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.
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
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%.
| Measure | Here | Banking & Finance | Market |
|---|---|---|---|
| Partner share of moves | 34.2% | 30.8% | 27.7% |
| Counsel share of moves | 13.7% | 12.7% | 12.7% |
| Associate share of moves | 52.1% | 55.8% | 58.5% |
| Moved up a level | 12.7% | 13.1% | 12.9% |
| Changed city | 18.6% | 20.4% | 20.5% |
| Hired by firms of 1,000+ lawyers | 63.9% | 63.8% | 53.6% |
| Year on year | flat (-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 A dash is a value we do not publish.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.
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.
Latest: 22 in Sep 26
Show the numbers
| Month | Value |
|---|---|
| Jan 25 | 46 |
| Feb 25 | 28 |
| Mar 25 | 26 |
| Apr 25 | 31 |
| May 25 | 25 |
| Jun 25 | 23 |
| Sep 25 | 46 |
| Oct 25 | 30 |
| Jan 26 | 35 |
| Feb 26 | 32 |
| Mar 26 | 30 |
| Apr 26 | 29 |
| May 26 | 27 |
| Jun 26 | 29 |
| Jul 26 | 24 |
| Aug 26 | 22 |
| Sep 26 | 22 |
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%).
- Partner34.2%
- Counsel13.7%
- Associate52.1%
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.
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%).
- 1,000+ lawyers66.2%
- 400-999 lawyers19.0%
- 150-399 lawyers8.8%
- under 150 lawyers5.9%
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.
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 | Sidley Austin | 6-10 |
| 2 | DLA Piper | 6-10 |
| 3 | Eversheds Sutherland | 6-10 |
| 4 | Mayer Brown | 6-10 |
| 5 | Paul Hastings | 6-10 |
| 6 | Greenberg Traurig | 6-10 |
| 7 | Kirkland & Ellis | 6-10 |
| 8 | Latham & Watkins | 6-10 |
| 9 | Moore & Van Allen | 6-10 |
| 10 | Jones Day | 6-10 |
| Rank | Firm | Moves (band) |
|---|---|---|
| 1 | DLA Piper | 6-10 |
| 2 | Mayer Brown | 6-10 |
| 3 | King & Spalding | 3-5 |
| 4 | Proskauer Rose | 3-5 |
| 5 | Kirkland & Ellis | 3-5 |
| 6 | Sidley Austin | 3-5 |
| 7 | Paul Hastings | 3-5 |
| 8 | Ashurst Perkins Coie | 3-5 |
| 9 | Jones Day | 3-5 |
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.
| Rank | Firm | Deals (band) |
|---|---|---|
| 1 | Cahill Gordon & Reindel | 401-700 |
| 2 | Jones Day | 401-700 |
| 3 | Latham & Watkins | 401-700 |
| 4 | Clifford Chance | 251-400 |
| 5 | Milbank | 151-250 |
| 6 | White & Case | 151-250 |
| 7 | Simpson Thacher & Bartlett | 101-150 |
| 8 | Hogan Lovells Cadwalader | 101-150 |
| 9 | A&O Shearman | 101-150 |
| 10 | Davis Polk & Wardwell | 101-150 |
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.
Related monitors and reports
Other specialities in Banking & Finance
Hiring in this market
Reports
- Corporate Lending in 2026: 2,010 Deals, Lateral Hiring Flat
Banking and finance deal work rose 12.1% and the practice's hiring rose 14.1%, yet corporate lending lawyers are not moving more: hiring in the speciality held flat (-1.3%).
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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