Comment: Advice on company succession and trusts is an integral part of the portfolio at this large firm recommended in this field. Starting from Stuttgart, where the firm has maintained close connections to a number of industrial families from southwest Germany for decades, work in other offices also gained ground, though this tends to be more project- and transaction-driven. With its ability to provide interdisciplinary corporate, tax and ?capital markets advice, incorporating the strong dispute resolution practice where necessary, and its good international network in key markets like Switzerland, Austria, Liechtenstein and the US, GL often brings its advantages as a large firm into play.
Development potential: Nowadays, GL can rely on a strong base of long-time family clients, though the central instructions are steered by a small number of experienced partners. Like the tax practice, where younger partners are now seen on the front lines, a deliberate rejuvenation of the advisors in charge of work, beginning with corporate, could broaden activity.
Recommended: Dr. Achim Dannecker, Dr. Alexander Werder (both tax), Dr. Martin Schockenhoff (corporate).
Practice: Advice to shareholders of notable family businesses, family offices and individual family members on succession planning on the interface with ?tax and ?corporate (incl. transactions, restructuring, relocation) and trusts. (10 partners, 1 counsel, 12 associates, 1 of counsel)
Clients: ?? Ongoing, all-round advice to Danzer family and Danzer Group, incl. chair of advisory committee; ongoing advice to Eva Mayr-Stihl Trust, incl. chair of board of trustees; ongoing advice to Würth (family and trusts) on company succession and corporate structure; all-round corporate advice to Kellerhals/Convergenta regarding Media Saturn shareholding.
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