Corporate & M&A · speciality monitor
Venture Capital & Startups: lateral monitor
Lawyers whose work centers on Venture Capital & Startups and who changed firm over the last 12 months, set against the Corporate & M&A practice and the market.
The last 12 months: November 2025 to October 2026
- 313
- Lateral moves, 12 monthsNovember 2025 to October 2026
- -0.6%
- Year on yearSettled 12-month windows
- 31.9%
- Partner share of moves
- 140
- Firms that hired
What the data show
Sartori & Partners data show 313 lateral moves in Venture Capital & Startups from November 2025 to October 2026. On settled windows the count went from 331 to 329 (-0.6%), which we read as flat. That trails the wider market, which moved +9.0%.
| Measure | Here | Corporate & M&A | Market |
|---|---|---|---|
| Partner share of moves | 31.9% | 29.9% | 27.7% |
| Counsel share of moves | 10.2% | 11.3% | 12.7% |
| Associate share of moves | 57.8% | 57.7% | 58.5% |
| Moved up a level | 10.2% | 12.4% | 12.9% |
| Changed city | 17.4% | 21.2% | 20.5% |
| Hired by firms of 1,000+ lawyers | 51.1% | 62.6% | 53.6% |
| Year on year | flat (-0.6%) | rose (+15.8%) | 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 A dash is a value we do not publish.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 Corporate & M&A practice as a whole, the share hired by firms of 1,000+ lawyers stands out most: 51.1% here against 62.6%, below it. Year on year it held flat while the Corporate & M&A practice as a whole rose.
Over the three years to October 2026, 891 lawyers moved in Venture Capital & Startups, 333 of them partners (37.4%). They joined 257 different firms. 10.9% stepped up a level on the move and 19.5% changed city, against 12.3% and 21.6% across the market over the same three years. 60.3% came from firms with 1,000+ lawyers.
Latest: 34 in Sep 26
Show the numbers
| Month | Value |
|---|---|
| Jan 25 | 43 |
| Feb 25 | 35 |
| Mar 25 | 27 |
| Apr 25 | 36 |
| May 25 | 22 |
| Jun 25 | 25 |
| Jul 25 | 32 |
| Aug 25 | 22 |
| Sep 25 | 40 |
| Oct 25 | 29 |
| Nov 25 | 21 |
| Jan 26 | 35 |
| Feb 26 | 31 |
| Mar 26 | 30 |
| Apr 26 | 26 |
| May 26 | 25 |
| Jun 26 | 33 |
| Jul 26 | 27 |
| Aug 26 | 20 |
| Sep 26 | 34 |
The newest months read low: start dates are confirmed with a delay.
Partners account for 31.9% of movers, near the market's 27.7%. Year on year, on windows that end a month early, partner moves alone eased 29.6% (142 to 100). A step up in title came with 10.2% of moves (market 12.9%).
- Partner31.9%
- Counsel10.2%
- Associate57.8%
Lateral hires in Venture Capital & Startups were spread across 140 firms. The ten firms at the head of the hiring table took 36.9% of arrivals (12.9% market-wide), so hiring here is concentrated. First on the hiring table is Cooley, with arrivals in the 21-40 band.
New York ranks first among destination cities with 17.3% of arrivals, followed by San Francisco (12.5%). A change of city came with 17.4% of moves (market 20.5%).
- 1,000+ lawyers60.3%
- 400-999 lawyers20.5%
- 150-399 lawyers10.1%
- under 150 lawyers9.1%
There were 301 open roles in Venture Capital & Startups on law-firm career pages on November 11, 2026.
For a firm planning a hire in Venture Capital & Startups, 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 | Cooley | 21-40 |
| 2 | Gunderson Dettmer Stough Villeneuve Franklin & Hachigian | 11-20 |
| 3 | DLA Piper | 11-20 |
| 4 | Wilson Sonsini Goodrich & Rosati | 11-20 |
| 5 | Latham & Watkins | 6-10 |
| 6 | Pillsbury Winthrop Shaw Pittman | 6-10 |
| 7 | Morrison & Foerster | 6-10 |
| 8 | Wiggin & Dana | 3-5 |
| 9 | Sidley Austin | 3-5 |
| 10 | Polsinelli | 3-5 |
| Rank | Firm | Moves (band) |
|---|---|---|
| 1 | Cooley | 6-10 |
| 2 | Holland & Knight | 6-10 |
| 3 | Morrison & Foerster | 6-10 |
| 4 | DLA Piper | 6-10 |
| 5 | Sidley Austin | 6-10 |
| 6 | Orrick, Herrington & Sutcliffe | 6-10 |
| 7 | Polsinelli | 6-10 |
| 8 | Mintz, Levin, Cohn, Ferris, Glovsky and Popeo | 3-5 |
| 9 | Taft Stettinius & Hollister | 3-5 |
| 10 | K & L Gates | 3-5 |
Deals in Venture Capital & Startups
Sartori & Partners data count 574 dated deals in Venture Capital & Startups in the 12 months to October 2026 and 1,522 over the three years to October 2026.
Venture & growth work is involved in 87.4% of them and M&A in 4.1%.
By client industry, Technology & Software comes first with 44.2%.
Fenwick & West ranks first among advising firms over the period, in the 151-250 band.
| Rank | Firm | Deals (band) |
|---|---|---|
| 1 | Fenwick & West | 151-250 |
| 2 | Wilson Sonsini Goodrich & Rosati | 151-250 |
| 3 | Latham & Watkins | 151-250 |
| 4 | Cooley | 101-150 |
| 5 | Gunderson Dettmer Stough Villeneuve Franklin & Hachigian | 61-100 |
| 6 | Osborne Clarke | 41-60 |
| 7 | Goodwin Procter | 41-60 |
| 8 | Orrick, Herrington & Sutcliffe | 21-40 |
| 9 | Foley & Lardner | 21-40 |
| 10 | Bird & Bird | 21-40 |
Time to partner in Venture Capital & Startups
92 lawyers were promoted to partner in Venture Capital & Startups in the 12 months to May 2026, 440 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 8.0 years and 11.0 years, against a market median of 10.0 years. 86.5% made partner within 12 years.
These figures rest on 334 promotions.
Related monitors and reports
Other specialities in Corporate & M&A
Hiring in this market
Reports
- Venture capital lawyer hiring: San Francisco and Boston
Venture capital hiring runs through San Francisco and Boston, two cities that sit near the market average in the rest of corporate work. And only 10.2% of venture capital laterals moved to a higher title, against 12.9% across the market.
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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