Luxembourg is regarded as one of the most important financial centres in Europe, attracting international market participants in particular due to its multilingual working culture. This is particularly true for clients from German-speaking countries, as German is also one of Luxembourg's official languages.
Since its creation in 2012, the German Desk of CMS Luxembourg has established and developed good relationships with German-speaking clients and advises, often in co-operation with the other law firms of the CMS network, in particular:
- Investment funds that are established or domiciled in Luxembourg or operate from there;
- Luxembourg clients with business activities in German-speaking countries;
- German-speaking clients with business activities in Luxembourg;
- German-speaking clients in M&A and real estate transactions in Luxembourg;
- Financial institutions from Germany, Austria, Switzerland and Liechtenstein.
Additionally, our German Desk provides German-speaking advice for our clients in Luxembourg and ensures close cooperation with our German-speaking clients as well as with the CMS law firms in Germany, Austria and Switzerland.
The advantages are obvious:
- Clear communication and terminology in international legal relations;
- Possibility of a comparative legal approach for easy communication of material understanding;
- The ability to work on the basis of and draft monolingual documentation;
- The ability to draft multilingual documents;
- The working language is the coordination language and vice versa;
- Avoidance of "double work" due to unnecessary translations.
Externally, this means:
- Reinforcement of the "one-stop-shop" concept from the client's perspective;
- Better advice thanks to well-established teams and contacts;
- CMS also presents itself internationally as a strong brand.
Internally, this means:
- More security, speed and enjoyment in case processing;
- Less effort, greater efficiency and therefore;
- Better profitability.
Luxembourg at a glance
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Our team comprises experienced legal practitioners and promising young professionals across various practice areas, all of whom share a profound connection to the German market. Many have studied in or have ties to Germany, with native German speakers among our ranks. This diversity of expertise allows us to seamlessly collaborate on international, cross-departmental projects. Consequently, we are adept at identifying legal intricacies pertinent to German-Luxembourg transactions, providing a comprehensive overview of the proceedings.
Our expertise includes: Corporate, Merger & Acquisitions, Commercial & Contract Law, Tax, Banking & Finance, Investment Funds, Insurance, Employment & Pensions and Dispute Resolution.
Please don't hesitate to reach out to our team for assistance or guidance.
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