Munich

Munich is home to major banks and insurance companies, private equity and venture capital houses as well as leasing companies, making the city an increasingly significant financial center. In addition, Munich is the first port of call for private trusts and is also the center for intellectual property with institutions such as the German and European Patents Offices and the Federal Patents Court. The city is regarded as having drawn level with Düsseldorf in importance and is only behind Frankfurt as regards priorities for law firms.

Significant developments:

- The zero-interest-rate economy with financial and strategic investors in a buying mood stokes the transaction market, with south German players securing a large slice of the pie.

- The private equity market – a classic domain for many Munich firms – returns to its former strength, while the venture capital market is gradually shifting toward Berlin.

- The up-and coming firm GLNS celebrates its biggest victory, with core client Delivery Hero giving rise to host of deals.

- The wave of office openings continues unabated: new faces include Leinemann & Partner and KNH Rechtsanwälte, as well as Stolzenberg.

- Heisse Kursawe completes its merger with Eversheds in summer 2015 and now operates under the banner Eversheds, proving the city’s allure for international firms.