Banking & Finance · speciality monitor

Asset Finance: lateral monitor

Lawyers whose work centers on Asset Finance and who changed firm over the last 12 months, set against the Banking & Finance practice and the market.

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01 The numbers

The last 12 months: November 2025 to October 2026

72
Lateral moves, 12 monthsNovember 2025 to October 2026
+43.6%
Year on yearSettled 12-month windows
36.1%
Partner share of moves
34
Firms that hired
02 Reading the data

What the data show

In the Sartori & Partners lateral record, 72 lawyers joined a new firm in Asset Finance from November 2025 to October 2026. On settled windows the count went from 55 to 79, up 43.6% year on year. The market as a whole moved +9.0%, so this flow outpaced it.

Asset Finance against Banking & Finance and the market
MeasureHereBanking & FinanceMarket
Partner share of moves36.1%30.8%27.7%
Counsel share of moves8.3%12.7%12.7%
Associate share of moves55.6%55.8%58.5%
Moved up a level12.5%13.1%12.9%
Changed city13.7%20.4%20.5%
Hired by firms of 1,000+ lawyers48.6%63.8%53.6%
Year on yearrose (+43.6%)rose (+14.1%)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 A dash is a value we do not publish.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 Banking & Finance practice as a whole, the widest gap is the share hired by firms of 1,000+ lawyers, which is lower here: 48.6% against 63.8%. Year on year it moved with the Banking & Finance practice as a whole: both rose.

Asset Finance: lateral moves by year

2026 runs to October.

Over the three years to October 2026, 208 lawyers moved in Asset Finance, 71 of them partners (34.1%). They joined 69 different firms. 14.9% stepped up a level on the move and 22.2% changed city, against 12.3% and 21.6% across the market over the same three years. 54.2% came from firms with 1,000+ lawyers.

This is a partner market: 36.1% of movers were partners, against 27.7% market-wide. On settled windows partner moves alone went from 22 to 28 (+27.3%), a change inside the noise of the two counts, so we read it as flat. A step up in title came with 12.5% of moves (market 12.9%).

34 firms hired at least one lateral in Asset Finance in the window. The ten firms at the head of the hiring table took 61.1% of arrivals (12.9% market-wide), so hiring here is concentrated. Stephenson Harwood ranks first by lateral arrivals, in the 6-10 band.

London ranks first among destination cities with 33.3% of arrivals. 13.7% of movers also changed city, against 20.5% market-wide.

There were 22 open roles in Asset Finance on law-firm career pages on November 11, 2026.

For a firm hiring in Asset Finance, the pool is moving and partners are part of it: expect competing offers and budget time for a contested process.

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 partner arrivals, three years to October 2026
RankFirmMoves (band)
1Stephenson Harwood6-10
2Keystone Law3-5
3Reed Smith3-5
4Hill Dickinson3-5
5Seward & Kissel3-5
6Holman Fenwick Willan3-5
04 Demand

Deals in Asset Finance

Sartori & Partners data count 68 dated deals in Asset Finance in the 12 months to October 2026 and 214 over the three years to October 2026.

Banking & lending work is involved in 51.4% of them and Project & infrastructure finance in 13.1%.

By client industry, Banks & Financial Institutions comes first with 30.4%.

Watson Farley & Williams ranks first among advising firms over the period, in the 41-60 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)
1Watson Farley & Williams41-60
2Stephenson Harwood21-40
3Clifford Chance11-20
4Latham & Watkins6-10
5Vedder6-10
6Milbank6-10
7K & L Gates6-10
8Dentons6-10
9Herbert Smith Freehills Kramer6-10
10Taylor Wessing3-5
05 Promotions

Time to partner in Asset Finance

83 lawyers were promoted to partner in Asset Finance 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 13.0 years, against a market median of 10.0 years. 69.8% made partner within 12 years.

These figures rest on 63 promotions.

Years from first year of practice to partner
06 Explore

Related monitors and reports

Hiring in this market

Reports

  • Asset Finance Lawyers: Aircraft, Ships and London in 2026

    Asset finance is transport work as much as bank work: aviation clients appear in 22.4% of the speciality's matters, transportation in 15.4% and shipping in 12.6%, beside banks at 30.4%. Lateral hiring rose 43.6%, and London's share of moves indexes at 360 against the market.

    November 11, 2026 · November 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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