Corporated law firm

Last updated

A corporated law firm(Hangul : 법무법인; Hanja : 法務法人) is a type of law firm in South Korea. Most South Korean law firms are corporated law firms. [1]

Hangul Native alphabet of the Korean language

The Korean alphabet, known as Hangul, has been used to write the Korean language since its creation in the 15th century by King Sejong the Great. It may also be written as Hangeul following the standard Romanization.

Hanja Korean language characters of Chinese origin

Hanja is the Korean name for Chinese characters. More specifically, it refers to those Chinese characters borrowed from Chinese and incorporated into the Korean language with Korean pronunciation. Hanja-mal or Hanja-eo refers to words that can be written with Hanja, and hanmun refers to Classical Chinese writing, although "Hanja" is sometimes used loosely to encompass these other concepts. Because Hanja never underwent major reform, they are almost entirely identical to traditional Chinese and kyūjitai characters, though the stroke orders for some characters are slightly different. For example, the characters and are written as 敎 and 硏. Only a small number of Hanja characters are modified or unique to Korean. By contrast, many of the Chinese characters currently in use in Japan and Mainland China have been simplified, and contain fewer strokes than the corresponding Hanja characters.

A law firm is a business entity formed by one or more lawyers to engage in the practice of law. The primary service rendered by a law firm is to advise clients about their legal rights and responsibilities, and to represent clients in civil or criminal cases, business transactions, and other matters in which legal advice and other assistance are sought.

Related Research Articles

A chaebol is a large industrial conglomerate that is run and controlled by an owner or family in South Korea. A chaebol often consists of a large number of diversified affiliates, controlled by an owner whose power over the group often exceeds legal authority. The term is often used in a context similar to that of the English word "conglomerate". The term was derived from the Japanese. It was first used in English in 1984. There are several dozen large South Korean family-controlled corporate groups that fall under this definition.

Japan–Korea Treaty of 1910 treaty

The Japan–Korea Treaty of 1910, also known as the Japan–Korea Annexation Treaty, was made by representatives of the Empire of Japan and the Korean Empire on August 22, 1910. In this treaty, Japan formally annexed Korea following the Japan–Korea Treaty of 1905 by which Korea became a protectorate of Japan and Japan–Korea Treaty of 1907 by which Korea was deprived of the administration of internal affairs.

Clifford Chance LLP is a multinational law firm headquartered in London, United Kingdom, and a member of the "Magic Circle". It is one of the ten largest law firms in the world measured both by number of lawyers and revenue. In 2016/17, Clifford Chance had total revenues of £1.54 billion, the highest of any firm in the Magic Circle, and record profits per equity partner of £1.375 million. According to SWFI, Clifford Chance tied for 1st place for calendar year 2015 regarding legal advising for public institutional investor deals.

East Asian age reckoning

East Asian age reckoning originated in China and continues in limited use there and in Japan, but is still common in Korea. People are born at the age of one, i.e. the first year of lifetime using ordinal number, and on Chinese New Year or New Year's Day one year is added to their age. Since age is incremented at the beginning of the lunar or solar year, rather than on the anniversary of a birthday, people may be one or two years older in Asian reckoning than in the international age system.

Akin Gump Strauss Hauer & Feld LLP, headquartered in Washington, D.C., is an American international law firm and the largest lobbying firm in the United States by revenue. With more than 900 attorneys, the firm has offices in Dallas, Washington, D.C., San Antonio, Houston, Irvine, Fort Worth, New York, Moscow, Philadelphia, London, Los Angeles, Longview, San Francisco, Beijing, Hong Kong, Singapore, Abu Dhabi, Dubai, Frankfurt, Geneva and Hartford. Akin Gump is widely considered to be among the most profitable and prestigious firms in the nation and has been consistently ranked as among the top law firms in the United States by The American Lawyer. The firm is known for its influence on Capitol Hill and its representation of high-profile clients. With regard to compensation, Akin Gump is ranked by associates as one of the top 10 highest-paying law firms in the country.

Eugenics has influenced political, public health and social movements in Japan since the late 19th and early 20th century. Originally brought to Japan through the United States, through Mendelian inheritance by way of German influences, and French Lamarkian eugenic written studies of the late 19th and early 20th centuries. Eugenics as a science was hotly debated at the beginning of the 20th, in Jinsei-Der Mensch, the first eugenics journal in the Empire. As the Japanese sought to close ranks with the West, this practice was adopted wholesale, along with colonialism and its justifications.

Chief Justice of the Republic of Korea

The Chief Justice of the Republic of Korea is the Chief Justice of the Supreme Court of Korea. The Chief Justice is considered the head of the judicial branch of the South Korean government.

"Judicial scrivener" is a term used to refer to similar legal professions in Japan and South Korea. Judicial scriveners assist clients in commercial and real estate registration procedures and in the preparation of documents for litigation.

Attorneys at foreign law, or gaiben (外弁) for short, are lawyers from foreign countries licensed to practice law in Japan.

Korea Development Bank

Korea Development Bank is a wholly state-owned policy bank in South Korea. It was founded in 1954 in accordance with The Korea Development Bank Act to finance and manage major industrial projects to expedite industrial development and enhance the national economy. As Korea’s representative development financing bank, No. 1 arranger in Asia-Pacific project finance market and leader of domestic capital market, KDB has fostered the growth and heightened the competitiveness of strategic industries by meeting their changing financial needs. Following public policy, KDB facilitates the management normalization of troubled companies through corporate restructuring and consulting services, and provides capital for strategic regional development projects.

McDermott Will & Emery US-based international law firm

McDermott Will & Emery is an international law firm with a diversified business practice. The firm is one of the largest grossing law firms globally, and its lawyers represent a wide range of commercial, industrial and financial enterprises, both publicly and privately held.

Nishimura & Asahi

Nishimura & Asahi is the biggest of the "Big Four" law firms in Japan, as of January 2018, by number of lawyers.

Taylor Wessing LLP is an international law firm with 33 offices internationally. The Firm has over 300 partners and over 1100 lawyers worldwide. The company was formed as a result of a merger of the British law firm Taylor Joynson Garrett and the German law firm Wessing & Berenberg-Gossler, retaining the first name of each.

Yulchon

Yulchon LLC is a full-service international corporate law firm headquartered in Seoul, Korea that was founded in 1997 by five of Korea's leading attorneys at the time. In 2007 the firm changed its name from Woo Yun Kang Jeong & Han to Yulchon. Yulchon employs more than 360 lawyers, including more than 60 licensed in jurisdictions outside of Korea. The firm is one of the six largest in Korea(6th largest by numbers of lawyer, and 4th largest by revenue) and was selected as the most innovative law firm in South Korea by the Financial Times in 2015 and 2016. In addition, it was recognized as "South Korea Law Firm of the Year" by Chambers & Partners in 2017. The firm offers services in the following practice areas: corporate & finance, tax, anti-trust, real estate and construction, dispute resolution, and intellectual property. In particular, Yulchon is well-known for its strong tax practice.

Oh-Ebashi LPC & Partners is the largest law firm in Osaka, Japan and 8th largest law firm in Japan.

Kim & Chang(金&張) is the largest and most prominent law firm in South Korea with over 1,200 professionals.

Mori Hamada & Matsumoto is one of the "Big Four" law firms in Japan.

Adire Legal Professional Corporation is a Japanese law firm.

City-Yuwa Partners (シティユーワ法律事務所) is a law firm in Tokyo, Japan.

Atsumi & Sakai is a law firm in Tokyo, Japan. The firm has five formal practice groups: finance, corporate, funds, litigation/insolvency, and international practice.

References

  1. ‘법률시장 104년 빗장’ 9월 해제… 국내로펌 “뭉쳐야 산다”