[Chambers Global] Chambers & Partners Ranks Yulchon as One of the Top Tier Law Firms
2008.02.04.
Chambers Global, a leading publication providing independent rankings of law firms and individual lawyers, recently ranked Yulchon as one of Korea’s top tier law firms for International Trade/WTO. The publication, which is part of the ‘Chambers & Partners Publishing’ group, also selected Yulchon’s Youngjin Jung as leading individuals in the field. Chambers Global emphasized Yulchon’s keen ability to handle customs issues while noting Yulchon’s collaborative relationship with various government departments as one of its greatest strengths. Chambers Global also highlighted Yulchon’s finance department as “growing exponentially due to their creative ideas and dynamic solutions to legal challenges,” citing Yulchon’s advisement of Lotte Shopping on its acquisition of a controlling stake in Woori Homeshopping as an example. Chambers Global rankings and editorial comments about the international legal market are independent and objective. Inclusion in this publication is based solely on extensive research and interviews with domestic and international law firms and individual lawyers. Chambers Asia, which is also part of the ‘Chambers & Partners Publishing’ group, recently ranked Yulchon as one of Korea’s top tier law firms for tax work. The publication, which covers leading law firms and lawyers across the Asian continent, also selected Yulchon managing partner, Chang Rok Woo, as well as Dong Soo Kim and US-qualified Jay Shim as leading individuals in the tax field. Chambers Asia introduced Yulchon as a firm with a prominent reputation for all aspects of tax law. The publication explains that shortly after the firm’s founding in 1997, Yulchon successfully represented the Hyundai Group in a case involving transfer of stock prior to the listing of the stock, which cleared over KRW 100 billion in taxes for their client. This landmark case followed by equally nosuccesses in a number of precedent-setting tax litigation suits has naturally allowed Yulchon to carve a reputation for itself as one of the strongest tax law practices in Korea.
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