Banking & Finance in Milan: lateral monitor

From November 2025 to October 2026, Sartori & Partners recorded 26 lateral moves in Banking & Finance in Milan, 1.3% of the practice's moves. On settled windows the count went from 42 to 32 (-23.8%), a change inside the noise of the two counts, so we read it as flat.

Over the three years to October 2026, 98 lawyers moved in Banking & Finance in Milan, 27 of them partners (27.6%). They joined 29 different firms. 8.2% stepped up a level on the move and 11.8% changed city, against 12.3% and 21.6% across the market over the same three years. 80.5% came from firms with 1,000+ lawyers.

The level mix sits close to the market: partners are 30.8% of arrivals, against 27.7% market-wide.

The 12-month firm table is below our naming threshold, so this part reads the three years to October 2026. 29 firms hired at least one lateral in Banking & Finance in Milan in the window. The ten firms at the head of the hiring table took 65.3% of arrivals (12.2% market-wide), so hiring here is concentrated. Hogan Lovells Cadwalader ranks first by lateral arrivals, in the 11-20 band.

The practice accounts for 25.7% of all lateral moves in Milan. Over the three years to October 2026, 61.2% of movers came from another firm in Milan itself.

With volume in Banking & Finance in Milan holding level, a hire depends on a specific reason to move, which a firm has to put in front of the candidate.

Sartori & Partners data count 128 dated deals in Banking & Finance in Milan in the 12 months to October 2026 and 323 over the three years to October 2026.

Banking & lending work is involved in 43.0% of them and Leveraged & acquisition finance in 22.0%.

By client industry, Banks & Financial Institutions comes first with 32.2%.

Hogan Lovells Cadwalader ranks first among advising firms over the period, in the 41-60 band.