Restructuring & Insolvency · speciality monitor

Corporate Restructuring: lateral monitor

Lawyers whose work centers on Corporate Restructuring and who changed firm over the last 12 months, set against the Restructuring & Insolvency practice and the market.

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01 The numbers

The last 12 months: November 2025 to October 2026

289
Lateral moves, 12 monthsNovember 2025 to October 2026
-9.7%
Year on yearSettled 12-month windows
45.0%
Partner share of moves
140
Firms that hired
02 Reading the data

What the data show

In the Sartori & Partners lateral record, 289 lawyers joined a new firm in Corporate Restructuring from November 2025 to October 2026. On settled windows the count went from 318 to 287 (-9.7%), a change inside the noise of the two counts, so we read it as flat.

Corporate Restructuring against Restructuring & Insolvency and the market
MeasureHereRestructuring & InsolvencyMarket
Partner share of moves45.0%41.5%27.7%
Counsel share of moves14.5%14.6%12.7%
Associate share of moves40.5%43.3%58.5%
Moved up a level15.9%16.5%12.9%
Changed city18.5%17.8%20.5%
Hired by firms of 1,000+ lawyers59.5%56.2%53.6%
Year on yearflat (-9.7%)rose (+10.0%)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 A dash is a value we do not publish.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 partner share stands out most: 45.0% here against 41.5%, above it. Year on year it held flat while the Restructuring & Insolvency practice as a whole rose.

Corporate Restructuring: lateral moves by year

2026 runs to October.

Over the three years to October 2026, 861 lawyers moved in Corporate Restructuring, 351 of them partners (40.8%). They joined 252 different firms. 13.2% stepped up a level on the move and 17.2% changed city, against 12.3% and 21.6% across the market over the same three years. 67.2% came from firms with 1,000+ lawyers.

Moves by month
3720
Nov 24Oct 25Oct 26

Latest: 30 in Sep 26

Show the numbers
MonthValue
Jan 2536
Feb 2530
Mar 2531
Apr 2528
May 2526
Jun 2537
Aug 2522
Sep 2532
Nov 2520
Jan 2626
Feb 2631
Mar 2624
Apr 2625
May 2627
Jun 2625
Jul 2630
Aug 2621
Sep 2630

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

At 45.0%, the partner share of arrivals sits above the market's 27.7%. On settled 12-month windows partner moves alone showed no clear change: 127 against 123 (+3.3%). 15.9% of movers stepped up a level when they changed firm, against 12.9% for the market.

140 firms hired at least one lateral in Corporate Restructuring in the window. Ten firms account for 24.3% of arrivals, against 12.9% across the market: moderately concentrated. First on the hiring table is Latham & Watkins, with arrivals in the 11-20 band.

Destination cities, share of moves, 12 months

By city, New York comes first (26.6% of arrivals), then London (17.0%). 18.5% of movers also changed city, against 20.5% market-wide.

There were 79 open roles in Corporate Restructuring on law-firm career pages on November 11, 2026.

With volume in Corporate Restructuring 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 partner arrivals, 12 months
RankFirmMoves (band)
1Willkie Farr & Gallagher6-10
2Ropes & Gray3-5
3Dechert3-5
4McDermott Will & Schulte3-5
5Katten Muchin Rosenman3-5
6Dentons3-5
7Connell Foley3-5
8Ashurst Perkins Coie3-5
9Akin, Gump, Strauss, Hauer & Feld3-5
10GrayRobinson3-5
04 Demand

Deals in Corporate Restructuring

Sartori & Partners data count 494 dated deals in Corporate Restructuring in the 12 months to October 2026 and 1,464 over the three years to October 2026.

Restructuring & insolvency work is involved in 87.6% of them and Disputes & investigations in 5.5%.

By client industry, Consumer Goods & Retail comes first with 9.4%.

White & Case ranks first among advising firms over the period, in the 61-100 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)
1White & Case61-100
2Davis Polk & Wardwell61-100
3Latham & Watkins61-100
4Kirkland & Ellis41-60
5Sidley Austin41-60
6Willkie Farr & Gallagher41-60
7Linklaters41-60
8Brown Rudnick41-60
9Weil Gotshal & Manges21-40
10Lowenstein Sandler21-40
05 Promotions

Time to partner in Corporate Restructuring

70 lawyers were promoted to partner in Corporate Restructuring in the 12 months to May 2026, 376 over five years, according to Sartori & Partners data.

The median time from first year of practice to partner is 10.0 years, with the middle half between 9.0 years and 13.0 years, against a market median of 10.0 years. 73.4% made partner within 12 years.

These figures rest on 278 promotions.

Years from first year of practice to partner
06 Explore

Related monitors and reports

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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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