With Boris Blunck, Allen & Overy has again lost an aspiring counsel in labor law. The 40-year-old will join the Noerr team in Frankfurt as an Associated Partner from December, primarily advising banks and insurance companies.
Blunck can look back on many years of experience. After four years as a lawyer with Mayer Brown, he joined Allen & Overy’s employment law practice in 2014 and was appointed counsel in 2018. At the side of the Frankfurt practice group leader Dr. Hans-Peter Löw Blunck developed a focus on advising on remuneration issues for financial institutions and their executives. Most recently, he advised listed companies on the development of new board remuneration systems and several major banks on the implementation of the Institute Remuneration Ordinance. He also worked for banks and insurers in connection with cross-border mergers.
In addition to regulatory issues and labor law support for M&A transactions, Blunck will also be involved in compliance projects. In Frankfurt, the Noerr labor law team will in future consist of 5 lawyers, including 3 partners. The team can absorb the fact that Martin Gliewe was the last counsel to leave the practice and move to King & Wood Mallesons. A total of 7 equity partners, 9 non-equity partners, 3 counsel and 14 associates across Germany are driving forward the increasingly complex mandates.
Second counsel departure from Allen & Overy
For Allen & Overy, however, Blunck’s departure means a setback. Although the team with 3 partners, 3 counselors and 18 associates is still broadly based, the generation issue is becoming more urgent. With Löw in Frankfurt and Thomas Ubber in Munich, two senior partners manage important locations. It was only in September that the younger Hamburg partner Markulf Behrendt had to accept the change of a promising counsel to CMS Hasche Sigle. With Blunck, another bearer of hope is now leaving the practice. The then head of the global labor law practice, Tobias Neufeld, had already gone into self-employment in 2018. The specialist for company pension schemes and data protection has meanwhile docked with Arqis. (Annette Kamps)