Comment: Largely under the radar, this respected employment practice further sharpened its profile. In Munich, NRF welcomed experienced lawyers and of counsel, one of whom (from Reed Smith) brought a substantial client base from the fashion sector. An associate from Schultze & Braun brought know-how in insolvency-related advice. With these hires, NRF compensated for recent associate departures. Growth in Frankfurt, however, is less of a focus, mainly because banking-related advice is now provided by a partner in Munich. It is mostly international instructions that keep the team on its toes, but NRF is increasingly seen working for German companies.
Strengths: International Integration, interoffice cooperation.
Development potential: NRF has gained ground in employment. If the team remains steady, the young lawyers will have a good chance of making names for themselves in the market.
Recommended: Dr. Cornelia Marquardt, Dr. Frank Weberndörfer (“we work together very successfully”, client).
Practice: Extensive employment activity, often with an international element. Coordination of international projects from Germany. Collective expertise predominates, e.g. in large restructuring projects and staff cuts. Changes of corporate form into SEs/codetermination. Transaction advice. (3 partners, 3 counsel, 4 associates)
Clients: ?? Litigation for Beiersdorf; Hyperion Insurance on strategic alliance with Euroassekuranz Versicherungsmakler; Sumitomo Electric Bordnetze on SE startup; Veritas on change of pension plan; ongoing advice to AIG Europe.
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