Intensifying conflicts before proxy season feeding law firms
Posted : 2021-03-09 15:55
By Park Jae-hyuk
Multiple chaebol family feuds and shareholder activism that will heat up the general shareholders meetings of several listed companies here later this month appear to be creating ample opportunities for domestic law firms to make handsome profits.
In addition to Kim & Chang and other large law firms that have scaled up their teams dealing with corporate law and governance structures to cope with the recent Commercial Act revision, boutique law firms are also going all out to take advantage of intensifying conflicts over the control of several conglomerates.