Berlin may be the nation’s capital but it is far from being an economic hotspot and the local legal community learned long ago that it has to be creative – or travel a lot – in order to survive. Although the venture capital scene in Berlin has become one of the liveliest in Germany, a firm with an office in Berlin does not necessarily focus on this kind of work. For many, an office here serves as an attractive base, with firms either pursuing national and international work or very specific specializations, such as regulatory work. This area thrives on the proximity to federal government institutions.
- Greenberg Traurig opens an office in Germany with Olswang’s former Berlin team.
- Local heavyweight Dentons lands Orrick Herrington & Sutcliffe’s public procurement team after the latter decides to close its office.
- The IPO of Zalando lends momentum to the startup scene, with Berlin now competing with cities such as London and Tel Aviv.