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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

European social partners in the banking sector adopt joint declaration on the employment...

3 July 2024 .1 minute read

Blogs

Global Remuneration Systems

3 July 2024 .5 minute read

Publication

EU Pay Transparency Directive

17 April 2024 .4 minute read

View All

Connect

Phone

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