Practice by city · November 2026

Corporate & M&A in London: lateral monitor

Lawyers who changed firm in Corporate & M&A in London over the last 12 months, set against the practice and the city as a whole.

Hire legal talent Partner recruiting
01 The numbers

The last 12 months: November 2025 to October 2026

304
Lateral moves, 12 monthsNovember 2025 to October 2026
-3.7%
Year on yearSettled 12-month windows
27.0%
Partner share of moves
91
Firms that hired
02 Reading the data

What the data show

In the Sartori & Partners lateral record, 304 lawyers joined a new firm in Corporate & M&A in London from November 2025 to October 2026, 10.4% of the practice's moves. Year on year the count held level (324 to 312 on settled windows, -3.7%). That trails the wider market, which moved +9.0%.

Corporate & M&A in London against Corporate & M&A, London and the market
MeasureHereCorporate & M&ALondonMarket
Partner share of moves27.0%29.9%29.3%27.7%
Counsel share of moves8.2%11.3%9.1%12.7%
Associate share of moves63.5%57.7%60.4%58.5%
Moved up a level9.2%12.4%11.5%12.9%
Changed city15.1%21.2%15.2%20.5%
Hired by firms of 1,000+ lawyers79.9%62.6%68.5%53.6%
Year on yearflat (-3.7%)rose (+15.8%)flat (-2.5%)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 A dash is a value we do not publish.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.

Against the Corporate & M&A practice as a whole, the widest gap is the share hired by firms of 1,000+ lawyers, which is higher here: 79.9% against 62.6%. Set against all moves in London, the share hired by firms of 1,000+ lawyers stands out most: 79.9% here against 68.5%, above it. Year on year it held flat while the Corporate & M&A practice as a whole rose.

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

2026 runs to October.

Over the three years to October 2026, 901 lawyers moved in Corporate & M&A in London, 249 of them partners (27.6%). They joined 129 different firms. 10.4% stepped up a level on the move and 19.1% changed city, against 12.3% and 21.6% across the market over the same three years. 70.6% came from firms with 1,000+ lawyers.

Moves by month, last 24 months
4220
Nov 24Oct 25Oct 26

Latest: 42 in Sep 26

Show the numbers
MonthValue
Jan 2530
Feb 2534
Mar 2532
Apr 2525
May 2534
Jun 2536
Aug 2520
Sep 2539
Oct 2525
Nov 2533
Jan 2639
Feb 2623
Mar 2634
Apr 2620
May 2628
Jun 2627
Sep 2642

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

Partners account for 27.0% of movers, near the market's 27.7%. On settled windows partner moves alone went from 93 to 84 (-9.7%), a change inside the noise of the two counts, so we read it as flat. 9.2% of movers stepped up a level when they changed firm, against 12.9% for the market.

Lateral hires in Corporate & M&A in London were spread across 91 firms. The ten firms at the head of the hiring table took 33.6% of arrivals (12.9% market-wide), so hiring here is concentrated. First on the hiring table is Latham & Watkins, with arrivals in the 11-20 band.

The practice accounts for 23.3% of all lateral moves in London. Over the three years to October 2026, 60.3% of movers came from another firm in London itself. 15.1% of movers also changed city, against 20.5% market-wide.

There were 22 open roles in Corporate & M&A in London on law-firm career pages on November 11, 2026.

For a firm planning a hire in Corporate & M&A in London, a flat market means candidates are not being pulled by a wave: the case for a move has to come from the platform.

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 London

Sartori & Partners data count 1,964 dated deals in Corporate & M&A in London in the 12 months to October 2026 and 5,273 over the three years to October 2026.

M&A work is involved in 75.4% of them and Private equity in 8.2%.

By client industry, Technology & Software comes first with 12.9%.

Latham & Watkins 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)
1Latham & Watkins251-400
2Freshfields151-250
3Slaughter and May151-250
4White & Case151-250
5Kirkland & Ellis151-250
6Clifford Chance151-250
7A&O Shearman151-250
8Osborne Clarke151-250
9Linklaters101-150
10Goodwin Procter101-150
05 Promotions

Time to partner in Corporate & M&A in London

64 lawyers were promoted to partner in Corporate & M&A in London in the 12 months to May 2026, 313 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 8.0 years and 11.0 years, against a market median of 10.0 years. 87.6% made partner within 12 years.

These figures rest on 193 promotions.

Years from first year of practice to partner
06 Specialities

Specialities in Corporate & M&A in London

Over the three years to October 2026, Private M&A was involved in 47.2% of moves in Corporate & M&A in London, then Public M&A with 13.2%.

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].

For law firm leaders

Planning a partner hire in this market?

We run retained partner searches using the same data behind this page.