Practice by city · November 2026
Corporate & M&A in Chicago: lateral monitor
Lawyers who changed firm in Corporate & M&A in Chicago over the last 12 months, set against the practice and the city as a whole.
The last 12 months: November 2025 to October 2026
- 119
- Lateral moves, 12 monthsNovember 2025 to October 2026
- +49.4%
- Year on yearSettled 12-month windows
- 28.6%
- Partner share of moves
- 54
- Firms that hired
What the data show
From November 2025 to October 2026, Sartori & Partners recorded 119 lateral moves in Corporate & M&A in Chicago, 4.1% of the practice's moves. On settled windows the count went from 77 to 115, up 49.4% year on year. The market as a whole moved +9.0%, so this flow outpaced it.
| Measure | Here | Corporate & M&A | Chicago | Market |
|---|---|---|---|---|
| Partner share of moves | 28.6% | 29.9% | 26.8% | 27.7% |
| Counsel share of moves | 6.7% | 11.3% | 9.5% | 12.7% |
| Associate share of moves | 62.2% | 57.7% | 61.6% | 58.5% |
| Moved up a level | 5.9% | 12.4% | 8.4% | 12.9% |
| Changed city | 19.2% | 21.2% | 15.7% | 20.5% |
| Hired by firms of 1,000+ lawyers | 64.4% | 62.6% | 51.2% | 53.6% |
| Year on year | rose (+49.4%) | rose (+15.8%) | flat (+9.7%) | 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 A dash is a value we do not publish.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 Corporate & M&A practice as a whole, the share who moved up a level stands out most: 5.9% here against 12.4%, below it. Against all moves in Chicago, the widest gap is the share hired by firms of 1,000+ lawyers, which is higher here: 64.4% against 51.2%. Year on year it moved with the Corporate & M&A practice as a whole: both rose.
Over the three years to October 2026, 265 lawyers moved in Corporate & M&A in Chicago, 76 of them partners (28.7%). They joined 80 different firms. 7.2% stepped up a level on the move and 18.9% changed city, against 12.3% and 21.6% across the market over the same three years. 66.4% came from firms with 1,000+ lawyers.
- Partner28.6%
- Counsel6.7%
- Associate62.2%
The level mix sits close to the market: partners are 28.6% of arrivals, against 27.7% market-wide. On settled windows partner moves alone went from 21 to 34, up 61.9% year on year. A step up in title came with 5.9% of moves (market 12.9%).
- 1,000+ lawyers64.4%
- 400-999 lawyers16.1%
- 150-399 lawyers5.9%
- under 150 lawyers13.6%
Lateral hires in Corporate & M&A in Chicago were spread across 54 firms. The ten firms at the head of the hiring table took 39.5% of arrivals (12.9% market-wide), so hiring here is concentrated. First on the hiring table is Kirkland & Ellis, with arrivals in the 6-10 band.
- 1,000+ lawyers66.4%
- 400-999 lawyers20.4%
- 150-399 lawyers6.8%
- under 150 lawyers6.4%
The practice accounts for 19.9% of all lateral moves in Chicago. Over the three years to October 2026, 69.8% of movers came from another firm in Chicago itself. 19.2% of movers also changed city, against 20.5% market-wide.
There were 35 open roles in Corporate & M&A in Chicago on law-firm career pages on November 11, 2026.
For a firm hiring in Corporate & M&A in Chicago, a rising market means candidates have options: move quickly once a shortlist exists.
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 | Kirkland & Ellis | 6-10 |
| 2 | Latham & Watkins | 3-5 |
| 3 | DLA Piper | 3-5 |
| 4 | Croke Fairchild Duarte & Beres | 3-5 |
| 5 | Simpson Thacher & Bartlett | 3-5 |
| 6 | Norton Rose Fulbright | 3-5 |
| 7 | Winston Taylor | 3-5 |
| 8 | Sidley Austin | 3-5 |
| 9 | Honigman Attorneys & Counselors | 3-5 |
| 10 | Katten Muchin Rosenman | 3-5 |
Deals in Corporate & M&A in Chicago
Sartori & Partners data count 1,022 dated deals in Corporate & M&A in Chicago in the 12 months to October 2026 and 2,451 over the three years to October 2026.
M&A work is involved in 77.0% of them and Private equity in 10.5%.
By client industry, Technology & Software comes first with 14.5%.
Kirkland & Ellis ranks first among advising firms over the period, in the 251-400 band.
| Rank | Firm | Deals (band) |
|---|---|---|
| 1 | Kirkland & Ellis | 251-400 |
| 2 | Latham & Watkins | 251-400 |
| 3 | Sidley Austin | 151-250 |
| 4 | McDermott Will & Schulte | 61-100 |
| 5 | Mayer Brown | 61-100 |
| 6 | Ropes & Gray | 61-100 |
| 7 | Vedder | 61-100 |
| 8 | Baker McKenzie | 61-100 |
| 9 | Wilson Sonsini Goodrich & Rosati | 41-60 |
| 10 | Willkie Farr & Gallagher | 41-60 |
Time to partner in Corporate & M&A in Chicago
25 lawyers were promoted to partner in Corporate & M&A in Chicago in the 12 months to May 2026, 121 over five years, according to Sartori & Partners data.
The median time from first year of practice to partner is 9.0 years, with the middle half between 7.0 years and 10.0 years, against a market median of 10.0 years. 89.0% made partner within 12 years.
These figures rest on 109 promotions.
Specialities in Corporate & M&A in Chicago
Over the three years to October 2026, Private M&A was involved in 47.5% of moves in Corporate & M&A in Chicago, then Joint Ventures with 12.5%.
Related monitors and reports
Other practices in Chicago
- Litigation & Disputes
- Banking & Finance
- Private Equity
- Employment & Labor
- Product Liability & Torts
- Real Estate
- Intellectual Property
- Insurance & Reinsurance
- Tax
- Restructuring & Insolvency
- Technology, Data & Privacy
- White Collar, Investigations & Criminal
- Private Client & Estates
- Funds & Investment Management
- Health Care
- Pensions, Benefits & Executive Compensation
Corporate & M&A 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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