Practice by city · November 2026
Private Equity in London: lateral monitor
Lawyers who changed firm in Private Equity in London over the last 12 months, set against the practice and the city as a whole.
The last 12 months: November 2025 to October 2026
- 165
- Lateral moves, 12 monthsNovember 2025 to October 2026
- +2.3%
- Year on yearSettled 12-month windows
- 30.9%
- Partner share of moves
- 54
- Firms that hired
What the data show
Sartori & Partners data show 165 lateral moves in Private Equity in London from November 2025 to October 2026, 13.2% of the practice's moves. On settled 12-month windows the count showed no clear change: 175 against 171 (+2.3%). The market as a whole moved +9.0%, so this flow lagged it.
| Measure | Here | Private Equity | London | Market |
|---|---|---|---|---|
| Partner share of moves | 30.9% | 38.1% | 29.3% | 27.7% |
| Counsel share of moves | 9.7% | 11.2% | 9.1% | 12.7% |
| Associate share of moves | 58.8% | 50.1% | 60.4% | 58.5% |
| Moved up a level | 10.3% | 14.2% | 11.5% | 12.9% |
| Changed city | 10.8% | 21.1% | 15.2% | 20.5% |
| Hired by firms of 1,000+ lawyers | 83.5% | 71.6% | 68.5% | 53.6% |
| Year on year | flat (+2.3%) | rose (+14.9%) | 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 A dash is a value we do not publish.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.
Set against the Private Equity practice as a whole, the share hired by firms of 1,000+ lawyers stands out most: 83.5% here against 71.6%, above it. Against all moves in London, the widest gap is the share hired by firms of 1,000+ lawyers, which is higher here: 83.5% against 68.5%. Year on year it held flat while the Private Equity practice as a whole rose.
Over the three years to October 2026, 491 lawyers moved in Private Equity in London, 151 of them partners (30.8%). They joined 85 different firms. 12.0% stepped up a level on the move and 16.6% changed city, against 12.3% and 21.6% across the market over the same three years. 77.3% came from firms with 1,000+ lawyers.
- Partner30.9%
- Counsel9.7%
- Associate58.8%
Partners account for 30.9% of movers, near the market's 27.7%. Year on year partner moves alone held level (54 to 54 on settled windows, 0.0%). A step up in title came with 10.3% of moves (market 12.9%).
- 1,000+ lawyers83.5%
- 400-999 lawyers15.2%
54 firms hired at least one lateral in Private Equity in London in the window. The ten firms at the head of the hiring table took 44.8% 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.
- 1,000+ lawyers77.3%
- 400-999 lawyers14.9%
- 150-399 lawyers2.4%
- under 150 lawyers5.4%
The practice accounts for 12.7% of all lateral moves in London. Over the three years to October 2026, 61.5% of movers came from another firm in London itself. A change of city came with 10.8% of moves (market 20.5%).
With volume in Private Equity in London holding level, a hire depends on a specific reason to move, which a firm has to put in front of the candidate.
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 | Latham & Watkins | 11-20 |
| 2 | Gibson, Dunn & Crutcher | 6-10 |
| 3 | Kirkland & Ellis | 6-10 |
| 4 | Sullivan & Cromwell | 6-10 |
| 5 | Paul Hastings | 6-10 |
| 6 | Fried, Frank, Harris, Shriver & Jacobson | 6-10 |
| 7 | DLA Piper | 3-5 |
| 8 | Akin, Gump, Strauss, Hauer & Feld | 3-5 |
| 9 | Goodwin Procter | 3-5 |
| 10 | White & Case | 3-5 |
| Rank | Firm | Moves (band) |
|---|---|---|
| 1 | Paul, Weiss, Rifkind, Wharton & Garrison | 6-10 |
| 2 | White & Case | 6-10 |
| 3 | Akin, Gump, Strauss, Hauer & Feld | 6-10 |
| 4 | Latham & Watkins | 3-5 |
| 5 | Simmons & Simmons | 3-5 |
| 6 | Paul Hastings | 3-5 |
| 7 | DLA Piper | 3-5 |
| 8 | Freshfields | 3-5 |
| 9 | Sidley Austin | 3-5 |
| 10 | Goodwin Procter | 3-5 |
Deals in Private Equity in London
Sartori & Partners data count 437 dated deals in Private Equity in London in the 12 months to October 2026 and 1,181 over the three years to October 2026.
Private equity work is involved in 61.5% of them and Venture & growth in 6.0%.
By client industry, Financial Sponsors comes first with 83.7%.
Latham & Watkins ranks first among advising firms over the period, in the 101-150 band.
| Rank | Firm | Deals (band) |
|---|---|---|
| 1 | Latham & Watkins | 101-150 |
| 2 | Kirkland & Ellis | 61-100 |
| 3 | Ropes & Gray | 61-100 |
| 4 | Clifford Chance | 41-60 |
| 5 | Freshfields | 41-60 |
| 6 | Simpson Thacher & Bartlett | 41-60 |
| 7 | Willkie Farr & Gallagher | 21-40 |
| 8 | Sidley Austin | 21-40 |
| 9 | Paul, Weiss, Rifkind, Wharton & Garrison | 21-40 |
| 10 | Weil Gotshal & Manges | 21-40 |
Time to partner in Private Equity in London
42 lawyers were promoted to partner in Private Equity in London in the 12 months to May 2026, 194 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 8.0 years and 11.0 years, against a market median of 10.0 years. 92.1% made partner within 12 years.
These figures rest on 127 promotions.
Specialities in Private Equity in London
Over the three years to October 2026, Buyouts was involved in 38.7% of moves in Private Equity in London, then Growth & Minority Investments with 13.2%.
Related monitors and reports
Other practices in London
- Banking & Finance
- Corporate & M&A
- Litigation & Disputes
- Real Estate
- Restructuring & Insolvency
- Funds & Investment Management
- Technology, Data & Privacy
- Projects & Infrastructure
- Capital Markets
- Tax
- Employment & Labor
- Construction
- Intellectual Property
- Antitrust & Competition
- Insurance & Reinsurance
- International Arbitration & Public International Law
- Environment & Sustainability
- Pensions, Benefits & Executive Compensation
- Regulatory & Compliance
- White Collar, Investigations & Criminal
- Financial Services Regulatory
Private Equity 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].
For law firm leaders
Planning a partner hire in this market?
We run retained partner searches using the same data behind this page.