Gunnercooke has opened its first office outside the UK. Located in Berlin, the branch will be led by former Luther, DLA Piper and DWF partner lawyer, Wolfgang Richter.
In recent years law firms have been challenging established notions on how legal services are delivered to clients, notably by innovating and responding to change. This is translating into a greater variety of law firms in the legal market. Firms like Gunnercooke, which belong to a new group of non-traditional law firms, often called “challenger” firms.
Gunnercooke Berlin Managing Partner Wolfgang Richter specialises in business and financial law and has expertise in blockchain and cryptocurrencies.
Gunnercooke is a full-service commercial law firm, founded with the express aim of changing the way legal services are delivered to clients and how lawyers balance their lives. The firm’s game-changing way of operating includes:
Digital tools: The firm allows remote work, with lawyers working on the cloud so they can be based anywhere and can manage their time as they desire.
Fees: Billing made on a fixed-fee basis; the firm does not record timesheets so as to avoid any unexpected costs for clients.
Salaries: Remuneration is based on a profit-sharing model which helps make sure lawyers are aligned with the aims and ambitions of their clients.
Expertise: When hiring, new partners are expected to have practice speciality in corporate or commercial law of at least 10,000 hours (the length of time the firm estimates it takes to become an expert) in their career, so that the firm ensures clients are advised by trusted, experienced experts.
Since Gunnercooke’s launch in 2010, it has opened four UK offices and recruited over 270 senior lawyers with a wide range of specialities in corporate and commercial law.
Edited by Ramata Diallo