The occasion
What it is usually about
The occasion is setting up your own firm or being taken into a partnership. Alongside that comes taking over an existing firm. Premises and equipment are a reason in their own right.
Professional law
Professional-law specifics
Only the professions named in the Federal Lawyers' Act may hold a stake in a professional practice company; a pure financial investor is ruled out. Outside funding is possible, outside ownership is not.
The professional-law information reflects the position under the relevant professional statutes. Chambers handle individual questions differently; the information from your own chamber is what counts.
The financing
What follows for the financing
Tangible security is rare. The bank assesses the structure of the client base, the spread of turnover and debt service capacity; guarantee banks and development loans therefore matter more than in other start-ups.
Getting started
The first step
Work out the range in advance. What the calculator returns is an order of magnitude, not a commitment; how it applies to your case is something we discuss at the appointment.
Arrange an appointment
Bring what you have – we assess what the bank will read into it.