Mode partitioning, quantified in terms of a normalised mode partitioning parameter k, was investigated in laser diodes operating under CW and PRBS modulation @ 1.0625 Gbit/s. A comparison was made between VCSELs and Fabry-Perot edge emitters. Individual laser modes, (or in the case of VCSELs, groups of modes), were preselected using an optical spectrum analyser and monitored using a sensitive APD. By monitoring the statistical distribution of the APD signal, the modal fluctuations were recorded and used to calculated k. The value of k was found to be higher, indicating stronger mode partitioning, when the bias current was closer to threshold for CW operation and when the laser was switched rapidly under modulation.