Client industry · November 2026

Banks & Financial Institutions: who advises the sector

Dated deals for banks & financial institutions clients over the last 12 months, the practices and firms behind them, and how lawyers with this focus moved.

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01 The numbers

The last 12 months: November 2025 to October 2026

3,433
Dated deals, 12 monthsNovember 2025 to October 2026
+7.2%
Year on yearSettled 12-month windows
$660m
Median disclosed value
1,314
Distinct clients
02 Reading the data

What the data show

From November 2025 to October 2026, Sartori & Partners recorded 3,433 dated deals for Banks & Financial Institutions clients. Measured on settled 12-month windows, 3,457 deals against 3,224 the year before, the deal count rose 7.2%. The deal market as a whole moved +10.6% over the same windows.

Banks & Financial Institutions deals by year

2026 runs to October.

By practice, Capital Markets is involved in 51.0% of these deals and Banking & Finance in 15.8%. By deal type, Capital markets is involved in 48.8% of these deals and Disputes & investigations in 14.6%.

Deal value was disclosed on 24.1% of them; where disclosed, the median was $660 million. 1,314 distinct clients appear across the window.

Where the work is done: share of the sector's deals handled with lawyers in each city

First among advising firms is Davis Polk & Wardwell, with deals in the 151-250 band.

Lateral moves by lawyers with this focus, by year

2026 runs to October.

Lawyers whose work centers on Banks & Financial Institutions changed firm 951 times in the same window. Partners were 44.7% of those moves, against 27.7% across the lateral market. Year on year those moves changed +1.5%.

For a company in Banks & Financial Institutions, the adviser table shows where sector experience sits, which is where an in-house hire is most likely to come from.

03 Firms

Firms by rank and band

Each firm appears as a rank and a band, never an exact count, and only with at least 10 moves in the window.

Advising firms ranked by deals, 12 months
RankFirmDeals (band)
1Davis Polk & Wardwell151-250
2A&O Shearman151-250
3Clifford Chance151-250
4Linklaters151-250
5Simpson Thacher & Bartlett101-150
6Jones Day101-150
7White & Case101-150
8Sidley Austin101-150
9Mayer Brown61-100
10Sullivan & Cromwell61-100
04 Explore

Related monitors and reports

Reports

  • Bank Outside Counsel in 2026: A Four-Way Top and Transatlantic Work

    No single firm owns bank work: the four most active advisers sit in one band, and four of the ten cities where bank deals were handled are in Europe. Capital markets and lending are 56.5% of the deals.

    November 11, 2026 · November 2026
  • Hiring a Bank Lawyer In-House: 67.0% of the Bench Is Finance

    Finance lawyers make up 67.0% of the bank-focused lawyers who changed firms, an index of 481 against the market, with regulatory and restructuring the next pools. Moves were flat and most joined firms of 1,000+ lawyers: a bank's in-house hire comes from big-firm finance groups.

    November 11, 2026 · November 2026

Edition November 2026. Window: November 2025 to October 2026. Source: Sartori & Partners, from public law-firm announcements, firm websites and professional profiles, checked monthly. Methodology. Spot an error? [email protected].

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