Opening arguments: Legal finance enters South Korea
- International arbitration
South Korea is entering a new era of legal finance. As companies face more complex, high-value cross-border disputes, demand is rising for solutions that manage risk and preserve capital. Recent developments, particularly in international arbitration, signal growing acceptance and position legal finance as a strategic tool for corporates and law firms.
High-value disputes involving Korean companies are becoming more complex, more international and more expensive to pursue. Large Korean corporates in sectors such as construction, shipbuilding, energy, technology and life sciences are frequently engaged in multi…