Peter Fredslund is chiefly occupied with commercial law and building law. In commercial law his practice focuses especially on consultancy centred on small and medium-sized companies, for instance in relation to establishment, shareholder agreements, acquisitions and sales of companies, mergers and demergers, trade marks and domain names, appointments and dismissals, collaboration agreements, reconstruction of distressed companies, and purchases, sales and leasing of real estate.

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In addition, Peter Fredslund's expertise includes the restaurant business, where he is the regular attorney for a number of leading agents, for whom he provides assistance with acquisitions, sales, financing and licensing, In the construction field Peter Fredslund is a consultant on the process of entering into contracts and also liability for faults and defects, including the professional liability of advisers. His clients include owners as well as contractors and technical consultants. Peter Fredslund also conducts court cases and arbitration in a wide range of areas arising from those mentioned above.