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60EMPLOYER OF CHOICEASIAN LEGAL BUSINESSJUNE 2012sonalities to share their insights. Recently,even the firm’s clients haveparticipated inteaching at the Yulchon Academy. “The legalprofession is really one of informationand knowledge. It does not cost much toshare knowledge, but the productivity is verysignificant,” says Yun. “The best way to makeour professional services more productive isto share knowledge, and encourage our professionalsto be motivated to continue studyingand developing their skill sets, knowledgeand experience.” Fourth, and what Yunsays may be its greatest strength, is thatits founding partners are still very active inpractice, and that they provide very strongand clear leadership. “One of the reasons Ihave heard from lawyers who join us fromother firms is that they did not see any visionfor future growth or strategy at their former“The best way to make our professional servicesmore productive is to share knowledge andencourage our professionals to be motivatedto continue studying and developing their skillsets, knowledge and experience.”sai ree yun, Yulchonemployer, whereas we provide them with aclearer vision and strategy,” says Yun. Onecomment from a respondent confirms this:“Yulchon is very open to newcomers fromother law firms, unlike other firms. The seniorlawyers are strong role models.” Anotherrespondent in the survey says: “I respect thesenior lawyers in Yulchon.”In the past 12 months, the firm has beenexpanding – it hired 50 new lawyers, 20 ofthem whom were lateral hires. “We had quitea significant contingent of new lawyers joiningus from other law firms in Korea, both atthe partner and associate level. I believe thisspeaks for our reputation in terms of workingenvironment,” says Yun. Compensationand promotion are almost exclusively basedon merit, which makes the partnership trackfor younger lawyers very clear. Another bonusfor associates are its secondment programmes.After a lawyer completes his orher LLM abroad (fully funded by the firm - amarket standard for Korean law firms), theycan be dispatched to international firmsoverseas for a year or two.“We place a high priority on team spiritand working as a team,” says Yun. “We tryto make the environment and working relationshipsless competitive.” A survey respondentconcurs with the firm’s efforts toencourage cohesion and balance when hesays: “Yulchon tries to distribute the workloadin a more balanced way by the help ofEmployer of Choice2012SINGAPORE | CHINA | MALAYSIA* | LAO PDR | VIETNAM | THAILAND | INDONESIA * | CAMBODIA ** associate firmwww.rajahtann.com/recruitment