Anchor Rechtsanwalte is a hybrid between a law firm and a management consultancy. The firm specializes in insolvency law, divided into the two areas of insolvency administration and insolvency consulting. For insolvency administration, the core area of expertise includes insolvency administration, insolvency monitoring and debtor-in-possession management. Anchor's law practice includes general contract law, commercial and corporate acquisitions, employment law, medical, industrial and competition law, transport, banking and insurance law. The firm was founded in 2007 and is based out of Augsburg, Germany.