IFLR Specialists 2019

IFLR's Specialists Guide 2019 profiles firms and teams with specialisms in areas of law that are rare for the markets in which they operate. Just 50 firms globally were listed. P+P is represented with Benedikt Hohaus and Barbara Koch-Schulte for their top expertise in management participation.

"No other domestic firm is as closely associated with or known for its advice on the structuring of management participation programmes in investments involving financial sponsors... Having advised on one of the first programmes and having already established a presence in private equity industry, the firm steadily built up experience advising on programmes. Now, with around 20 years' experience advising both sponsors and management on deals, the firm has a comprehensive view of how to structure programmes that meet both management and investors' interests."
In addition, the firm's tax practice, which also "advises on company audits after investments by financial sponsors, helps the firm structure realistic programmes as they have a good understanding of what tax authorities deem acceptable." Benedikt Hohaus is the "most visible partner and has a significant reputation in the market", but also Barbara Koch-Schulte is well-known in the market for her advice.