Banking & Finance · speciality monitor
Fund Finance: lateral monitor
Lawyers whose work centers on Fund Finance 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
- 119
- Lateral moves, 12 monthsNovember 2025 to October 2026
- +34.1%
- Year on yearSettled 12-month windows
- 35.3%
- Partner share of moves
- 48
- Firms that hired
What the data show
From November 2025 to October 2026, Sartori & Partners recorded 119 lateral moves in Fund Finance. Measured on settled 12-month windows, 122 moves against 91 the year before, the count rose 34.1%. That runs ahead of the wider market, which moved +9.0%.
| Measure | Here | Banking & Finance | Market |
|---|---|---|---|
| Partner share of moves | 35.3% | 30.8% | 27.7% |
| Counsel share of moves | 10.1% | 12.7% | 12.7% |
| Associate share of moves | 54.6% | 55.8% | 58.5% |
| Moved up a level | 12.6% | 13.1% | 12.9% |
| Changed city | 18.0% | 20.4% | 20.5% |
| Hired by firms of 1,000+ lawyers | 72.3% | 63.8% | 53.6% |
| Year on year | rose (+34.1%) | 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 A dash is a value we do not publish.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.
Set against the Banking & Finance practice as a whole, the share hired by firms of 1,000+ lawyers stands out most: 72.3% here against 63.8%, above it. Year on year it moved with the Banking & Finance practice as a whole: both rose.
Over the three years to October 2026, 300 lawyers moved in Fund Finance, 103 of them partners (34.3%). They joined 98 different firms. 11.7% stepped up a level on the move and 19.6% changed city, against 12.3% and 21.6% across the market over the same three years. 68.0% came from firms with 1,000+ lawyers.
- Partner35.3%
- Counsel10.1%
- Associate54.6%
Partners make up 35.3% of arrivals, against 27.7% across the market: a partner-heavy flow. On settled windows partner moves alone went from 34 to 41 (+20.6%), a change inside the noise of the two counts, so we read it as flat. 12.6% of movers stepped up a level when they changed firm, against 12.9% for the market.
Lateral hires in Fund Finance were spread across 48 firms. Ten firms account for 56.3% of arrivals, against 12.9% across the market: concentrated. First on the hiring table is Sidley Austin, with arrivals in the 11-20 band.
- 1,000+ lawyers68.0%
- 400-999 lawyers22.9%
- 150-399 lawyers4.6%
- under 150 lawyers4.6%
New York ranks first among destination cities with 31.1% of arrivals, followed by London (26.1%). 18.0% of movers also changed city, against 20.5% market-wide.
There were 110 open roles in Fund Finance on law-firm career pages on November 11, 2026.
For a firm hiring in Fund Finance, the pool is moving and partners are part of it: expect competing offers and budget time for a contested process.
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 | 11-20 |
| 2 | Paul Hastings | 11-20 |
| 3 | King & Spalding | 6-10 |
| 4 | Fried, Frank, Harris, Shriver & Jacobson | 6-10 |
| 5 | Hogan Lovells Cadwalader | 6-10 |
| 6 | Eversheds Sutherland | 3-5 |
| 7 | Proskauer Rose | 3-5 |
| 8 | Haynes and Boone | 3-5 |
| 9 | Simmons & Simmons | 3-5 |
| 10 | Maples Group | 3-5 |
| Rank | Firm | Moves (band) |
|---|---|---|
| 1 | Paul Hastings | 6-10 |
| 2 | King & Spalding | 6-10 |
| 3 | Sidley Austin | 3-5 |
Deals in Fund Finance
Sartori & Partners data count 51 over the three years to October 2026.
Banking & lending work is involved in 56.9% of them.
Davis Polk & Wardwell ranks first among advising firms over the period, in the 11-20 band.
| Rank | Firm | Deals (band) |
|---|---|---|
| 1 | Davis Polk & Wardwell | 11-20 |
| 2 | Travers Smith | 6-10 |
| 3 | Clifford Chance | 6-10 |
| 4 | Jones Day | 3-5 |
| 5 | Latham & Watkins | 3-5 |
| 6 | Hogan Lovells Cadwalader | 3-5 |
Time to partner in Fund Finance
28 lawyers were promoted to partner in Fund Finance in the 12 months to May 2026, 99 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. 70.3% made partner within 12 years.
These figures rest on 74 promotions.
Related monitors and reports
Other specialities in Banking & Finance
Hiring in this market
Reports
- Fund Finance Lawyers: The Top 10 Hirers Hold Most of the Market
Fund finance hiring is held by a short list: the top 10 hirers took 56.3% of lateral moves and 69.0% of partner moves, against 19.9% and 25.1% in banking and finance. Over three years the figure was 41.0%.
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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