SEOUL, March 15 (Korea Bizwire) — Some law firms in South Korea are flourishing under the slogan of “sentence-reducing package for sexual crimes” and provide an apology letter writing service for sexual criminals. Such services, however, turned out to have no effect in court. The Supreme Prosecutors Office analyzed 91 major sexual crime cases reported [...]
SEOUL, Dec. 1 (Korea Bizwire) – The Ministry of Justice announced that it has approved a joint venture deal between domestic law firm HwaHyun and British counterpart Ashurst LLP. Since the nation’s legal services market was opened under terms of the free trade agreement (FTA), this is the first time that the establishment of a [...]
SEOUL, Apr. 26 (Korea Bizwire) — With the number of Korean corporations entering the Vietnamese market on the rise, competition among Korean law firms eyeing the local legal market has become intense. One such law firm, Sejong, formally opened an office in the capital city of Hanoi on Tuesday. This comes approximately one year after [...]
SEOUL, March 16 (Korea Bizwire) – Calls for reforms to the Foreign Legal Consultant Act are growing as current legislation is being criticized as ‘too restrictive’ for international law firms to venture into the legal services market in South Korea. No American law firms have applied for a joint venture partnership with a South Korean [...]