Category: Lawyers in South Korea

US law firms face possible roll-back of South Korean legal market access

As the Washington Post reported last week, U.S. President Donald Trump is contemplating withdrawing the United States from the Korea-U.S. Free Trade Agreement (KORUS).  As the Office of the United States Trade Representative (USTR) details on its website, […]

Colombia-Korea Free-Trade Agreement a major opportunity for lawyers

Lawyers in both South Korea and Colombia could be significant beneficiaries of a just-ratified free-trade agreement between the two nations.  As the Korea Herald detailed today: “Over the next 10 years, the two sides will knock down […]

South Korea considers reversing course on legal market liberalization

In 2011 and 2012 respectively, the European Union (EU) and the United States entered into bilateral Free-Trade Agreements (FTA’s) with South Korea.  The aim of those agreements was to increase bilateral trade and investment between Korea, the […]

Change comes slowly to the South Korean legal market

While Korea has been transformed by a liberalized legal market and emerging technologies – change is slow for the country’s legal market — according to Ryan Russell – a corporate finance attorney with Kim & Chang in […]

South Korea’s lucrative legal market opens to foreign firms

As a result of two recent landmark free trade agreements between South Korea and the European Union and the United States, the South Korean legal market will now be open for American and European law firms. South […]

How smaller foreign law firms can benefit from Korean legal market liberalization

AsiaOne News reports in a February 17, 2012 article by Yang Sung-jin entitled Foreign Law Firms Rush into Korea that “Major American and European law firms plan to enter the Korean market in the coming months…sparked by the Korea-U.S. […]