Kim & Chang's South Korea dominance eroding: report

South Korea's largest law firm has lost some of its dominance of the market according to a report by Maeil Business News Korea.

Kim & Chang still leads the big six, but it is the only one to have lost market share over each of the past three years. The firm’s share fell to below 50 per cent for the first time while the others - Bae, Kim & Lee, Lee & Ko, Yulchon, Shin & Kim and Yoon & Yang – have all seen gains and losses. The biggest gains in 2015 were for Bae, Kim & Lee which has the second largest market share, but at 13.6 per cent is a long way off Kim & Chang’s 49.9 per cent. Source: Pulse

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