South Korea To Allow Foreign Firms To Open Offices

Law360, New York (March 4, 2009, 12:00 AM EST) -- South Korea's National Assembly passed legislation Monday that could allow American law firms to establish offices in the country, provided the U.S. government reaches a free trade agreement with Korea.

However, the bill to partially open the country's legal market states that foreign lawyers will only be allowed to serve as “legal consultants” in Korea, not attorneys, the Korea Times reported. That means they will not be allowed to represent clients in Korean courtrooms.

The law is the beginning of a gradual process that envisions the...
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