Dynamic Growth at GvW Graf von Westphalen: Record Year 2017 again far exceeded
46.6 million Euro billings in the financial year 2018 are the highest revenue in the history of the law firm and represent an increase in billings of 10.4 % compared to the previous year. The law firm GvW Graf von Westphalen was able to generate a total of approximately 20 % more billings in the last three years. The profit again significantly increased for the third time in a row. The profit of 21 million Euro was 14.1 % higher than in the previous year. For the first time, the attorneys in the law firm generated billings per attorney of more than 400,000 Euro.
The law firm also had an extremely dynamic development with regard to personnel in the year 2018. Many new employees were able to be hired in the last year at all offices of the firm. This included some law clerks and trainees who had completed their training with us. The firm continued to grow from the own ranks with promotions of three new partners and two associate partners as of the beginning of the year (more). GvW most recently received a nomination in the azur Awards under the new heading for career development.
It is very pleasing that all offices and practice groups played a major role in this positive development based on our mission statement "Leading, Focused, Fair". We were able to expand the offering of services for our clients again in two specialized areas in aviation and telecommunications using our approach of focusing services towards specific industries. The professional magazine "The Lawyer" again recognized these developments with a new nomination
News
Federal Administrative Court: Fehmarn Belt Fixed Link may be built
The Federal Administrative Court has dismissed all six pending appeals against the planning decision on the Fehmarn Belt Fixed Link. Construction of the tunnel may therefore now also begin in Germany. GvW advised the State of Schleswig-Holstein and was represented by a Hamburg team consisting of Dr Ronald Steiling (lead), Corinna Lindau, Dr Dietrich Drömann, Prof. Dr Christian Winterhoff, Dr Andreas Wolowski, Saskia Soravia, Dr Stefanie Ramsauer, Dr Annika Bleier, Felix Kazimierski and Niclas Langhans. (BVerwG 9 A 6.19, 9 A 7.19, 9 A 9.19, 9 A 10.19, 9 A 11.19, 9 A 12.19 and 9 A 13.19).
H4 Hotel Mönchengladbach at BORUSSIA-PARK: the place for that Bundesliga feeling
Football is king at H-Hotel Group’s new H4 Hotel in Mönchengladbach. Its location right next to the stadium and the theme rooms depicting the history of the Borussia Dortmund football club make this new hotel unique and a must for any football enthusiast. Our lawyers had the pleasure of advising H-Hotels Group on the creation of its first football-themed hotel and took the chance to visit this amazing place shortly after its opening.
Transport System Bögl: new local public passenger transport system a big success in China
The Max Bögl group of companies has developed a new local public passenger transport system. The system called “Transport System Bögl” (TSB) uses magnetic levitation, or “maglev” technology and provides a clean and cost-efficient means of transport for better mobility in inner city areas. The technology is becoming increasingly popular also in other countries: Max Bögl’s most recent export order was the sale of its TSB to China. The company’s plans include building a 3.5 km test track in Chengdu and extensive marketing activities to promote the technology in China – all through a sales partnership with a Chinese company.