Daeryun Law Firm converts to a limited law firm...'Leaps to become a global law firm'
Daeryun Law Firm reorganizes itself as a limited company. On the 7th, Daeryun Law Firm announced, “We have converted our organization into Daeryun Law Firm (Limited), which is more advantageous than the infinite law firm in growing the organization through rapid decision-making and recruiting external talent.” Unlike existing unlimited liability law firms, the limited liability law firm is responsible for damages incurred during business, up to the amount previously invested by the attorney in charge and the members who directly directed and supervised it. Since the scope of lawyers' joint liability is narrowed, more lawyers can be recruited, making it easier to expand the law firm. In addition, since it is mandatory to accumulate a compensation reserve or subscribe to liability insurance at the corporate level, it is evaluated that it helps protect clients and is advantageous in securing competitiveness through risk management. The requirement for ‘unanimity of member lawyers’ for unlimited liability law firms is also relaxed. When recruiting external experts or changing the Articles of Incorporation, decisions can be made only with the agreement of a majority of the member lawyers, which has the advantage of eliminating procedural hassles and ensuring efficiency and speed. For reference, in order to change or establish an organization as a limited law firm, more than 500 million won in capital is required, and the requirements are known to be somewhat more stringent than the existing unlimited law firm system, such as strengthening the transparency of law firm accounting and having a compensation system for damages to customers. Law Firm (Limited) Daeryun Shim Jae-guk, a representative attorney, said, "Through the conversion to a limited liability company, we have established member and client protection measures and secured organizational efficiency and flexibility. We will strive to become a global law firm based on the expertise we have accumulated so far." He also introduced the newly introduced management strategy, saying, "We plan to further expand investment in education and human resources training as well as work systems to respond to changes in the industrial environment brought about by the coronavirus pandemic." ■ Non-face-to-face work optimization solution brought forward by COVID-19 In order to lead the untact industrial environment, the establishment of a non-face-to-face organizational ecosystem is declared as a strategic task for 2021 and the management system is reorganized. The video conferencing system introduced for collaboration between the headquarters and 11 regional offices is also applied to clients whose face-to-face meetings are restricted due to COVID-19 to provide non-face-to-face consultation. In addition, through the collaboration system, professional and dedicated lawyers residing throughout the country form a case team, exchange opinions in real time, and perform work as legal representatives. Based on accumulated legal data, we provide one-stop legal services such as quick and professional consultation, issue analysis, argument strategy setting, logic verification, and trial. ■ Preparation for introduction of flexible work system As telecommuting becomes common and the boundaries between work spaces are disappearing, 'Work-Life Blending', which leads career development through work-life harmony, is becoming a new work trend, replacing 'Work-Life Balance', which separated work and life. Accordingly, the optional commuting time system is established as a new work trend. We will conduct a pilot operation and provide support to use working hours efficiently. The background to the introduction of the flexible work system is that as the non-face-to-face online work environment spreads and the distinction between work spaces becomes blurred due to the prolonged COVID-19, the meaning of physical time working at the company has disappeared. Focused on increasing work efficiency and productivity by working freely in a variety of environments through the flexible work system. Welfare systems such as maternity leave, childcare leave, reduced working hours, and sabbatical leave can be flexibly utilized as needed. ■Continued efforts to develop talent Based on the management philosophy of ‘treating the best to the best members and cherishing talent,’ we support education, training, and book purchase expenses for member growth, and actively encourage in-house study lectures. A Daeryun official said, “Currently, we have introduced a permanent recruitment system regardless of field to attract excellent talent. The best in the industry. “We are setting starting salaries by setting a reasonable salary guideline, and maintaining the salary increase rate for talented members at the highest level compared to the same industry.” He added, “There is nothing more unfortunate than having talented people not apply to a corporation due to salary issues. Our goal is to hire good talent and work with them for a long time. We are investing not only in lawyers, but also in all areas, including litigation, management, and service research and development. Through these efforts, the number of applicants who empathize with the values pursued by the corporation is increasing. “The pool of candidates from which to select great talent is expanding,” he added. Currently, Daeryun Law Firm (Yuhan) operates law offices in Seoul, Busan, Daegu, Incheon, Gwangju, Daejeon, Ulsan, Suwon, Changwon, Cheongju, Jeonju, Uijeongbu, Chuncheon, Jinju, and Jeju. We protect our clients' rights and interests through professional lawyers in various fields, including civil affairs, criminal affairs, corporate law, global investments, mergers and acquisitions, property crimes, and financial securities. View original article - https://n.news.naver.com/article/119/0002453510