On occasion of its 16th anniversary since its establishment, Legal Times has released the 2023 Law Firms Directory, featuring 53 domestic and international law firms, including Lin, and highlighting their performance in the Korean legal market.
Since its establishment in 2017, the firm has been steadily increasing its revenue, and despite the challenging economic conditions, it expects to generate more than KRW 30 billion in revenue in 2023. With the addition of mid-level lawyers from large law firms, the firm has grown to a total of 179 lawyers, including 117 domestic and foreign lawyers, as well as other professionals and staff. The firm views this year as a year in which it further solidified its position as a full-service law firm, with significant achievements in key areas such as finance, M&A, TMT and information protection, IP, antitrust, entertainment, insolvency, and wealth management.
Since its establishment in 2017, the firm has been steadily increasing its revenue, and despite the challenging economic conditions, it expects to generate more than KRW 30 billion in revenue in 2023. With the addition of mid-level lawyers from large law firms, the firm has grown to a total of 179 lawyers, including 117 domestic and foreign lawyers, as well as other professionals and staff. The firm views this year as a year in which it further solidified its position as a full-service law firm, with significant achievements in key areas such as finance, M&A, TMT and information protection, IP, antitrust, entertainment, insolvency, and wealth management.
Jin Seok LIM Managing Partner
Particularly, in the field of finance, the firm represented Hyundai Motor Securities and won a verdict of KRW 24.5 billion, recovering 50 percent of its losses related to its investment in securitized securities. In the field of M&A, the firm led large-scale deals such as KNW and TIRTIR, ranking among the top 10 in major media league tables. In addition, the firm has increased the efficiency of its organizational management system by introducing LawShot, a legal practice management solution, and establishing an intranet. It has also secured a café-style open space with computers to encourage internal communication, resulting in cost savings due to the popularity of the open space.
In February this year, the firm signed an MOU with LKB & Partners, a firm with great strengths in litigation, and is currently promoting integration. Therefore, it is expected to make a further leap towards a large law firm next year.
You can find more information in the original article from Legal Times.
- Source: Legal Times November Issue
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