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August 2, 2009

Mid-tier firm Rödl & Partner raises combined global fee income by 9%

Mid-tier multi-disciplinary firm Rödl
& Partner has grown global revenue by nearly 9 percent to €209
million ($295 million) and expanded operations in four countries in
the year to 31 December 2008.

The network said growth was driven by the
strong demand for international transaction work, tax and corporate
finance consulting. Consulting services for private equity and
venture capital firms with regard to the acquisition of
shareholdings and companies increased substantially, the firm
added.

Rödl & Partner noted that demand for
restructuring services has gained significant traction in recent
months.

A highlight of the year was establishing new
offices in Birmingham in the UK, Hanoi in Vietnam, Johannesburg in
South Africa and Chicago in the US.

In 20 years, Rödl & Partner has grown from
a Bavarian legal and accounting firm with 3 offices and 120 staff
into a global multi-disciplinary network with more than 3,000
staff.

In Germany, Rödl & Partner is the
sixth-largest firm with fee income of €122 million, according to
International Accounting Bulletin data.

Abroad, the firm specialises in auditing, tax
and legal services for German companies.

“In just the last 10 years we have been able
to double our turnover and number of staff,” founder and managing
partner Bernd Rödl said.

“Manager-owned companies in Germany especially
require auditors and legal advisers who understand the client’s
business and can offer personal consultation.

“In the current difficult market situation our
business model remains robust. Our big competitive advantage is the
ability to offer comprehensive, multidisciplinary consulting
services for globally active companies.”

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