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[2024 Korea’s Best Law Firms & Lawyers] Managing Partner Jin Seok LIM, “LIN Will Be a Symbol of Trust Through Fusion Like a Blast Furnace.”
▲ Managing Partner of LIN, Jin Seok LIM
Managing Partner Jin Seok LIM has been leading LIN for seven years strengthening its foundation and won the Innovation Award. He cites the creation of synergy among members as the firm's competitive advantage and emphasizes its equal environment. LIN has also stood out in competition with large law firms, attracting professionals with diverse backgrounds.
LIM has eliminated authoritarianism through the Three-No’s policy and actively reflects the opinions of members in management meetings. “Each lawyer can proudly practice under their own name and be rewarded generously for their work,” he said, adding that he is “doing his best to ensure all members can realize their lives and tasks as professionals, which is natural but not common.”
To strengthen the specialized team system, LIN has launched new teams such as the Management Dispute Team and the Government Relation Team. The teams work together organically and share knowledge to establish a collaborative system. LIM emphasized that as change accelerates and new legal needs continue to arise, specialized lawyers will continue to be in demand in a segmented market.
“Associate lawyers are assigned to specialized teams at appropriate years, receiving quality training, and growing rapidly as professionals,” LIM said. With these professionals, LIN has successfully handled high-profile cases and garnered attention, all of which LIM attributes to team collaboration and effort.
LIN’s representative achievement was leading the Constitutional Court's decision of unconstitutionality and nonconformity to the constitution regarding the legal reserve of inheritance system, which is considered a legally and socially significant decision. The Constitutional Court recognized that the provisions of the Civil Act that stipulated the legal reserve of inheritance violated the constitutional principle against excessive restrictions, which in turn violated property rights.
LIN also achieved the prosecution’s decision of no charges in a case involving alleged market manipulation by Kakao Entertainment, won a management dispute of Artist United, where actor Jung-jae LEE is the largest shareholder, and won the case invalidating the exclusive contracts of “Girl of the Month” members. LIM emphasized that these achievements were “important steppingstones to showcase LIN's potential.”
LIM said that from next year, he will enhance LIN’s brand value, provide excellent advice, and establish LIN as a symbol of trust and victory.
He predicts that the use of technology will become a key factor of the competitiveness of law firms, explaining that the first wave of change in the law firm industry over the past two to three years has been driven by new market development and strategic approaches. Furthermore, he forecasted that the second wave of change will be driven by efficiency and concentration on high-value-added work using AI technology.
Finally, LIM emphasized, “I hope that lawyers will no longer rely on the authority of the past, but become the protagonists of writing new horizons and history with a challenging mind.”
For the complete coverage, please refer to the original article below.
The Korea Economic Daily Business
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https://v.daum.net/v/20241126070701470
2025.01.14