JUVE German Commercial Law Firms, Edition 2011
JUVE's German Commercial Law Firms is a comprising analysis of Germany as Europe's largest legal market covering 600 law firms.
P+P has achieved a first tier position for company succession and trusts; venture capital, fund formation, and is highly recommended for all its other core practice areas, including private equity, transactions, real estate and tax. The firm's strong point is the combination of legal and tax advice, and the successful completion of each others practice areas, such as fund advice, real estate and advice to high-net-worth-private investors.
P+P has both Andreas Richter and Reinhard Pöllath as leading lawyers in the fields of company succession and trusts, as well as Thomas Töben and Reinhard Pöllath as leading for tax advice and leading lawyer Stefan Lebek in the fields of real estate, whereas Matthias Bruse has been recognized as a leading lawyer for his expertise in private equity transactions.
In total, two thirds of all P+P partners are ranked as leading or highly recommended experts in their respective fields of practice.
Company succession and trust are mentioned as one of P+P´s driving force. The firm offers "leading practice … on wealth and succession planning as well as trusts … [and] has excellent contacts to the largest German family companies". Furthermore, "the firm has stepped up its activities in charity law - the management of large portfolios with strong corporate elements gained in significance". In addition, the company succession practice provides the investment fund team with clients. Leading or recommended lawyers include Berlin partner Andreas Richter, Munich based Reinhard Pöllath and Matthias Bruse and Frankfurt partner Andreas Rodin.
Thanks to Andreas ("highly qualified"), P+P has also an "outstanding reputation" for advice on fund structuring". He is the one who sets "standards in the industry". Another recommended lawyer for investment law is Patricia Volhard. P+P is "able to score points with its expertise in the domain of nonregulated special funds, especially institutional investors, but also high-net-worth clients". P+P widened its broad spectrum in gaining "a good position in restructuring portfolios".
Last, but not least, Andreas Rodin is one among six mentioned P+P partners for tax advice with Berlin partner Thomas Töben and Munich partner Reinhard Pöllath as leading experts. Other recommended lawyers include Michael Best, Richard Engl and Wolfgang Tischbirek. In addition, the firm builds up corporate tax law advice with younger lawyers. Tax counsel Stephan Viskorf is "already being tipped as the firm´s best kept secret".
The firm offers "top-level tax advisory practice for investments and projects of ultra-high-net-worth private individuals and is renowned for its "excellently" position for topics such as "fund structuring and tax advice to funds and their managers", its "all-round advice to German and foreign private equity and real estate funds, management and investors in Germany" and corporate tax law as well as tax litigation."
In M&A, P+P has "outstanding deal lawyers" and benefits from the "outstanding individual reputations of its partners". Individual lawyers continue to be warmly recommended by clients, as is Andrea von Drygalski, Reinhard Pöllath, Philipp von Braunschweig ('specialist expertise, confident manner'), Otto Haberstock ('goal-oriented, quickly brings deals to a conclusion') and Andreas Junius ('very good, internationally experienced').
The "respected" Wolfgang Grobecker ('sensational reaction times, excellent expertise and experience as well as a high level of dedication') "has given P+P a notable practice in the field of stock corporation". His arrival "adds a further dimension to the M&A practice". He stands for "specifically top-level, stand-alone corporate and corporation law advice".
His Munich colleague Matthias Bruse ('always a pleasure negotiating with him') is renowned as a "M&A allrounder with specialist knowledge in tax".
Moreover, Matthias is one of the leading lawyers for his private equity transactional practice. Other recommended lawyers include Andrea von Drygalski, Otto Haberstock ('confident man of action'), Philipp von Braunschweig ('very good and experienced'), Benedikt Hohaus ('for management participations'), Christian Tönies, together with Michael Inhester ('always up-to-date in current issues'). Michael is also "widely praised by clients" for his venture capital expertise; which is the reason that this practice area "continues to grow", despite the market trend over the past year.
P+P is also recommended for its real estate practice focusing on transactions (M&A) as well as finance and project development. Especially recommended lawyers include Berlin partners Carsten Führling, Matthias Durst ('I would always choose him when the opposing side looks like being difficult') and Stefan Lebek ('excellent economic understanding'), who is regarded as one of the leading lawyers in Germany. Specializing in construction with its expertise in finance and marketing the firm sets itself apart from competitors. Additionally, P+P "boosted its real estate practice" with Munich new partner Wolfram Pätzold.