About Us

P+P focuses primarily on two areas: transactions (private equity, mergers & acquisitions, venture capial, real estate) and asset management (such as succession, family office, trusts, foundations, real estate). In these fields, P-P advisors have consistenly been ranked at the top of professional listings in national and international surveys. Accordingly, since its inception in 1997, P+P has grown its transactional practice to approx. 90 lawyers (and almost 300 employees in total) in Berlin, Munich and Frankfurt/M.

We pursue three interrelated goals for ourselves and everyone at P+P: expertise, enjoyment and earnings. Our single-minded focus on the most attractive area of legal practice, transactions, should continue to assure that each person at P+P can achieve all three goals:

1. Top training for expertise
   training 'on the job' and in internal and external seminars, of which we teach many;
2. Enjoyment 
   through professional success and advancement, and popular voluntary joint activities like ski and summer weekends;
3. High-end earnings based on performance
   each lawyer at P+P should be at the top of his or her field, which translates into remuneration or profit share competitive with that in any other firm. Monetary performance (maximum return relative to minimum risk) is the subject matter of most of what we do for clients. While money is not the primary aim for ourselves in our work, it is a necessary by-product and a yardstick of our success.

Professional Training and Time Accounts:
Top training for top expertise is our joint investment in you and in P+P. We work hard, but quality has priority over maximizing "billable hours". During the first 3 years, we expect associates to spend as much as 10% of their time on training in internal or external seminars. We encourage you to participate in academic courses such as the LL.M. courses for Tax, M&A, Real Estate and Private Wealth Management at the University of Münster (which we support as co-founders, teachers and financial sponsors), to qualify as tax advisors or specialist solicitors (Fachanwälte) or to participate in legal English classes (at our offices or abroad). You invest time and effort, P+P invests by paying course fees and paying your full salary even while you are away for training.

Career Opportunities for Women at P+P
We at P+P want women to have the same career opportunities as men without having to miss out on having a family. We are proud that we have more female colleagues than almost any other high-end transactional law firm. They are working in our core practice areas and many of them have young children.

We know that a lot can and needs to be done to ensure that women have equal career opportunities. To learn what can be done at P+P to continuously improve the situation, female colleagues from all offices meet at the annual Ladies Day to personally compare notes, discuss issues and find solutions.

P+P's efforts led to a ranking among the TOP20 employers by azur, a renowned publication for legal young professionals. According to azur, P+P is among the TOP20 desired employers. In addition, the firm was awarded the 'azur career and family AWARD 2010' for its remarkable commitment on this subject and received an excellent grading for its extensive training concept as well as its salary and family policy. We consider this award as both an appreciation of our efforts and an incentive for an even further commitment.

Further to the subject, please see here a speech (German) of counsel Eva Nase at the University Münster's lecture series "Female Career Coaching", sharing her experiences as a working mother with young and mostly female students.