Practice monitor · November 2026

Corporate & M&A: lateral market monitor

Lawyers who changed firm in Corporate & M&A over the last 12 months: how many, at what level, where they went and which firms hired them.

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01 The numbers

The last 12 months: November 2025 to October 2026

2,910
Lateral moves, 12 monthsNovember 2025 to October 2026
+15.8%
Year on yearSettled 12-month windows
29.9%
Partner share of moves
539
Firms that hired
02 Reading the data

What the data show

Sartori & Partners data show 2,910 lateral moves in Corporate & M&A from November 2025 to October 2026, 20.7% of all lateral moves we tracked. Year on year, on windows that end a month early, the count grew 15.8% (2,532 to 2,933). The market as a whole moved +9.0%, so this flow outpaced it.

Corporate & M&A lateral moves by year

2026 runs to October.

Partners account for 29.9% of movers, near the market's 27.7%. On settled windows partner moves alone went from 778 to 873, up 12.2% year on year. A step up in title came with 12.4% of moves (market 12.9%).

Moves by month, last 24 months
34493
Nov 24Oct 25Oct 26

Latest: 211 in Oct 26

Show the numbers
MonthValue
Nov 24159
Dec 2493
Jan 25312
Feb 25221
Mar 25222
Apr 25196
May 25211
Jun 25218
Jul 25186
Aug 25182
Sep 25319
Oct 25234
Nov 25191
Dec 25102
Jan 26281
Feb 26230
Mar 26308
Apr 26229
May 26259
Jun 26291
Jul 26242
Aug 26222
Sep 26344
Oct 26211

The newest months read low: start dates are confirmed with a delay.

539 firms hired at least one lateral in Corporate & M&A in the window. The ten firms at the head of the hiring table took 21.6% of arrivals (12.9% market-wide), so hiring here is moderately concentrated. First on the hiring table is Kirkland & Ellis, with arrivals in the 61-100 band.

New York ranks first among destination cities with 17.3% of arrivals, followed by London (10.4%). 21.2% of movers also changed city, against 20.5% market-wide.

Destination cities, share of moves, 12 months

0.2% of moves came as part of a group, against 1.5% market-wide. In-house roles drew 316 lawyers in the last 6 months, 20.1 per 100 lateral moves (market 13.1).

Volume in Corporate & M&A is rising with a mix close to the market, so timing matters more than the level you hire at.

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.

Firms ranked by lateral arrivals, 12 months
RankFirmMoves (band)
1Kirkland & Ellis61-100
2DLA Piper61-100
3Simpson Thacher & Bartlett61-100
4Latham & Watkins61-100
5White & Case41-60
6Greenberg Traurig41-60
7Cooley41-60
8Gibson, Dunn & Crutcher41-60
9Willkie Farr & Gallagher21-40
10Paul, Weiss, Rifkind, Wharton & Garrison21-40
Firms ranked by partner arrivals, 12 months
RankFirmMoves (band)
1White & Case21-40
2DLA Piper21-40
3Simpson Thacher & Bartlett21-40
4Greenberg Traurig21-40
5Kirkland & Ellis11-20
6Paul, Weiss, Rifkind, Wharton & Garrison11-20
7Reed Smith11-20
8Holland & Knight11-20
9Latham & Watkins11-20
10Willkie Farr & Gallagher11-20
04 Explore

Related monitors and reports

Corporate & M&A by city

Overlapping practices

Hiring in this market

Reports

  • Boston M&A Lateral Hiring Runs Through Firms of 1,000+ Lawyers

    Boston corporate and M&A laterals join the largest firms far more often than M&A laterals elsewhere or Boston laterals in general. The pattern holds over 3 years, and the deal work behind it leans on biotech, software and venture clients.

    November 11, 2026 · November 2026
  • Chicago M&A Lateral Hiring Rose 49.4% While the City Held Flat

    Corporate and M&A hiring in Chicago rose 49.4% on the year, ahead of the practice as a whole and of a city where total hiring held flat. Partner moves into Chicago M&A rose 61.9%, from 21 to 34.

    November 11, 2026 · November 2026
  • Corporate M&A Deals in 2026: 74.6% M&A, Tech the Largest Client

    M&A is 74.6% of corporate deal work and technology is the largest client sector at 14.0%, 2.1 times its share of all deals. Corporate deals rose 9.5% while corporate lateral hiring rose 15.8%: firms are hiring ahead of the work.

    November 11, 2026 · November 2026
  • Corporate M&A Lateral Hiring Rose 15.8%, Faster Than the Market

    Corporate and M&A lateral hiring rose 15.8% against 9.0% for the whole market, and partner hiring kept pace at 12.2%. The practice also sends more of its lawyers in-house than litigation does.

    November 11, 2026 · November 2026
  • Corporate M&A Path to Partner: Fast Track, Thin Pipeline

    Corporate and M&A promotes faster than the market, with a median of 9.0 years to partner against 10.0 years, yet makes only 0.75 partners for each lateral partner it hires. Since May 2026 its moves to companies have equaled 20.1% of its lateral moves, drawn from the bench those promotions need.

    November 11, 2026 · November 2026
  • Dallas M&A Laterals Skew to Partners Who Arrive Already Made

    Dallas takes an ordinary share of corporate and M&A lateral moves but an outsized share of the M&A partners who move. Those partners mostly held the title before they changed firms: few Dallas M&A laterals stepped up on the way in.

    November 11, 2026 · November 2026
  • Houston M&A Is Energy M&A: Oil and Gas on 28.5% of Deals

    Oil and gas clients sit on 28.5% of Houston M&A deals over 3 years, 9.5 times their share of the practice's deals over 12 months. Houston M&A lateral hiring rose 51.7%, in step with the city.

    November 11, 2026 · November 2026
  • London M&A Is an Associate Market: 63.5% of Lateral Moves

    London Corporate and M&A hiring runs on associates: 63.5% of lateral moves, against 57.7% for the practice as a whole and 60.4% for London. Counsel are only 8.2% of moves, and just 9.2% brought a step up in title.

    November 11, 2026 · November 2026
  • Los Angeles M&A Partner Track: Faster Than the City Around It

    Los Angeles M&A lawyers reach partner sooner than the city's lawyers overall: 31.8% made it within 8 years, against 18.3% across Los Angeles and 29.5% across the M&A practice. The city's slow partner track is not an M&A problem.

    November 11, 2026 · November 2026
  • New York M&A Lateral Hiring: Ten Firms Take 35.5% of Moves

    A short list of large firms does most of the lateral buying in New York M&A. The ten most active hirers took 35.5% of moves, against 21.6% for the practice as a whole and 21.5% for New York, and firms of 1,000+ lawyers took 73.7%.

    November 11, 2026 · November 2026
  • Paris M&A Hiring Fell 29.7% as the Practice Rose 15.8%

    Corporate and M&A lateral hiring in Paris dropped to 71 moves from 101 while the practice grew market-wide. The deal work did not go away: Paris M&A lawyers were on 652 deals in 12 months.

    November 11, 2026 · November 2026
  • San Francisco M&A Hiring: Venture Deals Are 24.3% of the Work

    San Francisco M&A lawyers do venture work at a rate New York does not approach: venture and growth deals are 24.3% of their deals over 3 years, against 7.5% in New York M&A, and technology clients sit on 31.3% of them against 15.3%.

    November 11, 2026 · November 2026
  • Washington M&A Partner Hires Stayed at 31 While the City's Rose

    Partner hiring in Washington corporate and M&A stood still at 31 lateral partners against 31 a year earlier, while partner hiring across Washington rose 18.2% and across M&A rose 12.2%. Most of the city's partner demand sits in litigation, investigations and government work.

    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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