The Seoul office will be the 39th in the law firm's international network, opened to support long-standing project finance clients and to broaden advice given on M&A, private equity and dispute resolution.
Milbank, Tweed, Hadley & McCloy has just opened a Korean office which will focus on international M&A, private equity, project finance and - reflecting the managing partner's specialisms - aviation.
A string of victories by the large law firms has prompted the National Tax Service (NTS) of Korea to reorganise its legal affairs teams and rethink its tactics.
The Indian state of West Bengal is braced to see a fall in tax revenue this year after Tata Steel, Cadbury and other multinationals challenged one of its tax laws.
The Korean Bar Association (KBA) is urging the National Assembly to revoke plans for a new professional entry scheme which would make it harder for people from poor backgrounds to become lawyers.
English and US global law firms may be tripping over each other in a bid to exploit recently liberalised legal markets in East Asia, but the path to commercial success could be littered with human rights potholes, campaigners warned last week.
One of the world's biggest law firms -- Chicago-based Baker & McKenzie -- has become the latest global practice to announce it has applied to open an office in Korea.