Paul Hastings Korea Office Chair Receives Preliminary Approval as Foreign Legal Consultant

May 23, 2012

Hong Kong (May 23, 2012) - Paul Hastings, a leading global law firm, announced today that partner Jong Han Kim has received preliminary approval as a Foreign Legal Consultant from the Republic of Koreas Ministry of Justice, marking a significant step towards the firm's Seoul office opening. The firm plans to have 15-20 attorneys in the Seoul office within the next few years.

With a dedicated Korean team and over 25 years of experience advising both Korean and international clients, Paul Hastings places a significant importance on the development of the practice and will be moving its entire Korea team (including corporate partner Daniel Kim) currently based in Hong Kong - to Seoul later this year. The practice provides legal advice on mergers and acquisitions, litigation, project finance, private equity and international capital markets matters.

"Paul Hastings has a strong reputation in and a deep understanding of how to conduct business in Korea," said Mr. Kim, who will serve as Office Chair of the Seoul office.

"I am thrilled to receive preliminary approval as a Foreign Legal Consultant and would like to thank the Ministry of Justice for its assistance during the application process. Korea is an important market in Asia, home to some of the world's biggest and best companies, and I'm excited to be a part of the opening of the legal market."

Paul Hastings commitment to Asia is a long-standing part of the firm's history. The firm opened offices in Tokyo in 1988, in Beijing and Hong Kong in 2002 and in Shanghai in 2003. Investing in Asia and developing relationships with Asian companies is a central part of the firm's strategy for growth and success.

Paul Hastings is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit

www.paulhastings.com

for more information.