Korean firm Daeryun to open first overseas office in New York

[原文]

大纶, 这是一家韩国律师事务所 established in 2018, has chosen New York as its first overseas office outside South Korea.

“New York is the centre of the international legal market, where global law firms converge and compete fiercely. In order to demonstrate that the capabilities of Korean law firms are effective on the world stage, we have chosen New York as our strategic first entry point,” Kukil Kim, the managing partner at 大纶, told Asia Business Law Journal on why his firm chose the US city.

Kim said existing Korean law firms tended to prioritise achieving short-term profitability and reducing operating costs, which led them to favour the Southeast Asian region when expanding overseas for the first time. None of the traditional Big Six firms in Korea – Kim & Chang, Lee & Ko, Bae Kim & Lee, Yulchon, Shin & Kim and Yoon & Yang – maintain offices in North America.

“We will primarily focus on providing corporate clients with advisory services on international transactions and overseas expansion and entry,” said Kim. Conversely, the firm will also provide a range of solutions for US and other foreign companies entering the Korean market, including domestic market analysis, entry strategy development, permit procedures, and legal advice on labour and taxation.

Kim added that instead of limiting itself to the existing Korean client base, the firm would target companies and individuals of all nationalities within the US as prospective clients. Accordingly, it 计划聘用当地律师 directly.

The New York office is scheduled to begin operations between June and August with a team 由两到三名律师组成 holding US bar qualifications.

When asked on the opening of additional overseas offices, Kim said: “Market research and partnership discussions concerning major cities in Europe and Asia are currently underway internally including those in the UK, Germany, Singapore and Japan, as well as the Southeast Asian market.”

In 2024, 大纶 recorded revenue of KRW112.7 billion (USD81 million), ranking it among the top 10 law firms in Korea by revenue for the first time.

[韩语]

2018年成立的律师事务所大纶选择纽约作为其韩国以外的第一个海外办事处。

对于选择纽约的原因，大纶的常务律师金国一向《亚洲商法》表示：“纽约是国际法律市场的中心，全球大型律所云集，竞争激烈。我们选择纽约作为第一个战略切入点，是为了证明韩国律所的能力在全球市场上有效。”

金代表律师表示，总体而言，韩国律师事务所在海外拓展时，往往首先考虑确保短期盈利能力和降低运营成本，更倾向于东南亚地区。韩国六家传统律师事务所金昌律师事务所、广藏律师事务所、太平洋律师事务所、律村律师事务所、信金律师事务所、尹杨律师事务所均在北美没有办事处。

金代表律师表示：“首先，我们将把国际交易和为企业客户提供海外扩张/进入建议作为我们的核心业务。”相反，对于美国和其他外国公司进入韩国市场，我们计划提供各种解决方案，包括国内市场分析、制定进入策略、许可程序以及劳工和税务方面的法律建议。

金代表律师还补充说，他不会将自己局限于现有的韩国客户群，而是将美国所有国籍的公司和个人作为潜在客户。因此，我们计划直接聘请当地律师。

纽约办事处计划于 6 月至 8 月期间开始运营，团队由两到三名拥有美国律师执业资格的律师组成。

在回答有关开设更多海外办事处的问题时，金首席执行官表示，“目前，公司内部正在针对英国、德国、新加坡、日本等欧洲和亚洲主要城市以及东南亚市场进行市场研究和合作讨论。”

大纶 2024年销售额达1127亿韩元，首次进入韩国销售额前10名律师事务所。

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韩国公司大纶将在纽约开设首个海外办事处（直接链接）