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- Jin Seok Lim, Managing Partner: “Bold Decision to Drive Next-Stage Growth While Retaining LIN’s Dynamism”
- Merger Completion Targeted for October: Driving Legal Innovation with an Annual Revenue Goal of 200 Billion KRW
LIN LLC has agreed to combine with D&A LLC on an equal footing and, on April 29, executed a memorandum of understanding (MOU) in connection with the proposed merger.
The two firms have established a Merger Steering Committee, effective immediately, to coordinate key matters, including the name and governance structure of the combined firm, with the goal of completing the merger registration in October.
Upon completion, the combined firm will have a total of 519 legal professionals, including Korea-qualified attorneys, ranking sixth in the country by headcount and eighth by revenue, positioning it as a leading full-service law firm. As of 2025, the firms’ combined revenue is approximately KRW 143.7 billion, with a target of surpassing KRW 200 billion next year through post-merger synergies.
Jin Seok Lim, Managing Partner of LIN, explained the rationale behind the merger, stating, “While LIN has achieved significant growth as a mid-sized law firm, we concluded that increasing our scale is essential to overcome existing limitations and take the next leap forward.”
Regarding the selection of D&A as its merger partner, he added, “Although we received proposals from several firms, we were keen to preserve LIN’s distinctive dynamic and proactive DNA. Despite its size, D&A shares that same DNA,” underscoring the strategic alignment between the two firms.
The two firms plan to maximize their competitive edge by combining LIN’s strengths in corporate advisory and IT/technology with D&A’s robust litigation capabilities. The merger represents a strategic decision to achieve economies of scale in response to rapid changes in the legal market, including the growing adoption of AI and other technological advancements.
The official name of the combined firm will be determined at a later stage through committee discussions, with all options—including adopting a new, third-party name—remaining under consideration.
The Law Times
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https://www.lawtimes.co.kr/news/articleView.html?idxno=220136
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