Korea Times Publishes 2nd Article On Liberalization of Country’s Legal Market

This is the 2nd part of a series of interviews conducted by the Korea Times with local law firm partners.

The Korea Times reports

Market Opening to Upgrade Quality of Legal Service

Byun Dong-geul managing partner of? Yoon Yang Kim Shin & Yu

This is the second and last interview with top law firms’ managing partners regarding the ongoing opening of Korea’s legal services market.

Byun Dong-geul, managing partner of the law firm Yoon Yang Kim Shin & Yu, said foreign law firms’ successful entrance into the domestic legal services market will depend on their closeness to Korean lawyers.

“I don’t agree with the growing concern that our legal services market will be overrun by foreign law firms after they get access to the market and Korean lawyers working for an international entity’s branch here will hardly get an opportunity to participate in management affairs. The market liberalization will add more value to Korean lawyers,” Byun said in an interview with The Korea Times at his office in Samseong-dong, southern Seoul.

http://www.koreatimes.co.kr/www/news/nation/2009/10/117_53299.html