Practice by city · November 2026

Restructuring & Insolvency in London: lateral monitor

Lawyers who changed firm in Restructuring & Insolvency in London 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

95
Lateral moves, 12 monthsNovember 2025 to October 2026
+24.4%
Year on yearSettled 12-month windows
43.2%
Partner share of moves
56
Firms that hired
02 Reading the data

What the data show

Sartori & Partners data show 95 lateral moves in Restructuring & Insolvency in London from November 2025 to October 2026, 13.6% of the practice's moves. On settled windows the count went from 78 to 97 (+24.4%), a change inside the noise of the two counts, so we read it as flat.

Restructuring & Insolvency in London against Restructuring & Insolvency, London and the market
MeasureHereRestructuring & InsolvencyLondonMarket
Partner share of moves43.2%41.5%29.3%27.7%
Counsel share of moves15.8%14.6%9.1%12.7%
Associate share of moves41.1%43.3%60.4%58.5%
Moved up a level17.9%16.5%11.5%12.9%
Changed city7.6%17.8%15.2%20.5%
Hired by firms of 1,000+ lawyers74.2%56.2%68.5%53.6%
Year on yearflat (+24.4%)rose (+10.0%)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 A dash is a value we do not publish.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 Restructuring & Insolvency practice as a whole, the share hired by firms of 1,000+ lawyers stands out most: 74.2% here against 56.2%, above it. Against all moves in London, the widest gap is the associate share, which is lower here: 41.1% against 60.4%. Year on year it held flat while the Restructuring & Insolvency practice as a whole rose.

Restructuring & Insolvency in London: lateral moves by year

2026 runs to October.

Over the three years to October 2026, 248 lawyers moved in Restructuring & Insolvency in London, 101 of them partners (40.7%). They joined 98 different firms. 13.3% stepped up a level on the move and 7.1% changed city, against 12.3% and 21.6% across the market over the same three years. 80.1% came from firms with 1,000+ lawyers.

Partners make up 43.2% of arrivals, against 27.7% across the market: a partner-heavy flow. On settled windows partner moves alone went from 33 to 40 (+21.2%), a change inside the noise of the two counts, so we read it as flat. 17.9% of movers stepped up a level when they changed firm, against 12.9% for the market.

Lateral hires in Restructuring & Insolvency in London were spread across 56 firms. The ten firms at the head of the hiring table took 42.1% of arrivals (12.9% market-wide), so hiring here is concentrated. Sullivan & Cromwell ranks first by lateral arrivals, in the 6-10 band.

The practice accounts for 7.3% of all lateral moves in London. Over the three years to October 2026, 68.1% of movers came from another firm in London itself. A change of city came with 7.6% of moves (market 20.5%).

With volume in Restructuring & Insolvency in London holding level, a hire depends on a specific reason to move, which a firm has to put in front of the candidate.

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, 12 months
RankFirmMoves (band)
1Sullivan & Cromwell6-10
2Akin, Gump, Strauss, Hauer & Feld6-10
3Paul Hastings3-5
4Gibson, Dunn & Crutcher3-5
5Proskauer Rose3-5
6Milbank3-5
7Willkie Farr & Gallagher3-5
04 Demand

Deals in Restructuring & Insolvency in London

Sartori & Partners data count 129 dated deals in Restructuring & Insolvency in London in the 12 months to October 2026 and 362 over the three years to October 2026.

Restructuring & insolvency work is involved in 70.4% of them and M&A in 8.0%.

By client industry, Consumer Goods & Retail comes first with 9.9%.

Kirkland & Ellis ranks first among advising firms over the period, in the 21-40 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 & Ellis21-40
2Milbank21-40
3Linklaters11-20
4Latham & Watkins11-20
5Sidley Austin11-20
6A&O Shearman11-20
7Ropes & Gray11-20
8Freshfields11-20
9White & Case11-20
10Davis Polk & Wardwell11-20
05 Promotions

Time to partner in Restructuring & Insolvency in London

77 lawyers were promoted to partner in Restructuring & Insolvency in London over five years, according to Sartori & Partners data.

The median time from first year of practice to partner is 11.0 years, with the middle half between 9.0 years and 13.5 years, against a market median of 10.0 years. 72.3% made partner within 12 years.

These figures rest on 47 promotions.

Years from first year of practice to partner
06 Specialities

Specialities in Restructuring & Insolvency in London

Over the three years to October 2026, Corporate Restructuring was involved in 52.4% of moves in Restructuring & Insolvency in London, then Creditors' Rights & Collections with 18.1%.

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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