
Ashurst announced today (29 November) the rubber-stamping of a joint venture with South Korean firm HwaHyun, claiming to become the first international firm permitted to practice local law in the jurisdiction.
The association, which was approved by the Korean Ministry of Justice today, brings to fruition a longstanding aim for Ashurst. The firm first signalled its intent to launch in Korea when its legal market opened in 2011, before putting plans on ice in 2016.