Two former Nörr Stiefenhofer Lutz partners have set up a finance boutique in Germany in bid to offer a more “personalised” service to clients.
Founding partners Hans-Guenther Nordhues and Rainer Eichholz have established Frankfurt-based Nordhues & Cie, which opened on 1 April, and will specialise in offering advice on international capital markets financing.
The firm will start will five lawyers, but expects to at least double in size over the next two to three years.
Nordhues explained: “Our structure and our philosophy are a direct response to recent market developments. Clients increasingly prefer personalised advice and support to the anonymous atmosphere of a large law firm."
“There is a demand for investment banking advice outside banks, and investors choose their advisors on the basis of financial-market expertise and knowledge.”
Nordhues and Eichholz were previously partners at Germany’s Nörr Stiefenhofer Lutz.