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.

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01 The numbers

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
02 Reading the data

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%.

Fund Finance against Banking & Finance and the market
MeasureHereBanking & FinanceMarket
Partner share of moves35.3%30.8%27.7%
Counsel share of moves10.1%12.7%12.7%
Associate share of moves54.6%55.8%58.5%
Moved up a level12.6%13.1%12.9%
Changed city18.0%20.4%20.5%
Hired by firms of 1,000+ lawyers72.3%63.8%53.6%
Year on yearrose (+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 A dash is a value we do not publish.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.

Fund Finance: lateral moves by year

2026 runs to October.

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.

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.

Destination cities, share of moves, 12 months

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.

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.

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 Austin11-20
2Paul Hastings11-20
3King & Spalding6-10
4Fried, Frank, Harris, Shriver & Jacobson6-10
5Hogan Lovells Cadwalader6-10
6Eversheds Sutherland3-5
7Proskauer Rose3-5
8Haynes and Boone3-5
9Simmons & Simmons3-5
10Maples Group3-5
Firms ranked by partner arrivals, 12 months
RankFirmMoves (band)
1Paul Hastings6-10
2King & Spalding6-10
3Sidley Austin3-5
04 Demand

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.

Advising firms ranked by deals, three years to October 2026
RankFirmDeals (band)
1Davis Polk & Wardwell11-20
2Travers Smith6-10
3Clifford Chance6-10
4Jones Day3-5
5Latham & Watkins3-5
6Hogan Lovells Cadwalader3-5
05 Promotions

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.

Years from first year of practice to partner
06 Explore

Related monitors and reports

Hiring in this market

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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