Orrick Herrington Sutcliffe is planning to get a head-start on South Korea's legal practice reforms by setting up its first Korean office in Japan. The US firm has hired Eugene Chang, a partner from Woo Yun Kang Jeong Han in Seoul, to establish a Korea practice in Orrick's Tokyo joint-venture office.
Chang is a finance specialist with particular expertise in securitization, a core area for Orrick in most markets but one - they haven't had much luck in Korea. Chang will be expected to change that. Korea is Asia's biggest securitization market outside Japan and the firm plans to expand its share in both asset-backed and asset-finance markets. He will also...