Law Practice
Sep. 7, 2012
Established relationships crucial in emerging Seoul legal market
U.S. law firms are hoping their preexisting relationships with some of Korea's largest companies will buoy them as they set up shop in South Korea, a legal market newly open to foreign lawyers.
Daily Journal Staff Writers
When Sheppard, Mullin, Richter & Hampton LLP applied to the South Korean government to become one of the first U.S. law firms to set up shop there, partner Kenneth J. Carl learned a detailed history of his firm.
The Republic of Korea Ministry of Justice created a meticulous application to screen U.S. firms, with questions ranging from when the firm was founded to the structure of its...
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