Baker & McKenzie has become the latest international law firm to apply to open in South Korea following the country’s move to liberalise its legal market last year.
The US outfit is among a slew of global players eyeing the Asian sovereign state for opportunities, with Nam Hung Paik, an M&A partner in Bakers’ corporate practice, appointed to lead the new office upon receiving the necessary approvals. Won Lee, the firm’s Korea head, is currently based in Hong Kong.
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