Practice by city · November 2026

Capital Markets in Hong Kong: lateral monitor

Lawyers who changed firm in Capital Markets in Hong Kong over the last 12 months, set against the practice and the city as a whole.

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01 The numbers

The last 12 months: November 2025 to October 2026

25
Lateral moves, 12 monthsNovember 2025 to October 2026
24.0%
Partner share of moves
57
Lateral moves, three yearsThree years to October 2026
02 Reading the data

What the data show

In the Sartori & Partners lateral record, 25 lawyers joined a new firm in Capital Markets in Hong Kong from November 2025 to October 2026, 4.1% of the practice's moves.

Capital Markets in Hong Kong against Capital Markets, Hong Kong and the market
MeasureHereCapital MarketsHong KongMarket
Partner share of moves24.0%31.5%29.6%27.7%
Counsel share of moves20.0%11.5%11.1%12.7%
Associate share of moves56.0%56.5%59.3%58.5%
Moved up a level (three years)8.8%12.6%11.0%12.3%
Changed city-23.8%76.9%20.5%
Hired by firms of 1,000+ lawyers68.0%69.1%79.6%53.6%
Year on year-flat (+6.7%)rose (+28.0%)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 A dash is a value we do not publish.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.

Against the Capital Markets practice as a whole, the widest gap is the counsel share, which is higher here: 20.0% against 11.5%. Set against all moves in Hong Kong, the share hired by firms of 1,000+ lawyers stands out most: 68.0% here against 79.6%, below it.

Over the three years to October 2026, 57 lawyers moved in Capital Markets in Hong Kong. They joined 29 different firms. 74.5% came from firms with 1,000+ lawyers.

With partners at 24.0% of arrivals, the mix is in line with the market's 27.7%.

Firms in the 1,000+ lawyers class took 68.0% of arrivals, against 53.6% across the market.

The practice accounts for 23.1% of all lateral moves in Hong Kong.

03 Demand

Deals in Capital Markets in Hong Kong

Sartori & Partners data count 547 dated deals in Capital Markets in Hong Kong in the 12 months to October 2026 and 1,231 over the three years to October 2026.

Capital markets work is involved in 97.6% of them.

By client industry, Technology & Software comes first with 13.0%.

Davis Polk & Wardwell ranks first among advising firms over the period, in the 101-150 band.

Share of deals involving each client industry, three years to October 2026
Advising firms ranked by deals, three years to October 2026
RankFirmDeals (band)
1Davis Polk & Wardwell101-150
2Clifford Chance101-150
3Linklaters101-150
4Latham & Watkins61-100
5Slaughter and May61-100
6Sidley Austin41-60
7Kirkland & Ellis41-60
8King & Wood Mallesons41-60
9O'Melveny & Myers41-60
10Paul Hastings41-60
04 Specialities

Specialities in Capital Markets in Hong Kong

Over the three years to October 2026, Equity Offerings & IPOs was involved in 73.7% of moves in Capital Markets in Hong Kong.

05 Explore

Related monitors and reports

Other practices in Hong Kong

Capital Markets 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].

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