Cleary Gottlieb Steen & Hamilton has announced it is to open an office in the South Korean capital, Seoul, in the first half of 2012. The announcement potentially puts the New York firm among the first wave of foreign firms to enter the country’s legal market, which had been closed to them prior to the passage of a free trade agreement.
The new office will be headed by partner Yong Guk Lee and will initially be staffed with counsel Jay Hoon Choi and up to five associates drawn from the firm’s 17-lawyer Korea team in Hong Kong. Lee says the firm plans to move “the bulk” of its Korea practice to Seoul with the next two to four years. “If there’s demand for more lawyers, we’ll go at a higher pace,” he adds.
This content has been archived.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]
