Banking & Finance · speciality monitor

Corporate Lending: lateral monitor

Lawyers whose work centers on Corporate Lending 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

292
Lateral moves, 12 monthsNovember 2025 to October 2026
-1.3%
Year on yearSettled 12-month windows
34.2%
Partner share of moves
129
Firms that hired
02 Reading the data

What the data show

From November 2025 to October 2026, Sartori & Partners recorded 292 lateral moves in Corporate Lending. On settled 12-month windows the count showed no clear change: 309 against 313 (-1.3%). It fell behind the market's own change of +9.0%.

Corporate Lending against Banking & Finance and the market
MeasureHereBanking & FinanceMarket
Partner share of moves34.2%30.8%27.7%
Counsel share of moves13.7%12.7%12.7%
Associate share of moves52.1%55.8%58.5%
Moved up a level12.7%13.1%12.9%
Changed city18.6%20.4%20.5%
Hired by firms of 1,000+ lawyers63.9%63.8%53.6%
Year on yearflat (-1.3%)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 A dash is a value we do not publish.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 associate share, which is lower here: 52.1% against 55.8%. Year on year it held flat while the Banking & Finance practice as a whole rose.

Corporate Lending: lateral moves by year

2026 runs to October.

Over the three years to October 2026, 905 lawyers moved in Corporate Lending, 309 of them partners (34.1%). They joined 224 different firms. 12.5% stepped up a level on the move and 20.3% changed city, against 12.3% and 21.6% across the market over the same three years. 66.2% came from firms with 1,000+ lawyers.

Moves by month
4622
Nov 24Oct 25Oct 26

Latest: 22 in Sep 26

Show the numbers
MonthValue
Jan 2546
Feb 2528
Mar 2526
Apr 2531
May 2525
Jun 2523
Sep 2546
Oct 2530
Jan 2635
Feb 2632
Mar 2630
Apr 2629
May 2627
Jun 2629
Jul 2624
Aug 2622
Sep 2622

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

At 34.2%, the partner share of arrivals sits above the market's 27.7%. On settled 12-month windows partner moves alone showed no clear change: 100 against 103 (-2.9%). A step up in title came with 12.7% of moves (market 12.9%).

Lateral hires in Corporate Lending were spread across 129 firms. The ten firms at the head of the hiring table took 25.3% of arrivals (12.9% market-wide), so hiring here is moderately concentrated. Sidley Austin ranks first by lateral arrivals, in the 6-10 band.

Destination cities, share of moves, 12 months

By city, New York comes first (22.3% of arrivals), then London (15.8%). A change of city came with 18.6% of moves (market 20.5%).

There were 218 open roles in Corporate Lending on law-firm career pages on November 11, 2026.

For a firm planning a hire in Corporate Lending, 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, 12 months
RankFirmMoves (band)
1Sidley Austin6-10
2DLA Piper6-10
3Eversheds Sutherland6-10
4Mayer Brown6-10
5Paul Hastings6-10
6Greenberg Traurig6-10
7Kirkland & Ellis6-10
8Latham & Watkins6-10
9Moore & Van Allen6-10
10Jones Day6-10
Firms ranked by partner arrivals, 12 months
RankFirmMoves (band)
1DLA Piper6-10
2Mayer Brown6-10
3King & Spalding3-5
4Proskauer Rose3-5
5Kirkland & Ellis3-5
6Sidley Austin3-5
7Paul Hastings3-5
8Ashurst Perkins Coie3-5
9Jones Day3-5
04 Demand

Deals in Corporate Lending

Sartori & Partners data count 2,010 dated deals in Corporate Lending in the 12 months to October 2026 and 5,328 over the three years to October 2026.

Banking & lending work is involved in 54.5% of them and Leveraged & acquisition finance in 25.3%.

By client industry, Banks & Financial Institutions comes first with 16.5%.

Cahill Gordon & Reindel ranks first among advising firms over the period, in the 401-700 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)
1Cahill Gordon & Reindel401-700
2Jones Day401-700
3Latham & Watkins401-700
4Clifford Chance251-400
5Milbank151-250
6White & Case151-250
7Simpson Thacher & Bartlett101-150
8Hogan Lovells Cadwalader101-150
9A&O Shearman101-150
10Davis Polk & Wardwell101-150
05 Promotions

Time to partner in Corporate Lending

67 lawyers were promoted to partner in Corporate Lending in the 12 months to May 2026, 395 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 12.0 years, against a market median of 10.0 years. 80.3% made partner within 12 years.

These figures rest on 310 promotions.

Years from first year of practice to partner
06 Explore

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Reports

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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