JUVE German Commercial Law Firms, 2010

JUVE's German Commercial Law Firms is a comprising analysis of Germany as Europe's largest legal market covering 600 law firms. With 19 'leading' or 'recommended' lawyers (of a total of 29 partners), P+P is among the top firms in all its core practice areas, which include private equity, venture capital, fund formation, transactions, company succession and trusts, real estate and tax. In detail, P+P is mentioned as follows:
The national review confirms P+P as a "first mover firm, as far as financial investors are concerned". Andreas Junius is "giving the Frankfurt office valuable corporate expertise as well as a specialty in Islamic Finance" and the Munich office gained a "well-regarded corporate advisory lawyer" by hiring Wolfgang Grobecker while Munich partner Reinhard Pöllath "has evolved into a legal pater familias for German industry".
He belongs to the leading lawyers for his tax practice and is also leading in the fields of company succession and trusts, along with Andreas Richter who is according to clients "also very qualified in charity law".
"The leading practices' advice … combines P+P's specialist know-how in alternative investments, such as private equity, venture capital and tax, ... paired with the excellent reputation for advice to influential families on operational issues" and leads to the assumption that "top firms such as P+P continue to shape the market".
P+P belongs to the first tier firms in the fields of private equity fund formation as well as venture capital. Munich partner Matthias Bruse is one of the leading lawyers for his private equity transactional practice ('outstanding, very competent'). Other recommended lawyers include Andrea von Drygalski, Otto Haberstock ('perfect, always reliable'), Philipp von Braunschweig, Benedikt Hohaus, Michael Inhester, together with associate Christian Tönies ('pragmatic, economical and quick') who is furthermore described as "another strong young lawyer … who was recommended a number of times." P+P has an "outstanding reputation for advice to management and fund structuring" thanks to Andreas Rodin ('nobody does fund structuring better'). The firm's practice strengths lie in its broad spectrum of fund structuring, buy-outs, VC and advice to small shareholders and management as well as in its very good connections to leading funds, especially in the mid-cap segment.
In M&A, P+P has "outstanding deal lawyers with good contacts, especially to family businesses. … As ever, P+P individual lawyers are warmly recommended by clients", as is Matthias Bruse ('high level of quality, fits in well with us'), Andrea von Drygalski, Reinhard Pöllath, Philipp von Braunschweig ('specialist expertise, confident manner'), Otto Haberstock ('very prudent, fair and good').
P+P is also recommended for its real estate practice focusing on transactions as well as finance and project development. Especially recommended lawyers include Berlin partners Carsten Führling, Matthias Durst and Stefan Lebek, who is mentioned as one of the leading lawyers in this field.
In tax, P+P contributes with seven recommended partners, three of them named as leading tax authorities. The latter include Berlin partner Thomas Töben ('quick thinker') and Munich partners Reinhard Pöllath and Richard Engl. Frankfurt partners Wolfgang Tischbirek, Andreas Rodin ('a real expert for fund structuring') as well as Munich partner Michael Best are also recommended for their tax competence. In particular, the firm is renowned for its "top-level tax advisory practice for investments and projects of ultra-high-net-worth private individual" and its "all-round advice to German and foreign private equity and real estate funds, management and investors in Germany".