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US Law Firms Turn a Blind Eye to South Korean Legal Services Market, Despite Trade Deals

US Law Firms Turn a Blind Eye to South Korean Legal Services Market, Despite Trade Deals

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 [...]