Practice by city · November 2026

Corporate & M&A in Sydney: lateral monitor

Lawyers who changed firm in Corporate & M&A in Sydney 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

30
Lateral moves, 12 monthsNovember 2025 to October 2026
-31.0%
Year on yearSettled 12-month windows
46.7%
Partner share of moves
90
Lateral moves, three yearsThree years to October 2026
02 Reading the data

What the data show

Sartori & Partners data show 30 lateral moves in Corporate & M&A in Sydney from November 2025 to October 2026, 1.0% of the practice's moves. On settled windows the count went from 42 to 29 (-31.0%), a change inside the noise of the two counts, so we read it as flat.

Corporate & M&A in Sydney against Corporate & M&A, Sydney and the market
MeasureHereCorporate & M&ASydneyMarket
Partner share of moves46.7%29.9%35.8%27.7%
Counsel share of moves (three years)11.1%10.2%17.4%12.1%
Associate share of moves43.3%57.7%41.3%58.5%
Moved up a level (three years)7.8%11.4%12.1%12.3%
Changed city22.2%21.2%18.2%20.5%
Hired by firms of 1,000+ lawyers50.0%62.6%57.4%53.6%
Year on yearflat (-31.0%)rose (+15.8%)flat (-18.8%)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 A dash is a value we do not publish.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 partner share stands out most: 46.7% here against 29.9%, above it. Against all moves in Sydney, the widest gap is the partner share, which is higher here: 46.7% against 35.8%. Year on year it held flat while the Corporate & M&A practice as a whole rose.

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

2026 runs to October.

Over the three years to October 2026, 90 lawyers moved in Corporate & M&A in Sydney, 31 of them partners (34.4%). They joined 27 different firms. 7.8% stepped up a level on the move and 21.1% changed city, against 12.3% and 21.6% across the market over the same three years. 64.9% came from firms with 1,000+ lawyers.

At 46.7%, the partner share of arrivals sits above the market's 27.7%.

The 12-month firm table is below our naming threshold, so this part reads the three years to October 2026. Lateral hires in Corporate & M&A in Sydney were spread across 27 firms. The ten firms at the head of the hiring table took 65.9% of arrivals (12.2% market-wide), so hiring here is concentrated. First on the hiring table is White & Case, with arrivals in the 6-10 band.

The practice accounts for 27.5% of all lateral moves in Sydney. Over the three years to October 2026, 62.2% of movers came from another firm in Sydney itself. A change of city came with 22.2% of moves (market 20.5%).

For a firm planning a hire in Corporate & M&A in Sydney, 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.

Firms ranked by lateral arrivals, three years to October 2026
RankFirmMoves (band)
1White & Case6-10
2Corrs Chambers Westgarth6-10
3Jones Day6-10
4Ashurst Perkins Coie6-10
5Herbert Smith Freehills Kramer6-10
6Norton Rose Fulbright3-5
7DLA Piper3-5
8Baker McKenzie3-5
9Mills Oakley3-5
10K & L Gates3-5
04 Demand

Deals in Corporate & M&A in Sydney

Sartori & Partners data count 175 dated deals in Corporate & M&A in Sydney in the 12 months to October 2026 and 494 over the three years to October 2026.

M&A work is involved in 82.4% of them and Private equity in 4.9%.

By client industry, Mining & Metals comes first with 10.5%.

Herbert Smith Freehills Kramer ranks first among advising firms over the period, in the 61-100 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)
1Herbert Smith Freehills Kramer61-100
2Allens61-100
3Ashurst Perkins Coie41-60
4King & Wood Mallesons21-40
5Clayton Utz21-40
6Clifford Chance21-40
7Jones Day21-40
8Corrs Chambers Westgarth21-40
9MinterEllison11-20
10DLA Piper11-20
05 Specialities

Specialities in Corporate & M&A in Sydney

Over the three years to October 2026, Private M&A was involved in 46.7% of moves in Corporate & M&A in Sydney, then Public M&A with 24.4%.

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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