- Chicago-based McDermott Will & Emery is closing its Seoul branch, amidst plans by the South Korean government to cancel the firm’s license to operate a foreign legal consultant office in the city, according to reports that say McDermott is the second global firm to withdraw from the market in recent months. Simpson Thacher & Bartlett re-located its Korea practice to Hong Kong last November. (The Asian Lawyer via Law.com)
- A Korean press report cites unnamed lawyers in McDermott’s office who said the firm decided to close the Seoul office due to disappointing sales. McDermott and Simpson Thacher were ...
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