Two years after free trade agreements allowed foreign firms to establish outposts in Korea, competition in the country’s legal market is heating up.
Some 20 U.S. and U.K. firms have planted flags in Seoul since 2012, with two more potentially on the way. Last fall Milbank, Tweed, Hadley & McCloy submitted an application to the Ministry of Justice to open an office in Seoul, which will be helmed by Hong Kong partner and Korea practice head Young Joon Kim. And, according to the U.K. publication Legal Week, Latham & Watkins, which has 20 lawyers in its Korea practice, has also been sizing up the Seoul market.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]