JUVE Handbook 2008: German Commercial Law Firms 2008

In general, P+P is seen as a specialist in private equity, M&A and tax, but is also strong in real estate. Some lawyers have an excellent market reputation in multiple practice areas, e.g. Matthias Bruse and Andrea von Drygalski are "…enjoying a place at the top of the German market" for their M&A and private equity practice, but the younger generation is also very promising, "…generating a steady flow of midsized transactions, with which barely any other firm can keep up." In real estate, the Berlin office has a very good reputation: Stefan Lebek (a "driving force"), Carsten Führling and Dr. Matthias Durst are praised for their real estate practice. In private equity and venture capital, P+P has an "…outstanding reputation for advice to management, fund structuring …few competitors enjoy such a good standing and market presence in this field... Andreas Rodin for fund structuring (is) not only a specialist himself, he has also developed an outstanding team." In company succession and trusts, Reinhard Pöllath and Andreas Richter are mentioned as leading names for advice to high-net-worth individuals. As such, Reinhard Pöllath is also mentioned as one of 10 leading senior partners in M&A and tax. P+P "boasts outstanding transaction lawyers as well as excellent tax specialists". In M&A, Matthias Bruse, Andrea von Drygalski, Andres Schollmeier, Philipp von Braunschweig, Otto Haberstock are also recommended. Furthermore, all of these lawyers, including Benedikt Hohaus for management advice and Frank Thiäner, are highly recommended for PE and VC. "In terms of the deal flow in the midcap field, P+P can lay claim to the top spot in the market." In tax, Richard Engl and Reinhard Pöllath are mentioned as leading senior partners, Thomas Töben is named a leading partner (age 41-50). By offering transactional as well as ongoing tax advice to funds and their management (tax investigations, compliance), P+P represents an "absolute niche field".