The Korea Herald had an interesting interview with Gregory Nitzkowski the managing partner of Paul Hastings.
Gregory Nitzkowski noted in the article that:
“It is not the dominance in the Korean legal market that we seek, but rather a firmer connection to our global clients, many of whom are Korean-based international companies such as the Samsung or SK Group. A market is usually in favor of the staus quo and changes for the unknown many come as a threat. It is natural for Korean law firms to feel a certain degree of alarm and change themselves accordingly, but the global precedents show that they need not be intimidated by the upcoming challenges.”
I have wrote numerous articles on how the introduction of competition will likely create better services for clients. I assume, for business clients, fees may also be reduced and more transparent billing practices will be implemented by these firms. Here are a few articles that appeared in the Korea Times and on this blog that may be of interest.
- Korean’s Appetite for Inept Attorneys
- Opening Door to Legal Change
- Protect Yourself from Bad Lawyers
- Top 10 Law Firms in Seoul, Korea for English-Speaking Foreigners According to 10 Magazine
- American Bar Association Forum on Franchising 2013: International Franchise Law and Korea
- Why are American Cars not Popular in Korea?: Decrease in Duties from FTA has not Helped Market Share
- Sean Hayes ranked a Top 100 Lawyer for his work in South Korea by Asia Business Law Journal.
- Law School Students Comparative Legal Writing Opportunity: American Society of Comparative Law
- Korean Intellectual Property Protection Strategies in Korea: Trademark Law Korea
- Seoul International Dispute Resolution Center to Open
- Korea Passes Cap-and-Trade Carbon Trading System
- Weekly Korean Legal News from International Law Firm – IPG Legal
- Korea Expands Definition of Discriminatory Treatment for Non-Regular Workers: Employment & Labor Law Update