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.

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01 The numbers

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
02 Reading the data

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.

Corporate & M&A in Chicago against Corporate & M&A, Chicago and the market
MeasureHereCorporate & M&AChicagoMarket
Partner share of moves28.6%29.9%26.8%27.7%
Counsel share of moves6.7%11.3%9.5%12.7%
Associate share of moves62.2%57.7%61.6%58.5%
Moved up a level5.9%12.4%8.4%12.9%
Changed city19.2%21.2%15.7%20.5%
Hired by firms of 1,000+ lawyers64.4%62.6%51.2%53.6%
Year on yearrose (+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 A dash is a value we do not publish.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.

Corporate & M&A in Chicago: lateral moves by year

2026 runs to October.

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.

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%).

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.

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.

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.

04 Demand

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.

Share of deals involving each deal type, three years to October 2026
Share of deals involving each client industry, three years to October 2026
Advising firms ranked by deals, three years to October 2026
RankFirmDeals (band)
1Kirkland & Ellis251-400
2Latham & Watkins251-400
3Sidley Austin151-250
4McDermott Will & Schulte61-100
5Mayer Brown61-100
6Ropes & Gray61-100
7Vedder61-100
8Baker McKenzie61-100
9Wilson Sonsini Goodrich & Rosati41-60
10Willkie Farr & Gallagher41-60
05 Promotions

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.

Years from first year of practice to partner
06 Specialities

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%.

Share of moves involving each speciality, three years to October 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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