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Nils Grunicke

Nils Grunicke

Counsel
HamburgFrankfurt
About

For several years now, Nils Grunicke is advising companies – particularly in the Financial Services Sector – on employment law issues. A focus of Nils’ work is regulated remuneration, litigation and investigations.

Further areas of focus include drafting of bonus- and commission plans as well as advice on works constitution law.

Areas of FocusEmploymentFinancial Services
Professional QualificationsRechtsanwalt admitted with Hanseatische Rechtsanwaltskammer Hamburg

EXPERIENCE

  • Advice of foreign and domestic banks on legal aspects of remuneration (regulated remuneration; remuneration of works council members).
  • Leading a number of investigations for market-leading international service providers.
  • Advising one of the world's largest commercial real estate consulting companies on the structuring of variable remuneration in sales in Germany.
  • Regularly representing employers, in particular banks, in court proceedings, especially in disputes over compensation claims and dismissals of C-level employees.
  • Advising a number of US private equity companies on the structuring of commission- and bonus plans.
  • Advice on and negotiation of works agreements on the introduction of remuneration systems, mobile working and the introduction of software tools (IT framework agreement).
  • Regular negotiation of Balance of Interests Agreements and Social Plans for clients in the context of rightsizing and restructuring.
Languages
  • German
  • English
Education
  • Higher Regional Court of Hamburg, Second State Examination, 2015
  • Bucerius Law School Hamburg, First State Examination, 2013

Publications

  • BAG: Proportionate bonus entitlement - resignation - framework social plan - AGG, in Betriebs-Berater, July 10, 2023
  • BAG: Post-contractual non-competition clause - calculation of compensation for non-competition - inclusion of third-party benefits - here: restricted stock units (RSUs), in Betriebs-Berater, May 22, 2023
  • BAG: Temporary employment - joint operation, in Betriebs-Berater, February 13, 2023
  • BAG: Extraordinary termination - declaration period - compliance investigation, in Betriebs-Berater, Januaty 23, 2023
  • Agreement is also important in a crisis - Current developments in bonus agreements, in Personalführung, November 9, 2022
  • Responsibility of the general works council for the organization of mobile work in accordance with Section 87 (1) No. 14 BetrVG, in Betriebs-Berater, October 17 2022
  • "First information then payment" - claims for information as the first stage in the judicial determination of bonus claims, in Betriebs-Berater, September 5, 2022
  • Transparency requirements for remuneration systems at banks, in Zeitschrift für Arbeitsrecht im Unternehmen (ZAU), August 1, 2022

Seminars

  • Webinar – Employment law for banks - diversity, equal treatment and the right to take time off, November 7, 2023
  • Webinar – After a long struggle - the Whistleblower Protection Act (HinSchG) is coming, June 28, 2023

Prior Experience

Prior to joining DLA Piper, Nils has worked for an international law firm in Frankfurt/Main, Germany.

My latest insights

Publication

EU Pay Transparency Directive

17 April 2024 .4 minute read

Publication

News on remuneration systems at financial institutions

16 April 2024 .7 minute read

Blogs

Securities Institutions Remuneration Ordinance comes into force

19 February 2024 .3 minute read

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Connect

Phone

+49 40 188 88 155
(Work, Hamburg)
+49 69 271 33 396
(Work, Frankfurt)
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