Lee & Ko Ready to Compete With Foreign Rivals

The Korea Times 7월 23일자


Lee & Ko Ready to Compete With Foreign Rivals


South Korea will begin to open its legal services market in phases from September, with the full-fledged opening scheduled for 2016.

Domestic law firms face fiercer competition from foreign rivals that are superior to domestic players in manpower, experience and international network.

Lawyer Kim Byoung-jai, who represents one of the nation's leading law firms, Lee & Ko, shrugs it off.

``No matter who will come, we are ready to beat them all,'' Kim said in an interview with The Korea Times. ``We have prepared for the expected upheaval for years so that we will face no trouble even if foreign law firms make inroads into the local market in the near future.''

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