29 Asian Legal Business | December 2024 Brought to you by KANG & Partners KANG & Partners Introduction and Strengths of Kang & Partners: Kang & Partners is a distinguished boutique law firm that has established itself as a leader in real estate law, with over 70% of its cases concentrated in this specialized field. Our firm stands out for its unwavering commitment to protecting the rights and interests of general consumers and nonexperts in the complex realm of real estate law. We have cultivated deep expertise across various aspects of real estate practice, including dispute resolution, litigation, arbitration, and professional consultation. What truly sets us apart is our consumercentric approach to legal services, ensuring that our specialized expertise is accessible and beneficial to our clients. Our team of dedicated attorneys combines extensive experience with innovative legal strategies to deliver optimal outcomes for our clients. Korean Legal Market Status and Outlook: The Korean legal market has undergone significant transformation as it enters the 12th year since the introduction of the law school system. This change has led to more than a doubling in the supply of lawyers, creating an increasingly competitive environment. However, this challenging landscape has highlighted an interesting opportunity: despite Korea’s substantial economic scale, its legal market remains relatively modest in size, suggesting considerable room for growth. Law firms that have maintained their specialized focus and expertise have continued to demonstrate stable growth patterns. This market dynamic presents particularly promising opportunities for firms that have invested in developing and maintaining specific areas of expertise. The Strategic Investments in 2024: The completion of our new Yangjae office building, strategically located near the Seoul Family Court, marks a significant milestone in our firm’s growth trajectory. This expansion, complementing our existing Yeoksam office, has substantially enhanced our operational capabilities. The new facility features stateof-the-art conference rooms, dedicated attorney offices, and expanded staff workspaces, enabling us to provide more private and professional services to our growing client base. The investment in this new infrastructure reflects our commitment to creating an optimal environment for both our clients and our team. The expanded facilities include advanced technology systems, enhanced security measures, and comfortable client meeting spaces, all designed to facilitate more efficient and effective legal services. Customer Service Innovation: In 2024, we revolutionized our approach to client services by establishing “close communication between clients and attorneys” as our core service value. This commitment manifested in several concrete initiatives, including the implementation of an immediate response system with a strict 12-hour response principle. We also introduced a proactive communication protocol where attorneys take the initiative to update clients at key milestones in their cases. These service innovations are continuously monitored and refined through regular quality assessments, ensuring consistent excellence across all client interactions. Our firm has also implemented a comprehensive client feedback system to continuously improve our services and adapt to changing client needs. The success of these innovations is reflected in our high client retention rates and increased referrals from satisfied clients. Additionally, we have invested in digital communication tools and secure client portals to enhance accessibility and transparency in our services, making it easier for clients to stay informed about their cases and communicate with their legal team. evolution of the legal market has also led to increased specialization among firms, with those focusing on specific practice areas seeing particularly strong growth potential. 2024 Key Achievements: In 2024, Kang & Partners achieved remarkable growth, recording a 20% increase in revenue while further cementing our position as a leader in real estate law. Our commitment to innovation led to the introduction of several groundbreaking initiatives, including a comprehensive retainer and success fee guarantee insurance system, along with the implementation of litigation financing guidance. These progressive measures have significantly enhanced our clients’ access to legal services while strengthening consumer protection in real estate matters. Our firm has also expanded its client base significantly, serving both individual consumers and corporate clients with the same level of dedication and expertise. The successful implementation of these initiatives has resulted in increased client satisfaction rates and stronger market recognition. Growth Areas in 2024: A particularly noteworthy achievement in 2024 was our successful procurement of the deposit return service contract with the Korea Housing & Urban Guarantee Corporation (HUG). This significant undertaking resulted in the successful handling of approximately 2,000 cases, demonstrating our firm’s capability to manage large-scale projects efficiently. This accomplishment represents a crucial recognition of our expertise by public institutions, further validating our position as a leading authority in real estate law. The successful execution of these cases has not only strengthened our relationship with public institutions but also enhanced our expertise in handling complex, large-scale real estate matters. Our team’s ability to manage such a high volume of cases while maintaining quality and efficiency has set new standards in the industry. Kang Dongwon Attorney at law, CEO kang@kangnp.com KANG & Partners www.kangnp.com
RkJQdWJsaXNoZXIy MjA0NzE4Mw==