Chambers Europe 2008

P+P is mentioned in six categories, mostly with more than one partner. In fund formation, P+P is clearly seen as "a leader in the market, this firm's private equity practice successfully combines fund structuring with transactional work, performing at the highest level in both areas." P+P is recognised as an "…excellent firm with vast experience in the market and a full grasp of it's requirements" and "…highly reputed for its individual approach and personal advice". According to peers, P+P is "highly regarded among competitors for its excellence in private equity" and "…continues to enjoy an enviable position … Clients agree in giving it [P+P] full marks for the advice it provides in the areas in which it specialises". In real estate practice, "the consensus among interviewees is that this is 'one of the most improved domestic teams in the market'". In the tax area, P+P is "known for its extraordinary expertise in all things related to private equity, …. It adopts an attitude that is perfectly right, neither too aggressive nor too conservative".

This extraordinary standing is generated by the high quality work of P+P partners. Reinhard Pöllath "…remains a respected name in the private equity market" and "…holds a great reputation within the market." Matthias Bruse is considered to be "an extraordinary transactional lawyer with huge amounts of experience" and is "recognised as one of the most prominent lawyers in the country." With Michael Inhester, one of the 'youngblood-partners' gains more and more prestige. He is "lauded by peers as 'a good dealmaker and an excellent all-round lawyer… who is making a name for himself' … [and] praised for his diligent and proactive approach". Matthias Durst is mentioned in the real estate sector as a "…talented and hard-working lawyer, who is also admired by peers for his 'good-natured approach to negotiations.'". In tax practice, Thomas Töben is described as "a fine individual with a hands-on approach to his work, who will work tirelessly until he gets the job done." Michael Best "… is often brought into high-profile transactions as the tax specialist … he is said to be 'one of the promising younger faces' at the firm." According to the market, Andreas Rodin is "the number one fund structure specialist in Germany. Described as 'an outstanding practitioner with profound knowledge and more than 20 years of experience', he divides his time between fund structuring and tax advice… [He] has built an extraordinary reputation over the last 20 years …as one of the leading fund structuring lawyers … He has been characterized … as 'a true professional who is astoundingly energetic and superbly informed, and who can deliver quality end results regardless of the pressures involved."