Practice by city · November 2026
Banking & Finance in Philadelphia: lateral monitor
Lawyers who changed firm in Banking & Finance in Philadelphia over the last 12 months, set against the practice and the city as a whole.
The last 12 months: November 2025 to October 2026
- 28
- Lateral moves, 12 monthsNovember 2025 to October 2026
- 32.1%
- Partner share of moves
- 20
- Firms that hired
- 52
- Lateral moves, three yearsThree years to October 2026
What the data show
In the Sartori & Partners lateral record, 28 lawyers joined a new firm in Banking & Finance in Philadelphia from November 2025 to October 2026, 1.4% of the practice's moves.
| Measure | Here | Banking & Finance | Philadelphia | Market |
|---|---|---|---|---|
| Partner share of moves | 32.1% | 30.8% | 25.9% | 27.7% |
| Counsel share of moves (three years) | 15.4% | 11.4% | 10.9% | 12.1% |
| Associate share of moves | 50.0% | 55.8% | 61.5% | 58.5% |
| Moved up a level (three years) | 9.6% | 12.2% | 11.5% | 12.3% |
| Changed city | 23.8% | 20.4% | 22.1% | 20.5% |
| Hired by firms of 1,000+ lawyers | 46.4% | 63.8% | 39.6% | 53.6% |
| Year on year | - | rose (+14.1%) | rose (+24.5%) | rose (+9.0%) |
12 months to October 2026 unless the row says three years; a row switches to three years for every column when this page's 12-month value is not published. A dash is a value we do not publish. Flat means a change under 5% or inside the noise of the two counts.
Set against the Banking & Finance practice as a whole, the share hired by firms of 1,000+ lawyers stands out most: 46.4% here against 63.8%, below it. Against all moves in Philadelphia, the widest gap is the associate share, which is lower here: 50.0% against 61.5%.
- Partner32.1%
- Associate50.0%
Over the three years to October 2026, 52 lawyers moved in Banking & Finance in Philadelphia. They joined 27 different firms. 9.6% stepped up a level on the move and 28.9% changed city, against 12.3% and 21.6% across the market over the same three years. 41.0% came from firms with 1,000+ lawyers.
- 1,000+ lawyers46.4%
- 400-999 lawyers21.4%
- 150-399 lawyers17.9%
With partners at 32.1% of arrivals, the mix is in line with the market's 27.7%.
- 1,000+ lawyers41.0%
- 400-999 lawyers38.5%
The 12-month firm table is below our naming threshold, so this part reads the three years to October 2026. 27 firms hired at least one lateral in Banking & Finance in Philadelphia in the window. Ten firms account for 60.9% of arrivals, against 12.2% across the market: concentrated. First on the hiring table is Stevens & Lee, with arrivals in the 6-10 band.
The practice accounts for 10.4% of all lateral moves in Philadelphia. Over the three years to October 2026, 51.9% of movers came from another firm in Philadelphia itself. 23.8% of movers also changed city, against 20.5% market-wide.
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.
| Rank | Firm | Moves (band) |
|---|---|---|
| 1 | Stevens & Lee | 6-10 |
| 2 | Dechert | 3-5 |
| 3 | Morgan, Lewis & Bockius | 3-5 |
| 4 | Obermayer Rebmann Maxwell & Hippel | 3-5 |
Deals in Banking & Finance in Philadelphia
Sartori & Partners data count 55 over the three years to October 2026.
Banking & lending work is involved in 54.5% of them.
Dechert ranks first among advising firms over the period, in the 11-20 band.
| Rank | Firm | Deals (band) |
|---|---|---|
| 1 | Dechert | 11-20 |
| 2 | Morgan, Lewis & Bockius | 6-10 |
| 3 | Blank Rome | 6-10 |
| 4 | Ballard Spahr | 3-5 |
| 5 | Faegre Drinker Biddle & Reath | 3-5 |
| 6 | Troutman Pepper Locke | 3-5 |
| 7 | Goodwin Procter | 3-5 |
| 8 | Cozen O'Connor | 3-5 |
Time to partner in Banking & Finance in Philadelphia
20 lawyers were promoted to partner in Banking & Finance in Philadelphia over five years, according to Sartori & Partners data.
The median time from first year of practice to partner is 10.0 years, with the middle half between 9.0 years and 11.0 years, against a market median of 10.0 years. 85.0% made partner within 12 years.
These figures rest on 20 promotions.
Related monitors and reports
Up one level
Other practices in Philadelphia
Banking & Finance in other cities
Hiring in this market
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].
For law firm leaders
Planning a partner hire in this market?
We run retained partner searches using the same data behind this page.