South Korea



asialaw Analysis

Aviation and shipping
Jipyong

Jipyong is a well-rounded firm that offers representation across all key practice areas and core industries. The firm’s competition and labour and employment practices are highly regarded by peers and clients. Managing partner and labour specialist Ji Hyung Kim is widely-respected in the market, noted as a ‘pillar of industry’ by peers for his extensive experience in this field. Gee Hong Kim frequently acts as lead partner in competition and antitrust cases, and many of the firm’s top M&A matters last year featured corporate partners Cheol Jeong and Min Shin. The equity capital markets practice has an impressive record as issuer’s counsel on numerous listings, including those for SK Biopharmaceuticals and Kakao Games. The firm is deepening its regional footprint with on-the-ground operations in a number of emerging markets such as Indonesia, Myanmar, Laos, and Vietnam. Kyung Taek Park, a partner specialising in banking and finance, left the firm in 2022.

Client feedback 

“Jipyong understands the entertainment industry very well.” – Media and entertainment

“They provide professional legal knowledge and sharing of know-how.” – Real estate

Moonhee Kim

“As far as I know she has been counselling this industry quite long, which gives her lots of experience and diverse perspectives.”


Work highlights 

Advised a large freight company on the application for a judicial auction sale of cargo aboard a vessel in Korea.

Advised a client on a lawsuit regarding port workers’ employment contracts and wages in South Korea. The case will – for the first time – test the validity and effect of the blanket wage system among dock workers in Korea.

Kim & Chang

As the largest and most dominant full-service law firm in Korea, Kim & Chang needs no introduction. It remains unchallenged across the board, maintaining its ‘Outstanding’ ranking in all practice areas and sectors. It is a first-choice firm for many multinationals, international brands and domestic conglomerates. Its sheer size allows the firm to house multiple top-notch specialists in every niche area of practice and push the boundaries of innovation with landmark and sizeable matters. The competition team welcomed talent from the National Court Administration of Korea, the Korea Fair Trade Commission (KFTC), peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s intellectual property pillar gained 17 additional lawyers from various courts and peer firms, while the dispute team was boosted by four.

Client feedback 

“Clear advice and fine documentation for deal structure.” – Aviation and shipping

“Kim & Chang has a large pool of competitive lawyers covering various areas and is able to provide comprehensive reliable legal advice concerning unconventional transactions.” – Aviation and shipping

“Kim & Chang is able to form a perfect support team for its clients, so even the most complex matters can be walked through with seasoned insights. Kim & Chang has the leading professionals in the country. Not only lawyers but also professionals of various backgrounds having the qualities that are right, needed, and appropriate.” – Competition and antitrust

“They provide specific advice for clients as well as interpretation of the law.” – Competition and antitrust

“They find creative solutions for complex issues, manage various workstreams, understand clients’ needs and stakeholders’ interests surrounding different legal matters.” – Competition and antitrust

“Provided timely advise on the transaction structure, conducted legal due diligence and drafted legal documents including shareholder's agreement, sale and purchase agreements, loan documents, security documents, etc.” – Corporate and M&A

“Kim & Chang has the proper systems in place to address clients’ requests. Based on the experience of completing multiple transactions, expertise in all relevant practice areas, and a high understanding of clients’ needs with a thoughtful attitude, the firm has significantly contributed to the process and provided the valuable legal advice we needed.” – Corporate and M&A

“Kim & Chang has profound experience and knowledge of both Korean and Chinese M&A deals and has ample experience in collaborating with Chinese local law firms. Lawyers of the firm are reachable and remain hands-on when working with clients.” – Corporate and M&A

Professional excellence and timely communication.” – Corporate and M&A

“Undisputed number one corporate finance legal advisor in Korea. The absolute quality that Kim & Chang brings to the table is way ahead of what anyone can offer on the street.” – Corporate and M&A

“They do well in communications with clients and litigation strategies. They provide clear deliverables.” – Dispute resolution

“Innovative skill set to win the case.” – Dispute resolution

“Precise and quick report, persuasive brief, successful result, reasonable costs.” – Intellectual property

“Kim & Chang’s greatest strength definitely would be that they have the best expertise. Kim & Chang has a system that not only brings together the top experts in each practice area but also allows them to fully demonstrate their abilities, which distinguishes the firm from others.” – Insurance

“Kim & Chang’s insurance team has top-notch professionals who provide a comprehensive solution to the issues. Most attorneys have an in-depth understanding of industry-wide issues and keep track of the latest legislative updates, so whenever I need to get advice on any issue, they are already aware of the issue or quickly follow client-specific concerns in the right context. If we need to engage regulators or lightly tap the regulator stance, Kim & Chang team is also capable of efficiently engaging them through its advisory group consisting of ex-FSS/FSC officials.” – Insurance

“Reliably provide the most up-to-date and accurate advice amid evolving regulations. Practical advice that is user-friendly from the perspective of in-house counsel.” – Labour and employment

“Kim & Chang’s team was very professional and incremental in providing their legal services, which led our union negotiations into a successful practice while minimizing the business risk.” – Labour and employment

“They offer active management of key stakeholders above country level and support the local management to drive effective communication and decision-making process.” – Labour and employment

“Kim & Chang is the best law firm in Korea with many experienced lawyers. As a private equity professional, I am facing many challenging situations in terms of investment and portfolio management. Kim & Chang always has helped us in a very timely manner. I particularly like the way Kim & Chang advises us decisively so that we can make decisions comfortably.” – Private equity

“The firm, with its experience in international deals, advised us of global practices.” – Private equity

“Kim & Chang showed excellence in effectively grasping the core issues and providing the most reliable advice and recommendations under each given circumstance, deriving the most favourable outcome at the KCA.” – Regulatory

“They are very good at dealing with regulatory bodies and they have special know-how on persuading the regulatory bodies.” – Regulatory

“Strong technical knowledge and good relationship with the tax authorities” – Tax

“Communicate timely and clearly.” – Tax

Sangmi Baek

“She has demonstrated expertise in her area of work.”

Yonghoon Cho

“Excellent client relationship management and capability to build trust.”

Dong Shik Choi

“Experience, reliability and integrity.”

MJ Chung

“The only lawyer I completely entrust with legal and regulatory matters related to corporate finance and capital markets in Korea. MJ Chung is an industry-defining, living legend in Korean legal matters.”

Minha Gang

“Detailed analysis and good advice provided.”

Ji Soo Jang

“Easily accessible and provides the extra advice and explanation that in-house counsel might need.”

Don Jeon

“Don has the innovative skill set needed to turn a losing matter into a winning one.”

Jongwon Jeon

“Managing multiple workstreams for complex legal issues.”

Ji Young Jung

“She is very responsive and professional.”

Gihoon Kim

“Gihoon shows excellence in communicating with clients, very effectively grasps the core issues, provides specific suggestions in every project and assignment we have requested from him.”

Hyosang Kim

“Hyosang's depth of knowledge and experience surprises his client. As a relationship partner, he is able to provide advice in any area and we feel extremely comfortable reaching out to him for advice on any matter. He is also good at managing client relationships. We are extremely satisfied with his service, professionalism, knowledge, and insight.”

Teo Kim

“Punctuality and professional knowledge.”

Tae Hyuk Ko

“Provides specific advice for clients as well as interpretation of the law.”

Chunsoo Lee

“He explores the most suitable solutions and provides thorough advice. He provides a clear outline for each case and develops strategies and key arguments based on thorough analysis.”

Dohyung Lee

“Dohyung shows excellence in communicating with clients, very effectively grasps the core issues, provides the most sound and reliable suggestions in any project or assignments we have requested him with.”

Hyo Je Lee

“Attorney Hyo Je Lee is a very rare attorney who is great in every aspect. He is not only bright on law, sagaciously and skillfully handling legal work, but also has a strong sense of responsibility, prepares everything carefully, and has a good relationship.”

Kyungyoon Lee

“Lee has profound experience and knowledge of global M&A deals and has ample experience in collaborating with global law firms. He is reachable and remains hands-on working with clients.”

Sangwoo Lee

“Prompt feedback and good rationale.”

Shin Kwon Lim

“He has prolonged experience in the private equity and M&A area, and is able to give guidance when uncertainty occurs.”

Jina Myung

“Provided proper advice and timely solution on our legal issue. Her advice and solution have worked well and enabled us to make our trades successfully.”

TY Nam

“Very professional and has clear communication skill besides the deep knowledge of the field.”

Hyunjae Park

“Very practical and user-friendly advice. He is very good at seeing himself in the shoes of the client and also makes sure he has a high understanding of the client's organization and situation.”

Min Chul Park

“Min Chul Park is the leading lawyer in the TMT industry. With experience as a previous government official, he has vast knowledge in technology regulations. He has deep knowledge and experience in the media and entertainment industry and is capable of providing creative solutions in the most difficult situations. He is also very responsive and provides advice in the most difficult hours - whether it is near midnight or at the weekends.”

Wanbin Park

He is really proactive and well prepared for our inquiries. I want to recommend him, especially for regulatory issues on licences and permits.”

Hyun Wook Shin

“Shin is highly professional in understanding client's concerns and addressing the exact issue with the right solutions or at least the most viable solutions which are reasonably compromising. This seems to be attributable to his up-to-date knowledge of industry-wide issues and intensive experience dealing with all kinds of issues arising from the insurance business. I would particularly recommend him because he is not only an excellent attorney but extremely easy to talk to with any issue under any circumstances. Very client-friendly and never compromises his quality of work or client's risk management.”

“Client friendly and has deep and long-standing experience as well as knowledge in the insurance sector.”

Sangmyoung Shin

“He has a comprehensive view on how to handle legal matters involving financial transactions and is proficient with coordination within Kim & Chang to come up with an effective solution.”

Jay Young-June Yang

“The best lawyer in the Korean IP field, always responsive and helpful.”

 

Work highlights 

Represented Panasia in high-profile judicial review proceedings against the Korean government in connection with the cancellation of an administrative approval regarding the Ballast Water Treatment System.

Advising and representing 13 Korean container shipping companies affected by changes in the Korean government’s administrative rules and regulations.

Key clients

Hyundai LNG Shipping, Korea LNG Trading, Korea P&I Club, Polaris Shipping, SK Shipping

Yulchon

Yulchon secures its place in the ‘Outstanding’ band for competition, litigation, private equity and tax this year. It climbs up the rankings in the aviation and shipping, and insurance practice areas. Its famed dispute resolution practice has over 250 professionals and keeps apace with an evolving market, creating new disputes practice areas that are novel and innovative. The firm welcomed 14 new joiners over the past two years. Among them, Joon Ho Kwon, the former head of the IPO service team of the Korea Exchange, joined as a partner, and four team members have solid regulatory experience in Korea’s Financial Supervisory Service.

Client feedback 

“Quite professional and efficient. They have rich experience of internal investigations into antitrust cases.” – Competition and antitrust

“Wealth of experience of the designated lawyer. Efficient allocation of limited resources compared to competing law firms in the local market.” – Corporate and M&A

“Timely and detailed advice.” – Corporate and M&A

“Easily accessible partner, high-quality services” – Dispute resolution

“When we entrust a case to Yulchon, a team of lawyers, who are professional in the practice area, is formed for the case, including lawyers who have worked for more than 20 years as judges in the court and professionals who know the issue well. As a client, you can expect the best results. They are passionate, trying to find the best shortcut to winning, and always communicating with us. They also ask us a lot of questions to discover what we are missing or overlooking.” – Dispute resolution

“Yulchon has been able to provide high-quality professional advice on every question and query on this case and came up with the appropriate strategic plan since the start of the appointment. The team comprised all skill sets necessary to defend the case from start to finish and was also able to comprehend the stance of the accused well enough to reflect its best position in the lawsuit. Particularly the lawyer who has field experience in criminal areas from the local police has been a key player to this appointment and, with his one-step-ahead judgement against every correspondence, made it possible to draw the best outcome.” – Dispute resolution

“Their team is responsive, has very high standards and quality. They were our thought partners not only on the technical details but also on the strategy. While we were in the midst of Covid, Christopher Mandel, Wansoo Kim and Larry were supporting us above and beyond their duties. We are forever grateful for their support and care. They also have outstanding communication skills.” – Dispute resolution

“Yulchon wants to find a practical goal that clients cannot express well. Yulchon actively explores what the opponent's strategy will be.” – Dispute resolution

“Yulchon is very logical and reasonable in solving problems and providing customized services to clients.” – Dispute resolution

“Yulchon has expertise in issues related to insurance and perfectly fulfils our requirements.” – Insurance

“Yulchon’s insurance team provides all the insurance-related services that we need ranging from regulatory advice to legislative support on important insurance issues.” – Insurance

“I have been working with them for several years. What astonishes me is that they are extremely enthusiastic about their work. They try to understand each case thoroughly, checking all the details from A to Z. They were using every given method and resource to bring us the best result.” – Insurance

Seamless communication, fast and accurate feedback.” – Intellectual property

“Yulchon is the best firm in this area and is known as the best firm for defending pharmaceutical IP, which is why Boryung chose the firm.” – Intellectual property

“Expertise and enthusiasm.” – Labour and employment

“Active, professional knowledge and rich experience” – Labour and employment

“Professional, deep focus on client's view, solve the problem for client's interests even client doesn't realize it.” – Private equity

“Understands client’s needs well and provides timely advice.” – Private equity

“Yulchon always thinks and gives us professional suggestions from company perspectives.” – Regulatory

Yong Whan Choi

“Yong Whan Choi is really amazing and I believe that he is the number one lawyer related to tax issues. I know that he is really good and positive. He always tries to support his client with the best solutions and results.”

Cecil Saehoon Chung

“Very responsive and has good knowledge of the KFTC.”

“Very experienced in an antitrust investigations, having good knowledge of the automotive industry and good and clear communication skills.”

Dai Won Chung

“He has professional knowledge.”

Seung hyuk Han

“Rapid situation response.”

Woo Young Hur

“Woo Young Hur is an eminent lawyer and expert in the criminal area. He listens, understands the clients’ personal needs and tries to meet their requirements with instant feedback and appropriate advice. He thinks, considers and agonizes himself on clients’ behalf and uses all his best ability to come up with the best outcome out of each scenario.

Shin Hyunhwa

“High understanding of the insurance industry and provides client-friendly advisory services.”

Sang Tae Jeong

“Good communication skills.”

Gun Kim

Good knowledge, management skills and attitude.”

“Strong expertise and diverse experience.”

Jung Woo Lee

“A lot of experience and extensive expertise.”

“Listening skills, responsibilities, communication skills, giving solutions and insights, knowledge of various topics.”

Tea Eun Lee

“Friendly and law-based information is provided quickly.”

Christopher Mandel

“He is responsive, thoughtful and professional. He is extremely responsible and committed as evidenced by the way he supported us in a critical situation while having Covid-19.”

Il Bong Moon

He is known for his wealth of knowledge and experience in financial affairs, above all, in litigation in this area. He has more than 30 years’ experience and know-how as a judge and lawyer, so he is good at providing solutions that are right for the case. If he takes on a case, he actively seeks out facts that are favourable to us, checks possible adverse facts well, and devises necessary strategies accordingly. In Korea, there is no restriction on when to submit claims or evidence, and submissions can be made until the court issues judgment. So, instead of submitting all claims and evidence at the beginning of the case, if necessary, while looking at the other party's claims or evidence, he will submit and attack as necessary. For example, when the opposing party makes a false claim, he simply refutes the part and does not submit evidence, but when the opposing party has difficulty changing his or her opinion, he submits decisive evidence and traps the opposing party.

“He is good at storytelling and coming up with winning strategies, and he is very effective at questioning witnesses.”

Jaehyun Park

“Ability to identify and subsequently address clients' needs.”

Sung Bom Park

Knowledgeable, has rich experience and great at networking.”

Hyun Hwa Shin

“Excellent communication and problem solving skills.”

“She is the head of Yulchon’s insurance team. She is particularly helpful in offering creative solutions to complicated regulatory issues.”

“In-depth expertise in insurance issues.”

Young Su Shin

He knows what teamwork is. He possesses excellent communication skills, and he and his team advise clients as one harmonized group.”

“He is the best insurance practitioner in Korea.”

Doil Son

“Professional and attentive.”

Kim Sung Woo

“He has abundant experience in the private asset management area. He was one of the most popular and experienced judges in this area before joining Yulchon.”

Cho Sang Wook

Close interaction with the client.”

Kyung Ae Yeon

“Her expertise, experience, leadership in meetings, and willingness to resolve clients’ difficulties all point to her being the best counsel in the Korean pharmaceutical industry.”

Yong Pyo Yeom

“He is a very technically and commercially savvy lawyer and understands the client's concerns very well. He is easily accessible and responsive too.”

“Yeom is not only technically excellent but also commercially minded so he understands the intricacies of the client's commercial concerns. Yeom is easily accessible and engages in an approach of collaboration to find the most feasible solutions for the client .”

 


Work highlights 

Advised Dong-A Tanker Corporation on the amendments of ship financing documents.

Acted for K-SURE on amendments to secured credit facilities required in connection with the restructuring of Seadrill.

Advised the Korea Development Bank on the financing for one car ferry and passenger ship for Hydex Storage.

Key clients

Bank of America, K-SURE, Mirae Asset Securities, VI Asset Management Korea, Woori Bank, Korea Ocean Business Corporation

Banking and finance
Jipyong

Jipyong is a well-rounded firm that offers representation across all key practice areas and core industries. The firm’s competition and labour and employment practices are highly regarded by peers and clients. Managing partner and labour specialist Ji Hyung Kim is widely-respected in the market, noted as a ‘pillar of industry’ by peers for his extensive experience in this field. Gee Hong Kim frequently acts as lead partner in competition and antitrust cases, and many of the firm’s top M&A matters last year featured corporate partners Cheol Jeong and Min Shin. The equity capital markets practice has an impressive record as issuer’s counsel on numerous listings, including those for SK Biopharmaceuticals and Kakao Games. The firm is deepening its regional footprint with on-the-ground operations in a number of emerging markets such as Indonesia, Myanmar, Laos, and Vietnam. Kyung Taek Park, a partner specialising in banking and finance, left the firm in 2022.

Client feedback 

“Jipyong understands the entertainment industry very well.” – Media and entertainment

“They provide professional legal knowledge and sharing of know-how.” – Real estate

Moonhee Kim

“As far as I know she has been counselling this industry quite long, which gives her lots of experience and diverse perspectives.”


Work highlights 

Advised SK on the financing and purchase through REITs of the SK Group’s headquarters and 116 SK gas stations nationwide.

Represented DB Financial in the financing of Mega Wise Chungna’s Incheon Wonchang-dong Logistics Center development project.

Advised Korea Development Bank on the acquisition financing given to CF Investment for the latter’s acquisition of Logen, a key Korean transportation and logistic company.

Key clients

Daegu Bank, Hi Investment & Securities, KB Securities, Kookmin Bank, Korea Investment & Securities, Woori Bank

Kim & Chang

As the largest and most dominant full-service law firm in Korea, Kim & Chang needs no introduction. It remains unchallenged across the board, maintaining its ‘Outstanding’ ranking in all practice areas and sectors. It is a first-choice firm for many multinationals, international brands and domestic conglomerates. Its sheer size allows the firm to house multiple top-notch specialists in every niche area of practice and push the boundaries of innovation with landmark and sizeable matters. The competition team welcomed talent from the National Court Administration of Korea, the Korea Fair Trade Commission (KFTC), peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s intellectual property pillar gained 17 additional lawyers from various courts and peer firms, while the dispute team was boosted by four.

Client feedback 

“Clear advice and fine documentation for deal structure.” – Aviation and shipping

“Kim & Chang has a large pool of competitive lawyers covering various areas and is able to provide comprehensive reliable legal advice concerning unconventional transactions.” – Aviation and shipping

“Kim & Chang is able to form a perfect support team for its clients, so even the most complex matters can be walked through with seasoned insights. Kim & Chang has the leading professionals in the country. Not only lawyers but also professionals of various backgrounds having the qualities that are right, needed, and appropriate.” – Competition and antitrust

“They provide specific advice for clients as well as interpretation of the law.” – Competition and antitrust

“They find creative solutions for complex issues, manage various workstreams, understand clients’ needs and stakeholders’ interests surrounding different legal matters.” – Competition and antitrust

“Provided timely advise on the transaction structure, conducted legal due diligence and drafted legal documents including shareholder's agreement, sale and purchase agreements, loan documents, security documents, etc.” – Corporate and M&A

“Kim & Chang has the proper systems in place to address clients’ requests. Based on the experience of completing multiple transactions, expertise in all relevant practice areas, and a high understanding of clients’ needs with a thoughtful attitude, the firm has significantly contributed to the process and provided the valuable legal advice we needed.” – Corporate and M&A

“Kim & Chang has profound experience and knowledge of both Korean and Chinese M&A deals and has ample experience in collaborating with Chinese local law firms. Lawyers of the firm are reachable and remain hands-on when working with clients.” – Corporate and M&A

Professional excellence and timely communication.” – Corporate and M&A

“Undisputed number one corporate finance legal advisor in Korea. The absolute quality that Kim & Chang brings to the table is way ahead of what anyone can offer on the street.” – Corporate and M&A

“They do well in communications with clients and litigation strategies. They provide clear deliverables.” – Dispute resolution

“Innovative skill set to win the case.” – Dispute resolution

“Precise and quick report, persuasive brief, successful result, reasonable costs.” – Intellectual property

“Kim & Chang’s greatest strength definitely would be that they have the best expertise. Kim & Chang has a system that not only brings together the top experts in each practice area but also allows them to fully demonstrate their abilities, which distinguishes the firm from others.” – Insurance

“Kim & Chang’s insurance team has top-notch professionals who provide a comprehensive solution to the issues. Most attorneys have an in-depth understanding of industry-wide issues and keep track of the latest legislative updates, so whenever I need to get advice on any issue, they are already aware of the issue or quickly follow client-specific concerns in the right context. If we need to engage regulators or lightly tap the regulator stance, Kim & Chang team is also capable of efficiently engaging them through its advisory group consisting of ex-FSS/FSC officials.” – Insurance

“Reliably provide the most up-to-date and accurate advice amid evolving regulations. Practical advice that is user-friendly from the perspective of in-house counsel.” – Labour and employment

“Kim & Chang’s team was very professional and incremental in providing their legal services, which led our union negotiations into a successful practice while minimizing the business risk.” – Labour and employment

“They offer active management of key stakeholders above country level and support the local management to drive effective communication and decision-making process.” – Labour and employment

“Kim & Chang is the best law firm in Korea with many experienced lawyers. As a private equity professional, I am facing many challenging situations in terms of investment and portfolio management. Kim & Chang always has helped us in a very timely manner. I particularly like the way Kim & Chang advises us decisively so that we can make decisions comfortably.” – Private equity

“The firm, with its experience in international deals, advised us of global practices.” – Private equity

“Kim & Chang showed excellence in effectively grasping the core issues and providing the most reliable advice and recommendations under each given circumstance, deriving the most favourable outcome at the KCA.” – Regulatory

“They are very good at dealing with regulatory bodies and they have special know-how on persuading the regulatory bodies.” – Regulatory

“Strong technical knowledge and good relationship with the tax authorities” – Tax

“Communicate timely and clearly.” – Tax

Sangmi Baek

“She has demonstrated expertise in her area of work.”

Yonghoon Cho

“Excellent client relationship management and capability to build trust.”

Dong Shik Choi

“Experience, reliability and integrity.”

MJ Chung

“The only lawyer I completely entrust with legal and regulatory matters related to corporate finance and capital markets in Korea. MJ Chung is an industry-defining, living legend in Korean legal matters.”

Minha Gang

“Detailed analysis and good advice provided.”

Ji Soo Jang

“Easily accessible and provides the extra advice and explanation that in-house counsel might need.”

Don Jeon

“Don has the innovative skill set needed to turn a losing matter into a winning one.”

Jongwon Jeon

“Managing multiple workstreams for complex legal issues.”

Ji Young Jung

“She is very responsive and professional.”

Gihoon Kim

“Gihoon shows excellence in communicating with clients, very effectively grasps the core issues, provides specific suggestions in every project and assignment we have requested from him.”

Hyosang Kim

“Hyosang's depth of knowledge and experience surprises his client. As a relationship partner, he is able to provide advice in any area and we feel extremely comfortable reaching out to him for advice on any matter. He is also good at managing client relationships. We are extremely satisfied with his service, professionalism, knowledge, and insight.”

Teo Kim

“Punctuality and professional knowledge.”

Tae Hyuk Ko

“Provides specific advice for clients as well as interpretation of the law.”

Chunsoo Lee

“He explores the most suitable solutions and provides thorough advice. He provides a clear outline for each case and develops strategies and key arguments based on thorough analysis.”

Dohyung Lee

“Dohyung shows excellence in communicating with clients, very effectively grasps the core issues, provides the most sound and reliable suggestions in any project or assignments we have requested him with.”

Hyo Je Lee

“Attorney Hyo Je Lee is a very rare attorney who is great in every aspect. He is not only bright on law, sagaciously and skillfully handling legal work, but also has a strong sense of responsibility, prepares everything carefully, and has a good relationship.”

Kyungyoon Lee

“Lee has profound experience and knowledge of global M&A deals and has ample experience in collaborating with global law firms. He is reachable and remains hands-on working with clients.”

Sangwoo Lee

“Prompt feedback and good rationale.”

Shin Kwon Lim

“He has prolonged experience in the private equity and M&A area, and is able to give guidance when uncertainty occurs.”

Jina Myung

“Provided proper advice and timely solution on our legal issue. Her advice and solution have worked well and enabled us to make our trades successfully.”

TY Nam

“Very professional and has clear communication skill besides the deep knowledge of the field.”

Hyunjae Park

“Very practical and user-friendly advice. He is very good at seeing himself in the shoes of the client and also makes sure he has a high understanding of the client's organization and situation.”

Min Chul Park

“Min Chul Park is the leading lawyer in the TMT industry. With experience as a previous government official, he has vast knowledge in technology regulations. He has deep knowledge and experience in the media and entertainment industry and is capable of providing creative solutions in the most difficult situations. He is also very responsive and provides advice in the most difficult hours - whether it is near midnight or at the weekends.”

Wanbin Park

He is really proactive and well prepared for our inquiries. I want to recommend him, especially for regulatory issues on licences and permits.”

Hyun Wook Shin

“Shin is highly professional in understanding client's concerns and addressing the exact issue with the right solutions or at least the most viable solutions which are reasonably compromising. This seems to be attributable to his up-to-date knowledge of industry-wide issues and intensive experience dealing with all kinds of issues arising from the insurance business. I would particularly recommend him because he is not only an excellent attorney but extremely easy to talk to with any issue under any circumstances. Very client-friendly and never compromises his quality of work or client's risk management.”

“Client friendly and has deep and long-standing experience as well as knowledge in the insurance sector.”

Sangmyoung Shin

“He has a comprehensive view on how to handle legal matters involving financial transactions and is proficient with coordination within Kim & Chang to come up with an effective solution.”

Jay Young-June Yang

“The best lawyer in the Korean IP field, always responsive and helpful.”

 

Work highlights 

Advised Centroid Investment Partners on the financing of $1 billion for the acquisition a 100% interest in TaylorMade Group

Advised Hynix on the financing of $3 billion for the acquisition of the Nand flash business of Intel Corporation.

Advised Jazan Integrated Gasification and Power Company (Saudi Arabia) on an integrated gasification combined cycle (IGCC) senior loan.

Key clients

DL Chemical, STIC Investments, The Export-Import Bank of Korea, The Korea Development Bank, Tongyeong Eco Power

Lee & Ko

An undisputed premier firm, Lee & Ko holds steady in the rankings as a foolproof choice for its impressive roster of offshore and onshore clients. Its renowned finance practice wins plaudits from peers and clients that acknowledge its frequent role in representing lenders. The firm was elevated this year into the Oustanding tiers for labour and employment and real estate. Despite a slowdown in the capital markets, Lee & Ko’s traditional dominance in debt capital markets helped it maintain a steady flow of debt deals. Managing partner Yong Seok Ahn is recognised for his corporate and competition expertise. The firm experienced the usual inflow and outflow of talent. Notable movements in 2021 include two capital markets experts, Jung-Myung Lee, Hyeong Min Yoo joining the firm as partners. Hyun Young Ju, an antitrust and competition specialist left the firm while Jeannie Jeong filled the void to enhance the firm’s strength in this sector. The firm’s dispute resolution team has also been expanding over the past years with nine new partners on board.

Client feedback 

Dedicated legal advice on the lender side.” – Aviation and shipping

“Lee & Ko is very up to date with the regulatory requirements in South Korea and was very constructive in working with our timeline.” – Aviation and shipping

The team is very responsive and knows their stuff. Always efficient and effective at getting things done.” – Aviation and shipping

“Very clear and accurate feedback whenever an issue arises.” – Competition and antitrust

“Detailed analysis of legal principles to elaborate countermeasures. Good communication skills with clients.” – Competition and antitrust

Client-friendly attitude, full of practical advice, 24/7 seamless professional service.” – Corporate and M&A

“I can feel that they are really experts in providing legal advice for M&A deal structure, contract, due diligence and deal closing, especially in both Korea and the US.” – Corporate and M&A

“Lee & Ko accurately grasps the fact, composes legal logic elaborately, and properly asserts this during the trial.” – Dispute resolution

“Knowledgeable, predictable, collaborative.” – Dispute resolution

“Very diligent and hands-on for both US and Korean law, and provides a heads-up on any events.” – Energy

“Fast and clear responses. Extremely professional and very swift action once instructions are given” – Intellectual property

“On difficult-to-solve issues, strives to solve problems and actively presents opinions first.” – Intellectual property

“I have been working with them for several years and what astonishes me is that they are extremely enthusiastic about their work. They try to understand each case very thoroughly, checking all the details from A to Z. I got an impression that they are using every given method and resource to bring us the best result.” – Insurance

Expertise in labour and criminal matters.” – Labour and employment

“Knows the industry very well and provides advice clearly.” – Media and entertainment

“Flexibility and client-friendliness.” –Private equity

“Deeply professional and have enthusiasm for providing advice for client's legal matter.” – Regulatory

“Very detailed, hard-working and fast.” – Real estate

“Mindset for clients and deep understanding of industry-specific matters.” – Tax

Jun Woo Cho

“Always consider client's needs and perspectives.”

Chunghwan Choi

“He is very knowledgeable and responsive to our requests.”

Woojin Choi

“Dedicated legal advice.”

Chang Yeon Ho

“Proactively engages with client and depth of knowledge for the insurance industry.”

Jinyoung Jung

“Jinyoung Jung has excellent capabilities in industry sector knowledge and client relationship management.”

Sung Min Kim

“Fast response, client-oriented mind.”

Suruyn Kim

“Sincere preparation, active response to client, and knowledge of the case.”

Daehoon Koo

“Proactive.”

Jinhong Kwon

“He is open to every client.”

“He is a man of great ability on insurance matters.”

“Working with Jinhong Kwon was a great experience. He knows what teamwork is. He possesses excellent communication skills, and he and his team advise clients as a harmonized group.”

Eunwoo Lee

“Eunwoo has clearly demonstrated a very strong understanding of our client's needs. Eunwoo is also clear and practical in her advice.”

Hee Woong Lee

“Real-time response, full knowledge, and practical advice and suggestion of an alternative.”

“I would say that he has high ability of the legal side and he has provided good legal advice to me.”

Kyunghoon Lee

“Quick and friendly feedback, useful and practical advice on compliance matters.”

Miji Lee

“High-quality feedback and legal opinion on urgent issues.”

Jangwoo Park

“He's excellent at persuasion and presentation. It leads to good results in dispute resolution.”

Jung Myong Park

“He has the strongest communication skills and problem-solving ability.”

Keum Nang Park

“Rich experience in pharmaceutical patents.”

Kwang Bae Park

“Flexibility and client-friendliness.”

Sangyong Ra

“Expertise in criminal and labour issues.”

Myunghyun Ryu

“He is very responsive and knowledgeable in this business area. Having him in the team made our life much easier.”

Woo Dong Seok

He is very experienced and good at his job.”

Helen Sohn

“Long-standing experience in the aviation industry advising Korean Air Lines, and knows her stuff.”

“She is very proactive in maintaining contacts. Her clients rely on her advice.”


Work highlights 

Advised Mirae Asset Securities and Bookook Securities against the Financial Supervisory Service’s (FSS) sanctions on market makers for disturbing the market.

Advised Korbit for the registration with the Korea Financial Intelligence Unit as a virtual asset service provider.

Advised Woori Bank on its response to the examination and sanctions conducted by the FSS in relation to Woori Bank’s transmission of advertisements using open banking data.

Advised Kookmin Bank on financing for the acquisition of SK E&S by KKR.

Key clients

KEB Hana Bank, JB Asset Management, Kookmin Bank, Mirae Asset Securities, SK IE Technology

Shin & Kim

Shin & Kim maintains its esteemed reputation in the market across all areas. Peers refer to the firm with respect and say that in recent years, the firm is furthering its visibility on matters and building on its historic strengths in capital markets and real estate. The firm boasts a 12-partner strong team dedicated purely to capital markets, one of the largest among all Korean law firms, and runs its IPO and structured finance teams separately under the capital markets wing. The real estate team welcomed four partners, Hyun Lee, Ho Seuk Jang, Seung Hyun Lee, and Kishil Yang from Barun Law. The dispute resolution team is gaining momentum with the addition of eight partners. Meanwhile, 11 lawyers of the team were promoted to partners in 2022.


Work highlights

Advised a group of lenders including Korea Development Bank on the financing for SK Hynix’s acquisition of Intel's SSD business and Dalian Nand Flash Manufacturing Facility assets in China.

Advised lenders including Kookmin Bank on the financing for Centroid Investment Partner’acquisition of Taylormade.

Advised Mirae Asset Securities and KB Securities on the financing for Affinity’s acquisiton of Jobkorea.

Key clients

Gyeongju Wind Power, Korea Investment Securities, Macquarie Korea Infrastructure Fund, Samsung Securities, Shinhan Bank, Woori Bank

Yulchon

Yulchon secures its place in the ‘Outstanding’ band for competition, litigation, private equity and tax this year. It climbs up the rankings in the aviation and shipping, and insurance practice areas. Its famed dispute resolution practice has over 250 professionals and keeps apace with an evolving market, creating new disputes practice areas that are novel and innovative. The firm welcomed 14 new joiners over the past two years. Among them, Joon Ho Kwon, the former head of the IPO service team of the Korea Exchange, joined as a partner, and four team members have solid regulatory experience in Korea’s Financial Supervisory Service.

Client feedback 

“Quite professional and efficient. They have rich experience of internal investigations into antitrust cases.” – Competition and antitrust

“Wealth of experience of the designated lawyer. Efficient allocation of limited resources compared to competing law firms in the local market.” – Corporate and M&A

“Timely and detailed advice.” – Corporate and M&A

“Easily accessible partner, high-quality services” – Dispute resolution

“When we entrust a case to Yulchon, a team of lawyers, who are professional in the practice area, is formed for the case, including lawyers who have worked for more than 20 years as judges in the court and professionals who know the issue well. As a client, you can expect the best results. They are passionate, trying to find the best shortcut to winning, and always communicating with us. They also ask us a lot of questions to discover what we are missing or overlooking.” – Dispute resolution

“Yulchon has been able to provide high-quality professional advice on every question and query on this case and came up with the appropriate strategic plan since the start of the appointment. The team comprised all skill sets necessary to defend the case from start to finish and was also able to comprehend the stance of the accused well enough to reflect its best position in the lawsuit. Particularly the lawyer who has field experience in criminal areas from the local police has been a key player to this appointment and, with his one-step-ahead judgement against every correspondence, made it possible to draw the best outcome.” – Dispute resolution

“Their team is responsive, has very high standards and quality. They were our thought partners not only on the technical details but also on the strategy. While we were in the midst of Covid, Christopher Mandel, Wansoo Kim and Larry were supporting us above and beyond their duties. We are forever grateful for their support and care. They also have outstanding communication skills.” – Dispute resolution

“Yulchon wants to find a practical goal that clients cannot express well. Yulchon actively explores what the opponent's strategy will be.” – Dispute resolution

“Yulchon is very logical and reasonable in solving problems and providing customized services to clients.” – Dispute resolution

“Yulchon has expertise in issues related to insurance and perfectly fulfils our requirements.” – Insurance

“Yulchon’s insurance team provides all the insurance-related services that we need ranging from regulatory advice to legislative support on important insurance issues.” – Insurance

“I have been working with them for several years. What astonishes me is that they are extremely enthusiastic about their work. They try to understand each case thoroughly, checking all the details from A to Z. They were using every given method and resource to bring us the best result.” – Insurance

Seamless communication, fast and accurate feedback.” – Intellectual property

“Yulchon is the best firm in this area and is known as the best firm for defending pharmaceutical IP, which is why Boryung chose the firm.” – Intellectual property

“Expertise and enthusiasm.” – Labour and employment

“Active, professional knowledge and rich experience” – Labour and employment

“Professional, deep focus on client's view, solve the problem for client's interests even client doesn't realize it.” – Private equity

“Understands client’s needs well and provides timely advice.” – Private equity

“Yulchon always thinks and gives us professional suggestions from company perspectives.” – Regulatory

Yong Whan Choi

“Yong Whan Choi is really amazing and I believe that he is the number one lawyer related to tax issues. I know that he is really good and positive. He always tries to support his client with the best solutions and results.”

Cecil Saehoon Chung

“Very responsive and has good knowledge of the KFTC.”

“Very experienced in an antitrust investigations, having good knowledge of the automotive industry and good and clear communication skills.”

Dai Won Chung

“He has professional knowledge.”

Seung hyuk Han

“Rapid situation response.”

Woo Young Hur

“Woo Young Hur is an eminent lawyer and expert in the criminal area. He listens, understands the clients’ personal needs and tries to meet their requirements with instant feedback and appropriate advice. He thinks, considers and agonizes himself on clients’ behalf and uses all his best ability to come up with the best outcome out of each scenario.

Shin Hyunhwa

“High understanding of the insurance industry and provides client-friendly advisory services.”

Sang Tae Jeong

“Good communication skills.”

Gun Kim

Good knowledge, management skills and attitude.”

“Strong expertise and diverse experience.”

Jung Woo Lee

“A lot of experience and extensive expertise.”

“Listening skills, responsibilities, communication skills, giving solutions and insights, knowledge of various topics.”

Tea Eun Lee

“Friendly and law-based information is provided quickly.”

Christopher Mandel

“He is responsive, thoughtful and professional. He is extremely responsible and committed as evidenced by the way he supported us in a critical situation while having Covid-19.”

Il Bong Moon

He is known for his wealth of knowledge and experience in financial affairs, above all, in litigation in this area. He has more than 30 years’ experience and know-how as a judge and lawyer, so he is good at providing solutions that are right for the case. If he takes on a case, he actively seeks out facts that are favourable to us, checks possible adverse facts well, and devises necessary strategies accordingly. In Korea, there is no restriction on when to submit claims or evidence, and submissions can be made until the court issues judgment. So, instead of submitting all claims and evidence at the beginning of the case, if necessary, while looking at the other party's claims or evidence, he will submit and attack as necessary. For example, when the opposing party makes a false claim, he simply refutes the part and does not submit evidence, but when the opposing party has difficulty changing his or her opinion, he submits decisive evidence and traps the opposing party.

“He is good at storytelling and coming up with winning strategies, and he is very effective at questioning witnesses.”

Jaehyun Park

“Ability to identify and subsequently address clients' needs.”

Sung Bom Park

Knowledgeable, has rich experience and great at networking.”

Hyun Hwa Shin

“Excellent communication and problem solving skills.”

“She is the head of Yulchon’s insurance team. She is particularly helpful in offering creative solutions to complicated regulatory issues.”

“In-depth expertise in insurance issues.”

Young Su Shin

He knows what teamwork is. He possesses excellent communication skills, and he and his team advise clients as one harmonized group.”

“He is the best insurance practitioner in Korea.”

Doil Son

“Professional and attentive.”

Kim Sung Woo

“He has abundant experience in the private asset management area. He was one of the most popular and experienced judges in this area before joining Yulchon.”

Cho Sang Wook

Close interaction with the client.”

Kyung Ae Yeon

“Her expertise, experience, leadership in meetings, and willingness to resolve clients’ difficulties all point to her being the best counsel in the Korean pharmaceutical industry.”

Yong Pyo Yeom

“He is a very technically and commercially savvy lawyer and understands the client's concerns very well. He is easily accessible and responsive too.”

“Yeom is not only technically excellent but also commercially minded so he understands the intricacies of the client's commercial concerns. Yeom is easily accessible and engages in an approach of collaboration to find the most feasible solutions for the client .”

 


Work highlights 

Acted as counsel to a joint venture company established by ST Telemedia and Hyosung Heavy Industries Corporation in connection with the project financing for the development of two data centre properties.

Acted as counsel for Carlyle for the financing of the acquisition of certain shares in Hyundai Glovis.

Successfully advised KB Securities in its investment in a senior secured term loan backed by the US listed shares and other securities of a US midstream company.

Key clients

KB Asset Management, KEB Hana Bank, Kookmin Bank, Korea Development Bank, Templeton Hana Asset Management, Yuanta Securities

Capital markets
Jipyong

Jipyong is a well-rounded firm that offers representation across all key practice areas and core industries. The firm’s competition and labour and employment practices are highly regarded by peers and clients. Managing partner and labour specialist Ji Hyung Kim is widely-respected in the market, noted as a ‘pillar of industry’ by peers for his extensive experience in this field. Gee Hong Kim frequently acts as lead partner in competition and antitrust cases, and many of the firm’s top M&A matters last year featured corporate partners Cheol Jeong and Min Shin. The equity capital markets practice has an impressive record as issuer’s counsel on numerous listings, including those for SK Biopharmaceuticals and Kakao Games. The firm is deepening its regional footprint with on-the-ground operations in a number of emerging markets such as Indonesia, Myanmar, Laos, and Vietnam. Kyung Taek Park, a partner specialising in banking and finance, left the firm in 2022.

Client feedback 

“Jipyong understands the entertainment industry very well.” – Media and entertainment

“They provide professional legal knowledge and sharing of know-how.” – Real estate

Moonhee Kim

“As far as I know she has been counselling this industry quite long, which gives her lots of experience and diverse perspectives.”


Work highlights 

Advised BioPlus on its listing on the Kosdaq market.

Advised Iljin Materials on a bond swap between an overseas intermediary financial holding company and a Malaysian subsidiary.

Advised SK REITs concerning a listing on the stock market.

Key clients

Aju Steel, Enchem, KTB Network, NH All One REIT, Prestige Biologics

Kim & Chang

As the largest and most dominant full-service law firm in Korea, Kim & Chang needs no introduction. It remains unchallenged across the board, maintaining its ‘Outstanding’ ranking in all practice areas and sectors. It is a first-choice firm for many multinationals, international brands and domestic conglomerates. Its sheer size allows the firm to house multiple top-notch specialists in every niche area of practice and push the boundaries of innovation with landmark and sizeable matters. The competition team welcomed talent from the National Court Administration of Korea, the Korea Fair Trade Commission (KFTC), peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s intellectual property pillar gained 17 additional lawyers from various courts and peer firms, while the dispute team was boosted by four.

Client feedback 

“Clear advice and fine documentation for deal structure.” – Aviation and shipping

“Kim & Chang has a large pool of competitive lawyers covering various areas and is able to provide comprehensive reliable legal advice concerning unconventional transactions.” – Aviation and shipping

“Kim & Chang is able to form a perfect support team for its clients, so even the most complex matters can be walked through with seasoned insights. Kim & Chang has the leading professionals in the country. Not only lawyers but also professionals of various backgrounds having the qualities that are right, needed, and appropriate.” – Competition and antitrust

“They provide specific advice for clients as well as interpretation of the law.” – Competition and antitrust

“They find creative solutions for complex issues, manage various workstreams, understand clients’ needs and stakeholders’ interests surrounding different legal matters.” – Competition and antitrust

“Provided timely advise on the transaction structure, conducted legal due diligence and drafted legal documents including shareholder's agreement, sale and purchase agreements, loan documents, security documents, etc.” – Corporate and M&A

“Kim & Chang has the proper systems in place to address clients’ requests. Based on the experience of completing multiple transactions, expertise in all relevant practice areas, and a high understanding of clients’ needs with a thoughtful attitude, the firm has significantly contributed to the process and provided the valuable legal advice we needed.” – Corporate and M&A

“Kim & Chang has profound experience and knowledge of both Korean and Chinese M&A deals and has ample experience in collaborating with Chinese local law firms. Lawyers of the firm are reachable and remain hands-on when working with clients.” – Corporate and M&A

Professional excellence and timely communication.” – Corporate and M&A

“Undisputed number one corporate finance legal advisor in Korea. The absolute quality that Kim & Chang brings to the table is way ahead of what anyone can offer on the street.” – Corporate and M&A

“They do well in communications with clients and litigation strategies. They provide clear deliverables.” – Dispute resolution

“Innovative skill set to win the case.” – Dispute resolution

“Precise and quick report, persuasive brief, successful result, reasonable costs.” – Intellectual property

“Kim & Chang’s greatest strength definitely would be that they have the best expertise. Kim & Chang has a system that not only brings together the top experts in each practice area but also allows them to fully demonstrate their abilities, which distinguishes the firm from others.” – Insurance

“Kim & Chang’s insurance team has top-notch professionals who provide a comprehensive solution to the issues. Most attorneys have an in-depth understanding of industry-wide issues and keep track of the latest legislative updates, so whenever I need to get advice on any issue, they are already aware of the issue or quickly follow client-specific concerns in the right context. If we need to engage regulators or lightly tap the regulator stance, Kim & Chang team is also capable of efficiently engaging them through its advisory group consisting of ex-FSS/FSC officials.” – Insurance

“Reliably provide the most up-to-date and accurate advice amid evolving regulations. Practical advice that is user-friendly from the perspective of in-house counsel.” – Labour and employment

“Kim & Chang’s team was very professional and incremental in providing their legal services, which led our union negotiations into a successful practice while minimizing the business risk.” – Labour and employment

“They offer active management of key stakeholders above country level and support the local management to drive effective communication and decision-making process.” – Labour and employment

“Kim & Chang is the best law firm in Korea with many experienced lawyers. As a private equity professional, I am facing many challenging situations in terms of investment and portfolio management. Kim & Chang always has helped us in a very timely manner. I particularly like the way Kim & Chang advises us decisively so that we can make decisions comfortably.” – Private equity

“The firm, with its experience in international deals, advised us of global practices.” – Private equity

“Kim & Chang showed excellence in effectively grasping the core issues and providing the most reliable advice and recommendations under each given circumstance, deriving the most favourable outcome at the KCA.” – Regulatory

“They are very good at dealing with regulatory bodies and they have special know-how on persuading the regulatory bodies.” – Regulatory

“Strong technical knowledge and good relationship with the tax authorities” – Tax

“Communicate timely and clearly.” – Tax

Sangmi Baek

“She has demonstrated expertise in her area of work.”

Yonghoon Cho

“Excellent client relationship management and capability to build trust.”

Dong Shik Choi

“Experience, reliability and integrity.”

MJ Chung

“The only lawyer I completely entrust with legal and regulatory matters related to corporate finance and capital markets in Korea. MJ Chung is an industry-defining, living legend in Korean legal matters.”

Minha Gang

“Detailed analysis and good advice provided.”

Ji Soo Jang

“Easily accessible and provides the extra advice and explanation that in-house counsel might need.”

Don Jeon

“Don has the innovative skill set needed to turn a losing matter into a winning one.”

Jongwon Jeon

“Managing multiple workstreams for complex legal issues.”

Ji Young Jung

“She is very responsive and professional.”

Gihoon Kim

“Gihoon shows excellence in communicating with clients, very effectively grasps the core issues, provides specific suggestions in every project and assignment we have requested from him.”

Hyosang Kim

“Hyosang's depth of knowledge and experience surprises his client. As a relationship partner, he is able to provide advice in any area and we feel extremely comfortable reaching out to him for advice on any matter. He is also good at managing client relationships. We are extremely satisfied with his service, professionalism, knowledge, and insight.”

Teo Kim

“Punctuality and professional knowledge.”

Tae Hyuk Ko

“Provides specific advice for clients as well as interpretation of the law.”

Chunsoo Lee

“He explores the most suitable solutions and provides thorough advice. He provides a clear outline for each case and develops strategies and key arguments based on thorough analysis.”

Dohyung Lee

“Dohyung shows excellence in communicating with clients, very effectively grasps the core issues, provides the most sound and reliable suggestions in any project or assignments we have requested him with.”

Hyo Je Lee

“Attorney Hyo Je Lee is a very rare attorney who is great in every aspect. He is not only bright on law, sagaciously and skillfully handling legal work, but also has a strong sense of responsibility, prepares everything carefully, and has a good relationship.”

Kyungyoon Lee

“Lee has profound experience and knowledge of global M&A deals and has ample experience in collaborating with global law firms. He is reachable and remains hands-on working with clients.”

Sangwoo Lee

“Prompt feedback and good rationale.”

Shin Kwon Lim

“He has prolonged experience in the private equity and M&A area, and is able to give guidance when uncertainty occurs.”

Jina Myung

“Provided proper advice and timely solution on our legal issue. Her advice and solution have worked well and enabled us to make our trades successfully.”

TY Nam

“Very professional and has clear communication skill besides the deep knowledge of the field.”

Hyunjae Park

“Very practical and user-friendly advice. He is very good at seeing himself in the shoes of the client and also makes sure he has a high understanding of the client's organization and situation.”

Min Chul Park

“Min Chul Park is the leading lawyer in the TMT industry. With experience as a previous government official, he has vast knowledge in technology regulations. He has deep knowledge and experience in the media and entertainment industry and is capable of providing creative solutions in the most difficult situations. He is also very responsive and provides advice in the most difficult hours - whether it is near midnight or at the weekends.”

Wanbin Park

He is really proactive and well prepared for our inquiries. I want to recommend him, especially for regulatory issues on licences and permits.”

Hyun Wook Shin

“Shin is highly professional in understanding client's concerns and addressing the exact issue with the right solutions or at least the most viable solutions which are reasonably compromising. This seems to be attributable to his up-to-date knowledge of industry-wide issues and intensive experience dealing with all kinds of issues arising from the insurance business. I would particularly recommend him because he is not only an excellent attorney but extremely easy to talk to with any issue under any circumstances. Very client-friendly and never compromises his quality of work or client's risk management.”

“Client friendly and has deep and long-standing experience as well as knowledge in the insurance sector.”

Sangmyoung Shin

“He has a comprehensive view on how to handle legal matters involving financial transactions and is proficient with coordination within Kim & Chang to come up with an effective solution.”

Jay Young-June Yang

“The best lawyer in the Korean IP field, always responsive and helpful.”

 

Work highlights 

Advising on LG Energy Solution’s initial public listing on the Korean Exchange.

Advising on the public listing of Krafton’s shares on the Korean Exchange.

Key clients

BofA Securities, Citigroup Global Markets, Hyundai Heavy Industries, JPMorgan Securities, KakaoPay, Merrill Lynch International

LAB Partners

Young corporate and financial law boutique firm LAB Partners hit the ground running when it opened three years ago, offering sophisticated advice in all core areas of law. Its panoply of founding partners were already recognised by the market as leaders in their areas, having honed their expertise at other leading Korean firms. The firm has been savvily characterised by local media as ‘the Avengers of corporate legal practice’. Managing partner and structured finance and securitisation doyenne Young-Hee Jo helms a leadership team that includes Jinho Ahn, Jinho Kim, Youngju Kim and Kwangbok Kim. The firm clearly demonstrates strengths in the finance space, particularly in banking, securities and asset management. Jo is a go-to name for securitisation matters. Hyunwoo Kim, a partner specialising in capital markets, left the firm in 2022.

Client feedbacks

“Well versed in Korean asset-backed securities transactions, always patient with addressing queries, exceeds expectations despite the complexities and tight timelines involved in deals.” – Banking and finance

Young Hee Jo

“Possesses deep expertise in Korean asset-backed financing industry.”


Work highlights 

Advised Citibank Korea on the migration of the trust and agency business of BNY Mellon Seoul.

Advised KB Securities and Sumitomo Mitsui Banking Corporation in relation to Hyundai Capital Services’ domestic issuance of asset-backed securities based on auto loan receivables.

Represented Shinhan Card in relation to its domestic issuance of asset-backed securities based on its credit card receivables.

Key clients

Hana Card, KB Kookmin Card, Lotte Card, MUFG Bank

Lee & Ko

An undisputed premier firm, Lee & Ko holds steady in the rankings as a foolproof choice for its impressive roster of offshore and onshore clients. Its renowned finance practice wins plaudits from peers and clients that acknowledge its frequent role in representing lenders. The firm was elevated this year into the Oustanding tiers for labour and employment and real estate. Despite a slowdown in the capital markets, Lee & Ko’s traditional dominance in debt capital markets helped it maintain a steady flow of debt deals. Managing partner Yong Seok Ahn is recognised for his corporate and competition expertise. The firm experienced the usual inflow and outflow of talent. Notable movements in 2021 include two capital markets experts, Jung-Myung Lee, Hyeong Min Yoo joining the firm as partners. Hyun Young Ju, an antitrust and competition specialist left the firm while Jeannie Jeong filled the void to enhance the firm’s strength in this sector. The firm’s dispute resolution team has also been expanding over the past years with nine new partners on board.

Client feedback 

Dedicated legal advice on the lender side.” – Aviation and shipping

“Lee & Ko is very up to date with the regulatory requirements in South Korea and was very constructive in working with our timeline.” – Aviation and shipping

The team is very responsive and knows their stuff. Always efficient and effective at getting things done.” – Aviation and shipping

“Very clear and accurate feedback whenever an issue arises.” – Competition and antitrust

“Detailed analysis of legal principles to elaborate countermeasures. Good communication skills with clients.” – Competition and antitrust

Client-friendly attitude, full of practical advice, 24/7 seamless professional service.” – Corporate and M&A

“I can feel that they are really experts in providing legal advice for M&A deal structure, contract, due diligence and deal closing, especially in both Korea and the US.” – Corporate and M&A

“Lee & Ko accurately grasps the fact, composes legal logic elaborately, and properly asserts this during the trial.” – Dispute resolution

“Knowledgeable, predictable, collaborative.” – Dispute resolution

“Very diligent and hands-on for both US and Korean law, and provides a heads-up on any events.” – Energy

“Fast and clear responses. Extremely professional and very swift action once instructions are given” – Intellectual property

“On difficult-to-solve issues, strives to solve problems and actively presents opinions first.” – Intellectual property

“I have been working with them for several years and what astonishes me is that they are extremely enthusiastic about their work. They try to understand each case very thoroughly, checking all the details from A to Z. I got an impression that they are using every given method and resource to bring us the best result.” – Insurance

Expertise in labour and criminal matters.” – Labour and employment

“Knows the industry very well and provides advice clearly.” – Media and entertainment

“Flexibility and client-friendliness.” –Private equity

“Deeply professional and have enthusiasm for providing advice for client's legal matter.” – Regulatory

“Very detailed, hard-working and fast.” – Real estate

“Mindset for clients and deep understanding of industry-specific matters.” – Tax

Jun Woo Cho

“Always consider client's needs and perspectives.”

Chunghwan Choi

“He is very knowledgeable and responsive to our requests.”

Woojin Choi

“Dedicated legal advice.”

Chang Yeon Ho

“Proactively engages with client and depth of knowledge for the insurance industry.”

Jinyoung Jung

“Jinyoung Jung has excellent capabilities in industry sector knowledge and client relationship management.”

Sung Min Kim

“Fast response, client-oriented mind.”

Suruyn Kim

“Sincere preparation, active response to client, and knowledge of the case.”

Daehoon Koo

“Proactive.”

Jinhong Kwon

“He is open to every client.”

“He is a man of great ability on insurance matters.”

“Working with Jinhong Kwon was a great experience. He knows what teamwork is. He possesses excellent communication skills, and he and his team advise clients as a harmonized group.”

Eunwoo Lee

“Eunwoo has clearly demonstrated a very strong understanding of our client's needs. Eunwoo is also clear and practical in her advice.”

Hee Woong Lee

“Real-time response, full knowledge, and practical advice and suggestion of an alternative.”

“I would say that he has high ability of the legal side and he has provided good legal advice to me.”

Kyunghoon Lee

“Quick and friendly feedback, useful and practical advice on compliance matters.”

Miji Lee

“High-quality feedback and legal opinion on urgent issues.”

Jangwoo Park

“He's excellent at persuasion and presentation. It leads to good results in dispute resolution.”

Jung Myong Park

“He has the strongest communication skills and problem-solving ability.”

Keum Nang Park

“Rich experience in pharmaceutical patents.”

Kwang Bae Park

“Flexibility and client-friendliness.”

Sangyong Ra

“Expertise in criminal and labour issues.”

Myunghyun Ryu

“He is very responsive and knowledgeable in this business area. Having him in the team made our life much easier.”

Woo Dong Seok

He is very experienced and good at his job.”

Helen Sohn

“Long-standing experience in the aviation industry advising Korean Air Lines, and knows her stuff.”

“She is very proactive in maintaining contacts. Her clients rely on her advice.”


Work highlights 

Advised KEB Hana Bank, acting through its New York Agency, in connection with the establishment of its US Yankee Certificate of Deposit Program.

Advised SK IE Technology on its mega-size IPO.

Advised Korea Post on its sale of Kakao Bank shares in a block deal.

Key clients

Incheon International Airport Corporation, Korea Expressway Corporation, Korea Hydro & Nuclear Power, Korea National Oil Corporation, NH Investment & Securities, Shinhan Card

Shin & Kim

Shin & Kim maintains its esteemed reputation in the market across all areas. Peers refer to the firm with respect and say that in recent years, the firm is furthering its visibility on matters and building on its historic strengths in capital markets and real estate. The firm boasts a 12-partner strong team dedicated purely to capital markets, one of the largest among all Korean law firms, and runs its IPO and structured finance teams separately under the capital markets wing. The real estate team welcomed four partners, Hyun Lee, Ho Seuk Jang, Seung Hyun Lee, and Kishil Yang from Barun Law. The dispute resolution team is gaining momentum with the addition of eight partners. Meanwhile, 11 lawyers of the team were promoted to partners in 2022.


Work highlights 

Acted as the legal counsel for SB Bioscience for its IPO and listing on the KOSPI market of the Korea Exchange.

Acted as the legal counsel for a group of underwriters including Credit Suisse Seoul Branch on Kakao Bank’s IPO and listing on the KOSPI market of the Korea Exchange.

Acted as the legal counsel for underwriters including Morgan Stanley on Olive Young’s IPO and listing on the KOSPI market of the Korea Exchange.

Key clients

DST Global Services, Hanwha Life Insurance, Korean Airlines, Kyobo Life Insurance, Shinhan REITs Management, Woori Financial Group

Yoon & Yang

Yoon & Yang is a premier choice for all corporate and financial law areas, notably in the competition, technology and telecommunications, dispute resolution, employment and regulatory areas. The firm works with large international and domestic clients from all industries and sectors. The private equity team welcomed David Lee and Hyeong Joon Choi, two senior attorneys, in 2022.

Client feedback 

“Even though Yoon & Yang comprises lawyers mainly having expertise in law, they have noticeable insights into the market flow and the overall business. Therefore, not only do they provide legal opinions based on their expertise in law, they also provide the appropriate legal advice considering the needs of the client and the overall situation of the client. So they provide me with the most outstanding work in the most efficient way, making me satisfied each time I work with them.” – Corporate and M&A

“I, as an M&A expert in Korea, believe it is important to work with experts who have various backgrounds when I handle M&A deals. Comprising of accountants, tax attorneys and foreign attorneys as well as Korean attorneys, I believe that Yoon & Yang’s one-stop advice is second to none in the Korean M&A market. In addition, Yoon & Yang’s M&A attorneys have good negotiation skills and a high level of industry knowledge so I could close the M&A deals successfully. It is always impressive that they always come up with fast and effective responses to complicated legal issues. Therefore, I will continue to retain Yoon & Yang in the future.” – Corporate and M&A

“It provides reasonable, safe and professional tools to let me run my business.” – Corporate and M&A

“They understand and are dedicated to the client’s needs. Their strategy is very effective in large complex disputes.” – Dispute resolution

“Responsive and hard working. Excellent quality and service. The firm has real strength in litigation and dispute resolution.” – Dispute resolution

“The feedback was super fast and exact what we needed.” – Dispute resolution

“It provides professional knowledge and advice on the matters concerned. Plus, its lawyers do their best endeavour and dedicate themselves to solving the problems I faced.” – Dispute resolution

They know the local regulations related to the transfer of renewable plants well and provide timely services based on their understanding of the project timeline.” – Energy

“Friendly communication not only with the legal team but also with the project, technical team.” – Energy

“The litigation we carry out is governed by the Patent Law and the Pharmaceutical Affairs Law at the same time. And, In order to carry out the litigation, they had to be familiar with the entire process of drug approval in Korea and abroad. It's very complicated litigation, but they did it well and got good results.” – Intellectual property

“Yoon & Yang successfully defended the criminal prosecution and managed the civil action well.” – Intellectual property

“They have extensive knowledge and ample experience in IP areas including patent, trademark, and copyright. I think they are particularly strong in dealing with patent infringement and patent invalidation cases as well as trials for the scope of a right. They are very detailed and always provide us with plans B and C for preparing for the unexpected situation.” – Intellectual property

“Very professional and hard-working. Received great support on both IP and tax issues.” – Intellectual property

“Yoon & Yang’s positive attributes are its speed and accuracy. When we ask for legal services from other big law firms in Korea, they often spend too much time making theoretical arguments and conducting research that is more or less intended for show. However, Yoon & Yang’s legal services are very concise, with its legal opinions streamlined with core arguments and conclusions, making them easier to understand. For departments within our company other than those that directly need legal services, Yoon & Yang can easily understand their opinions and utilize the opinions to come up with plans. Furthermore, given the nature of our company, we need a law firm which can respond to our inquiries in real-time, and Yoon & Yang was the quickest. We were impressed by its kind legal services even when we asked for them abruptly.” – Labour and employment

“Close interaction with clients.” – Labour and employment

“Yoon & Yang has been doing fantastic jobs for our company. Its lawyers provide excellent comments and they are really fast and quick to respond to our questions.” – Real estate

“We think the firm’s biggest strength is its professional ability and high-quality manpower. In particular it has a lot of experience in various value-added tax issues.” – Tax

Jae Ryun Cho

“He understands my position in the cases so that he can provide me with right and reasonable solutions. Furthermore, he always shares his empathy with his clients.”

Kyoung Ho Hong

“Expertise in criminal and labour issues.”

Seong Hong

“Hong has a good relationship with each person in charge of each department in our company and has a superb understanding of our industry, which allows him to provide reasonable solutions. Our people are very satisfied with his quick, reasonable solutions to our requests for advice. Furthermore, by providing us with useful information and material on HR, he regularly updates us on labour issues and helps us prepare for them. For instance, when a labour union was recently established among office workers within the Hyundai Motor Group, we, as a company without any labour union, had to come up with countermeasures as quickly as possible. Hong advised on what we should prepare for in the early stage of a labour union establishment and what the labour union might ask us to do and provided us with his legal opinions on each of the possible requests that the labour union might ask for. His help was essential in our development of reasonable labour management policies.”

Siwon Huh

“Siwon's positive attributes are that he is creative yet sensible when it comes to his profession. He fully devotes his time to come up with an optimal litigation strategy, by way of conducting comprehensive and deep discussions with other lawyers.”

Jeong Gyu Kim

“He has extensive knowledge and ample experience in IP areas including patent, trademark, and copyrights. I think he is particularly strong in dealing with patent infringement and patent invalidation cases as well as trials for the scope of a right. He is very detailed and always provides us with plan B and C for preparing for the unexpected situation.”

Kayoung Kim

“Kayoung Kim is a diligent lawyer who puts a top priority on satisfying our company’s legal needs. Her responses are very efficient and quick.”

Kwon Hoe Kim

“Excellent client management and communications.”

Myung Ahn Kim

“Extremely dedicated to clients, responsive and works around the clock, hardworking, clever, international quality of service, elegant advocate, commercially minded and finds creative solutions.”

“She has excellent global knowledge and experience in dispute resolution and does her best endeavour to work.”

Sam Kim

“He is a very talented lawyer who was recognised, even as an associate, as one of the best international arbitration lawyers in the market. He is mindful of the client’s needs and highly skilled in handling complex disputes, whether it’s litigation, mediation or arbitration, all of which he has assisted DL E&C with. He is the go-to person when the company is in a tight situation and needs the best solution quickly. He also understands the client’s needs better than most other lawyers I have worked with perhaps due to his experience of having been on the client side in a Korean conglomerate.”

Sung Jin Kim

“Sung Jin Kim has outstanding expertise and abundant experience in M&A and other corporate legal issues. In particular, his best strength is that he always provides legal opinions and practicable solutions in connection with possible disputes even though the clients didn’t explicitly ask for them when seeking legal advice on investment either as an investor or the target. In other words, he is prepared for every legal issue, including possible future risk factors including the ones that the clients couldn’t have thought of themselves. Sometimes, after closing, I finally realize the true value of the advice that he gave during the negotiation of the agreement terms.”

Dongju Kwon

“If you ask him for advice on the problem, he can always come up with a solution. He looks at the problem from a broad perspective and offers long-term direction.”

Sejung Lee

“She organises and communicates with the company and the law firm well.”

Young Woo Park

“Young Woo Park is one of the most bright and excellent lawyers in South Korea that I have ever worked with among the largest law firms in South Korea. I feel that he has in-depth knowledge of real estate matters and financial industries. Our company is actively operating in real estate funds and Young Woo Park’s expertise in both industries is 100% fitting to us.”

Dae Sagong

“Good communication and management of the internal team, at reasonable cost.”

“He is one of the most diligent and dedicated lawyers I know of, with positive vibes and a solution-oriented mindset. It has been a pleasure working with him and he will continue to be my first pick when new issues pop up.”

“Outstanding dedication to clients, not only in terms of support but he also guides business teams in the right direction with proactive and pragmatic approaches to sensitive and complicated legal issues.”


Work highlights 

Advised the Export-Import Bank of Korea on the update of the Global Medium Term Note Programme which provides for the issuance of up to $27.5 billion in aggregate principal amount of global medium-term notes.

Acted as the lead counsel for Hyundai Engineering on its IPO in the KOSPI market.

Advised IMM Investments on its purchase of shares of Iyuno Sweden.

Key clients

Avellino Lab, Hyundai Department Store, Kineta, NH Investment & Securities, Woori Financial Group

Yulchon

Yulchon secures its place in the ‘Outstanding’ band for competition, litigation, private equity and tax this year. It climbs up the rankings in the aviation and shipping, and insurance practice areas. Its famed dispute resolution practice has over 250 professionals and keeps apace with an evolving market, creating new disputes practice areas that are novel and innovative. The firm welcomed 14 new joiners over the past two years. Among them, Joon Ho Kwon, the former head of the IPO service team of the Korea Exchange, joined as a partner, and four team members have solid regulatory experience in Korea’s Financial Supervisory Service.

Client feedback 

“Quite professional and efficient. They have rich experience of internal investigations into antitrust cases.” – Competition and antitrust

“Wealth of experience of the designated lawyer. Efficient allocation of limited resources compared to competing law firms in the local market.” – Corporate and M&A

“Timely and detailed advice.” – Corporate and M&A

“Easily accessible partner, high-quality services” – Dispute resolution

“When we entrust a case to Yulchon, a team of lawyers, who are professional in the practice area, is formed for the case, including lawyers who have worked for more than 20 years as judges in the court and professionals who know the issue well. As a client, you can expect the best results. They are passionate, trying to find the best shortcut to winning, and always communicating with us. They also ask us a lot of questions to discover what we are missing or overlooking.” – Dispute resolution

“Yulchon has been able to provide high-quality professional advice on every question and query on this case and came up with the appropriate strategic plan since the start of the appointment. The team comprised all skill sets necessary to defend the case from start to finish and was also able to comprehend the stance of the accused well enough to reflect its best position in the lawsuit. Particularly the lawyer who has field experience in criminal areas from the local police has been a key player to this appointment and, with his one-step-ahead judgement against every correspondence, made it possible to draw the best outcome.” – Dispute resolution

“Their team is responsive, has very high standards and quality. They were our thought partners not only on the technical details but also on the strategy. While we were in the midst of Covid, Christopher Mandel, Wansoo Kim and Larry were supporting us above and beyond their duties. We are forever grateful for their support and care. They also have outstanding communication skills.” – Dispute resolution

“Yulchon wants to find a practical goal that clients cannot express well. Yulchon actively explores what the opponent's strategy will be.” – Dispute resolution

“Yulchon is very logical and reasonable in solving problems and providing customized services to clients.” – Dispute resolution

“Yulchon has expertise in issues related to insurance and perfectly fulfils our requirements.” – Insurance

“Yulchon’s insurance team provides all the insurance-related services that we need ranging from regulatory advice to legislative support on important insurance issues.” – Insurance

“I have been working with them for several years. What astonishes me is that they are extremely enthusiastic about their work. They try to understand each case thoroughly, checking all the details from A to Z. They were using every given method and resource to bring us the best result.” – Insurance

Seamless communication, fast and accurate feedback.” – Intellectual property

“Yulchon is the best firm in this area and is known as the best firm for defending pharmaceutical IP, which is why Boryung chose the firm.” – Intellectual property

“Expertise and enthusiasm.” – Labour and employment

“Active, professional knowledge and rich experience” – Labour and employment

“Professional, deep focus on client's view, solve the problem for client's interests even client doesn't realize it.” – Private equity

“Understands client’s needs well and provides timely advice.” – Private equity

“Yulchon always thinks and gives us professional suggestions from company perspectives.” – Regulatory

Yong Whan Choi

“Yong Whan Choi is really amazing and I believe that he is the number one lawyer related to tax issues. I know that he is really good and positive. He always tries to support his client with the best solutions and results.”

Cecil Saehoon Chung

“Very responsive and has good knowledge of the KFTC.”

“Very experienced in an antitrust investigations, having good knowledge of the automotive industry and good and clear communication skills.”

Dai Won Chung

“He has professional knowledge.”

Seung hyuk Han

“Rapid situation response.”

Woo Young Hur

“Woo Young Hur is an eminent lawyer and expert in the criminal area. He listens, understands the clients’ personal needs and tries to meet their requirements with instant feedback and appropriate advice. He thinks, considers and agonizes himself on clients’ behalf and uses all his best ability to come up with the best outcome out of each scenario.

Shin Hyunhwa

“High understanding of the insurance industry and provides client-friendly advisory services.”

Sang Tae Jeong

“Good communication skills.”

Gun Kim

Good knowledge, management skills and attitude.”

“Strong expertise and diverse experience.”

Jung Woo Lee

“A lot of experience and extensive expertise.”

“Listening skills, responsibilities, communication skills, giving solutions and insights, knowledge of various topics.”

Tea Eun Lee

“Friendly and law-based information is provided quickly.”

Christopher Mandel

“He is responsive, thoughtful and professional. He is extremely responsible and committed as evidenced by the way he supported us in a critical situation while having Covid-19.”

Il Bong Moon

He is known for his wealth of knowledge and experience in financial affairs, above all, in litigation in this area. He has more than 30 years’ experience and know-how as a judge and lawyer, so he is good at providing solutions that are right for the case. If he takes on a case, he actively seeks out facts that are favourable to us, checks possible adverse facts well, and devises necessary strategies accordingly. In Korea, there is no restriction on when to submit claims or evidence, and submissions can be made until the court issues judgment. So, instead of submitting all claims and evidence at the beginning of the case, if necessary, while looking at the other party's claims or evidence, he will submit and attack as necessary. For example, when the opposing party makes a false claim, he simply refutes the part and does not submit evidence, but when the opposing party has difficulty changing his or her opinion, he submits decisive evidence and traps the opposing party.

“He is good at storytelling and coming up with winning strategies, and he is very effective at questioning witnesses.”

Jaehyun Park

“Ability to identify and subsequently address clients' needs.”

Sung Bom Park

Knowledgeable, has rich experience and great at networking.”

Hyun Hwa Shin

“Excellent communication and problem solving skills.”

“She is the head of Yulchon’s insurance team. She is particularly helpful in offering creative solutions to complicated regulatory issues.”

“In-depth expertise in insurance issues.”

Young Su Shin

He knows what teamwork is. He possesses excellent communication skills, and he and his team advise clients as one harmonized group.”

“He is the best insurance practitioner in Korea.”

Doil Son

“Professional and attentive.”

Kim Sung Woo

“He has abundant experience in the private asset management area. He was one of the most popular and experienced judges in this area before joining Yulchon.”

Cho Sang Wook

Close interaction with the client.”

Kyung Ae Yeon

“Her expertise, experience, leadership in meetings, and willingness to resolve clients’ difficulties all point to her being the best counsel in the Korean pharmaceutical industry.”

Yong Pyo Yeom

“He is a very technically and commercially savvy lawyer and understands the client's concerns very well. He is easily accessible and responsive too.”

“Yeom is not only technically excellent but also commercially minded so he understands the intricacies of the client's commercial concerns. Yeom is easily accessible and engages in an approach of collaboration to find the most feasible solutions for the client .”

 


Work highlights 

Provided legal advice to KIND in connection with KIND’s acquisition of a 27.5% share in IntermediaryCo.

Represented Renaissance PS No 1 in a purchase of non-registered coupon private exchangeable bonds issued by TMON.

Advised the BMW Group on the transaction of issuing asset-backed securities in Korean public offering market.

Key clients

Goldman Sachs (Asia), JPMorgan, KB Bank, Korea Investment & Securities, Lotte Corporation, Lotte Rental

Competition/antitrust
Jipyong

Jipyong is a well-rounded firm that offers representation across all key practice areas and core industries. The firm’s competition and labour and employment practices are highly regarded by peers and clients. Managing partner and labour specialist Ji Hyung Kim is widely-respected in the market, noted as a ‘pillar of industry’ by peers for his extensive experience in this field. Gee Hong Kim frequently acts as lead partner in competition and antitrust cases, and many of the firm’s top M&A matters last year featured corporate partners Cheol Jeong and Min Shin. The equity capital markets practice has an impressive record as issuer’s counsel on numerous listings, including those for SK Biopharmaceuticals and Kakao Games. The firm is deepening its regional footprint with on-the-ground operations in a number of emerging markets such as Indonesia, Myanmar, Laos, and Vietnam. Kyung Taek Park, a partner specialising in banking and finance, left the firm in 2022.

Client feedback 

“Jipyong understands the entertainment industry very well.” – Media and entertainment

“They provide professional legal knowledge and sharing of know-how.” – Real estate

Moonhee Kim

“As far as I know she has been counselling this industry quite long, which gives her lots of experience and diverse perspectives.”


Work highlights 

Represented InfoBank Corporation in obtaining the Supreme Court’s decision to reverse and remand the case concerning a margin squeeze against a competing corporate messaging service provider by a mobile telecommunications company.

Representing Naver Corporation, Korea’s largest Internet search engine, in connection with the Korea Fair Trade Commission’s (KFTC) investigation into suspected abuse of market dominance.

Advising the SK Group and Chairman Tae-won Chey on KFTC’s investigation regarding Chairman Chey and the SK Group’s joint acquisition of LG Siltron shares.

Key clients

Hyundai, SPC Samlip, Tesla Korea, The Korea Fair Trade Commission

Kim & Chang

As the largest and most dominant full-service law firm in Korea, Kim & Chang needs no introduction. It remains unchallenged across the board, maintaining its ‘Outstanding’ ranking in all practice areas and sectors. It is a first-choice firm for many multinationals, international brands and domestic conglomerates. Its sheer size allows the firm to house multiple top-notch specialists in every niche area of practice and push the boundaries of innovation with landmark and sizeable matters. The competition team welcomed talent from the National Court Administration of Korea, the Korea Fair Trade Commission (KFTC), peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s intellectual property pillar gained 17 additional lawyers from various courts and peer firms, while the dispute team was boosted by four.

Client feedback 

“Clear advice and fine documentation for deal structure.” – Aviation and shipping

“Kim & Chang has a large pool of competitive lawyers covering various areas and is able to provide comprehensive reliable legal advice concerning unconventional transactions.” – Aviation and shipping

“Kim & Chang is able to form a perfect support team for its clients, so even the most complex matters can be walked through with seasoned insights. Kim & Chang has the leading professionals in the country. Not only lawyers but also professionals of various backgrounds having the qualities that are right, needed, and appropriate.” – Competition and antitrust

“They provide specific advice for clients as well as interpretation of the law.” – Competition and antitrust

“They find creative solutions for complex issues, manage various workstreams, understand clients’ needs and stakeholders’ interests surrounding different legal matters.” – Competition and antitrust

“Provided timely advise on the transaction structure, conducted legal due diligence and drafted legal documents including shareholder's agreement, sale and purchase agreements, loan documents, security documents, etc.” – Corporate and M&A

“Kim & Chang has the proper systems in place to address clients’ requests. Based on the experience of completing multiple transactions, expertise in all relevant practice areas, and a high understanding of clients’ needs with a thoughtful attitude, the firm has significantly contributed to the process and provided the valuable legal advice we needed.” – Corporate and M&A

“Kim & Chang has profound experience and knowledge of both Korean and Chinese M&A deals and has ample experience in collaborating with Chinese local law firms. Lawyers of the firm are reachable and remain hands-on when working with clients.” – Corporate and M&A

Professional excellence and timely communication.” – Corporate and M&A

“Undisputed number one corporate finance legal advisor in Korea. The absolute quality that Kim & Chang brings to the table is way ahead of what anyone can offer on the street.” – Corporate and M&A

“They do well in communications with clients and litigation strategies. They provide clear deliverables.” – Dispute resolution

“Innovative skill set to win the case.” – Dispute resolution

“Precise and quick report, persuasive brief, successful result, reasonable costs.” – Intellectual property

“Kim & Chang’s greatest strength definitely would be that they have the best expertise. Kim & Chang has a system that not only brings together the top experts in each practice area but also allows them to fully demonstrate their abilities, which distinguishes the firm from others.” – Insurance

“Kim & Chang’s insurance team has top-notch professionals who provide a comprehensive solution to the issues. Most attorneys have an in-depth understanding of industry-wide issues and keep track of the latest legislative updates, so whenever I need to get advice on any issue, they are already aware of the issue or quickly follow client-specific concerns in the right context. If we need to engage regulators or lightly tap the regulator stance, Kim & Chang team is also capable of efficiently engaging them through its advisory group consisting of ex-FSS/FSC officials.” – Insurance

“Reliably provide the most up-to-date and accurate advice amid evolving regulations. Practical advice that is user-friendly from the perspective of in-house counsel.” – Labour and employment

“Kim & Chang’s team was very professional and incremental in providing their legal services, which led our union negotiations into a successful practice while minimizing the business risk.” – Labour and employment

“They offer active management of key stakeholders above country level and support the local management to drive effective communication and decision-making process.” – Labour and employment

“Kim & Chang is the best law firm in Korea with many experienced lawyers. As a private equity professional, I am facing many challenging situations in terms of investment and portfolio management. Kim & Chang always has helped us in a very timely manner. I particularly like the way Kim & Chang advises us decisively so that we can make decisions comfortably.” – Private equity

“The firm, with its experience in international deals, advised us of global practices.” – Private equity

“Kim & Chang showed excellence in effectively grasping the core issues and providing the most reliable advice and recommendations under each given circumstance, deriving the most favourable outcome at the KCA.” – Regulatory

“They are very good at dealing with regulatory bodies and they have special know-how on persuading the regulatory bodies.” – Regulatory

“Strong technical knowledge and good relationship with the tax authorities” – Tax

“Communicate timely and clearly.” – Tax

Sangmi Baek

“She has demonstrated expertise in her area of work.”

Yonghoon Cho

“Excellent client relationship management and capability to build trust.”

Dong Shik Choi

“Experience, reliability and integrity.”

MJ Chung

“The only lawyer I completely entrust with legal and regulatory matters related to corporate finance and capital markets in Korea. MJ Chung is an industry-defining, living legend in Korean legal matters.”

Minha Gang

“Detailed analysis and good advice provided.”

Ji Soo Jang

“Easily accessible and provides the extra advice and explanation that in-house counsel might need.”

Don Jeon

“Don has the innovative skill set needed to turn a losing matter into a winning one.”

Jongwon Jeon

“Managing multiple workstreams for complex legal issues.”

Ji Young Jung

“She is very responsive and professional.”

Gihoon Kim

“Gihoon shows excellence in communicating with clients, very effectively grasps the core issues, provides specific suggestions in every project and assignment we have requested from him.”

Hyosang Kim

“Hyosang's depth of knowledge and experience surprises his client. As a relationship partner, he is able to provide advice in any area and we feel extremely comfortable reaching out to him for advice on any matter. He is also good at managing client relationships. We are extremely satisfied with his service, professionalism, knowledge, and insight.”

Teo Kim

“Punctuality and professional knowledge.”

Tae Hyuk Ko

“Provides specific advice for clients as well as interpretation of the law.”

Chunsoo Lee

“He explores the most suitable solutions and provides thorough advice. He provides a clear outline for each case and develops strategies and key arguments based on thorough analysis.”

Dohyung Lee

“Dohyung shows excellence in communicating with clients, very effectively grasps the core issues, provides the most sound and reliable suggestions in any project or assignments we have requested him with.”

Hyo Je Lee

“Attorney Hyo Je Lee is a very rare attorney who is great in every aspect. He is not only bright on law, sagaciously and skillfully handling legal work, but also has a strong sense of responsibility, prepares everything carefully, and has a good relationship.”

Kyungyoon Lee

“Lee has profound experience and knowledge of global M&A deals and has ample experience in collaborating with global law firms. He is reachable and remains hands-on working with clients.”

Sangwoo Lee

“Prompt feedback and good rationale.”

Shin Kwon Lim

“He has prolonged experience in the private equity and M&A area, and is able to give guidance when uncertainty occurs.”

Jina Myung

“Provided proper advice and timely solution on our legal issue. Her advice and solution have worked well and enabled us to make our trades successfully.”

TY Nam

“Very professional and has clear communication skill besides the deep knowledge of the field.”

Hyunjae Park

“Very practical and user-friendly advice. He is very good at seeing himself in the shoes of the client and also makes sure he has a high understanding of the client's organization and situation.”

Min Chul Park

“Min Chul Park is the leading lawyer in the TMT industry. With experience as a previous government official, he has vast knowledge in technology regulations. He has deep knowledge and experience in the media and entertainment industry and is capable of providing creative solutions in the most difficult situations. He is also very responsive and provides advice in the most difficult hours - whether it is near midnight or at the weekends.”

Wanbin Park

He is really proactive and well prepared for our inquiries. I want to recommend him, especially for regulatory issues on licences and permits.”

Hyun Wook Shin

“Shin is highly professional in understanding client's concerns and addressing the exact issue with the right solutions or at least the most viable solutions which are reasonably compromising. This seems to be attributable to his up-to-date knowledge of industry-wide issues and intensive experience dealing with all kinds of issues arising from the insurance business. I would particularly recommend him because he is not only an excellent attorney but extremely easy to talk to with any issue under any circumstances. Very client-friendly and never compromises his quality of work or client's risk management.”

“Client friendly and has deep and long-standing experience as well as knowledge in the insurance sector.”

Sangmyoung Shin

“He has a comprehensive view on how to handle legal matters involving financial transactions and is proficient with coordination within Kim & Chang to come up with an effective solution.”

Jay Young-June Yang

“The best lawyer in the Korean IP field, always responsive and helpful.”

 

Work highlights 

Represented Korean Air in a global merger filing for the acquisition of 63.9% of shares in Asiana Airlines.

Represented AstraZeneca in a Korean merger filing for its acquisition of all the shares in US-based competitor Alexion Pharmaceuticals.

Represented Advanced Micro Devices in a Korean merger filing for its $35 billion acquisition of Xilinx.

Key clients

Analog Devices, eBay, Korean Air, Hyundai Motor Company

Lee & Ko

An undisputed premier firm, Lee & Ko holds steady in the rankings as a foolproof choice for its impressive roster of offshore and onshore clients. Its renowned finance practice wins plaudits from peers and clients that acknowledge its frequent role in representing lenders. The firm was elevated this year into the Oustanding tiers for labour and employment and real estate. Despite a slowdown in the capital markets, Lee & Ko’s traditional dominance in debt capital markets helped it maintain a steady flow of debt deals. Managing partner Yong Seok Ahn is recognised for his corporate and competition expertise. The firm experienced the usual inflow and outflow of talent. Notable movements in 2021 include two capital markets experts, Jung-Myung Lee, Hyeong Min Yoo joining the firm as partners. Hyun Young Ju, an antitrust and competition specialist left the firm while Jeannie Jeong filled the void to enhance the firm’s strength in this sector. The firm’s dispute resolution team has also been expanding over the past years with nine new partners on board.

Client feedback 

Dedicated legal advice on the lender side.” – Aviation and shipping

“Lee & Ko is very up to date with the regulatory requirements in South Korea and was very constructive in working with our timeline.” – Aviation and shipping

The team is very responsive and knows their stuff. Always efficient and effective at getting things done.” – Aviation and shipping

“Very clear and accurate feedback whenever an issue arises.” – Competition and antitrust

“Detailed analysis of legal principles to elaborate countermeasures. Good communication skills with clients.” – Competition and antitrust

Client-friendly attitude, full of practical advice, 24/7 seamless professional service.” – Corporate and M&A

“I can feel that they are really experts in providing legal advice for M&A deal structure, contract, due diligence and deal closing, especially in both Korea and the US.” – Corporate and M&A

“Lee & Ko accurately grasps the fact, composes legal logic elaborately, and properly asserts this during the trial.” – Dispute resolution

“Knowledgeable, predictable, collaborative.” – Dispute resolution

“Very diligent and hands-on for both US and Korean law, and provides a heads-up on any events.” – Energy

“Fast and clear responses. Extremely professional and very swift action once instructions are given” – Intellectual property

“On difficult-to-solve issues, strives to solve problems and actively presents opinions first.” – Intellectual property

“I have been working with them for several years and what astonishes me is that they are extremely enthusiastic about their work. They try to understand each case very thoroughly, checking all the details from A to Z. I got an impression that they are using every given method and resource to bring us the best result.” – Insurance

Expertise in labour and criminal matters.” – Labour and employment

“Knows the industry very well and provides advice clearly.” – Media and entertainment

“Flexibility and client-friendliness.” –Private equity

“Deeply professional and have enthusiasm for providing advice for client's legal matter.” – Regulatory

“Very detailed, hard-working and fast.” – Real estate

“Mindset for clients and deep understanding of industry-specific matters.” – Tax

Jun Woo Cho

“Always consider client's needs and perspectives.”

Chunghwan Choi

“He is very knowledgeable and responsive to our requests.”

Woojin Choi

“Dedicated legal advice.”

Chang Yeon Ho

“Proactively engages with client and depth of knowledge for the insurance industry.”

Jinyoung Jung

“Jinyoung Jung has excellent capabilities in industry sector knowledge and client relationship management.”

Sung Min Kim

“Fast response, client-oriented mind.”

Suruyn Kim

“Sincere preparation, active response to client, and knowledge of the case.”

Daehoon Koo

“Proactive.”

Jinhong Kwon

“He is open to every client.”

“He is a man of great ability on insurance matters.”

“Working with Jinhong Kwon was a great experience. He knows what teamwork is. He possesses excellent communication skills, and he and his team advise clients as a harmonized group.”

Eunwoo Lee

“Eunwoo has clearly demonstrated a very strong understanding of our client's needs. Eunwoo is also clear and practical in her advice.”

Hee Woong Lee

“Real-time response, full knowledge, and practical advice and suggestion of an alternative.”

“I would say that he has high ability of the legal side and he has provided good legal advice to me.”

Kyunghoon Lee

“Quick and friendly feedback, useful and practical advice on compliance matters.”

Miji Lee

“High-quality feedback and legal opinion on urgent issues.”

Jangwoo Park

“He's excellent at persuasion and presentation. It leads to good results in dispute resolution.”

Jung Myong Park

“He has the strongest communication skills and problem-solving ability.”

Keum Nang Park

“Rich experience in pharmaceutical patents.”

Kwang Bae Park

“Flexibility and client-friendliness.”

Sangyong Ra

“Expertise in criminal and labour issues.”

Myunghyun Ryu

“He is very responsive and knowledgeable in this business area. Having him in the team made our life much easier.”

Woo Dong Seok

He is very experienced and good at his job.”

Helen Sohn

“Long-standing experience in the aviation industry advising Korean Air Lines, and knows her stuff.”

“She is very proactive in maintaining contacts. Her clients rely on her advice.”


Work highlights 

Represented Samsung Electronics in a case concerning its unfair support of Welstory.

Represented Naver Corporation in Korea Fair Trade Commission’s investigation of the client’s abuse of dominance and unfair trade practices.

Key clients

Daewoo Shipbuilding & Marine Engineering, Hyundai Heavy Industries, Permira Group, Samsung Heavy Industries, SK Telecom

Shin & Kim

Shin & Kim maintains its esteemed reputation in the market across all areas. Peers refer to the firm with respect and say that in recent years, the firm is furthering its visibility on matters and building on its historic strengths in capital markets and real estate. The firm boasts a 12-partner strong team dedicated purely to capital markets, one of the largest among all Korean law firms, and runs its IPO and structured finance teams separately under the capital markets wing. The real estate team welcomed four partners, Hyun Lee, Ho Seuk Jang, Seung Hyun Lee, and Kishil Yang from Barun Law. The dispute resolution team is gaining momentum with the addition of eight partners. Meanwhile, 11 lawyers of the team were promoted to partners in 2022.


Work highlights 

Represented Qualcomm in the recent KFTC investigation and is representing the company in the appeal against the KFTC decision at the Korean courts.

Represented Philips in a lawsuit concerning a dispute arising from fines imposed by the foreign competition authority. Philips prevailed in all phases of trial and appeal.

Acted as the legal counsel for Asiana Airlines on anticompetition matters arising fromits share acquisition by the Korean Air Lines.

Key clients

Chubb, MKS Instruments, Stellantis, Winche

Yulchon

Yulchon secures its place in the ‘Outstanding’ band for competition, litigation, private equity and tax this year. It climbs up the rankings in the aviation and shipping, and insurance practice areas. Its famed dispute resolution practice has over 250 professionals and keeps apace with an evolving market, creating new disputes practice areas that are novel and innovative. The firm welcomed 14 new joiners over the past two years. Among them, Joon Ho Kwon, the former head of the IPO service team of the Korea Exchange, joined as a partner, and four team members have solid regulatory experience in Korea’s Financial Supervisory Service.

Client feedback 

“Quite professional and efficient. They have rich experience of internal investigations into antitrust cases.” – Competition and antitrust

“Wealth of experience of the designated lawyer. Efficient allocation of limited resources compared to competing law firms in the local market.” – Corporate and M&A

“Timely and detailed advice.” – Corporate and M&A

“Easily accessible partner, high-quality services” – Dispute resolution

“When we entrust a case to Yulchon, a team of lawyers, who are professional in the practice area, is formed for the case, including lawyers who have worked for more than 20 years as judges in the court and professionals who know the issue well. As a client, you can expect the best results. They are passionate, trying to find the best shortcut to winning, and always communicating with us. They also ask us a lot of questions to discover what we are missing or overlooking.” – Dispute resolution

“Yulchon has been able to provide high-quality professional advice on every question and query on this case and came up with the appropriate strategic plan since the start of the appointment. The team comprised all skill sets necessary to defend the case from start to finish and was also able to comprehend the stance of the accused well enough to reflect its best position in the lawsuit. Particularly the lawyer who has field experience in criminal areas from the local police has been a key player to this appointment and, with his one-step-ahead judgement against every correspondence, made it possible to draw the best outcome.” – Dispute resolution

“Their team is responsive, has very high standards and quality. They were our thought partners not only on the technical details but also on the strategy. While we were in the midst of Covid, Christopher Mandel, Wansoo Kim and Larry were supporting us above and beyond their duties. We are forever grateful for their support and care. They also have outstanding communication skills.” – Dispute resolution

“Yulchon wants to find a practical goal that clients cannot express well. Yulchon actively explores what the opponent's strategy will be.” – Dispute resolution

“Yulchon is very logical and reasonable in solving problems and providing customized services to clients.” – Dispute resolution

“Yulchon has expertise in issues related to insurance and perfectly fulfils our requirements.” – Insurance

“Yulchon’s insurance team provides all the insurance-related services that we need ranging from regulatory advice to legislative support on important insurance issues.” – Insurance

“I have been working with them for several years. What astonishes me is that they are extremely enthusiastic about their work. They try to understand each case thoroughly, checking all the details from A to Z. They were using every given method and resource to bring us the best result.” – Insurance

Seamless communication, fast and accurate feedback.” – Intellectual property

“Yulchon is the best firm in this area and is known as the best firm for defending pharmaceutical IP, which is why Boryung chose the firm.” – Intellectual property

“Expertise and enthusiasm.” – Labour and employment

“Active, professional knowledge and rich experience” – Labour and employment

“Professional, deep focus on client's view, solve the problem for client's interests even client doesn't realize it.” – Private equity

“Understands client’s needs well and provides timely advice.” – Private equity

“Yulchon always thinks and gives us professional suggestions from company perspectives.” – Regulatory

Yong Whan Choi

“Yong Whan Choi is really amazing and I believe that he is the number one lawyer related to tax issues. I know that he is really good and positive. He always tries to support his client with the best solutions and results.”

Cecil Saehoon Chung

“Very responsive and has good knowledge of the KFTC.”

“Very experienced in an antitrust investigations, having good knowledge of the automotive industry and good and clear communication skills.”

Dai Won Chung

“He has professional knowledge.”

Seung hyuk Han

“Rapid situation response.”

Woo Young Hur

“Woo Young Hur is an eminent lawyer and expert in the criminal area. He listens, understands the clients’ personal needs and tries to meet their requirements with instant feedback and appropriate advice. He thinks, considers and agonizes himself on clients’ behalf and uses all his best ability to come up with the best outcome out of each scenario.

Shin Hyunhwa

“High understanding of the insurance industry and provides client-friendly advisory services.”

Sang Tae Jeong

“Good communication skills.”

Gun Kim

Good knowledge, management skills and attitude.”

“Strong expertise and diverse experience.”

Jung Woo Lee

“A lot of experience and extensive expertise.”

“Listening skills, responsibilities, communication skills, giving solutions and insights, knowledge of various topics.”

Tea Eun Lee

“Friendly and law-based information is provided quickly.”

Christopher Mandel

“He is responsive, thoughtful and professional. He is extremely responsible and committed as evidenced by the way he supported us in a critical situation while having Covid-19.”

Il Bong Moon

He is known for his wealth of knowledge and experience in financial affairs, above all, in litigation in this area. He has more than 30 years’ experience and know-how as a judge and lawyer, so he is good at providing solutions that are right for the case. If he takes on a case, he actively seeks out facts that are favourable to us, checks possible adverse facts well, and devises necessary strategies accordingly. In Korea, there is no restriction on when to submit claims or evidence, and submissions can be made until the court issues judgment. So, instead of submitting all claims and evidence at the beginning of the case, if necessary, while looking at the other party's claims or evidence, he will submit and attack as necessary. For example, when the opposing party makes a false claim, he simply refutes the part and does not submit evidence, but when the opposing party has difficulty changing his or her opinion, he submits decisive evidence and traps the opposing party.

“He is good at storytelling and coming up with winning strategies, and he is very effective at questioning witnesses.”

Jaehyun Park

“Ability to identify and subsequently address clients' needs.”

Sung Bom Park

Knowledgeable, has rich experience and great at networking.”

Hyun Hwa Shin

“Excellent communication and problem solving skills.”

“She is the head of Yulchon’s insurance team. She is particularly helpful in offering creative solutions to complicated regulatory issues.”

“In-depth expertise in insurance issues.”

Young Su Shin

He knows what teamwork is. He possesses excellent communication skills, and he and his team advise clients as one harmonized group.”

“He is the best insurance practitioner in Korea.”

Doil Son

“Professional and attentive.”

Kim Sung Woo

“He has abundant experience in the private asset management area. He was one of the most popular and experienced judges in this area before joining Yulchon.”

Cho Sang Wook

Close interaction with the client.”

Kyung Ae Yeon

“Her expertise, experience, leadership in meetings, and willingness to resolve clients’ difficulties all point to her being the best counsel in the Korean pharmaceutical industry.”

Yong Pyo Yeom

“He is a very technically and commercially savvy lawyer and understands the client's concerns very well. He is easily accessible and responsive too.”

“Yeom is not only technically excellent but also commercially minded so he understands the intricacies of the client's commercial concerns. Yeom is easily accessible and engages in an approach of collaboration to find the most feasible solutions for the client .”

 


Work highlights 

Defending Qualcomm as co-defence counsel against the Korea Fair Trade Commission’s (KFTC) allegations of abuse of dominance in mobile communication technologies, first before the KFTC in its record-setting $920 million fine decision, then at Seoul’s high court and now before the Korean Supreme Court.

Representing Microsoft in its $70 billion acquisition of Activision Blizzard, a leading publisher of game development and interactive entertainment.

Represented KT Skylife in its acquisition of HCN and Hyundai Media.

Key clients

ESR, Evergreen Marine, GIC, Schneider Electric, Sinokor Merchant Marine, Synnex

Construction
Kim & Chang

As the largest and most dominant full-service law firm in Korea, Kim & Chang needs no introduction. It remains unchallenged across the board, maintaining its ‘Outstanding’ ranking in all practice areas and sectors. It is a first-choice firm for many multinationals, international brands and domestic conglomerates. Its sheer size allows the firm to house multiple top-notch specialists in every niche area of practice and push the boundaries of innovation with landmark and sizeable matters. The competition team welcomed talent from the National Court Administration of Korea, the Korea Fair Trade Commission (KFTC), peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s intellectual property pillar gained 17 additional lawyers from various courts and peer firms, while the dispute team was boosted by four.

Client feedback 

“Clear advice and fine documentation for deal structure.” – Aviation and shipping

“Kim & Chang has a large pool of competitive lawyers covering various areas and is able to provide comprehensive reliable legal advice concerning unconventional transactions.” – Aviation and shipping

“Kim & Chang is able to form a perfect support team for its clients, so even the most complex matters can be walked through with seasoned insights. Kim & Chang has the leading professionals in the country. Not only lawyers but also professionals of various backgrounds having the qualities that are right, needed, and appropriate.” – Competition and antitrust

“They provide specific advice for clients as well as interpretation of the law.” – Competition and antitrust

“They find creative solutions for complex issues, manage various workstreams, understand clients’ needs and stakeholders’ interests surrounding different legal matters.” – Competition and antitrust

“Provided timely advise on the transaction structure, conducted legal due diligence and drafted legal documents including shareholder's agreement, sale and purchase agreements, loan documents, security documents, etc.” – Corporate and M&A

“Kim & Chang has the proper systems in place to address clients’ requests. Based on the experience of completing multiple transactions, expertise in all relevant practice areas, and a high understanding of clients’ needs with a thoughtful attitude, the firm has significantly contributed to the process and provided the valuable legal advice we needed.” – Corporate and M&A

“Kim & Chang has profound experience and knowledge of both Korean and Chinese M&A deals and has ample experience in collaborating with Chinese local law firms. Lawyers of the firm are reachable and remain hands-on when working with clients.” – Corporate and M&A

Professional excellence and timely communication.” – Corporate and M&A

“Undisputed number one corporate finance legal advisor in Korea. The absolute quality that Kim & Chang brings to the table is way ahead of what anyone can offer on the street.” – Corporate and M&A

“They do well in communications with clients and litigation strategies. They provide clear deliverables.” – Dispute resolution

“Innovative skill set to win the case.” – Dispute resolution

“Precise and quick report, persuasive brief, successful result, reasonable costs.” – Intellectual property

“Kim & Chang’s greatest strength definitely would be that they have the best expertise. Kim & Chang has a system that not only brings together the top experts in each practice area but also allows them to fully demonstrate their abilities, which distinguishes the firm from others.” – Insurance

“Kim & Chang’s insurance team has top-notch professionals who provide a comprehensive solution to the issues. Most attorneys have an in-depth understanding of industry-wide issues and keep track of the latest legislative updates, so whenever I need to get advice on any issue, they are already aware of the issue or quickly follow client-specific concerns in the right context. If we need to engage regulators or lightly tap the regulator stance, Kim & Chang team is also capable of efficiently engaging them through its advisory group consisting of ex-FSS/FSC officials.” – Insurance

“Reliably provide the most up-to-date and accurate advice amid evolving regulations. Practical advice that is user-friendly from the perspective of in-house counsel.” – Labour and employment

“Kim & Chang’s team was very professional and incremental in providing their legal services, which led our union negotiations into a successful practice while minimizing the business risk.” – Labour and employment

“They offer active management of key stakeholders above country level and support the local management to drive effective communication and decision-making process.” – Labour and employment

“Kim & Chang is the best law firm in Korea with many experienced lawyers. As a private equity professional, I am facing many challenging situations in terms of investment and portfolio management. Kim & Chang always has helped us in a very timely manner. I particularly like the way Kim & Chang advises us decisively so that we can make decisions comfortably.” – Private equity

“The firm, with its experience in international deals, advised us of global practices.” – Private equity

“Kim & Chang showed excellence in effectively grasping the core issues and providing the most reliable advice and recommendations under each given circumstance, deriving the most favourable outcome at the KCA.” – Regulatory

“They are very good at dealing with regulatory bodies and they have special know-how on persuading the regulatory bodies.” – Regulatory

“Strong technical knowledge and good relationship with the tax authorities” – Tax

“Communicate timely and clearly.” – Tax

Sangmi Baek

“She has demonstrated expertise in her area of work.”

Yonghoon Cho

“Excellent client relationship management and capability to build trust.”

Dong Shik Choi

“Experience, reliability and integrity.”

MJ Chung

“The only lawyer I completely entrust with legal and regulatory matters related to corporate finance and capital markets in Korea. MJ Chung is an industry-defining, living legend in Korean legal matters.”

Minha Gang

“Detailed analysis and good advice provided.”

Ji Soo Jang

“Easily accessible and provides the extra advice and explanation that in-house counsel might need.”

Don Jeon

“Don has the innovative skill set needed to turn a losing matter into a winning one.”

Jongwon Jeon

“Managing multiple workstreams for complex legal issues.”

Ji Young Jung

“She is very responsive and professional.”

Gihoon Kim

“Gihoon shows excellence in communicating with clients, very effectively grasps the core issues, provides specific suggestions in every project and assignment we have requested from him.”

Hyosang Kim

“Hyosang's depth of knowledge and experience surprises his client. As a relationship partner, he is able to provide advice in any area and we feel extremely comfortable reaching out to him for advice on any matter. He is also good at managing client relationships. We are extremely satisfied with his service, professionalism, knowledge, and insight.”

Teo Kim

“Punctuality and professional knowledge.”

Tae Hyuk Ko

“Provides specific advice for clients as well as interpretation of the law.”

Chunsoo Lee

“He explores the most suitable solutions and provides thorough advice. He provides a clear outline for each case and develops strategies and key arguments based on thorough analysis.”

Dohyung Lee

“Dohyung shows excellence in communicating with clients, very effectively grasps the core issues, provides the most sound and reliable suggestions in any project or assignments we have requested him with.”

Hyo Je Lee

“Attorney Hyo Je Lee is a very rare attorney who is great in every aspect. He is not only bright on law, sagaciously and skillfully handling legal work, but also has a strong sense of responsibility, prepares everything carefully, and has a good relationship.”

Kyungyoon Lee

“Lee has profound experience and knowledge of global M&A deals and has ample experience in collaborating with global law firms. He is reachable and remains hands-on working with clients.”

Sangwoo Lee

“Prompt feedback and good rationale.”

Shin Kwon Lim

“He has prolonged experience in the private equity and M&A area, and is able to give guidance when uncertainty occurs.”

Jina Myung

“Provided proper advice and timely solution on our legal issue. Her advice and solution have worked well and enabled us to make our trades successfully.”

TY Nam

“Very professional and has clear communication skill besides the deep knowledge of the field.”

Hyunjae Park

“Very practical and user-friendly advice. He is very good at seeing himself in the shoes of the client and also makes sure he has a high understanding of the client's organization and situation.”

Min Chul Park

“Min Chul Park is the leading lawyer in the TMT industry. With experience as a previous government official, he has vast knowledge in technology regulations. He has deep knowledge and experience in the media and entertainment industry and is capable of providing creative solutions in the most difficult situations. He is also very responsive and provides advice in the most difficult hours - whether it is near midnight or at the weekends.”

Wanbin Park

He is really proactive and well prepared for our inquiries. I want to recommend him, especially for regulatory issues on licences and permits.”

Hyun Wook Shin

“Shin is highly professional in understanding client's concerns and addressing the exact issue with the right solutions or at least the most viable solutions which are reasonably compromising. This seems to be attributable to his up-to-date knowledge of industry-wide issues and intensive experience dealing with all kinds of issues arising from the insurance business. I would particularly recommend him because he is not only an excellent attorney but extremely easy to talk to with any issue under any circumstances. Very client-friendly and never compromises his quality of work or client's risk management.”

“Client friendly and has deep and long-standing experience as well as knowledge in the insurance sector.”

Sangmyoung Shin

“He has a comprehensive view on how to handle legal matters involving financial transactions and is proficient with coordination within Kim & Chang to come up with an effective solution.”

Jay Young-June Yang

“The best lawyer in the Korean IP field, always responsive and helpful.”

 

Work highlights 

Acted as legal counsel for a local Korean public enterprise in a lawsuit seeking revocation of a disposition imposing development charges.

Yulchon

Yulchon secures its place in the ‘Outstanding’ band for competition, litigation, private equity and tax this year. It climbs up the rankings in the aviation and shipping, and insurance practice areas. Its famed dispute resolution practice has over 250 professionals and keeps apace with an evolving market, creating new disputes practice areas that are novel and innovative. The firm welcomed 14 new joiners over the past two years. Among them, Joon Ho Kwon, the former head of the IPO service team of the Korea Exchange, joined as a partner, and four team members have solid regulatory experience in Korea’s Financial Supervisory Service.

Client feedback 

“Quite professional and efficient. They have rich experience of internal investigations into antitrust cases.” – Competition and antitrust

“Wealth of experience of the designated lawyer. Efficient allocation of limited resources compared to competing law firms in the local market.” – Corporate and M&A

“Timely and detailed advice.” – Corporate and M&A

“Easily accessible partner, high-quality services” – Dispute resolution

“When we entrust a case to Yulchon, a team of lawyers, who are professional in the practice area, is formed for the case, including lawyers who have worked for more than 20 years as judges in the court and professionals who know the issue well. As a client, you can expect the best results. They are passionate, trying to find the best shortcut to winning, and always communicating with us. They also ask us a lot of questions to discover what we are missing or overlooking.” – Dispute resolution

“Yulchon has been able to provide high-quality professional advice on every question and query on this case and came up with the appropriate strategic plan since the start of the appointment. The team comprised all skill sets necessary to defend the case from start to finish and was also able to comprehend the stance of the accused well enough to reflect its best position in the lawsuit. Particularly the lawyer who has field experience in criminal areas from the local police has been a key player to this appointment and, with his one-step-ahead judgement against every correspondence, made it possible to draw the best outcome.” – Dispute resolution

“Their team is responsive, has very high standards and quality. They were our thought partners not only on the technical details but also on the strategy. While we were in the midst of Covid, Christopher Mandel, Wansoo Kim and Larry were supporting us above and beyond their duties. We are forever grateful for their support and care. They also have outstanding communication skills.” – Dispute resolution

“Yulchon wants to find a practical goal that clients cannot express well. Yulchon actively explores what the opponent's strategy will be.” – Dispute resolution

“Yulchon is very logical and reasonable in solving problems and providing customized services to clients.” – Dispute resolution

“Yulchon has expertise in issues related to insurance and perfectly fulfils our requirements.” – Insurance

“Yulchon’s insurance team provides all the insurance-related services that we need ranging from regulatory advice to legislative support on important insurance issues.” – Insurance

“I have been working with them for several years. What astonishes me is that they are extremely enthusiastic about their work. They try to understand each case thoroughly, checking all the details from A to Z. They were using every given method and resource to bring us the best result.” – Insurance

Seamless communication, fast and accurate feedback.” – Intellectual property

“Yulchon is the best firm in this area and is known as the best firm for defending pharmaceutical IP, which is why Boryung chose the firm.” – Intellectual property

“Expertise and enthusiasm.” – Labour and employment

“Active, professional knowledge and rich experience” – Labour and employment

“Professional, deep focus on client's view, solve the problem for client's interests even client doesn't realize it.” – Private equity

“Understands client’s needs well and provides timely advice.” – Private equity

“Yulchon always thinks and gives us professional suggestions from company perspectives.” – Regulatory

Yong Whan Choi

“Yong Whan Choi is really amazing and I believe that he is the number one lawyer related to tax issues. I know that he is really good and positive. He always tries to support his client with the best solutions and results.”

Cecil Saehoon Chung

“Very responsive and has good knowledge of the KFTC.”

“Very experienced in an antitrust investigations, having good knowledge of the automotive industry and good and clear communication skills.”

Dai Won Chung

“He has professional knowledge.”

Seung hyuk Han

“Rapid situation response.”

Woo Young Hur

“Woo Young Hur is an eminent lawyer and expert in the criminal area. He listens, understands the clients’ personal needs and tries to meet their requirements with instant feedback and appropriate advice. He thinks, considers and agonizes himself on clients’ behalf and uses all his best ability to come up with the best outcome out of each scenario.

Shin Hyunhwa

“High understanding of the insurance industry and provides client-friendly advisory services.”

Sang Tae Jeong

“Good communication skills.”

Gun Kim

Good knowledge, management skills and attitude.”

“Strong expertise and diverse experience.”

Jung Woo Lee

“A lot of experience and extensive expertise.”

“Listening skills, responsibilities, communication skills, giving solutions and insights, knowledge of various topics.”

Tea Eun Lee

“Friendly and law-based information is provided quickly.”

Christopher Mandel

“He is responsive, thoughtful and professional. He is extremely responsible and committed as evidenced by the way he supported us in a critical situation while having Covid-19.”

Il Bong Moon

He is known for his wealth of knowledge and experience in financial affairs, above all, in litigation in this area. He has more than 30 years’ experience and know-how as a judge and lawyer, so he is good at providing solutions that are right for the case. If he takes on a case, he actively seeks out facts that are favourable to us, checks possible adverse facts well, and devises necessary strategies accordingly. In Korea, there is no restriction on when to submit claims or evidence, and submissions can be made until the court issues judgment. So, instead of submitting all claims and evidence at the beginning of the case, if necessary, while looking at the other party's claims or evidence, he will submit and attack as necessary. For example, when the opposing party makes a false claim, he simply refutes the part and does not submit evidence, but when the opposing party has difficulty changing his or her opinion, he submits decisive evidence and traps the opposing party.

“He is good at storytelling and coming up with winning strategies, and he is very effective at questioning witnesses.”

Jaehyun Park

“Ability to identify and subsequently address clients' needs.”

Sung Bom Park

Knowledgeable, has rich experience and great at networking.”

Hyun Hwa Shin

“Excellent communication and problem solving skills.”

“She is the head of Yulchon’s insurance team. She is particularly helpful in offering creative solutions to complicated regulatory issues.”

“In-depth expertise in insurance issues.”

Young Su Shin

He knows what teamwork is. He possesses excellent communication skills, and he and his team advise clients as one harmonized group.”

“He is the best insurance practitioner in Korea.”

Doil Son

“Professional and attentive.”

Kim Sung Woo

“He has abundant experience in the private asset management area. He was one of the most popular and experienced judges in this area before joining Yulchon.”

Cho Sang Wook

Close interaction with the client.”

Kyung Ae Yeon

“Her expertise, experience, leadership in meetings, and willingness to resolve clients’ difficulties all point to her being the best counsel in the Korean pharmaceutical industry.”

Yong Pyo Yeom

“He is a very technically and commercially savvy lawyer and understands the client's concerns very well. He is easily accessible and responsive too.”

“Yeom is not only technically excellent but also commercially minded so he understands the intricacies of the client's commercial concerns. Yeom is easily accessible and engages in an approach of collaboration to find the most feasible solutions for the client .”

 


Work highlights 

Representing a number of construction companies in 17 lawsuits and arbitrations relating to the Yongsan Relocation Project against the Republic of Korea and the Korea Land and Housing Corporation.

Represented a consortium of five construction companies including Ilju Engineering & Construction to win a lawsuit seeking payment of construction costs for the installation of Seoul Metropolitan High-Speed Railway Section 2 roadbeds.

Represented Sejong City and won a lawsuit seeking cancellation of charge imposed on the client for the construction of the phase 1 water supply system.

Key clients

Dohwa Engineering, Hyundai E&C, Kyunghwa Engineering,SK E&C,Shinhwa Development

Corporate and M&A
Jipyong

Jipyong is a well-rounded firm that offers representation across all key practice areas and core industries. The firm’s competition and labour and employment practices are highly regarded by peers and clients. Managing partner and labour specialist Ji Hyung Kim is widely-respected in the market, noted as a ‘pillar of industry’ by peers for his extensive experience in this field. Gee Hong Kim frequently acts as lead partner in competition and antitrust cases, and many of the firm’s top M&A matters last year featured corporate partners Cheol Jeong and Min Shin. The equity capital markets practice has an impressive record as issuer’s counsel on numerous listings, including those for SK Biopharmaceuticals and Kakao Games. The firm is deepening its regional footprint with on-the-ground operations in a number of emerging markets such as Indonesia, Myanmar, Laos, and Vietnam. Kyung Taek Park, a partner specialising in banking and finance, left the firm in 2022.

Client feedback 

“Jipyong understands the entertainment industry very well.” – Media and entertainment

“They provide professional legal knowledge and sharing of know-how.” – Real estate

Moonhee Kim

“As far as I know she has been counselling this industry quite long, which gives her lots of experience and diverse perspectives.”


Work highlights 

Advised SK Materials on its physical division and merger with SK.

Advised SK Innovation on the splitting of its battery and exploration and production (E&P) business divisions into SK On and SK Earthon, respectively.

Advised STIC Investments on its merger with DPC, its listed parent company.

Advised 11 companies including Naver Financial on the investment in HappyFresh, a food delivery services platform operating its business in Indonesia, Thailand and Malaysia.

Advised Hanwha Solutions on a transaction concerning the transfer of Samsung Electro-Mechanics Wi-fi module business and the equity in their Thai subsidiary.

Advised a private equity fund managed by Aarden Partners and Woori Private Equity Asset Management on the acquisition of Global Brands Group Korea.

Key clients

Aarden Partners, Hanwha Solutions, KB Securities, KCC Glass, SK Chemicals, SK ecoplant

LAB Partners

Young corporate and financial law boutique firm LAB Partners hit the ground running when it opened three years ago, offering sophisticated advice in all core areas of law. Its panoply of founding partners were already recognised by the market as leaders in their areas, having honed their expertise at other leading Korean firms. The firm has been savvily characterised by local media as ‘the Avengers of corporate legal practice’. Managing partner and structured finance and securitisation doyenne Young-Hee Jo helms a leadership team that includes Jinho Ahn, Jinho Kim, Youngju Kim and Kwangbok Kim. The firm clearly demonstrates strengths in the finance space, particularly in banking, securities and asset management. Jo is a go-to name for securitisation matters. Hyunwoo Kim, a partner specialising in capital markets, left the firm in 2022.

Client feedbacks

“Well versed in Korean asset-backed securities transactions, always patient with addressing queries, exceeds expectations despite the complexities and tight timelines involved in deals.” – Banking and finance

Young Hee Jo

“Possesses deep expertise in Korean asset-backed financing industry.”


Work highlights

Advised NP Growth 5th PEF and KRNP SPC on their sale of 93.6% of the existing shares of Kreits Investment Management.

Advised Korea Rental Corporation on its sale of 64.8% of the total shares in Rental.

Advised Welcome Capital Corporation on its acquisition of all the shares of Assetone.

Key clients

KB Securities, LIB Materials Components Equipment New Tech Investment 1st Association, META ESG Private Equity Fund 1, SG Core

Lee & Ko

An undisputed premier firm, Lee & Ko holds steady in the rankings as a foolproof choice for its impressive roster of offshore and onshore clients. Its renowned finance practice wins plaudits from peers and clients that acknowledge its frequent role in representing lenders. The firm was elevated this year into the Oustanding tiers for labour and employment and real estate. Despite a slowdown in the capital markets, Lee & Ko’s traditional dominance in debt capital markets helped it maintain a steady flow of debt deals. Managing partner Yong Seok Ahn is recognised for his corporate and competition expertise. The firm experienced the usual inflow and outflow of talent. Notable movements in 2021 include two capital markets experts, Jung-Myung Lee, Hyeong Min Yoo joining the firm as partners. Hyun Young Ju, an antitrust and competition specialist left the firm while Jeannie Jeong filled the void to enhance the firm’s strength in this sector. The firm’s dispute resolution team has also been expanding over the past years with nine new partners on board.

Client feedback 

Dedicated legal advice on the lender side.” – Aviation and shipping

“Lee & Ko is very up to date with the regulatory requirements in South Korea and was very constructive in working with our timeline.” – Aviation and shipping

The team is very responsive and knows their stuff. Always efficient and effective at getting things done.” – Aviation and shipping

“Very clear and accurate feedback whenever an issue arises.” – Competition and antitrust

“Detailed analysis of legal principles to elaborate countermeasures. Good communication skills with clients.” – Competition and antitrust

Client-friendly attitude, full of practical advice, 24/7 seamless professional service.” – Corporate and M&A

“I can feel that they are really experts in providing legal advice for M&A deal structure, contract, due diligence and deal closing, especially in both Korea and the US.” – Corporate and M&A

“Lee & Ko accurately grasps the fact, composes legal logic elaborately, and properly asserts this during the trial.” – Dispute resolution

“Knowledgeable, predictable, collaborative.” – Dispute resolution

“Very diligent and hands-on for both US and Korean law, and provides a heads-up on any events.” – Energy

“Fast and clear responses. Extremely professional and very swift action once instructions are given” – Intellectual property

“On difficult-to-solve issues, strives to solve problems and actively presents opinions first.” – Intellectual property

“I have been working with them for several years and what astonishes me is that they are extremely enthusiastic about their work. They try to understand each case very thoroughly, checking all the details from A to Z. I got an impression that they are using every given method and resource to bring us the best result.” – Insurance

Expertise in labour and criminal matters.” – Labour and employment

“Knows the industry very well and provides advice clearly.” – Media and entertainment

“Flexibility and client-friendliness.” –Private equity

“Deeply professional and have enthusiasm for providing advice for client's legal matter.” – Regulatory

“Very detailed, hard-working and fast.” – Real estate

“Mindset for clients and deep understanding of industry-specific matters.” – Tax

Jun Woo Cho

“Always consider client's needs and perspectives.”

Chunghwan Choi

“He is very knowledgeable and responsive to our requests.”

Woojin Choi

“Dedicated legal advice.”

Chang Yeon Ho

“Proactively engages with client and depth of knowledge for the insurance industry.”

Jinyoung Jung

“Jinyoung Jung has excellent capabilities in industry sector knowledge and client relationship management.”

Sung Min Kim

“Fast response, client-oriented mind.”

Suruyn Kim

“Sincere preparation, active response to client, and knowledge of the case.”

Daehoon Koo

“Proactive.”

Jinhong Kwon

“He is open to every client.”

“He is a man of great ability on insurance matters.”

“Working with Jinhong Kwon was a great experience. He knows what teamwork is. He possesses excellent communication skills, and he and his team advise clients as a harmonized group.”

Eunwoo Lee

“Eunwoo has clearly demonstrated a very strong understanding of our client's needs. Eunwoo is also clear and practical in her advice.”

Hee Woong Lee

“Real-time response, full knowledge, and practical advice and suggestion of an alternative.”

“I would say that he has high ability of the legal side and he has provided good legal advice to me.”

Kyunghoon Lee

“Quick and friendly feedback, useful and practical advice on compliance matters.”

Miji Lee

“High-quality feedback and legal opinion on urgent issues.”

Jangwoo Park

“He's excellent at persuasion and presentation. It leads to good results in dispute resolution.”

Jung Myong Park

“He has the strongest communication skills and problem-solving ability.”

Keum Nang Park

“Rich experience in pharmaceutical patents.”

Kwang Bae Park

“Flexibility and client-friendliness.”

Sangyong Ra

“Expertise in criminal and labour issues.”

Myunghyun Ryu

“He is very responsive and knowledgeable in this business area. Having him in the team made our life much easier.”

Woo Dong Seok

He is very experienced and good at his job.”

Helen Sohn

“Long-standing experience in the aviation industry advising Korean Air Lines, and knows her stuff.”

“She is very proactive in maintaining contacts. Her clients rely on her advice.”


Work highlights 

Acted as the main legal advisor to Scott Bruner and Scott Borchetta, the key shareholders of Ithaca Holdings, on its acquisition by Hybe.

Advised E-Mart on its £1.18 billion acquisition of Starbucks Korea from Starbucks Coffee International.

Advised Permira Fund and GS Retail on the acquisition of Delivery Hero Korea.

Key clients

Aphrodite Acquisition Holdings, Biogen Therapeutics, Netmarble, SK Innovation, H&Q Korea

Seum Law

Seum Law is a boutique law firm that is focused on the technology and telecommunications sphere, and is recognised for advising startups and venture capitalists. It remains strong in the ‘Highly recommended’ tier for technology and telecommunications, an acknowledgement of its commitment to this area, particularly for early-stage players. The firm does not profess to compete with its larger counterparts for big-ticket mandates, but rather has steadily increased its profile among mid-market clients. Managing partner Hoseok Jung and partner Joonbum Cheon lead the firm. It welcomed Jungok Yun as a partner from Shin & Kim in 2021. Joonbum Cheon left the firm in 2021.


Work highlights

Advised AI semiconductor startup FuriosaAI on its Series B funding round. This largest investment in a Korean semiconductor startup to date.

Advised private equity fund Alpha Vista Investment in its acquisition of 100% of the equity in Global Brands Korea.

Advised Korean mobile tattoo startup Prinker Korea in its $3 million investment from L’Oréal Group.

Advised local community platform operator Danggeun Market on its Series D investment round.

Key clients

Cardiac Insight, Channel, Dable, Greenoaks Capital, Hashed Ventures, NYCA Partners, SK Gas

Shin & Kim

Shin & Kim maintains its esteemed reputation in the market across all areas. Peers refer to the firm with respect and say that in recent years, the firm is furthering its visibility on matters and building on its historic strengths in capital markets and real estate. The firm boasts a 12-partner strong team dedicated purely to capital markets, one of the largest among all Korean law firms, and runs its IPO and structured finance teams separately under the capital markets wing. The real estate team welcomed four partners, Hyun Lee, Ho Seuk Jang, Seung Hyun Lee, and Kishil Yang from Barun Law. The dispute resolution team is gaining momentum with the addition of eight partners. Meanwhile, 11 lawyers of the team were promoted to partners in 2022.


Work highlights 

Acted as counsel for Chubb on its acquisition of LINA Life Insurance of Korea, Cigna Korea and LINA Financial Service. This is one of the biggest inbound and financial institution M&A transactions ever in Korea.

Advised Kakao and its affiliates on the restructuring of the group’s business.

Acted as counsel for GIC on its investment in Starbucks Coffee Korea.

Advised Chubb for the acquisition of Cigna Korea’s business across seven countries.

Key clients

CJ ENM, Heimdall Private Equity, KCC, Mando, SK E&S

Yulchon

Yulchon secures its place in the ‘Outstanding’ band for competition, litigation, private equity and tax this year. It climbs up the rankings in the aviation and shipping, and insurance practice areas. Its famed dispute resolution practice has over 250 professionals and keeps apace with an evolving market, creating new disputes practice areas that are novel and innovative. The firm welcomed 14 new joiners over the past two years. Among them, Joon Ho Kwon, the former head of the IPO service team of the Korea Exchange, joined as a partner, and four team members have solid regulatory experience in Korea’s Financial Supervisory Service.

Client feedback 

“Quite professional and efficient. They have rich experience of internal investigations into antitrust cases.” – Competition and antitrust

“Wealth of experience of the designated lawyer. Efficient allocation of limited resources compared to competing law firms in the local market.” – Corporate and M&A

“Timely and detailed advice.” – Corporate and M&A

“Easily accessible partner, high-quality services” – Dispute resolution

“When we entrust a case to Yulchon, a team of lawyers, who are professional in the practice area, is formed for the case, including lawyers who have worked for more than 20 years as judges in the court and professionals who know the issue well. As a client, you can expect the best results. They are passionate, trying to find the best shortcut to winning, and always communicating with us. They also ask us a lot of questions to discover what we are missing or overlooking.” – Dispute resolution

“Yulchon has been able to provide high-quality professional advice on every question and query on this case and came up with the appropriate strategic plan since the start of the appointment. The team comprised all skill sets necessary to defend the case from start to finish and was also able to comprehend the stance of the accused well enough to reflect its best position in the lawsuit. Particularly the lawyer who has field experience in criminal areas from the local police has been a key player to this appointment and, with his one-step-ahead judgement against every correspondence, made it possible to draw the best outcome.” – Dispute resolution

“Their team is responsive, has very high standards and quality. They were our thought partners not only on the technical details but also on the strategy. While we were in the midst of Covid, Christopher Mandel, Wansoo Kim and Larry were supporting us above and beyond their duties. We are forever grateful for their support and care. They also have outstanding communication skills.” – Dispute resolution

“Yulchon wants to find a practical goal that clients cannot express well. Yulchon actively explores what the opponent's strategy will be.” – Dispute resolution

“Yulchon is very logical and reasonable in solving problems and providing customized services to clients.” – Dispute resolution

“Yulchon has expertise in issues related to insurance and perfectly fulfils our requirements.” – Insurance

“Yulchon’s insurance team provides all the insurance-related services that we need ranging from regulatory advice to legislative support on important insurance issues.” – Insurance

“I have been working with them for several years. What astonishes me is that they are extremely enthusiastic about their work. They try to understand each case thoroughly, checking all the details from A to Z. They were using every given method and resource to bring us the best result.” – Insurance

Seamless communication, fast and accurate feedback.” – Intellectual property

“Yulchon is the best firm in this area and is known as the best firm for defending pharmaceutical IP, which is why Boryung chose the firm.” – Intellectual property

“Expertise and enthusiasm.” – Labour and employment

“Active, professional knowledge and rich experience” – Labour and employment

“Professional, deep focus on client's view, solve the problem for client's interests even client doesn't realize it.” – Private equity

“Understands client’s needs well and provides timely advice.” – Private equity

“Yulchon always thinks and gives us professional suggestions from company perspectives.” – Regulatory

Yong Whan Choi

“Yong Whan Choi is really amazing and I believe that he is the number one lawyer related to tax issues. I know that he is really good and positive. He always tries to support his client with the best solutions and results.”

Cecil Saehoon Chung

“Very responsive and has good knowledge of the KFTC.”

“Very experienced in an antitrust investigations, having good knowledge of the automotive industry and good and clear communication skills.”

Dai Won Chung

“He has professional knowledge.”

Seung hyuk Han

“Rapid situation response.”

Woo Young Hur

“Woo Young Hur is an eminent lawyer and expert in the criminal area. He listens, understands the clients’ personal needs and tries to meet their requirements with instant feedback and appropriate advice. He thinks, considers and agonizes himself on clients’ behalf and uses all his best ability to come up with the best outcome out of each scenario.

Shin Hyunhwa

“High understanding of the insurance industry and provides client-friendly advisory services.”

Sang Tae Jeong

“Good communication skills.”

Gun Kim

Good knowledge, management skills and attitude.”

“Strong expertise and diverse experience.”

Jung Woo Lee

“A lot of experience and extensive expertise.”

“Listening skills, responsibilities, communication skills, giving solutions and insights, knowledge of various topics.”

Tea Eun Lee

“Friendly and law-based information is provided quickly.”

Christopher Mandel

“He is responsive, thoughtful and professional. He is extremely responsible and committed as evidenced by the way he supported us in a critical situation while having Covid-19.”

Il Bong Moon

He is known for his wealth of knowledge and experience in financial affairs, above all, in litigation in this area. He has more than 30 years’ experience and know-how as a judge and lawyer, so he is good at providing solutions that are right for the case. If he takes on a case, he actively seeks out facts that are favourable to us, checks possible adverse facts well, and devises necessary strategies accordingly. In Korea, there is no restriction on when to submit claims or evidence, and submissions can be made until the court issues judgment. So, instead of submitting all claims and evidence at the beginning of the case, if necessary, while looking at the other party's claims or evidence, he will submit and attack as necessary. For example, when the opposing party makes a false claim, he simply refutes the part and does not submit evidence, but when the opposing party has difficulty changing his or her opinion, he submits decisive evidence and traps the opposing party.

“He is good at storytelling and coming up with winning strategies, and he is very effective at questioning witnesses.”

Jaehyun Park

“Ability to identify and subsequently address clients' needs.”

Sung Bom Park

Knowledgeable, has rich experience and great at networking.”

Hyun Hwa Shin

“Excellent communication and problem solving skills.”

“She is the head of Yulchon’s insurance team. She is particularly helpful in offering creative solutions to complicated regulatory issues.”

“In-depth expertise in insurance issues.”

Young Su Shin

He knows what teamwork is. He possesses excellent communication skills, and he and his team advise clients as one harmonized group.”

“He is the best insurance practitioner in Korea.”

Doil Son

“Professional and attentive.”

Kim Sung Woo

“He has abundant experience in the private asset management area. He was one of the most popular and experienced judges in this area before joining Yulchon.”

Cho Sang Wook

Close interaction with the client.”

Kyung Ae Yeon

“Her expertise, experience, leadership in meetings, and willingness to resolve clients’ difficulties all point to her being the best counsel in the Korean pharmaceutical industry.”

Yong Pyo Yeom

“He is a very technically and commercially savvy lawyer and understands the client's concerns very well. He is easily accessible and responsive too.”

“Yeom is not only technically excellent but also commercially minded so he understands the intricacies of the client's commercial concerns. Yeom is easily accessible and engages in an approach of collaboration to find the most feasible solutions for the client .”

 


Work highlights 

Advised Hillhouse Capital Management, Altos Ventures and GS PIA on the sale of their 87.3% equity stake in Woowa Brothers.

Advised CJ ENM on acquiring a controlling stake in Million Volt animation studio.

Advised Unknown Worlds Entertainment, a US video game developer, on its sale of a 100% equity stake to Krafton.

Key clients

Glenwood Private Equity, KT Group, The Carlyle Group

Dispute resolution
Jipyong

Jipyong is a well-rounded firm that offers representation across all key practice areas and core industries. The firm’s competition and labour and employment practices are highly regarded by peers and clients. Managing partner and labour specialist Ji Hyung Kim is widely-respected in the market, noted as a ‘pillar of industry’ by peers for his extensive experience in this field. Gee Hong Kim frequently acts as lead partner in competition and antitrust cases, and many of the firm’s top M&A matters last year featured corporate partners Cheol Jeong and Min Shin. The equity capital markets practice has an impressive record as issuer’s counsel on numerous listings, including those for SK Biopharmaceuticals and Kakao Games. The firm is deepening its regional footprint with on-the-ground operations in a number of emerging markets such as Indonesia, Myanmar, Laos, and Vietnam. Kyung Taek Park, a partner specialising in banking and finance, left the firm in 2022.

Client feedback 

“Jipyong understands the entertainment industry very well.” – Media and entertainment

“They provide professional legal knowledge and sharing of know-how.” – Real estate

Moonhee Kim

“As far as I know she has been counselling this industry quite long, which gives her lots of experience and diverse perspectives.”


Work highlights 

Represented activist shareholders such as NaviStock in filing a shareholder proposal to lead Eusu Holdings to distribute dividends.

Represented Sajo Industries in all the claims raised by its minority shareholders for provisional dispositions to inspect accounting books and records.

Represented Korea Communications Commission in a constitutional complaint in connection with Article 4 (2) of the Broadcasting Act, which led to the Constitutional Court’s unanimous ruling to uphold the constitutionality.

Kim & Chang

As the largest and most dominant full-service law firm in Korea, Kim & Chang needs no introduction. It remains unchallenged across the board, maintaining its ‘Outstanding’ ranking in all practice areas and sectors. It is a first-choice firm for many multinationals, international brands and domestic conglomerates. Its sheer size allows the firm to house multiple top-notch specialists in every niche area of practice and push the boundaries of innovation with landmark and sizeable matters. The competition team welcomed talent from the National Court Administration of Korea, the Korea Fair Trade Commission (KFTC), peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s intellectual property pillar gained 17 additional lawyers from various courts and peer firms, while the dispute team was boosted by four.

Client feedback 

“Clear advice and fine documentation for deal structure.” – Aviation and shipping

“Kim & Chang has a large pool of competitive lawyers covering various areas and is able to provide comprehensive reliable legal advice concerning unconventional transactions.” – Aviation and shipping

“Kim & Chang is able to form a perfect support team for its clients, so even the most complex matters can be walked through with seasoned insights. Kim & Chang has the leading professionals in the country. Not only lawyers but also professionals of various backgrounds having the qualities that are right, needed, and appropriate.” – Competition and antitrust

“They provide specific advice for clients as well as interpretation of the law.” – Competition and antitrust

“They find creative solutions for complex issues, manage various workstreams, understand clients’ needs and stakeholders’ interests surrounding different legal matters.” – Competition and antitrust

“Provided timely advise on the transaction structure, conducted legal due diligence and drafted legal documents including shareholder's agreement, sale and purchase agreements, loan documents, security documents, etc.” – Corporate and M&A

“Kim & Chang has the proper systems in place to address clients’ requests. Based on the experience of completing multiple transactions, expertise in all relevant practice areas, and a high understanding of clients’ needs with a thoughtful attitude, the firm has significantly contributed to the process and provided the valuable legal advice we needed.” – Corporate and M&A

“Kim & Chang has profound experience and knowledge of both Korean and Chinese M&A deals and has ample experience in collaborating with Chinese local law firms. Lawyers of the firm are reachable and remain hands-on when working with clients.” – Corporate and M&A

Professional excellence and timely communication.” – Corporate and M&A

“Undisputed number one corporate finance legal advisor in Korea. The absolute quality that Kim & Chang brings to the table is way ahead of what anyone can offer on the street.” – Corporate and M&A

“They do well in communications with clients and litigation strategies. They provide clear deliverables.” – Dispute resolution

“Innovative skill set to win the case.” – Dispute resolution

“Precise and quick report, persuasive brief, successful result, reasonable costs.” – Intellectual property

“Kim & Chang’s greatest strength definitely would be that they have the best expertise. Kim & Chang has a system that not only brings together the top experts in each practice area but also allows them to fully demonstrate their abilities, which distinguishes the firm from others.” – Insurance

“Kim & Chang’s insurance team has top-notch professionals who provide a comprehensive solution to the issues. Most attorneys have an in-depth understanding of industry-wide issues and keep track of the latest legislative updates, so whenever I need to get advice on any issue, they are already aware of the issue or quickly follow client-specific concerns in the right context. If we need to engage regulators or lightly tap the regulator stance, Kim & Chang team is also capable of efficiently engaging them through its advisory group consisting of ex-FSS/FSC officials.” – Insurance

“Reliably provide the most up-to-date and accurate advice amid evolving regulations. Practical advice that is user-friendly from the perspective of in-house counsel.” – Labour and employment

“Kim & Chang’s team was very professional and incremental in providing their legal services, which led our union negotiations into a successful practice while minimizing the business risk.” – Labour and employment

“They offer active management of key stakeholders above country level and support the local management to drive effective communication and decision-making process.” – Labour and employment

“Kim & Chang is the best law firm in Korea with many experienced lawyers. As a private equity professional, I am facing many challenging situations in terms of investment and portfolio management. Kim & Chang always has helped us in a very timely manner. I particularly like the way Kim & Chang advises us decisively so that we can make decisions comfortably.” – Private equity

“The firm, with its experience in international deals, advised us of global practices.” – Private equity

“Kim & Chang showed excellence in effectively grasping the core issues and providing the most reliable advice and recommendations under each given circumstance, deriving the most favourable outcome at the KCA.” – Regulatory

“They are very good at dealing with regulatory bodies and they have special know-how on persuading the regulatory bodies.” – Regulatory

“Strong technical knowledge and good relationship with the tax authorities” – Tax

“Communicate timely and clearly.” – Tax

Sangmi Baek

“She has demonstrated expertise in her area of work.”

Yonghoon Cho

“Excellent client relationship management and capability to build trust.”

Dong Shik Choi

“Experience, reliability and integrity.”

MJ Chung

“The only lawyer I completely entrust with legal and regulatory matters related to corporate finance and capital markets in Korea. MJ Chung is an industry-defining, living legend in Korean legal matters.”

Minha Gang

“Detailed analysis and good advice provided.”

Ji Soo Jang

“Easily accessible and provides the extra advice and explanation that in-house counsel might need.”

Don Jeon

“Don has the innovative skill set needed to turn a losing matter into a winning one.”

Jongwon Jeon

“Managing multiple workstreams for complex legal issues.”

Ji Young Jung

“She is very responsive and professional.”

Gihoon Kim

“Gihoon shows excellence in communicating with clients, very effectively grasps the core issues, provides specific suggestions in every project and assignment we have requested from him.”

Hyosang Kim

“Hyosang's depth of knowledge and experience surprises his client. As a relationship partner, he is able to provide advice in any area and we feel extremely comfortable reaching out to him for advice on any matter. He is also good at managing client relationships. We are extremely satisfied with his service, professionalism, knowledge, and insight.”

Teo Kim

“Punctuality and professional knowledge.”

Tae Hyuk Ko

“Provides specific advice for clients as well as interpretation of the law.”

Chunsoo Lee

“He explores the most suitable solutions and provides thorough advice. He provides a clear outline for each case and develops strategies and key arguments based on thorough analysis.”

Dohyung Lee

“Dohyung shows excellence in communicating with clients, very effectively grasps the core issues, provides the most sound and reliable suggestions in any project or assignments we have requested him with.”

Hyo Je Lee

“Attorney Hyo Je Lee is a very rare attorney who is great in every aspect. He is not only bright on law, sagaciously and skillfully handling legal work, but also has a strong sense of responsibility, prepares everything carefully, and has a good relationship.”

Kyungyoon Lee

“Lee has profound experience and knowledge of global M&A deals and has ample experience in collaborating with global law firms. He is reachable and remains hands-on working with clients.”

Sangwoo Lee

“Prompt feedback and good rationale.”

Shin Kwon Lim

“He has prolonged experience in the private equity and M&A area, and is able to give guidance when uncertainty occurs.”

Jina Myung

“Provided proper advice and timely solution on our legal issue. Her advice and solution have worked well and enabled us to make our trades successfully.”

TY Nam

“Very professional and has clear communication skill besides the deep knowledge of the field.”

Hyunjae Park

“Very practical and user-friendly advice. He is very good at seeing himself in the shoes of the client and also makes sure he has a high understanding of the client's organization and situation.”

Min Chul Park

“Min Chul Park is the leading lawyer in the TMT industry. With experience as a previous government official, he has vast knowledge in technology regulations. He has deep knowledge and experience in the media and entertainment industry and is capable of providing creative solutions in the most difficult situations. He is also very responsive and provides advice in the most difficult hours - whether it is near midnight or at the weekends.”

Wanbin Park

He is really proactive and well prepared for our inquiries. I want to recommend him, especially for regulatory issues on licences and permits.”

Hyun Wook Shin

“Shin is highly professional in understanding client's concerns and addressing the exact issue with the right solutions or at least the most viable solutions which are reasonably compromising. This seems to be attributable to his up-to-date knowledge of industry-wide issues and intensive experience dealing with all kinds of issues arising from the insurance business. I would particularly recommend him because he is not only an excellent attorney but extremely easy to talk to with any issue under any circumstances. Very client-friendly and never compromises his quality of work or client's risk management.”

“Client friendly and has deep and long-standing experience as well as knowledge in the insurance sector.”

Sangmyoung Shin

“He has a comprehensive view on how to handle legal matters involving financial transactions and is proficient with coordination within Kim & Chang to come up with an effective solution.”

Jay Young-June Yang

“The best lawyer in the Korean IP field, always responsive and helpful.”

 

Work highlights 

Advising Schindler Holding in an investment treaty arbitration against the Republic of Korea.

Defended Samsung Asset Management against a damage claim filed by investors in crude oil futures ETFs.

Represented BMW Korea in a lawsuit seeking a court order to revoke an administrative fine based on the allegation that BMW Korea had obtained the required emissions certification by submitting false test reports.

Key clients

Audi,Novartis,Volkswagen

Lee & Ko

An undisputed premier firm, Lee & Ko holds steady in the rankings as a foolproof choice for its impressive roster of offshore and onshore clients. Its renowned finance practice wins plaudits from peers and clients that acknowledge its frequent role in representing lenders. The firm was elevated this year into the Oustanding tiers for labour and employment and real estate. Despite a slowdown in the capital markets, Lee & Ko’s traditional dominance in debt capital markets helped it maintain a steady flow of debt deals. Managing partner Yong Seok Ahn is recognised for his corporate and competition expertise. The firm experienced the usual inflow and outflow of talent. Notable movements in 2021 include two capital markets experts, Jung-Myung Lee, Hyeong Min Yoo joining the firm as partners. Hyun Young Ju, an antitrust and competition specialist left the firm while Jeannie Jeong filled the void to enhance the firm’s strength in this sector. The firm’s dispute resolution team has also been expanding over the past years with nine new partners on board.

Client feedback 

Dedicated legal advice on the lender side.” – Aviation and shipping

“Lee & Ko is very up to date with the regulatory requirements in South Korea and was very constructive in working with our timeline.” – Aviation and shipping

The team is very responsive and knows their stuff. Always efficient and effective at getting things done.” – Aviation and shipping

“Very clear and accurate feedback whenever an issue arises.” – Competition and antitrust

“Detailed analysis of legal principles to elaborate countermeasures. Good communication skills with clients.” – Competition and antitrust

Client-friendly attitude, full of practical advice, 24/7 seamless professional service.” – Corporate and M&A

“I can feel that they are really experts in providing legal advice for M&A deal structure, contract, due diligence and deal closing, especially in both Korea and the US.” – Corporate and M&A

“Lee & Ko accurately grasps the fact, composes legal logic elaborately, and properly asserts this during the trial.” – Dispute resolution

“Knowledgeable, predictable, collaborative.” – Dispute resolution

“Very diligent and hands-on for both US and Korean law, and provides a heads-up on any events.” – Energy

“Fast and clear responses. Extremely professional and very swift action once instructions are given” – Intellectual property

“On difficult-to-solve issues, strives to solve problems and actively presents opinions first.” – Intellectual property

“I have been working with them for several years and what astonishes me is that they are extremely enthusiastic about their work. They try to understand each case very thoroughly, checking all the details from A to Z. I got an impression that they are using every given method and resource to bring us the best result.” – Insurance

Expertise in labour and criminal matters.” – Labour and employment

“Knows the industry very well and provides advice clearly.” – Media and entertainment

“Flexibility and client-friendliness.” –Private equity

“Deeply professional and have enthusiasm for providing advice for client's legal matter.” – Regulatory

“Very detailed, hard-working and fast.” – Real estate

“Mindset for clients and deep understanding of industry-specific matters.” – Tax

Jun Woo Cho

“Always consider client's needs and perspectives.”

Chunghwan Choi

“He is very knowledgeable and responsive to our requests.”

Woojin Choi

“Dedicated legal advice.”

Chang Yeon Ho

“Proactively engages with client and depth of knowledge for the insurance industry.”

Jinyoung Jung

“Jinyoung Jung has excellent capabilities in industry sector knowledge and client relationship management.”

Sung Min Kim

“Fast response, client-oriented mind.”

Suruyn Kim

“Sincere preparation, active response to client, and knowledge of the case.”

Daehoon Koo

“Proactive.”

Jinhong Kwon

“He is open to every client.”

“He is a man of great ability on insurance matters.”

“Working with Jinhong Kwon was a great experience. He knows what teamwork is. He possesses excellent communication skills, and he and his team advise clients as a harmonized group.”

Eunwoo Lee

“Eunwoo has clearly demonstrated a very strong understanding of our client's needs. Eunwoo is also clear and practical in her advice.”

Hee Woong Lee

“Real-time response, full knowledge, and practical advice and suggestion of an alternative.”

“I would say that he has high ability of the legal side and he has provided good legal advice to me.”

Kyunghoon Lee

“Quick and friendly feedback, useful and practical advice on compliance matters.”

Miji Lee

“High-quality feedback and legal opinion on urgent issues.”

Jangwoo Park

“He's excellent at persuasion and presentation. It leads to good results in dispute resolution.”

Jung Myong Park

“He has the strongest communication skills and problem-solving ability.”

Keum Nang Park

“Rich experience in pharmaceutical patents.”

Kwang Bae Park

“Flexibility and client-friendliness.”

Sangyong Ra

“Expertise in criminal and labour issues.”

Myunghyun Ryu

“He is very responsive and knowledgeable in this business area. Having him in the team made our life much easier.”

Woo Dong Seok

He is very experienced and good at his job.”

Helen Sohn

“Long-standing experience in the aviation industry advising Korean Air Lines, and knows her stuff.”

“She is very proactive in maintaining contacts. Her clients rely on her advice.”


Work highlights 

Represents the chairman of Kyobo Life Insurance in a $1.8 billion dispute with other shareholders.

Representing LG Uplus in a class action initiated by thousands of consumers concerning the late release of a 5G service.

Represented HHI in litigation for compensation of loss against the Defense Acquisition Program Administration.

Key clients

Daewoo Engineering & Construction, GS Engineering & Construction, Ilsan Grand Bridge Corp, Ministry of Education

RosettaLegal

Dispute resolution boutique Rosetta Legal was established in late 2017 by Young Seok Lee, the former international dispute resolution practice leader at Yulchon. The firm specialises in domestic and international arbitration spanning all industry sectors. Since its inception, the firm has served as counsel in 13 arbitation cases. Lee is a member of both the ICC Korea international arbitration committee and the executive committee of the Korean Arbitrators’ Association. In the past he has served as the chair of Korean Council for International Arbitration, the secretary-general of the Seoul International Dispute Resolution Center, and the chair for the Korea International Trade Law Association.


Work highlights 

Represented Chubb Insurance Australia, Samsung Fire & Marine Insurance, TT Club of global and Pusan New Port in a series of proceedings involving an allision of a container into a terminal in Pusan.

Represented Space Tech Company in an ICC arbitration seated in Geneva, Switzerland, involving a dispute against a French subsidiary of a multinational group, arising from the claimant’s representation services in Korea.

Shin & Kim

Shin & Kim maintains its esteemed reputation in the market across all areas. Peers refer to the firm with respect and say that in recent years, the firm is furthering its visibility on matters and building on its historic strengths in capital markets and real estate. The firm boasts a 12-partner strong team dedicated purely to capital markets, one of the largest among all Korean law firms, and runs its IPO and structured finance teams separately under the capital markets wing. The real estate team welcomed four partners, Hyun Lee, Ho Seuk Jang, Seung Hyun Lee, and Kishil Yang from Barun Law. The dispute resolution team is gaining momentum with the addition of eight partners. Meanwhile, 11 lawyers of the team were promoted to partners in 2022.


Work highlights 

Represented SK Broadband in a litigation brought by Netflix concerning an obligation to pay a network usage fee.

Represented Hanwha I&S in eight civil suits against the client brought by institutional investors claiming restitution for unjust enrichment earned through fraud and mistake.

Representing Incheon Airport to file suit against Sky 72 seeking transfer of ownership.

Key clients

Hana Bank, KT&G, Mirae Asset Financial Group, Posco International, Woori Bank

Yulchon

Yulchon secures its place in the ‘Outstanding’ band for competition, litigation, private equity and tax this year. It climbs up the rankings in the aviation and shipping, and insurance practice areas. Its famed dispute resolution practice has over 250 professionals and keeps apace with an evolving market, creating new disputes practice areas that are novel and innovative. The firm welcomed 14 new joiners over the past two years. Among them, Joon Ho Kwon, the former head of the IPO service team of the Korea Exchange, joined as a partner, and four team members have solid regulatory experience in Korea’s Financial Supervisory Service.

Client feedback 

“Quite professional and efficient. They have rich experience of internal investigations into antitrust cases.” – Competition and antitrust

“Wealth of experience of the designated lawyer. Efficient allocation of limited resources compared to competing law firms in the local market.” – Corporate and M&A

“Timely and detailed advice.” – Corporate and M&A

“Easily accessible partner, high-quality services” – Dispute resolution

“When we entrust a case to Yulchon, a team of lawyers, who are professional in the practice area, is formed for the case, including lawyers who have worked for more than 20 years as judges in the court and professionals who know the issue well. As a client, you can expect the best results. They are passionate, trying to find the best shortcut to winning, and always communicating with us. They also ask us a lot of questions to discover what we are missing or overlooking.” – Dispute resolution

“Yulchon has been able to provide high-quality professional advice on every question and query on this case and came up with the appropriate strategic plan since the start of the appointment. The team comprised all skill sets necessary to defend the case from start to finish and was also able to comprehend the stance of the accused well enough to reflect its best position in the lawsuit. Particularly the lawyer who has field experience in criminal areas from the local police has been a key player to this appointment and, with his one-step-ahead judgement against every correspondence, made it possible to draw the best outcome.” – Dispute resolution

“Their team is responsive, has very high standards and quality. They were our thought partners not only on the technical details but also on the strategy. While we were in the midst of Covid, Christopher Mandel, Wansoo Kim and Larry were supporting us above and beyond their duties. We are forever grateful for their support and care. They also have outstanding communication skills.” – Dispute resolution

“Yulchon wants to find a practical goal that clients cannot express well. Yulchon actively explores what the opponent's strategy will be.” – Dispute resolution

“Yulchon is very logical and reasonable in solving problems and providing customized services to clients.” – Dispute resolution

“Yulchon has expertise in issues related to insurance and perfectly fulfils our requirements.” – Insurance

“Yulchon’s insurance team provides all the insurance-related services that we need ranging from regulatory advice to legislative support on important insurance issues.” – Insurance

“I have been working with them for several years. What astonishes me is that they are extremely enthusiastic about their work. They try to understand each case thoroughly, checking all the details from A to Z. They were using every given method and resource to bring us the best result.” – Insurance

Seamless communication, fast and accurate feedback.” – Intellectual property

“Yulchon is the best firm in this area and is known as the best firm for defending pharmaceutical IP, which is why Boryung chose the firm.” – Intellectual property

“Expertise and enthusiasm.” – Labour and employment

“Active, professional knowledge and rich experience” – Labour and employment

“Professional, deep focus on client's view, solve the problem for client's interests even client doesn't realize it.” – Private equity

“Understands client’s needs well and provides timely advice.” – Private equity

“Yulchon always thinks and gives us professional suggestions from company perspectives.” – Regulatory

Yong Whan Choi

“Yong Whan Choi is really amazing and I believe that he is the number one lawyer related to tax issues. I know that he is really good and positive. He always tries to support his client with the best solutions and results.”

Cecil Saehoon Chung

“Very responsive and has good knowledge of the KFTC.”

“Very experienced in an antitrust investigations, having good knowledge of the automotive industry and good and clear communication skills.”

Dai Won Chung

“He has professional knowledge.”

Seung hyuk Han

“Rapid situation response.”

Woo Young Hur

“Woo Young Hur is an eminent lawyer and expert in the criminal area. He listens, understands the clients’ personal needs and tries to meet their requirements with instant feedback and appropriate advice. He thinks, considers and agonizes himself on clients’ behalf and uses all his best ability to come up with the best outcome out of each scenario.

Shin Hyunhwa

“High understanding of the insurance industry and provides client-friendly advisory services.”

Sang Tae Jeong

“Good communication skills.”

Gun Kim

Good knowledge, management skills and attitude.”

“Strong expertise and diverse experience.”

Jung Woo Lee

“A lot of experience and extensive expertise.”

“Listening skills, responsibilities, communication skills, giving solutions and insights, knowledge of various topics.”

Tea Eun Lee

“Friendly and law-based information is provided quickly.”

Christopher Mandel

“He is responsive, thoughtful and professional. He is extremely responsible and committed as evidenced by the way he supported us in a critical situation while having Covid-19.”

Il Bong Moon

He is known for his wealth of knowledge and experience in financial affairs, above all, in litigation in this area. He has more than 30 years’ experience and know-how as a judge and lawyer, so he is good at providing solutions that are right for the case. If he takes on a case, he actively seeks out facts that are favourable to us, checks possible adverse facts well, and devises necessary strategies accordingly. In Korea, there is no restriction on when to submit claims or evidence, and submissions can be made until the court issues judgment. So, instead of submitting all claims and evidence at the beginning of the case, if necessary, while looking at the other party's claims or evidence, he will submit and attack as necessary. For example, when the opposing party makes a false claim, he simply refutes the part and does not submit evidence, but when the opposing party has difficulty changing his or her opinion, he submits decisive evidence and traps the opposing party.

“He is good at storytelling and coming up with winning strategies, and he is very effective at questioning witnesses.”

Jaehyun Park

“Ability to identify and subsequently address clients' needs.”

Sung Bom Park

Knowledgeable, has rich experience and great at networking.”

Hyun Hwa Shin

“Excellent communication and problem solving skills.”

“She is the head of Yulchon’s insurance team. She is particularly helpful in offering creative solutions to complicated regulatory issues.”

“In-depth expertise in insurance issues.”

Young Su Shin

He knows what teamwork is. He possesses excellent communication skills, and he and his team advise clients as one harmonized group.”

“He is the best insurance practitioner in Korea.”

Doil Son

“Professional and attentive.”

Kim Sung Woo

“He has abundant experience in the private asset management area. He was one of the most popular and experienced judges in this area before joining Yulchon.”

Cho Sang Wook

Close interaction with the client.”

Kyung Ae Yeon

“Her expertise, experience, leadership in meetings, and willingness to resolve clients’ difficulties all point to her being the best counsel in the Korean pharmaceutical industry.”

Yong Pyo Yeom

“He is a very technically and commercially savvy lawyer and understands the client's concerns very well. He is easily accessible and responsive too.”

“Yeom is not only technically excellent but also commercially minded so he understands the intricacies of the client's commercial concerns. Yeom is easily accessible and engages in an approach of collaboration to find the most feasible solutions for the client .”

 


Work highlights 

Successfully represented Mirae Asset and its affiliates in a landmark $5.8 billion dollar dispute in the Delaware Court of Chancery.

Representing Shinhan Investment in a lawsuit claiming damages filed by investors of the leveraged crude oil futures.

Successfully representing BBQ Genesis, one of the largest fast food chicken franchise businesses in Korea, in a number of battles including trade secret infringements, contract disputes, corporate disputes and even defamation against its competitor BHC.

Representing the Korea Exchange (KRX) in a civil action brought by the shareholders of Gamma Nu seeking damages for the KRX’s decision to delist Gamma Nu.

Energy
Jipyong

Jipyong is a well-rounded firm that offers representation across all key practice areas and core industries. The firm’s competition and labour and employment practices are highly regarded by peers and clients. Managing partner and labour specialist Ji Hyung Kim is widely-respected in the market, noted as a ‘pillar of industry’ by peers for his extensive experience in this field. Gee Hong Kim frequently acts as lead partner in competition and antitrust cases, and many of the firm’s top M&A matters last year featured corporate partners Cheol Jeong and Min Shin. The equity capital markets practice has an impressive record as issuer’s counsel on numerous listings, including those for SK Biopharmaceuticals and Kakao Games. The firm is deepening its regional footprint with on-the-ground operations in a number of emerging markets such as Indonesia, Myanmar, Laos, and Vietnam. Kyung Taek Park, a partner specialising in banking and finance, left the firm in 2022.

Client feedback 

“Jipyong understands the entertainment industry very well.” – Media and entertainment

“They provide professional legal knowledge and sharing of know-how.” – Real estate

Moonhee Kim

“As far as I know she has been counselling this industry quite long, which gives her lots of experience and diverse perspectives.”


Work highlights 

Advised a Korean subsidiary of a German wind project developer on the asset transfer of two offshore wind power generation projects.

Advised SK ecoplant on its acquisition of DDS.

Advised Solar Connect on the project financing for solar power generation projects in Samchok and Jaeju Island.

Key clients

Le Soleil,Samchully Asset Management, SK Materials, Urban JD Oil

Kim & Chang

As the largest and most dominant full-service law firm in Korea, Kim & Chang needs no introduction. It remains unchallenged across the board, maintaining its ‘Outstanding’ ranking in all practice areas and sectors. It is a first-choice firm for many multinationals, international brands and domestic conglomerates. Its sheer size allows the firm to house multiple top-notch specialists in every niche area of practice and push the boundaries of innovation with landmark and sizeable matters. The competition team welcomed talent from the National Court Administration of Korea, the Korea Fair Trade Commission (KFTC), peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s intellectual property pillar gained 17 additional lawyers from various courts and peer firms, while the dispute team was boosted by four.

Client feedback 

“Clear advice and fine documentation for deal structure.” – Aviation and shipping

“Kim & Chang has a large pool of competitive lawyers covering various areas and is able to provide comprehensive reliable legal advice concerning unconventional transactions.” – Aviation and shipping

“Kim & Chang is able to form a perfect support team for its clients, so even the most complex matters can be walked through with seasoned insights. Kim & Chang has the leading professionals in the country. Not only lawyers but also professionals of various backgrounds having the qualities that are right, needed, and appropriate.” – Competition and antitrust

“They provide specific advice for clients as well as interpretation of the law.” – Competition and antitrust

“They find creative solutions for complex issues, manage various workstreams, understand clients’ needs and stakeholders’ interests surrounding different legal matters.” – Competition and antitrust

“Provided timely advise on the transaction structure, conducted legal due diligence and drafted legal documents including shareholder's agreement, sale and purchase agreements, loan documents, security documents, etc.” – Corporate and M&A

“Kim & Chang has the proper systems in place to address clients’ requests. Based on the experience of completing multiple transactions, expertise in all relevant practice areas, and a high understanding of clients’ needs with a thoughtful attitude, the firm has significantly contributed to the process and provided the valuable legal advice we needed.” – Corporate and M&A

“Kim & Chang has profound experience and knowledge of both Korean and Chinese M&A deals and has ample experience in collaborating with Chinese local law firms. Lawyers of the firm are reachable and remain hands-on when working with clients.” – Corporate and M&A

Professional excellence and timely communication.” – Corporate and M&A

“Undisputed number one corporate finance legal advisor in Korea. The absolute quality that Kim & Chang brings to the table is way ahead of what anyone can offer on the street.” – Corporate and M&A

“They do well in communications with clients and litigation strategies. They provide clear deliverables.” – Dispute resolution

“Innovative skill set to win the case.” – Dispute resolution

“Precise and quick report, persuasive brief, successful result, reasonable costs.” – Intellectual property

“Kim & Chang’s greatest strength definitely would be that they have the best expertise. Kim & Chang has a system that not only brings together the top experts in each practice area but also allows them to fully demonstrate their abilities, which distinguishes the firm from others.” – Insurance

“Kim & Chang’s insurance team has top-notch professionals who provide a comprehensive solution to the issues. Most attorneys have an in-depth understanding of industry-wide issues and keep track of the latest legislative updates, so whenever I need to get advice on any issue, they are already aware of the issue or quickly follow client-specific concerns in the right context. If we need to engage regulators or lightly tap the regulator stance, Kim & Chang team is also capable of efficiently engaging them through its advisory group consisting of ex-FSS/FSC officials.” – Insurance

“Reliably provide the most up-to-date and accurate advice amid evolving regulations. Practical advice that is user-friendly from the perspective of in-house counsel.” – Labour and employment

“Kim & Chang’s team was very professional and incremental in providing their legal services, which led our union negotiations into a successful practice while minimizing the business risk.” – Labour and employment

“They offer active management of key stakeholders above country level and support the local management to drive effective communication and decision-making process.” – Labour and employment

“Kim & Chang is the best law firm in Korea with many experienced lawyers. As a private equity professional, I am facing many challenging situations in terms of investment and portfolio management. Kim & Chang always has helped us in a very timely manner. I particularly like the way Kim & Chang advises us decisively so that we can make decisions comfortably.” – Private equity

“The firm, with its experience in international deals, advised us of global practices.” – Private equity

“Kim & Chang showed excellence in effectively grasping the core issues and providing the most reliable advice and recommendations under each given circumstance, deriving the most favourable outcome at the KCA.” – Regulatory

“They are very good at dealing with regulatory bodies and they have special know-how on persuading the regulatory bodies.” – Regulatory

“Strong technical knowledge and good relationship with the tax authorities” – Tax

“Communicate timely and clearly.” – Tax

Sangmi Baek

“She has demonstrated expertise in her area of work.”

Yonghoon Cho

“Excellent client relationship management and capability to build trust.”

Dong Shik Choi

“Experience, reliability and integrity.”

MJ Chung

“The only lawyer I completely entrust with legal and regulatory matters related to corporate finance and capital markets in Korea. MJ Chung is an industry-defining, living legend in Korean legal matters.”

Minha Gang

“Detailed analysis and good advice provided.”

Ji Soo Jang

“Easily accessible and provides the extra advice and explanation that in-house counsel might need.”

Don Jeon

“Don has the innovative skill set needed to turn a losing matter into a winning one.”

Jongwon Jeon

“Managing multiple workstreams for complex legal issues.”

Ji Young Jung

“She is very responsive and professional.”

Gihoon Kim

“Gihoon shows excellence in communicating with clients, very effectively grasps the core issues, provides specific suggestions in every project and assignment we have requested from him.”

Hyosang Kim

“Hyosang's depth of knowledge and experience surprises his client. As a relationship partner, he is able to provide advice in any area and we feel extremely comfortable reaching out to him for advice on any matter. He is also good at managing client relationships. We are extremely satisfied with his service, professionalism, knowledge, and insight.”

Teo Kim

“Punctuality and professional knowledge.”

Tae Hyuk Ko

“Provides specific advice for clients as well as interpretation of the law.”

Chunsoo Lee

“He explores the most suitable solutions and provides thorough advice. He provides a clear outline for each case and develops strategies and key arguments based on thorough analysis.”

Dohyung Lee

“Dohyung shows excellence in communicating with clients, very effectively grasps the core issues, provides the most sound and reliable suggestions in any project or assignments we have requested him with.”

Hyo Je Lee

“Attorney Hyo Je Lee is a very rare attorney who is great in every aspect. He is not only bright on law, sagaciously and skillfully handling legal work, but also has a strong sense of responsibility, prepares everything carefully, and has a good relationship.”

Kyungyoon Lee

“Lee has profound experience and knowledge of global M&A deals and has ample experience in collaborating with global law firms. He is reachable and remains hands-on working with clients.”

Sangwoo Lee

“Prompt feedback and good rationale.”

Shin Kwon Lim

“He has prolonged experience in the private equity and M&A area, and is able to give guidance when uncertainty occurs.”

Jina Myung

“Provided proper advice and timely solution on our legal issue. Her advice and solution have worked well and enabled us to make our trades successfully.”

TY Nam

“Very professional and has clear communication skill besides the deep knowledge of the field.”

Hyunjae Park

“Very practical and user-friendly advice. He is very good at seeing himself in the shoes of the client and also makes sure he has a high understanding of the client's organization and situation.”

Min Chul Park

“Min Chul Park is the leading lawyer in the TMT industry. With experience as a previous government official, he has vast knowledge in technology regulations. He has deep knowledge and experience in the media and entertainment industry and is capable of providing creative solutions in the most difficult situations. He is also very responsive and provides advice in the most difficult hours - whether it is near midnight or at the weekends.”

Wanbin Park

He is really proactive and well prepared for our inquiries. I want to recommend him, especially for regulatory issues on licences and permits.”

Hyun Wook Shin

“Shin is highly professional in understanding client's concerns and addressing the exact issue with the right solutions or at least the most viable solutions which are reasonably compromising. This seems to be attributable to his up-to-date knowledge of industry-wide issues and intensive experience dealing with all kinds of issues arising from the insurance business. I would particularly recommend him because he is not only an excellent attorney but extremely easy to talk to with any issue under any circumstances. Very client-friendly and never compromises his quality of work or client's risk management.”

“Client friendly and has deep and long-standing experience as well as knowledge in the insurance sector.”

Sangmyoung Shin

“He has a comprehensive view on how to handle legal matters involving financial transactions and is proficient with coordination within Kim & Chang to come up with an effective solution.”

Jay Young-June Yang

“The best lawyer in the Korean IP field, always responsive and helpful.”

 

Work highlights 

Advised Kohlberg Kravis Roberts’ acquisition of equity interests in SK E&S.

Advised KEXIM and Ksure on RV555 road projects in Norway.

Advised a group of lenders, including Crédit Agricole Corporate, on the export of Hyundai Rotem’s vehicles to Turkey.

Advised Hanwha Energy Corporation on the proposed restructure of its investments in the Gregadoo and Jindera solar farm projects in Australia.

Key clients

Abu Dhabi Investment Authority, Caisse de depot et placement du Quebec (Quebec Deposit and Investment Fund), Copenhagen Infrastructure Partners, Pacifico Energy

Lee & Ko

An undisputed premier firm, Lee & Ko holds steady in the rankings as a foolproof choice for its impressive roster of offshore and onshore clients. Its renowned finance practice wins plaudits from peers and clients that acknowledge its frequent role in representing lenders. The firm was elevated this year into the Oustanding tiers for labour and employment and real estate. Despite a slowdown in the capital markets, Lee & Ko’s traditional dominance in debt capital markets helped it maintain a steady flow of debt deals. Managing partner Yong Seok Ahn is recognised for his corporate and competition expertise. The firm experienced the usual inflow and outflow of talent. Notable movements in 2021 include two capital markets experts, Jung-Myung Lee, Hyeong Min Yoo joining the firm as partners. Hyun Young Ju, an antitrust and competition specialist left the firm while Jeannie Jeong filled the void to enhance the firm’s strength in this sector. The firm’s dispute resolution team has also been expanding over the past years with nine new partners on board.

Client feedback 

Dedicated legal advice on the lender side.” – Aviation and shipping

“Lee & Ko is very up to date with the regulatory requirements in South Korea and was very constructive in working with our timeline.” – Aviation and shipping

The team is very responsive and knows their stuff. Always efficient and effective at getting things done.” – Aviation and shipping

“Very clear and accurate feedback whenever an issue arises.” – Competition and antitrust

“Detailed analysis of legal principles to elaborate countermeasures. Good communication skills with clients.” – Competition and antitrust

Client-friendly attitude, full of practical advice, 24/7 seamless professional service.” – Corporate and M&A

“I can feel that they are really experts in providing legal advice for M&A deal structure, contract, due diligence and deal closing, especially in both Korea and the US.” – Corporate and M&A

“Lee & Ko accurately grasps the fact, composes legal logic elaborately, and properly asserts this during the trial.” – Dispute resolution

“Knowledgeable, predictable, collaborative.” – Dispute resolution

“Very diligent and hands-on for both US and Korean law, and provides a heads-up on any events.” – Energy

“Fast and clear responses. Extremely professional and very swift action once instructions are given” – Intellectual property

“On difficult-to-solve issues, strives to solve problems and actively presents opinions first.” – Intellectual property

“I have been working with them for several years and what astonishes me is that they are extremely enthusiastic about their work. They try to understand each case very thoroughly, checking all the details from A to Z. I got an impression that they are using every given method and resource to bring us the best result.” – Insurance

Expertise in labour and criminal matters.” – Labour and employment

“Knows the industry very well and provides advice clearly.” – Media and entertainment

“Flexibility and client-friendliness.” –Private equity

“Deeply professional and have enthusiasm for providing advice for client's legal matter.” – Regulatory

“Very detailed, hard-working and fast.” – Real estate

“Mindset for clients and deep understanding of industry-specific matters.” – Tax

Jun Woo Cho

“Always consider client's needs and perspectives.”

Chunghwan Choi

“He is very knowledgeable and responsive to our requests.”

Woojin Choi

“Dedicated legal advice.”

Chang Yeon Ho

“Proactively engages with client and depth of knowledge for the insurance industry.”

Jinyoung Jung

“Jinyoung Jung has excellent capabilities in industry sector knowledge and client relationship management.”

Sung Min Kim

“Fast response, client-oriented mind.”

Suruyn Kim

“Sincere preparation, active response to client, and knowledge of the case.”

Daehoon Koo

“Proactive.”

Jinhong Kwon

“He is open to every client.”

“He is a man of great ability on insurance matters.”

“Working with Jinhong Kwon was a great experience. He knows what teamwork is. He possesses excellent communication skills, and he and his team advise clients as a harmonized group.”

Eunwoo Lee

“Eunwoo has clearly demonstrated a very strong understanding of our client's needs. Eunwoo is also clear and practical in her advice.”

Hee Woong Lee

“Real-time response, full knowledge, and practical advice and suggestion of an alternative.”

“I would say that he has high ability of the legal side and he has provided good legal advice to me.”

Kyunghoon Lee

“Quick and friendly feedback, useful and practical advice on compliance matters.”

Miji Lee

“High-quality feedback and legal opinion on urgent issues.”

Jangwoo Park

“He's excellent at persuasion and presentation. It leads to good results in dispute resolution.”

Jung Myong Park

“He has the strongest communication skills and problem-solving ability.”

Keum Nang Park

“Rich experience in pharmaceutical patents.”

Kwang Bae Park

“Flexibility and client-friendliness.”

Sangyong Ra

“Expertise in criminal and labour issues.”

Myunghyun Ryu

“He is very responsive and knowledgeable in this business area. Having him in the team made our life much easier.”

Woo Dong Seok

He is very experienced and good at his job.”

Helen Sohn

“Long-standing experience in the aviation industry advising Korean Air Lines, and knows her stuff.”

“She is very proactive in maintaining contacts. Her clients rely on her advice.”


Work highlights

Advised Woori Bank and Korea Investment & Securities on the financing of Tongyeong Eco Power LNG Combined Cycle Power Plant and a liquefied natural gas terminal project.

Advised Stonepeak Infrastructure Partners with respect to the financing of the construction loan for a solar farm project and substation.

Key clients

Hanwha Asset Management, Kookmin Bank, Samsung Asset Management, Shinhan Asset Management

Shin & Kim

Shin & Kim maintains its esteemed reputation in the market across all areas. Peers refer to the firm with respect and say that in recent years, the firm is furthering its visibility on matters and building on its historic strengths in capital markets and real estate. The firm boasts a 12-partner strong team dedicated purely to capital markets, one of the largest among all Korean law firms, and runs its IPO and structured finance teams separately under the capital markets wing. The real estate team welcomed four partners, Hyun Lee, Ho Seuk Jang, Seung Hyun Lee, and Kishil Yang from Barun Law. The dispute resolution team is gaining momentum with the addition of eight partners. Meanwhile, 11 lawyers of the team were promoted to partners in 2022.


Work highlights

Advised Vena Energy on its acquisition of 100% of the share in a 500MW offshore power project.

Advised SK Forest on its acquisition of the ownership of REDD+.

Served as lead counsel for Australian Strategic Materials on an investment from three Korean private equity funds in the company and its Korean subsidiary.

Key clients

Hanyang, KDB Infrastructure Investments Asset Management, Korea East West Power, Korea Electric Power Corporation, SK Ecoplant

Yulchon

Yulchon secures its place in the ‘Outstanding’ band for competition, litigation, private equity and tax this year. It climbs up the rankings in the aviation and shipping, and insurance practice areas. Its famed dispute resolution practice has over 250 professionals and keeps apace with an evolving market, creating new disputes practice areas that are novel and innovative. The firm welcomed 14 new joiners over the past two years. Among them, Joon Ho Kwon, the former head of the IPO service team of the Korea Exchange, joined as a partner, and four team members have solid regulatory experience in Korea’s Financial Supervisory Service.

Client feedback 

“Quite professional and efficient. They have rich experience of internal investigations into antitrust cases.” – Competition and antitrust

“Wealth of experience of the designated lawyer. Efficient allocation of limited resources compared to competing law firms in the local market.” – Corporate and M&A

“Timely and detailed advice.” – Corporate and M&A

“Easily accessible partner, high-quality services” – Dispute resolution

“When we entrust a case to Yulchon, a team of lawyers, who are professional in the practice area, is formed for the case, including lawyers who have worked for more than 20 years as judges in the court and professionals who know the issue well. As a client, you can expect the best results. They are passionate, trying to find the best shortcut to winning, and always communicating with us. They also ask us a lot of questions to discover what we are missing or overlooking.” – Dispute resolution

“Yulchon has been able to provide high-quality professional advice on every question and query on this case and came up with the appropriate strategic plan since the start of the appointment. The team comprised all skill sets necessary to defend the case from start to finish and was also able to comprehend the stance of the accused well enough to reflect its best position in the lawsuit. Particularly the lawyer who has field experience in criminal areas from the local police has been a key player to this appointment and, with his one-step-ahead judgement against every correspondence, made it possible to draw the best outcome.” – Dispute resolution

“Their team is responsive, has very high standards and quality. They were our thought partners not only on the technical details but also on the strategy. While we were in the midst of Covid, Christopher Mandel, Wansoo Kim and Larry were supporting us above and beyond their duties. We are forever grateful for their support and care. They also have outstanding communication skills.” – Dispute resolution

“Yulchon wants to find a practical goal that clients cannot express well. Yulchon actively explores what the opponent's strategy will be.” – Dispute resolution

“Yulchon is very logical and reasonable in solving problems and providing customized services to clients.” – Dispute resolution

“Yulchon has expertise in issues related to insurance and perfectly fulfils our requirements.” – Insurance

“Yulchon’s insurance team provides all the insurance-related services that we need ranging from regulatory advice to legislative support on important insurance issues.” – Insurance

“I have been working with them for several years. What astonishes me is that they are extremely enthusiastic about their work. They try to understand each case thoroughly, checking all the details from A to Z. They were using every given method and resource to bring us the best result.” – Insurance

Seamless communication, fast and accurate feedback.” – Intellectual property

“Yulchon is the best firm in this area and is known as the best firm for defending pharmaceutical IP, which is why Boryung chose the firm.” – Intellectual property

“Expertise and enthusiasm.” – Labour and employment

“Active, professional knowledge and rich experience” – Labour and employment

“Professional, deep focus on client's view, solve the problem for client's interests even client doesn't realize it.” – Private equity

“Understands client’s needs well and provides timely advice.” – Private equity

“Yulchon always thinks and gives us professional suggestions from company perspectives.” – Regulatory

Yong Whan Choi

“Yong Whan Choi is really amazing and I believe that he is the number one lawyer related to tax issues. I know that he is really good and positive. He always tries to support his client with the best solutions and results.”

Cecil Saehoon Chung

“Very responsive and has good knowledge of the KFTC.”

“Very experienced in an antitrust investigations, having good knowledge of the automotive industry and good and clear communication skills.”

Dai Won Chung

“He has professional knowledge.”

Seung hyuk Han

“Rapid situation response.”

Woo Young Hur

“Woo Young Hur is an eminent lawyer and expert in the criminal area. He listens, understands the clients’ personal needs and tries to meet their requirements with instant feedback and appropriate advice. He thinks, considers and agonizes himself on clients’ behalf and uses all his best ability to come up with the best outcome out of each scenario.

Shin Hyunhwa

“High understanding of the insurance industry and provides client-friendly advisory services.”

Sang Tae Jeong

“Good communication skills.”

Gun Kim

Good knowledge, management skills and attitude.”

“Strong expertise and diverse experience.”

Jung Woo Lee

“A lot of experience and extensive expertise.”

“Listening skills, responsibilities, communication skills, giving solutions and insights, knowledge of various topics.”

Tea Eun Lee

“Friendly and law-based information is provided quickly.”

Christopher Mandel

“He is responsive, thoughtful and professional. He is extremely responsible and committed as evidenced by the way he supported us in a critical situation while having Covid-19.”

Il Bong Moon

He is known for his wealth of knowledge and experience in financial affairs, above all, in litigation in this area. He has more than 30 years’ experience and know-how as a judge and lawyer, so he is good at providing solutions that are right for the case. If he takes on a case, he actively seeks out facts that are favourable to us, checks possible adverse facts well, and devises necessary strategies accordingly. In Korea, there is no restriction on when to submit claims or evidence, and submissions can be made until the court issues judgment. So, instead of submitting all claims and evidence at the beginning of the case, if necessary, while looking at the other party's claims or evidence, he will submit and attack as necessary. For example, when the opposing party makes a false claim, he simply refutes the part and does not submit evidence, but when the opposing party has difficulty changing his or her opinion, he submits decisive evidence and traps the opposing party.

“He is good at storytelling and coming up with winning strategies, and he is very effective at questioning witnesses.”

Jaehyun Park

“Ability to identify and subsequently address clients' needs.”

Sung Bom Park

Knowledgeable, has rich experience and great at networking.”

Hyun Hwa Shin

“Excellent communication and problem solving skills.”

“She is the head of Yulchon’s insurance team. She is particularly helpful in offering creative solutions to complicated regulatory issues.”

“In-depth expertise in insurance issues.”

Young Su Shin

He knows what teamwork is. He possesses excellent communication skills, and he and his team advise clients as one harmonized group.”

“He is the best insurance practitioner in Korea.”

Doil Son

“Professional and attentive.”

Kim Sung Woo

“He has abundant experience in the private asset management area. He was one of the most popular and experienced judges in this area before joining Yulchon.”

Cho Sang Wook

Close interaction with the client.”

Kyung Ae Yeon

“Her expertise, experience, leadership in meetings, and willingness to resolve clients’ difficulties all point to her being the best counsel in the Korean pharmaceutical industry.”

Yong Pyo Yeom

“He is a very technically and commercially savvy lawyer and understands the client's concerns very well. He is easily accessible and responsive too.”

“Yeom is not only technically excellent but also commercially minded so he understands the intricacies of the client's commercial concerns. Yeom is easily accessible and engages in an approach of collaboration to find the most feasible solutions for the client .”

 


Work highlights

Advising Korea Hydro & Nuclear Power on its dispute with the manufacturer of a generator in relation to an internal fire at the Kori Nuclear Power Plant.

Advising Korea Gas on safety regulations related to the distribution of hydrogen.

Insurance
Jipyong

Jipyong is a well-rounded firm that offers representation across all key practice areas and core industries. The firm’s competition and labour and employment practices are highly regarded by peers and clients. Managing partner and labour specialist Ji Hyung Kim is widely-respected in the market, noted as a ‘pillar of industry’ by peers for his extensive experience in this field. Gee Hong Kim frequently acts as lead partner in competition and antitrust cases, and many of the firm’s top M&A matters last year featured corporate partners Cheol Jeong and Min Shin. The equity capital markets practice has an impressive record as issuer’s counsel on numerous listings, including those for SK Biopharmaceuticals and Kakao Games. The firm is deepening its regional footprint with on-the-ground operations in a number of emerging markets such as Indonesia, Myanmar, Laos, and Vietnam. Kyung Taek Park, a partner specialising in banking and finance, left the firm in 2022.

Client feedback 

“Jipyong understands the entertainment industry very well.” – Media and entertainment

“They provide professional legal knowledge and sharing of know-how.” – Real estate

Moonhee Kim

“As far as I know she has been counselling this industry quite long, which gives her lots of experience and diverse perspectives.”


Work highlights

Acted as counsel for three Korean non-life insurers involved in multiple litigation claims against medical institutions for the return of insurance pay-outs. The pay-outs were made for uninsured elective medical treatments charged to patients’ medical insurance policies as insured medical treatments.

Kim & Chang

As the largest and most dominant full-service law firm in Korea, Kim & Chang needs no introduction. It remains unchallenged across the board, maintaining its ‘Outstanding’ ranking in all practice areas and sectors. It is a first-choice firm for many multinationals, international brands and domestic conglomerates. Its sheer size allows the firm to house multiple top-notch specialists in every niche area of practice and push the boundaries of innovation with landmark and sizeable matters. The competition team welcomed talent from the National Court Administration of Korea, the Korea Fair Trade Commission (KFTC), peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s intellectual property pillar gained 17 additional lawyers from various courts and peer firms, while the dispute team was boosted by four.

Client feedback 

“Clear advice and fine documentation for deal structure.” – Aviation and shipping

“Kim & Chang has a large pool of competitive lawyers covering various areas and is able to provide comprehensive reliable legal advice concerning unconventional transactions.” – Aviation and shipping

“Kim & Chang is able to form a perfect support team for its clients, so even the most complex matters can be walked through with seasoned insights. Kim & Chang has the leading professionals in the country. Not only lawyers but also professionals of various backgrounds having the qualities that are right, needed, and appropriate.” – Competition and antitrust

“They provide specific advice for clients as well as interpretation of the law.” – Competition and antitrust

“They find creative solutions for complex issues, manage various workstreams, understand clients’ needs and stakeholders’ interests surrounding different legal matters.” – Competition and antitrust

“Provided timely advise on the transaction structure, conducted legal due diligence and drafted legal documents including shareholder's agreement, sale and purchase agreements, loan documents, security documents, etc.” – Corporate and M&A

“Kim & Chang has the proper systems in place to address clients’ requests. Based on the experience of completing multiple transactions, expertise in all relevant practice areas, and a high understanding of clients’ needs with a thoughtful attitude, the firm has significantly contributed to the process and provided the valuable legal advice we needed.” – Corporate and M&A

“Kim & Chang has profound experience and knowledge of both Korean and Chinese M&A deals and has ample experience in collaborating with Chinese local law firms. Lawyers of the firm are reachable and remain hands-on when working with clients.” – Corporate and M&A

Professional excellence and timely communication.” – Corporate and M&A

“Undisputed number one corporate finance legal advisor in Korea. The absolute quality that Kim & Chang brings to the table is way ahead of what anyone can offer on the street.” – Corporate and M&A

“They do well in communications with clients and litigation strategies. They provide clear deliverables.” – Dispute resolution

“Innovative skill set to win the case.” – Dispute resolution

“Precise and quick report, persuasive brief, successful result, reasonable costs.” – Intellectual property

“Kim & Chang’s greatest strength definitely would be that they have the best expertise. Kim & Chang has a system that not only brings together the top experts in each practice area but also allows them to fully demonstrate their abilities, which distinguishes the firm from others.” – Insurance

“Kim & Chang’s insurance team has top-notch professionals who provide a comprehensive solution to the issues. Most attorneys have an in-depth understanding of industry-wide issues and keep track of the latest legislative updates, so whenever I need to get advice on any issue, they are already aware of the issue or quickly follow client-specific concerns in the right context. If we need to engage regulators or lightly tap the regulator stance, Kim & Chang team is also capable of efficiently engaging them through its advisory group consisting of ex-FSS/FSC officials.” – Insurance

“Reliably provide the most up-to-date and accurate advice amid evolving regulations. Practical advice that is user-friendly from the perspective of in-house counsel.” – Labour and employment

“Kim & Chang’s team was very professional and incremental in providing their legal services, which led our union negotiations into a successful practice while minimizing the business risk.” – Labour and employment

“They offer active management of key stakeholders above country level and support the local management to drive effective communication and decision-making process.” – Labour and employment

“Kim & Chang is the best law firm in Korea with many experienced lawyers. As a private equity professional, I am facing many challenging situations in terms of investment and portfolio management. Kim & Chang always has helped us in a very timely manner. I particularly like the way Kim & Chang advises us decisively so that we can make decisions comfortably.” – Private equity

“The firm, with its experience in international deals, advised us of global practices.” – Private equity

“Kim & Chang showed excellence in effectively grasping the core issues and providing the most reliable advice and recommendations under each given circumstance, deriving the most favourable outcome at the KCA.” – Regulatory

“They are very good at dealing with regulatory bodies and they have special know-how on persuading the regulatory bodies.” – Regulatory

“Strong technical knowledge and good relationship with the tax authorities” – Tax

“Communicate timely and clearly.” – Tax

Sangmi Baek

“She has demonstrated expertise in her area of work.”

Yonghoon Cho

“Excellent client relationship management and capability to build trust.”

Dong Shik Choi

“Experience, reliability and integrity.”

MJ Chung

“The only lawyer I completely entrust with legal and regulatory matters related to corporate finance and capital markets in Korea. MJ Chung is an industry-defining, living legend in Korean legal matters.”

Minha Gang

“Detailed analysis and good advice provided.”

Ji Soo Jang

“Easily accessible and provides the extra advice and explanation that in-house counsel might need.”

Don Jeon

“Don has the innovative skill set needed to turn a losing matter into a winning one.”

Jongwon Jeon

“Managing multiple workstreams for complex legal issues.”

Ji Young Jung

“She is very responsive and professional.”

Gihoon Kim

“Gihoon shows excellence in communicating with clients, very effectively grasps the core issues, provides specific suggestions in every project and assignment we have requested from him.”

Hyosang Kim

“Hyosang's depth of knowledge and experience surprises his client. As a relationship partner, he is able to provide advice in any area and we feel extremely comfortable reaching out to him for advice on any matter. He is also good at managing client relationships. We are extremely satisfied with his service, professionalism, knowledge, and insight.”

Teo Kim

“Punctuality and professional knowledge.”

Tae Hyuk Ko

“Provides specific advice for clients as well as interpretation of the law.”

Chunsoo Lee

“He explores the most suitable solutions and provides thorough advice. He provides a clear outline for each case and develops strategies and key arguments based on thorough analysis.”

Dohyung Lee

“Dohyung shows excellence in communicating with clients, very effectively grasps the core issues, provides the most sound and reliable suggestions in any project or assignments we have requested him with.”

Hyo Je Lee

“Attorney Hyo Je Lee is a very rare attorney who is great in every aspect. He is not only bright on law, sagaciously and skillfully handling legal work, but also has a strong sense of responsibility, prepares everything carefully, and has a good relationship.”

Kyungyoon Lee

“Lee has profound experience and knowledge of global M&A deals and has ample experience in collaborating with global law firms. He is reachable and remains hands-on working with clients.”

Sangwoo Lee

“Prompt feedback and good rationale.”

Shin Kwon Lim

“He has prolonged experience in the private equity and M&A area, and is able to give guidance when uncertainty occurs.”

Jina Myung

“Provided proper advice and timely solution on our legal issue. Her advice and solution have worked well and enabled us to make our trades successfully.”

TY Nam

“Very professional and has clear communication skill besides the deep knowledge of the field.”

Hyunjae Park

“Very practical and user-friendly advice. He is very good at seeing himself in the shoes of the client and also makes sure he has a high understanding of the client's organization and situation.”

Min Chul Park

“Min Chul Park is the leading lawyer in the TMT industry. With experience as a previous government official, he has vast knowledge in technology regulations. He has deep knowledge and experience in the media and entertainment industry and is capable of providing creative solutions in the most difficult situations. He is also very responsive and provides advice in the most difficult hours - whether it is near midnight or at the weekends.”

Wanbin Park

He is really proactive and well prepared for our inquiries. I want to recommend him, especially for regulatory issues on licences and permits.”

Hyun Wook Shin

“Shin is highly professional in understanding client's concerns and addressing the exact issue with the right solutions or at least the most viable solutions which are reasonably compromising. This seems to be attributable to his up-to-date knowledge of industry-wide issues and intensive experience dealing with all kinds of issues arising from the insurance business. I would particularly recommend him because he is not only an excellent attorney but extremely easy to talk to with any issue under any circumstances. Very client-friendly and never compromises his quality of work or client's risk management.”

“Client friendly and has deep and long-standing experience as well as knowledge in the insurance sector.”

Sangmyoung Shin

“He has a comprehensive view on how to handle legal matters involving financial transactions and is proficient with coordination within Kim & Chang to come up with an effective solution.”

Jay Young-June Yang

“The best lawyer in the Korean IP field, always responsive and helpful.”

 

Work highlights 

Advised Cigna Corporation on its sale of the life, accident and supplemental benefits businesses in seven countries including South Korea.

Advised FM Global on the establishment and licensing of an insurance branch in Korea.

Key clients

KakaoPay Insurance Corporation, KB Life Insurance, LINA Life Insurance Company of Korea

Lee & Ko

An undisputed premier firm, Lee & Ko holds steady in the rankings as a foolproof choice for its impressive roster of offshore and onshore clients. Its renowned finance practice wins plaudits from peers and clients that acknowledge its frequent role in representing lenders. The firm was elevated this year into the Oustanding tiers for labour and employment and real estate. Despite a slowdown in the capital markets, Lee & Ko’s traditional dominance in debt capital markets helped it maintain a steady flow of debt deals. Managing partner Yong Seok Ahn is recognised for his corporate and competition expertise. The firm experienced the usual inflow and outflow of talent. Notable movements in 2021 include two capital markets experts, Jung-Myung Lee, Hyeong Min Yoo joining the firm as partners. Hyun Young Ju, an antitrust and competition specialist left the firm while Jeannie Jeong filled the void to enhance the firm’s strength in this sector. The firm’s dispute resolution team has also been expanding over the past years with nine new partners on board.

Client feedback 

Dedicated legal advice on the lender side.” – Aviation and shipping

“Lee & Ko is very up to date with the regulatory requirements in South Korea and was very constructive in working with our timeline.” – Aviation and shipping

The team is very responsive and knows their stuff. Always efficient and effective at getting things done.” – Aviation and shipping

“Very clear and accurate feedback whenever an issue arises.” – Competition and antitrust

“Detailed analysis of legal principles to elaborate countermeasures. Good communication skills with clients.” – Competition and antitrust

Client-friendly attitude, full of practical advice, 24/7 seamless professional service.” – Corporate and M&A

“I can feel that they are really experts in providing legal advice for M&A deal structure, contract, due diligence and deal closing, especially in both Korea and the US.” – Corporate and M&A

“Lee & Ko accurately grasps the fact, composes legal logic elaborately, and properly asserts this during the trial.” – Dispute resolution

“Knowledgeable, predictable, collaborative.” – Dispute resolution

“Very diligent and hands-on for both US and Korean law, and provides a heads-up on any events.” – Energy

“Fast and clear responses. Extremely professional and very swift action once instructions are given” – Intellectual property

“On difficult-to-solve issues, strives to solve problems and actively presents opinions first.” – Intellectual property

“I have been working with them for several years and what astonishes me is that they are extremely enthusiastic about their work. They try to understand each case very thoroughly, checking all the details from A to Z. I got an impression that they are using every given method and resource to bring us the best result.” – Insurance

Expertise in labour and criminal matters.” – Labour and employment

“Knows the industry very well and provides advice clearly.” – Media and entertainment

“Flexibility and client-friendliness.” –Private equity

“Deeply professional and have enthusiasm for providing advice for client's legal matter.” – Regulatory

“Very detailed, hard-working and fast.” – Real estate

“Mindset for clients and deep understanding of industry-specific matters.” – Tax

Jun Woo Cho

“Always consider client's needs and perspectives.”

Chunghwan Choi

“He is very knowledgeable and responsive to our requests.”

Woojin Choi

“Dedicated legal advice.”

Chang Yeon Ho

“Proactively engages with client and depth of knowledge for the insurance industry.”

Jinyoung Jung

“Jinyoung Jung has excellent capabilities in industry sector knowledge and client relationship management.”

Sung Min Kim

“Fast response, client-oriented mind.”

Suruyn Kim

“Sincere preparation, active response to client, and knowledge of the case.”

Daehoon Koo

“Proactive.”

Jinhong Kwon

“He is open to every client.”

“He is a man of great ability on insurance matters.”

“Working with Jinhong Kwon was a great experience. He knows what teamwork is. He possesses excellent communication skills, and he and his team advise clients as a harmonized group.”

Eunwoo Lee

“Eunwoo has clearly demonstrated a very strong understanding of our client's needs. Eunwoo is also clear and practical in her advice.”

Hee Woong Lee

“Real-time response, full knowledge, and practical advice and suggestion of an alternative.”

“I would say that he has high ability of the legal side and he has provided good legal advice to me.”

Kyunghoon Lee

“Quick and friendly feedback, useful and practical advice on compliance matters.”

Miji Lee

“High-quality feedback and legal opinion on urgent issues.”

Jangwoo Park

“He's excellent at persuasion and presentation. It leads to good results in dispute resolution.”

Jung Myong Park

“He has the strongest communication skills and problem-solving ability.”

Keum Nang Park

“Rich experience in pharmaceutical patents.”

Kwang Bae Park

“Flexibility and client-friendliness.”

Sangyong Ra

“Expertise in criminal and labour issues.”

Myunghyun Ryu

“He is very responsive and knowledgeable in this business area. Having him in the team made our life much easier.”

Woo Dong Seok

He is very experienced and good at his job.”

Helen Sohn

“Long-standing experience in the aviation industry advising Korean Air Lines, and knows her stuff.”

“She is very proactive in maintaining contacts. Her clients rely on her advice.”


Work highlights

Advised Kyobo Life Insurance on compliance with the Financial Consumer Protection Act.

Advised Kyobo Group and its affiliates, including Kyobo Life, on the establishment of an integrated member system.

Provided Samsung Life with legal review and analysis with respect to insurance product development.

Key clients

Hanwha Life, LG CNS, LG Energy, Merits Fire and Marine Insurance

Shin & Kim

Shin & Kim maintains its esteemed reputation in the market across all areas. Peers refer to the firm with respect and say that in recent years, the firm is furthering its visibility on matters and building on its historic strengths in capital markets and real estate. The firm boasts a 12-partner strong team dedicated purely to capital markets, one of the largest among all Korean law firms, and runs its IPO and structured finance teams separately under the capital markets wing. The real estate team welcomed four partners, Hyun Lee, Ho Seuk Jang, Seung Hyun Lee, and Kishil Yang from Barun Law. The dispute resolution team is gaining momentum with the addition of eight partners. Meanwhile, 11 lawyers of the team were promoted to partners in 2022.


Work highlights 

Advised KB Insurance on coverage issues arising from a lethal accident in India.

Supported Uber on reviewing insurance requirements under the Insurance Business Act and recent amendments to the Passenger Transportation Services Act.

Advised Assurant on the specific steps for the restructuring involving Assurant Services Korea and TWG Korea which involves a number of considerations from corporate procedures and regulatory reporting to the relevant governmental authorities.

Key clients

American International Group, CJ CheilJedang, General Insurance Association of Korea, Hyundai Marine & Fire Insurance

Yulchon

Yulchon secures its place in the ‘Outstanding’ band for competition, litigation, private equity and tax this year. It climbs up the rankings in the aviation and shipping, and insurance practice areas. Its famed dispute resolution practice has over 250 professionals and keeps apace with an evolving market, creating new disputes practice areas that are novel and innovative. The firm welcomed 14 new joiners over the past two years. Among them, Joon Ho Kwon, the former head of the IPO service team of the Korea Exchange, joined as a partner, and four team members have solid regulatory experience in Korea’s Financial Supervisory Service.

Client feedback 

“Quite professional and efficient. They have rich experience of internal investigations into antitrust cases.” – Competition and antitrust

“Wealth of experience of the designated lawyer. Efficient allocation of limited resources compared to competing law firms in the local market.” – Corporate and M&A

“Timely and detailed advice.” – Corporate and M&A

“Easily accessible partner, high-quality services” – Dispute resolution

“When we entrust a case to Yulchon, a team of lawyers, who are professional in the practice area, is formed for the case, including lawyers who have worked for more than 20 years as judges in the court and professionals who know the issue well. As a client, you can expect the best results. They are passionate, trying to find the best shortcut to winning, and always communicating with us. They also ask us a lot of questions to discover what we are missing or overlooking.” – Dispute resolution

“Yulchon has been able to provide high-quality professional advice on every question and query on this case and came up with the appropriate strategic plan since the start of the appointment. The team comprised all skill sets necessary to defend the case from start to finish and was also able to comprehend the stance of the accused well enough to reflect its best position in the lawsuit. Particularly the lawyer who has field experience in criminal areas from the local police has been a key player to this appointment and, with his one-step-ahead judgement against every correspondence, made it possible to draw the best outcome.” – Dispute resolution

“Their team is responsive, has very high standards and quality. They were our thought partners not only on the technical details but also on the strategy. While we were in the midst of Covid, Christopher Mandel, Wansoo Kim and Larry were supporting us above and beyond their duties. We are forever grateful for their support and care. They also have outstanding communication skills.” – Dispute resolution

“Yulchon wants to find a practical goal that clients cannot express well. Yulchon actively explores what the opponent's strategy will be.” – Dispute resolution

“Yulchon is very logical and reasonable in solving problems and providing customized services to clients.” – Dispute resolution

“Yulchon has expertise in issues related to insurance and perfectly fulfils our requirements.” – Insurance

“Yulchon’s insurance team provides all the insurance-related services that we need ranging from regulatory advice to legislative support on important insurance issues.” – Insurance

“I have been working with them for several years. What astonishes me is that they are extremely enthusiastic about their work. They try to understand each case thoroughly, checking all the details from A to Z. They were using every given method and resource to bring us the best result.” – Insurance

Seamless communication, fast and accurate feedback.” – Intellectual property

“Yulchon is the best firm in this area and is known as the best firm for defending pharmaceutical IP, which is why Boryung chose the firm.” – Intellectual property

“Expertise and enthusiasm.” – Labour and employment

“Active, professional knowledge and rich experience” – Labour and employment

“Professional, deep focus on client's view, solve the problem for client's interests even client doesn't realize it.” – Private equity

“Understands client’s needs well and provides timely advice.” – Private equity

“Yulchon always thinks and gives us professional suggestions from company perspectives.” – Regulatory

Yong Whan Choi

“Yong Whan Choi is really amazing and I believe that he is the number one lawyer related to tax issues. I know that he is really good and positive. He always tries to support his client with the best solutions and results.”

Cecil Saehoon Chung

“Very responsive and has good knowledge of the KFTC.”

“Very experienced in an antitrust investigations, having good knowledge of the automotive industry and good and clear communication skills.”

Dai Won Chung

“He has professional knowledge.”

Seung hyuk Han

“Rapid situation response.”

Woo Young Hur

“Woo Young Hur is an eminent lawyer and expert in the criminal area. He listens, understands the clients’ personal needs and tries to meet their requirements with instant feedback and appropriate advice. He thinks, considers and agonizes himself on clients’ behalf and uses all his best ability to come up with the best outcome out of each scenario.

Shin Hyunhwa

“High understanding of the insurance industry and provides client-friendly advisory services.”

Sang Tae Jeong

“Good communication skills.”

Gun Kim

Good knowledge, management skills and attitude.”

“Strong expertise and diverse experience.”

Jung Woo Lee

“A lot of experience and extensive expertise.”

“Listening skills, responsibilities, communication skills, giving solutions and insights, knowledge of various topics.”

Tea Eun Lee

“Friendly and law-based information is provided quickly.”

Christopher Mandel

“He is responsive, thoughtful and professional. He is extremely responsible and committed as evidenced by the way he supported us in a critical situation while having Covid-19.”

Il Bong Moon

He is known for his wealth of knowledge and experience in financial affairs, above all, in litigation in this area. He has more than 30 years’ experience and know-how as a judge and lawyer, so he is good at providing solutions that are right for the case. If he takes on a case, he actively seeks out facts that are favourable to us, checks possible adverse facts well, and devises necessary strategies accordingly. In Korea, there is no restriction on when to submit claims or evidence, and submissions can be made until the court issues judgment. So, instead of submitting all claims and evidence at the beginning of the case, if necessary, while looking at the other party's claims or evidence, he will submit and attack as necessary. For example, when the opposing party makes a false claim, he simply refutes the part and does not submit evidence, but when the opposing party has difficulty changing his or her opinion, he submits decisive evidence and traps the opposing party.

“He is good at storytelling and coming up with winning strategies, and he is very effective at questioning witnesses.”

Jaehyun Park

“Ability to identify and subsequently address clients' needs.”

Sung Bom Park

Knowledgeable, has rich experience and great at networking.”

Hyun Hwa Shin

“Excellent communication and problem solving skills.”

“She is the head of Yulchon’s insurance team. She is particularly helpful in offering creative solutions to complicated regulatory issues.”

“In-depth expertise in insurance issues.”

Young Su Shin

He knows what teamwork is. He possesses excellent communication skills, and he and his team advise clients as one harmonized group.”

“He is the best insurance practitioner in Korea.”

Doil Son

“Professional and attentive.”

Kim Sung Woo

“He has abundant experience in the private asset management area. He was one of the most popular and experienced judges in this area before joining Yulchon.”

Cho Sang Wook

Close interaction with the client.”

Kyung Ae Yeon

“Her expertise, experience, leadership in meetings, and willingness to resolve clients’ difficulties all point to her being the best counsel in the Korean pharmaceutical industry.”

Yong Pyo Yeom

“He is a very technically and commercially savvy lawyer and understands the client's concerns very well. He is easily accessible and responsive too.”

“Yeom is not only technically excellent but also commercially minded so he understands the intricacies of the client's commercial concerns. Yeom is easily accessible and engages in an approach of collaboration to find the most feasible solutions for the client .”

 


Work highlights 

Advised Samsung Life Insurance on its purchase of UK-based real estate advisor Savills from Savills Investment Management.

Advised DB Insurance on its acquisition of US-based third-party insurance administrator John Mullen & Company.

Acted as legal advisor on a transaction involving the takeover by Hanwha Group's affiliates of a controlling stake in a non-life insurance company based in Indonesia.

Key clients

DGB Life Insurance, KB Insurance, KCC Corporation, Kyobo Life Insurance, Lotte Insurance, Mirae Asset Life Insurance

Intellectual property
Cho & Partners

IP-focused firm Cho & Partners was established in 2002 by Tae-Yeon Cho and Ik Hyun Seo. It is widely recognised in the market for its high-quality representation, particularly in trademark litigation matters. Although the firm, led by the two partners, is not large in size, it punches above its weight with a stellar roster of multinational and domestic clients across a broad spectrum of sectors. The firm has a diverse offering in all aspects of IP, from trademark and patent prosecution to anti-counterfeiting and copyright matters. It has recently been active in domain name disputes, with Cho acting as outside counsel for the Internet Address Domain Name Dispute Resolution Committee. Seo is a panellist for the World Intellectual Property Organisation.

Client feedback 

“This firm has a diverse team of IP experts with different ranges of experience providing good value to clients. They are very responsive and proactive in helping clients resolve IP issues with innovative solutions as well as keeping in mind business considerations.” – Intellectual property

Ik Hyun Seo

“He is very responsive and proactive. He manages client relationships very well. He is also very upfront with his advice and legal counsel and takes into consideration business concerns.”


Work highlights 

Representing US-based streetwear brand Supreme in 10 cancellation actions before the Patent Court. The cancellation actions are against imitation marks which already received negative decisions at the IPT level and were appealed by the registrant.

Representing Louis Vuitton in an appeal against the Intellectual Property Tribunal’s rejection of the client’s new trademark application.

Representing Microsoft in a case against Asiamuyeok Company for the cancellation of its domain name ‘window10.asia’ and an injunction against its sale of product keys for the Windows 10 operating system without the client’s permission. This is the first case in Korea on software product keys and will have a significant impact on the widespread sale of product keys in the country. In February 2021, Microsoft received a favourable decision from the District Court and two weeks later, Asiamuyeok appealed the decision to the High Court. The case is now pending.

Key clients

Apple, Crocs, Dalton

Jipyong

Jipyong is a well-rounded firm that offers representation across all key practice areas and core industries. The firm’s competition and labour and employment practices are highly regarded by peers and clients. Managing partner and labour specialist Ji Hyung Kim is widely-respected in the market, noted as a ‘pillar of industry’ by peers for his extensive experience in this field. Gee Hong Kim frequently acts as lead partner in competition and antitrust cases, and many of the firm’s top M&A matters last year featured corporate partners Cheol Jeong and Min Shin. The equity capital markets practice has an impressive record as issuer’s counsel on numerous listings, including those for SK Biopharmaceuticals and Kakao Games. The firm is deepening its regional footprint with on-the-ground operations in a number of emerging markets such as Indonesia, Myanmar, Laos, and Vietnam. Kyung Taek Park, a partner specialising in banking and finance, left the firm in 2022.

Client feedback 

“Jipyong understands the entertainment industry very well.” – Media and entertainment

“They provide professional legal knowledge and sharing of know-how.” – Real estate

Moonhee Kim

“As far as I know she has been counselling this industry quite long, which gives her lots of experience and diverse perspectives.”


Work highlights

Represented Aekyung Industrial in trademark infringement and compensatory damage actions regarding the words ‘Pumping Toothpaste’.

Represented Dongkook Pharmaceutical in a long-held dispute involving the trademark right of ‘Madecca’. A court decision was secured where it was held that ‘Madecca’ is a valid registered trademark in the first- and second-instance trials.

Represented GigaTera Lighting in a ligitation claiming for an injunction prohibiting the infringement upon the goodwill, which led to a court decision in favour of GigaTera Lighting.

Key clients

Helinox, Kakao Corp, Kakao M Corp, Korea Communications Commission, Korean Publishers Association, Musicow, TSE

Kim & Chang

As the largest and most dominant full-service law firm in Korea, Kim & Chang needs no introduction. It remains unchallenged across the board, maintaining its ‘Outstanding’ ranking in all practice areas and sectors. It is a first-choice firm for many multinationals, international brands and domestic conglomerates. Its sheer size allows the firm to house multiple top-notch specialists in every niche area of practice and push the boundaries of innovation with landmark and sizeable matters. The competition team welcomed talent from the National Court Administration of Korea, the Korea Fair Trade Commission (KFTC), peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s intellectual property pillar gained 17 additional lawyers from various courts and peer firms, while the dispute team was boosted by four.

Client feedback 

“Clear advice and fine documentation for deal structure.” – Aviation and shipping

“Kim & Chang has a large pool of competitive lawyers covering various areas and is able to provide comprehensive reliable legal advice concerning unconventional transactions.” – Aviation and shipping

“Kim & Chang is able to form a perfect support team for its clients, so even the most complex matters can be walked through with seasoned insights. Kim & Chang has the leading professionals in the country. Not only lawyers but also professionals of various backgrounds having the qualities that are right, needed, and appropriate.” – Competition and antitrust

“They provide specific advice for clients as well as interpretation of the law.” – Competition and antitrust

“They find creative solutions for complex issues, manage various workstreams, understand clients’ needs and stakeholders’ interests surrounding different legal matters.” – Competition and antitrust

“Provided timely advise on the transaction structure, conducted legal due diligence and drafted legal documents including shareholder's agreement, sale and purchase agreements, loan documents, security documents, etc.” – Corporate and M&A

“Kim & Chang has the proper systems in place to address clients’ requests. Based on the experience of completing multiple transactions, expertise in all relevant practice areas, and a high understanding of clients’ needs with a thoughtful attitude, the firm has significantly contributed to the process and provided the valuable legal advice we needed.” – Corporate and M&A

“Kim & Chang has profound experience and knowledge of both Korean and Chinese M&A deals and has ample experience in collaborating with Chinese local law firms. Lawyers of the firm are reachable and remain hands-on when working with clients.” – Corporate and M&A

Professional excellence and timely communication.” – Corporate and M&A

“Undisputed number one corporate finance legal advisor in Korea. The absolute quality that Kim & Chang brings to the table is way ahead of what anyone can offer on the street.” – Corporate and M&A

“They do well in communications with clients and litigation strategies. They provide clear deliverables.” – Dispute resolution

“Innovative skill set to win the case.” – Dispute resolution

“Precise and quick report, persuasive brief, successful result, reasonable costs.” – Intellectual property

“Kim & Chang’s greatest strength definitely would be that they have the best expertise. Kim & Chang has a system that not only brings together the top experts in each practice area but also allows them to fully demonstrate their abilities, which distinguishes the firm from others.” – Insurance

“Kim & Chang’s insurance team has top-notch professionals who provide a comprehensive solution to the issues. Most attorneys have an in-depth understanding of industry-wide issues and keep track of the latest legislative updates, so whenever I need to get advice on any issue, they are already aware of the issue or quickly follow client-specific concerns in the right context. If we need to engage regulators or lightly tap the regulator stance, Kim & Chang team is also capable of efficiently engaging them through its advisory group consisting of ex-FSS/FSC officials.” – Insurance

“Reliably provide the most up-to-date and accurate advice amid evolving regulations. Practical advice that is user-friendly from the perspective of in-house counsel.” – Labour and employment

“Kim & Chang’s team was very professional and incremental in providing their legal services, which led our union negotiations into a successful practice while minimizing the business risk.” – Labour and employment

“They offer active management of key stakeholders above country level and support the local management to drive effective communication and decision-making process.” – Labour and employment

“Kim & Chang is the best law firm in Korea with many experienced lawyers. As a private equity professional, I am facing many challenging situations in terms of investment and portfolio management. Kim & Chang always has helped us in a very timely manner. I particularly like the way Kim & Chang advises us decisively so that we can make decisions comfortably.” – Private equity

“The firm, with its experience in international deals, advised us of global practices.” – Private equity

“Kim & Chang showed excellence in effectively grasping the core issues and providing the most reliable advice and recommendations under each given circumstance, deriving the most favourable outcome at the KCA.” – Regulatory

“They are very good at dealing with regulatory bodies and they have special know-how on persuading the regulatory bodies.” – Regulatory

“Strong technical knowledge and good relationship with the tax authorities” – Tax

“Communicate timely and clearly.” – Tax

Sangmi Baek

“She has demonstrated expertise in her area of work.”

Yonghoon Cho

“Excellent client relationship management and capability to build trust.”

Dong Shik Choi

“Experience, reliability and integrity.”

MJ Chung

“The only lawyer I completely entrust with legal and regulatory matters related to corporate finance and capital markets in Korea. MJ Chung is an industry-defining, living legend in Korean legal matters.”

Minha Gang

“Detailed analysis and good advice provided.”

Ji Soo Jang

“Easily accessible and provides the extra advice and explanation that in-house counsel might need.”

Don Jeon

“Don has the innovative skill set needed to turn a losing matter into a winning one.”

Jongwon Jeon

“Managing multiple workstreams for complex legal issues.”

Ji Young Jung

“She is very responsive and professional.”

Gihoon Kim

“Gihoon shows excellence in communicating with clients, very effectively grasps the core issues, provides specific suggestions in every project and assignment we have requested from him.”

Hyosang Kim

“Hyosang's depth of knowledge and experience surprises his client. As a relationship partner, he is able to provide advice in any area and we feel extremely comfortable reaching out to him for advice on any matter. He is also good at managing client relationships. We are extremely satisfied with his service, professionalism, knowledge, and insight.”

Teo Kim

“Punctuality and professional knowledge.”

Tae Hyuk Ko

“Provides specific advice for clients as well as interpretation of the law.”

Chunsoo Lee

“He explores the most suitable solutions and provides thorough advice. He provides a clear outline for each case and develops strategies and key arguments based on thorough analysis.”

Dohyung Lee

“Dohyung shows excellence in communicating with clients, very effectively grasps the core issues, provides the most sound and reliable suggestions in any project or assignments we have requested him with.”

Hyo Je Lee

“Attorney Hyo Je Lee is a very rare attorney who is great in every aspect. He is not only bright on law, sagaciously and skillfully handling legal work, but also has a strong sense of responsibility, prepares everything carefully, and has a good relationship.”

Kyungyoon Lee

“Lee has profound experience and knowledge of global M&A deals and has ample experience in collaborating with global law firms. He is reachable and remains hands-on working with clients.”

Sangwoo Lee

“Prompt feedback and good rationale.”

Shin Kwon Lim

“He has prolonged experience in the private equity and M&A area, and is able to give guidance when uncertainty occurs.”

Jina Myung

“Provided proper advice and timely solution on our legal issue. Her advice and solution have worked well and enabled us to make our trades successfully.”

TY Nam

“Very professional and has clear communication skill besides the deep knowledge of the field.”

Hyunjae Park

“Very practical and user-friendly advice. He is very good at seeing himself in the shoes of the client and also makes sure he has a high understanding of the client's organization and situation.”

Min Chul Park

“Min Chul Park is the leading lawyer in the TMT industry. With experience as a previous government official, he has vast knowledge in technology regulations. He has deep knowledge and experience in the media and entertainment industry and is capable of providing creative solutions in the most difficult situations. He is also very responsive and provides advice in the most difficult hours - whether it is near midnight or at the weekends.”

Wanbin Park

He is really proactive and well prepared for our inquiries. I want to recommend him, especially for regulatory issues on licences and permits.”

Hyun Wook Shin

“Shin is highly professional in understanding client's concerns and addressing the exact issue with the right solutions or at least the most viable solutions which are reasonably compromising. This seems to be attributable to his up-to-date knowledge of industry-wide issues and intensive experience dealing with all kinds of issues arising from the insurance business. I would particularly recommend him because he is not only an excellent attorney but extremely easy to talk to with any issue under any circumstances. Very client-friendly and never compromises his quality of work or client's risk management.”

“Client friendly and has deep and long-standing experience as well as knowledge in the insurance sector.”

Sangmyoung Shin

“He has a comprehensive view on how to handle legal matters involving financial transactions and is proficient with coordination within Kim & Chang to come up with an effective solution.”

Jay Young-June Yang

“The best lawyer in the Korean IP field, always responsive and helpful.”

 

Work highlights 

Represented Bristol-Myers Squibb Holdings against a patent challenge brought by generics.

Represented AstraZeneca in Korea’s first court decision to find infringement by a prodrug of a compound patent.

Represented Novartis in an invalidation action against a patent for a sustained release formulation containing octreotide.

Key clients

Alviero Martini, Chungho System, Dasco, Dongbang LED, Paldo, Korean Baseball League teams

Lee & Ko

An undisputed premier firm, Lee & Ko holds steady in the rankings as a foolproof choice for its impressive roster of offshore and onshore clients. Its renowned finance practice wins plaudits from peers and clients that acknowledge its frequent role in representing lenders. The firm was elevated this year into the Oustanding tiers for labour and employment and real estate. Despite a slowdown in the capital markets, Lee & Ko’s traditional dominance in debt capital markets helped it maintain a steady flow of debt deals. Managing partner Yong Seok Ahn is recognised for his corporate and competition expertise. The firm experienced the usual inflow and outflow of talent. Notable movements in 2021 include two capital markets experts, Jung-Myung Lee, Hyeong Min Yoo joining the firm as partners. Hyun Young Ju, an antitrust and competition specialist left the firm while Jeannie Jeong filled the void to enhance the firm’s strength in this sector. The firm’s dispute resolution team has also been expanding over the past years with nine new partners on board.

Client feedback 

Dedicated legal advice on the lender side.” – Aviation and shipping

“Lee & Ko is very up to date with the regulatory requirements in South Korea and was very constructive in working with our timeline.” – Aviation and shipping

The team is very responsive and knows their stuff. Always efficient and effective at getting things done.” – Aviation and shipping

“Very clear and accurate feedback whenever an issue arises.” – Competition and antitrust

“Detailed analysis of legal principles to elaborate countermeasures. Good communication skills with clients.” – Competition and antitrust

Client-friendly attitude, full of practical advice, 24/7 seamless professional service.” – Corporate and M&A

“I can feel that they are really experts in providing legal advice for M&A deal structure, contract, due diligence and deal closing, especially in both Korea and the US.” – Corporate and M&A

“Lee & Ko accurately grasps the fact, composes legal logic elaborately, and properly asserts this during the trial.” – Dispute resolution

“Knowledgeable, predictable, collaborative.” – Dispute resolution

“Very diligent and hands-on for both US and Korean law, and provides a heads-up on any events.” – Energy

“Fast and clear responses. Extremely professional and very swift action once instructions are given” – Intellectual property

“On difficult-to-solve issues, strives to solve problems and actively presents opinions first.” – Intellectual property

“I have been working with them for several years and what astonishes me is that they are extremely enthusiastic about their work. They try to understand each case very thoroughly, checking all the details from A to Z. I got an impression that they are using every given method and resource to bring us the best result.” – Insurance

Expertise in labour and criminal matters.” – Labour and employment

“Knows the industry very well and provides advice clearly.” – Media and entertainment

“Flexibility and client-friendliness.” –Private equity

“Deeply professional and have enthusiasm for providing advice for client's legal matter.” – Regulatory

“Very detailed, hard-working and fast.” – Real estate

“Mindset for clients and deep understanding of industry-specific matters.” – Tax

Jun Woo Cho

“Always consider client's needs and perspectives.”

Chunghwan Choi

“He is very knowledgeable and responsive to our requests.”

Woojin Choi

“Dedicated legal advice.”

Chang Yeon Ho

“Proactively engages with client and depth of knowledge for the insurance industry.”

Jinyoung Jung

“Jinyoung Jung has excellent capabilities in industry sector knowledge and client relationship management.”

Sung Min Kim

“Fast response, client-oriented mind.”

Suruyn Kim

“Sincere preparation, active response to client, and knowledge of the case.”

Daehoon Koo

“Proactive.”

Jinhong Kwon

“He is open to every client.”

“He is a man of great ability on insurance matters.”

“Working with Jinhong Kwon was a great experience. He knows what teamwork is. He possesses excellent communication skills, and he and his team advise clients as a harmonized group.”

Eunwoo Lee

“Eunwoo has clearly demonstrated a very strong understanding of our client's needs. Eunwoo is also clear and practical in her advice.”

Hee Woong Lee

“Real-time response, full knowledge, and practical advice and suggestion of an alternative.”

“I would say that he has high ability of the legal side and he has provided good legal advice to me.”

Kyunghoon Lee

“Quick and friendly feedback, useful and practical advice on compliance matters.”

Miji Lee

“High-quality feedback and legal opinion on urgent issues.”

Jangwoo Park

“He's excellent at persuasion and presentation. It leads to good results in dispute resolution.”

Jung Myong Park

“He has the strongest communication skills and problem-solving ability.”

Keum Nang Park

“Rich experience in pharmaceutical patents.”

Kwang Bae Park

“Flexibility and client-friendliness.”

Sangyong Ra

“Expertise in criminal and labour issues.”

Myunghyun Ryu

“He is very responsive and knowledgeable in this business area. Having him in the team made our life much easier.”

Woo Dong Seok

He is very experienced and good at his job.”

Helen Sohn

“Long-standing experience in the aviation industry advising Korean Air Lines, and knows her stuff.”

“She is very proactive in maintaining contacts. Her clients rely on her advice.”


Work highlights 

Representing Viiv Healthcare Company and Shionogi & Co in bet-the-company patent infringement and damages actions against the infringer, a pharmaceutical company.

Representing Novartis International in a non-infringement confirmation action initiated by Korean generic companies, the outcome of which will be the first ruling of a Korean court on a complex patent.

Representing Laboratoire HRA Pharma in the Korean market in claiming infringement and seeking damages against generic companies.

Key clients

CBC Group Consortium, Regeneron Pharmaceuticals, SKC Kolon PI, SK Materials, Umicore

Shin & Kim

Shin & Kim maintains its esteemed reputation in the market across all areas. Peers refer to the firm with respect and say that in recent years, the firm is furthering its visibility on matters and building on its historic strengths in capital markets and real estate. The firm boasts a 12-partner strong team dedicated purely to capital markets, one of the largest among all Korean law firms, and runs its IPO and structured finance teams separately under the capital markets wing. The real estate team welcomed four partners, Hyun Lee, Ho Seuk Jang, Seung Hyun Lee, and Kishil Yang from Barun Law. The dispute resolution team is gaining momentum with the addition of eight partners. Meanwhile, 11 lawyers of the team were promoted to partners in 2022.


Work highlights 

Represented Golfzon in a court case claiming prohibition of infringement of patent rights by its competitors.

Successfully represented a group of copyright holders in persuading the Supreme Court that liability should be attributable to link sites for providing ‘accessibility’ that aids in copyright infringement.

Defended SK Biosensor in a lawsuit filed by a domestic SME seeking prohibition of patent infringement and compensation of damage.

Key clients

Essen Tech, Korea Broadcasting Station, Ministry of Culture, Sports and Tourism, Neo ICP Korea, NewZen Solution, Samsung Electronics

Yulchon

Yulchon secures its place in the ‘Outstanding’ band for competition, litigation, private equity and tax this year. It climbs up the rankings in the aviation and shipping, and insurance practice areas. Its famed dispute resolution practice has over 250 professionals and keeps apace with an evolving market, creating new disputes practice areas that are novel and innovative. The firm welcomed 14 new joiners over the past two years. Among them, Joon Ho Kwon, the former head of the IPO service team of the Korea Exchange, joined as a partner, and four team members have solid regulatory experience in Korea’s Financial Supervisory Service.

Client feedback 

“Quite professional and efficient. They have rich experience of internal investigations into antitrust cases.” – Competition and antitrust

“Wealth of experience of the designated lawyer. Efficient allocation of limited resources compared to competing law firms in the local market.” – Corporate and M&A

“Timely and detailed advice.” – Corporate and M&A

“Easily accessible partner, high-quality services” – Dispute resolution

“When we entrust a case to Yulchon, a team of lawyers, who are professional in the practice area, is formed for the case, including lawyers who have worked for more than 20 years as judges in the court and professionals who know the issue well. As a client, you can expect the best results. They are passionate, trying to find the best shortcut to winning, and always communicating with us. They also ask us a lot of questions to discover what we are missing or overlooking.” – Dispute resolution

“Yulchon has been able to provide high-quality professional advice on every question and query on this case and came up with the appropriate strategic plan since the start of the appointment. The team comprised all skill sets necessary to defend the case from start to finish and was also able to comprehend the stance of the accused well enough to reflect its best position in the lawsuit. Particularly the lawyer who has field experience in criminal areas from the local police has been a key player to this appointment and, with his one-step-ahead judgement against every correspondence, made it possible to draw the best outcome.” – Dispute resolution

“Their team is responsive, has very high standards and quality. They were our thought partners not only on the technical details but also on the strategy. While we were in the midst of Covid, Christopher Mandel, Wansoo Kim and Larry were supporting us above and beyond their duties. We are forever grateful for their support and care. They also have outstanding communication skills.” – Dispute resolution

“Yulchon wants to find a practical goal that clients cannot express well. Yulchon actively explores what the opponent's strategy will be.” – Dispute resolution

“Yulchon is very logical and reasonable in solving problems and providing customized services to clients.” – Dispute resolution

“Yulchon has expertise in issues related to insurance and perfectly fulfils our requirements.” – Insurance

“Yulchon’s insurance team provides all the insurance-related services that we need ranging from regulatory advice to legislative support on important insurance issues.” – Insurance

“I have been working with them for several years. What astonishes me is that they are extremely enthusiastic about their work. They try to understand each case thoroughly, checking all the details from A to Z. They were using every given method and resource to bring us the best result.” – Insurance

Seamless communication, fast and accurate feedback.” – Intellectual property

“Yulchon is the best firm in this area and is known as the best firm for defending pharmaceutical IP, which is why Boryung chose the firm.” – Intellectual property

“Expertise and enthusiasm.” – Labour and employment

“Active, professional knowledge and rich experience” – Labour and employment

“Professional, deep focus on client's view, solve the problem for client's interests even client doesn't realize it.” – Private equity

“Understands client’s needs well and provides timely advice.” – Private equity

“Yulchon always thinks and gives us professional suggestions from company perspectives.” – Regulatory

Yong Whan Choi

“Yong Whan Choi is really amazing and I believe that he is the number one lawyer related to tax issues. I know that he is really good and positive. He always tries to support his client with the best solutions and results.”

Cecil Saehoon Chung

“Very responsive and has good knowledge of the KFTC.”

“Very experienced in an antitrust investigations, having good knowledge of the automotive industry and good and clear communication skills.”

Dai Won Chung

“He has professional knowledge.”

Seung hyuk Han

“Rapid situation response.”

Woo Young Hur

“Woo Young Hur is an eminent lawyer and expert in the criminal area. He listens, understands the clients’ personal needs and tries to meet their requirements with instant feedback and appropriate advice. He thinks, considers and agonizes himself on clients’ behalf and uses all his best ability to come up with the best outcome out of each scenario.

Shin Hyunhwa

“High understanding of the insurance industry and provides client-friendly advisory services.”

Sang Tae Jeong

“Good communication skills.”

Gun Kim

Good knowledge, management skills and attitude.”

“Strong expertise and diverse experience.”

Jung Woo Lee

“A lot of experience and extensive expertise.”

“Listening skills, responsibilities, communication skills, giving solutions and insights, knowledge of various topics.”

Tea Eun Lee

“Friendly and law-based information is provided quickly.”

Christopher Mandel

“He is responsive, thoughtful and professional. He is extremely responsible and committed as evidenced by the way he supported us in a critical situation while having Covid-19.”

Il Bong Moon

He is known for his wealth of knowledge and experience in financial affairs, above all, in litigation in this area. He has more than 30 years’ experience and know-how as a judge and lawyer, so he is good at providing solutions that are right for the case. If he takes on a case, he actively seeks out facts that are favourable to us, checks possible adverse facts well, and devises necessary strategies accordingly. In Korea, there is no restriction on when to submit claims or evidence, and submissions can be made until the court issues judgment. So, instead of submitting all claims and evidence at the beginning of the case, if necessary, while looking at the other party's claims or evidence, he will submit and attack as necessary. For example, when the opposing party makes a false claim, he simply refutes the part and does not submit evidence, but when the opposing party has difficulty changing his or her opinion, he submits decisive evidence and traps the opposing party.

“He is good at storytelling and coming up with winning strategies, and he is very effective at questioning witnesses.”

Jaehyun Park

“Ability to identify and subsequently address clients' needs.”

Sung Bom Park

Knowledgeable, has rich experience and great at networking.”

Hyun Hwa Shin

“Excellent communication and problem solving skills.”

“She is the head of Yulchon’s insurance team. She is particularly helpful in offering creative solutions to complicated regulatory issues.”

“In-depth expertise in insurance issues.”

Young Su Shin

He knows what teamwork is. He possesses excellent communication skills, and he and his team advise clients as one harmonized group.”

“He is the best insurance practitioner in Korea.”

Doil Son

“Professional and attentive.”

Kim Sung Woo

“He has abundant experience in the private asset management area. He was one of the most popular and experienced judges in this area before joining Yulchon.”

Cho Sang Wook

Close interaction with the client.”

Kyung Ae Yeon

“Her expertise, experience, leadership in meetings, and willingness to resolve clients’ difficulties all point to her being the best counsel in the Korean pharmaceutical industry.”

Yong Pyo Yeom

“He is a very technically and commercially savvy lawyer and understands the client's concerns very well. He is easily accessible and responsive too.”

“Yeom is not only technically excellent but also commercially minded so he understands the intricacies of the client's commercial concerns. Yeom is easily accessible and engages in an approach of collaboration to find the most feasible solutions for the client .”

 


Work highlights 

Represented HiCon, a Korean semi-conductor testing equipment manufacturer, and its CEO against Dallas-based Plastronics Socket Partners and Plastronics H-Pin in a rare defence jury victory in the Eastern District of Texas.

Successfully defended ToolGen against criminal charges relating to CRISPR/Cas9 technology.

Investment funds
Kim & Chang

As the largest and most dominant full-service law firm in Korea, Kim & Chang needs no introduction. It remains unchallenged across the board, maintaining its ‘Outstanding’ ranking in all practice areas and sectors. It is a first-choice firm for many multinationals, international brands and domestic conglomerates. Its sheer size allows the firm to house multiple top-notch specialists in every niche area of practice and push the boundaries of innovation with landmark and sizeable matters. The competition team welcomed talent from the National Court Administration of Korea, the Korea Fair Trade Commission (KFTC), peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s intellectual property pillar gained 17 additional lawyers from various courts and peer firms, while the dispute team was boosted by four.

Client feedback 

“Clear advice and fine documentation for deal structure.” – Aviation and shipping

“Kim & Chang has a large pool of competitive lawyers covering various areas and is able to provide comprehensive reliable legal advice concerning unconventional transactions.” – Aviation and shipping

“Kim & Chang is able to form a perfect support team for its clients, so even the most complex matters can be walked through with seasoned insights. Kim & Chang has the leading professionals in the country. Not only lawyers but also professionals of various backgrounds having the qualities that are right, needed, and appropriate.” – Competition and antitrust

“They provide specific advice for clients as well as interpretation of the law.” – Competition and antitrust

“They find creative solutions for complex issues, manage various workstreams, understand clients’ needs and stakeholders’ interests surrounding different legal matters.” – Competition and antitrust

“Provided timely advise on the transaction structure, conducted legal due diligence and drafted legal documents including shareholder's agreement, sale and purchase agreements, loan documents, security documents, etc.” – Corporate and M&A

“Kim & Chang has the proper systems in place to address clients’ requests. Based on the experience of completing multiple transactions, expertise in all relevant practice areas, and a high understanding of clients’ needs with a thoughtful attitude, the firm has significantly contributed to the process and provided the valuable legal advice we needed.” – Corporate and M&A

“Kim & Chang has profound experience and knowledge of both Korean and Chinese M&A deals and has ample experience in collaborating with Chinese local law firms. Lawyers of the firm are reachable and remain hands-on when working with clients.” – Corporate and M&A

Professional excellence and timely communication.” – Corporate and M&A

“Undisputed number one corporate finance legal advisor in Korea. The absolute quality that Kim & Chang brings to the table is way ahead of what anyone can offer on the street.” – Corporate and M&A

“They do well in communications with clients and litigation strategies. They provide clear deliverables.” – Dispute resolution

“Innovative skill set to win the case.” – Dispute resolution

“Precise and quick report, persuasive brief, successful result, reasonable costs.” – Intellectual property

“Kim & Chang’s greatest strength definitely would be that they have the best expertise. Kim & Chang has a system that not only brings together the top experts in each practice area but also allows them to fully demonstrate their abilities, which distinguishes the firm from others.” – Insurance

“Kim & Chang’s insurance team has top-notch professionals who provide a comprehensive solution to the issues. Most attorneys have an in-depth understanding of industry-wide issues and keep track of the latest legislative updates, so whenever I need to get advice on any issue, they are already aware of the issue or quickly follow client-specific concerns in the right context. If we need to engage regulators or lightly tap the regulator stance, Kim & Chang team is also capable of efficiently engaging them through its advisory group consisting of ex-FSS/FSC officials.” – Insurance

“Reliably provide the most up-to-date and accurate advice amid evolving regulations. Practical advice that is user-friendly from the perspective of in-house counsel.” – Labour and employment

“Kim & Chang’s team was very professional and incremental in providing their legal services, which led our union negotiations into a successful practice while minimizing the business risk.” – Labour and employment

“They offer active management of key stakeholders above country level and support the local management to drive effective communication and decision-making process.” – Labour and employment

“Kim & Chang is the best law firm in Korea with many experienced lawyers. As a private equity professional, I am facing many challenging situations in terms of investment and portfolio management. Kim & Chang always has helped us in a very timely manner. I particularly like the way Kim & Chang advises us decisively so that we can make decisions comfortably.” – Private equity

“The firm, with its experience in international deals, advised us of global practices.” – Private equity

“Kim & Chang showed excellence in effectively grasping the core issues and providing the most reliable advice and recommendations under each given circumstance, deriving the most favourable outcome at the KCA.” – Regulatory

“They are very good at dealing with regulatory bodies and they have special know-how on persuading the regulatory bodies.” – Regulatory

“Strong technical knowledge and good relationship with the tax authorities” – Tax

“Communicate timely and clearly.” – Tax

Sangmi Baek

“She has demonstrated expertise in her area of work.”

Yonghoon Cho

“Excellent client relationship management and capability to build trust.”

Dong Shik Choi

“Experience, reliability and integrity.”

MJ Chung

“The only lawyer I completely entrust with legal and regulatory matters related to corporate finance and capital markets in Korea. MJ Chung is an industry-defining, living legend in Korean legal matters.”

Minha Gang

“Detailed analysis and good advice provided.”

Ji Soo Jang

“Easily accessible and provides the extra advice and explanation that in-house counsel might need.”

Don Jeon

“Don has the innovative skill set needed to turn a losing matter into a winning one.”

Jongwon Jeon

“Managing multiple workstreams for complex legal issues.”

Ji Young Jung

“She is very responsive and professional.”

Gihoon Kim

“Gihoon shows excellence in communicating with clients, very effectively grasps the core issues, provides specific suggestions in every project and assignment we have requested from him.”

Hyosang Kim

“Hyosang's depth of knowledge and experience surprises his client. As a relationship partner, he is able to provide advice in any area and we feel extremely comfortable reaching out to him for advice on any matter. He is also good at managing client relationships. We are extremely satisfied with his service, professionalism, knowledge, and insight.”

Teo Kim

“Punctuality and professional knowledge.”

Tae Hyuk Ko

“Provides specific advice for clients as well as interpretation of the law.”

Chunsoo Lee

“He explores the most suitable solutions and provides thorough advice. He provides a clear outline for each case and develops strategies and key arguments based on thorough analysis.”

Dohyung Lee

“Dohyung shows excellence in communicating with clients, very effectively grasps the core issues, provides the most sound and reliable suggestions in any project or assignments we have requested him with.”

Hyo Je Lee

“Attorney Hyo Je Lee is a very rare attorney who is great in every aspect. He is not only bright on law, sagaciously and skillfully handling legal work, but also has a strong sense of responsibility, prepares everything carefully, and has a good relationship.”

Kyungyoon Lee

“Lee has profound experience and knowledge of global M&A deals and has ample experience in collaborating with global law firms. He is reachable and remains hands-on working with clients.”

Sangwoo Lee

“Prompt feedback and good rationale.”

Shin Kwon Lim

“He has prolonged experience in the private equity and M&A area, and is able to give guidance when uncertainty occurs.”

Jina Myung

“Provided proper advice and timely solution on our legal issue. Her advice and solution have worked well and enabled us to make our trades successfully.”

TY Nam

“Very professional and has clear communication skill besides the deep knowledge of the field.”

Hyunjae Park

“Very practical and user-friendly advice. He is very good at seeing himself in the shoes of the client and also makes sure he has a high understanding of the client's organization and situation.”

Min Chul Park

“Min Chul Park is the leading lawyer in the TMT industry. With experience as a previous government official, he has vast knowledge in technology regulations. He has deep knowledge and experience in the media and entertainment industry and is capable of providing creative solutions in the most difficult situations. He is also very responsive and provides advice in the most difficult hours - whether it is near midnight or at the weekends.”

Wanbin Park

He is really proactive and well prepared for our inquiries. I want to recommend him, especially for regulatory issues on licences and permits.”

Hyun Wook Shin

“Shin is highly professional in understanding client's concerns and addressing the exact issue with the right solutions or at least the most viable solutions which are reasonably compromising. This seems to be attributable to his up-to-date knowledge of industry-wide issues and intensive experience dealing with all kinds of issues arising from the insurance business. I would particularly recommend him because he is not only an excellent attorney but extremely easy to talk to with any issue under any circumstances. Very client-friendly and never compromises his quality of work or client's risk management.”

“Client friendly and has deep and long-standing experience as well as knowledge in the insurance sector.”

Sangmyoung Shin

“He has a comprehensive view on how to handle legal matters involving financial transactions and is proficient with coordination within Kim & Chang to come up with an effective solution.”

Jay Young-June Yang

“The best lawyer in the Korean IP field, always responsive and helpful.”

 

Work highlights 

Advised Crescendo on the formation of a Korean private equity fund in a Korean small and medium-sized enterprise designated by the Korean government as the New Deal Section.

Advised Affirma Capital Managers Korea on the establishment of Ascenta V, the fifth blind fund by the client.

Key clients

Hyundai Investments, PTA Equity Partners, Stic Investments, VIG Partners

Lee & Ko

An undisputed premier firm, Lee & Ko holds steady in the rankings as a foolproof choice for its impressive roster of offshore and onshore clients. Its renowned finance practice wins plaudits from peers and clients that acknowledge its frequent role in representing lenders. The firm was elevated this year into the Oustanding tiers for labour and employment and real estate. Despite a slowdown in the capital markets, Lee & Ko’s traditional dominance in debt capital markets helped it maintain a steady flow of debt deals. Managing partner Yong Seok Ahn is recognised for his corporate and competition expertise. The firm experienced the usual inflow and outflow of talent. Notable movements in 2021 include two capital markets experts, Jung-Myung Lee, Hyeong Min Yoo joining the firm as partners. Hyun Young Ju, an antitrust and competition specialist left the firm while Jeannie Jeong filled the void to enhance the firm’s strength in this sector. The firm’s dispute resolution team has also been expanding over the past years with nine new partners on board.

Client feedback 

Dedicated legal advice on the lender side.” – Aviation and shipping

“Lee & Ko is very up to date with the regulatory requirements in South Korea and was very constructive in working with our timeline.” – Aviation and shipping

The team is very responsive and knows their stuff. Always efficient and effective at getting things done.” – Aviation and shipping

“Very clear and accurate feedback whenever an issue arises.” – Competition and antitrust

“Detailed analysis of legal principles to elaborate countermeasures. Good communication skills with clients.” – Competition and antitrust

Client-friendly attitude, full of practical advice, 24/7 seamless professional service.” – Corporate and M&A

“I can feel that they are really experts in providing legal advice for M&A deal structure, contract, due diligence and deal closing, especially in both Korea and the US.” – Corporate and M&A

“Lee & Ko accurately grasps the fact, composes legal logic elaborately, and properly asserts this during the trial.” – Dispute resolution

“Knowledgeable, predictable, collaborative.” – Dispute resolution

“Very diligent and hands-on for both US and Korean law, and provides a heads-up on any events.” – Energy

“Fast and clear responses. Extremely professional and very swift action once instructions are given” – Intellectual property

“On difficult-to-solve issues, strives to solve problems and actively presents opinions first.” – Intellectual property

“I have been working with them for several years and what astonishes me is that they are extremely enthusiastic about their work. They try to understand each case very thoroughly, checking all the details from A to Z. I got an impression that they are using every given method and resource to bring us the best result.” – Insurance

Expertise in labour and criminal matters.” – Labour and employment

“Knows the industry very well and provides advice clearly.” – Media and entertainment

“Flexibility and client-friendliness.” –Private equity

“Deeply professional and have enthusiasm for providing advice for client's legal matter.” – Regulatory

“Very detailed, hard-working and fast.” – Real estate

“Mindset for clients and deep understanding of industry-specific matters.” – Tax

Jun Woo Cho

“Always consider client's needs and perspectives.”

Chunghwan Choi

“He is very knowledgeable and responsive to our requests.”

Woojin Choi

“Dedicated legal advice.”

Chang Yeon Ho

“Proactively engages with client and depth of knowledge for the insurance industry.”

Jinyoung Jung

“Jinyoung Jung has excellent capabilities in industry sector knowledge and client relationship management.”

Sung Min Kim

“Fast response, client-oriented mind.”

Suruyn Kim

“Sincere preparation, active response to client, and knowledge of the case.”

Daehoon Koo

“Proactive.”

Jinhong Kwon

“He is open to every client.”

“He is a man of great ability on insurance matters.”

“Working with Jinhong Kwon was a great experience. He knows what teamwork is. He possesses excellent communication skills, and he and his team advise clients as a harmonized group.”

Eunwoo Lee

“Eunwoo has clearly demonstrated a very strong understanding of our client's needs. Eunwoo is also clear and practical in her advice.”

Hee Woong Lee

“Real-time response, full knowledge, and practical advice and suggestion of an alternative.”

“I would say that he has high ability of the legal side and he has provided good legal advice to me.”

Kyunghoon Lee

“Quick and friendly feedback, useful and practical advice on compliance matters.”

Miji Lee

“High-quality feedback and legal opinion on urgent issues.”

Jangwoo Park

“He's excellent at persuasion and presentation. It leads to good results in dispute resolution.”

Jung Myong Park

“He has the strongest communication skills and problem-solving ability.”

Keum Nang Park

“Rich experience in pharmaceutical patents.”

Kwang Bae Park

“Flexibility and client-friendliness.”

Sangyong Ra

“Expertise in criminal and labour issues.”

Myunghyun Ryu

“He is very responsive and knowledgeable in this business area. Having him in the team made our life much easier.”

Woo Dong Seok

He is very experienced and good at his job.”

Helen Sohn

“Long-standing experience in the aviation industry advising Korean Air Lines, and knows her stuff.”

“She is very proactive in maintaining contacts. Her clients rely on her advice.”


Work highlights 

Assisted Tiger Alternative Asset Management in setting up a blind fund whose primary purpose is to invest in senior project finance.

Advised Hana Alternative Asset Management on the acquisition of the Alyx Tower through a private real estate fund.

Advised Koramco Asset Management on the acquisition of two student housing properties located in Syracuse, New York and Austin, Texas.

Key clients

KB Asset Management, Midas Asset Management, PineStreet Asset Management,Tiger Alternative Investment

Labour and employment
Jipyong

Jipyong is a well-rounded firm that offers representation across all key practice areas and core industries. The firm’s competition and labour and employment practices are highly regarded by peers and clients. Managing partner and labour specialist Ji Hyung Kim is widely-respected in the market, noted as a ‘pillar of industry’ by peers for his extensive experience in this field. Gee Hong Kim frequently acts as lead partner in competition and antitrust cases, and many of the firm’s top M&A matters last year featured corporate partners Cheol Jeong and Min Shin. The equity capital markets practice has an impressive record as issuer’s counsel on numerous listings, including those for SK Biopharmaceuticals and Kakao Games. The firm is deepening its regional footprint with on-the-ground operations in a number of emerging markets such as Indonesia, Myanmar, Laos, and Vietnam. Kyung Taek Park, a partner specialising in banking and finance, left the firm in 2022.

Client feedback 

“Jipyong understands the entertainment industry very well.” – Media and entertainment

“They provide professional legal knowledge and sharing of know-how.” – Real estate

Moonhee Kim

“As far as I know she has been counselling this industry quite long, which gives her lots of experience and diverse perspectives.”


Work highlights 

Represented Hankook Tire & Technology in an administrative action brought by the employer objecting to claims of unfair labour practice made by the Labor Relations Commission. The company won the case.

Represented Paris Croissant in an appeal to the illegal secondment claim filed by bakers working for Paris Baguette.

Kim & Chang

As the largest and most dominant full-service law firm in Korea, Kim & Chang needs no introduction. It remains unchallenged across the board, maintaining its ‘Outstanding’ ranking in all practice areas and sectors. It is a first-choice firm for many multinationals, international brands and domestic conglomerates. Its sheer size allows the firm to house multiple top-notch specialists in every niche area of practice and push the boundaries of innovation with landmark and sizeable matters. The competition team welcomed talent from the National Court Administration of Korea, the Korea Fair Trade Commission (KFTC), peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s intellectual property pillar gained 17 additional lawyers from various courts and peer firms, while the dispute team was boosted by four.

Client feedback 

“Clear advice and fine documentation for deal structure.” – Aviation and shipping

“Kim & Chang has a large pool of competitive lawyers covering various areas and is able to provide comprehensive reliable legal advice concerning unconventional transactions.” – Aviation and shipping

“Kim & Chang is able to form a perfect support team for its clients, so even the most complex matters can be walked through with seasoned insights. Kim & Chang has the leading professionals in the country. Not only lawyers but also professionals of various backgrounds having the qualities that are right, needed, and appropriate.” – Competition and antitrust

“They provide specific advice for clients as well as interpretation of the law.” – Competition and antitrust

“They find creative solutions for complex issues, manage various workstreams, understand clients’ needs and stakeholders’ interests surrounding different legal matters.” – Competition and antitrust

“Provided timely advise on the transaction structure, conducted legal due diligence and drafted legal documents including shareholder's agreement, sale and purchase agreements, loan documents, security documents, etc.” – Corporate and M&A

“Kim & Chang has the proper systems in place to address clients’ requests. Based on the experience of completing multiple transactions, expertise in all relevant practice areas, and a high understanding of clients’ needs with a thoughtful attitude, the firm has significantly contributed to the process and provided the valuable legal advice we needed.” – Corporate and M&A

“Kim & Chang has profound experience and knowledge of both Korean and Chinese M&A deals and has ample experience in collaborating with Chinese local law firms. Lawyers of the firm are reachable and remain hands-on when working with clients.” – Corporate and M&A

Professional excellence and timely communication.” – Corporate and M&A

“Undisputed number one corporate finance legal advisor in Korea. The absolute quality that Kim & Chang brings to the table is way ahead of what anyone can offer on the street.” – Corporate and M&A

“They do well in communications with clients and litigation strategies. They provide clear deliverables.” – Dispute resolution

“Innovative skill set to win the case.” – Dispute resolution

“Precise and quick report, persuasive brief, successful result, reasonable costs.” – Intellectual property

“Kim & Chang’s greatest strength definitely would be that they have the best expertise. Kim & Chang has a system that not only brings together the top experts in each practice area but also allows them to fully demonstrate their abilities, which distinguishes the firm from others.” – Insurance

“Kim & Chang’s insurance team has top-notch professionals who provide a comprehensive solution to the issues. Most attorneys have an in-depth understanding of industry-wide issues and keep track of the latest legislative updates, so whenever I need to get advice on any issue, they are already aware of the issue or quickly follow client-specific concerns in the right context. If we need to engage regulators or lightly tap the regulator stance, Kim & Chang team is also capable of efficiently engaging them through its advisory group consisting of ex-FSS/FSC officials.” – Insurance

“Reliably provide the most up-to-date and accurate advice amid evolving regulations. Practical advice that is user-friendly from the perspective of in-house counsel.” – Labour and employment

“Kim & Chang’s team was very professional and incremental in providing their legal services, which led our union negotiations into a successful practice while minimizing the business risk.” – Labour and employment

“They offer active management of key stakeholders above country level and support the local management to drive effective communication and decision-making process.” – Labour and employment

“Kim & Chang is the best law firm in Korea with many experienced lawyers. As a private equity professional, I am facing many challenging situations in terms of investment and portfolio management. Kim & Chang always has helped us in a very timely manner. I particularly like the way Kim & Chang advises us decisively so that we can make decisions comfortably.” – Private equity

“The firm, with its experience in international deals, advised us of global practices.” – Private equity

“Kim & Chang showed excellence in effectively grasping the core issues and providing the most reliable advice and recommendations under each given circumstance, deriving the most favourable outcome at the KCA.” – Regulatory

“They are very good at dealing with regulatory bodies and they have special know-how on persuading the regulatory bodies.” – Regulatory

“Strong technical knowledge and good relationship with the tax authorities” – Tax

“Communicate timely and clearly.” – Tax

Sangmi Baek

“She has demonstrated expertise in her area of work.”

Yonghoon Cho

“Excellent client relationship management and capability to build trust.”

Dong Shik Choi

“Experience, reliability and integrity.”

MJ Chung

“The only lawyer I completely entrust with legal and regulatory matters related to corporate finance and capital markets in Korea. MJ Chung is an industry-defining, living legend in Korean legal matters.”

Minha Gang

“Detailed analysis and good advice provided.”

Ji Soo Jang

“Easily accessible and provides the extra advice and explanation that in-house counsel might need.”

Don Jeon

“Don has the innovative skill set needed to turn a losing matter into a winning one.”

Jongwon Jeon

“Managing multiple workstreams for complex legal issues.”

Ji Young Jung

“She is very responsive and professional.”

Gihoon Kim

“Gihoon shows excellence in communicating with clients, very effectively grasps the core issues, provides specific suggestions in every project and assignment we have requested from him.”

Hyosang Kim

“Hyosang's depth of knowledge and experience surprises his client. As a relationship partner, he is able to provide advice in any area and we feel extremely comfortable reaching out to him for advice on any matter. He is also good at managing client relationships. We are extremely satisfied with his service, professionalism, knowledge, and insight.”

Teo Kim

“Punctuality and professional knowledge.”

Tae Hyuk Ko

“Provides specific advice for clients as well as interpretation of the law.”

Chunsoo Lee

“He explores the most suitable solutions and provides thorough advice. He provides a clear outline for each case and develops strategies and key arguments based on thorough analysis.”

Dohyung Lee

“Dohyung shows excellence in communicating with clients, very effectively grasps the core issues, provides the most sound and reliable suggestions in any project or assignments we have requested him with.”

Hyo Je Lee

“Attorney Hyo Je Lee is a very rare attorney who is great in every aspect. He is not only bright on law, sagaciously and skillfully handling legal work, but also has a strong sense of responsibility, prepares everything carefully, and has a good relationship.”

Kyungyoon Lee

“Lee has profound experience and knowledge of global M&A deals and has ample experience in collaborating with global law firms. He is reachable and remains hands-on working with clients.”

Sangwoo Lee

“Prompt feedback and good rationale.”

Shin Kwon Lim

“He has prolonged experience in the private equity and M&A area, and is able to give guidance when uncertainty occurs.”

Jina Myung

“Provided proper advice and timely solution on our legal issue. Her advice and solution have worked well and enabled us to make our trades successfully.”

TY Nam

“Very professional and has clear communication skill besides the deep knowledge of the field.”

Hyunjae Park

“Very practical and user-friendly advice. He is very good at seeing himself in the shoes of the client and also makes sure he has a high understanding of the client's organization and situation.”

Min Chul Park

“Min Chul Park is the leading lawyer in the TMT industry. With experience as a previous government official, he has vast knowledge in technology regulations. He has deep knowledge and experience in the media and entertainment industry and is capable of providing creative solutions in the most difficult situations. He is also very responsive and provides advice in the most difficult hours - whether it is near midnight or at the weekends.”

Wanbin Park

He is really proactive and well prepared for our inquiries. I want to recommend him, especially for regulatory issues on licences and permits.”

Hyun Wook Shin

“Shin is highly professional in understanding client's concerns and addressing the exact issue with the right solutions or at least the most viable solutions which are reasonably compromising. This seems to be attributable to his up-to-date knowledge of industry-wide issues and intensive experience dealing with all kinds of issues arising from the insurance business. I would particularly recommend him because he is not only an excellent attorney but extremely easy to talk to with any issue under any circumstances. Very client-friendly and never compromises his quality of work or client's risk management.”

“Client friendly and has deep and long-standing experience as well as knowledge in the insurance sector.”

Sangmyoung Shin

“He has a comprehensive view on how to handle legal matters involving financial transactions and is proficient with coordination within Kim & Chang to come up with an effective solution.”

Jay Young-June Yang

“The best lawyer in the Korean IP field, always responsive and helpful.”

 

Work highlights

Represented an American automobile manufacturer in a case concerning a collective bargaining agreement after a spin-off.

Advised Citibank Korea on the wind-down of its consumer finance business and the subsequent implementation of a voluntary resignation programme.

Assisted eBay in successfully concluding the sale of eBay Korea to the Shinsegae Group by providing legal and strategic advice with respect to labour and employment issues.

Lee & Ko

An undisputed premier firm, Lee & Ko holds steady in the rankings as a foolproof choice for its impressive roster of offshore and onshore clients. Its renowned finance practice wins plaudits from peers and clients that acknowledge its frequent role in representing lenders. The firm was elevated this year into the Oustanding tiers for labour and employment and real estate. Despite a slowdown in the capital markets, Lee & Ko’s traditional dominance in debt capital markets helped it maintain a steady flow of debt deals. Managing partner Yong Seok Ahn is recognised for his corporate and competition expertise. The firm experienced the usual inflow and outflow of talent. Notable movements in 2021 include two capital markets experts, Jung-Myung Lee, Hyeong Min Yoo joining the firm as partners. Hyun Young Ju, an antitrust and competition specialist left the firm while Jeannie Jeong filled the void to enhance the firm’s strength in this sector. The firm’s dispute resolution team has also been expanding over the past years with nine new partners on board.

Client feedback 

Dedicated legal advice on the lender side.” – Aviation and shipping

“Lee & Ko is very up to date with the regulatory requirements in South Korea and was very constructive in working with our timeline.” – Aviation and shipping

The team is very responsive and knows their stuff. Always efficient and effective at getting things done.” – Aviation and shipping

“Very clear and accurate feedback whenever an issue arises.” – Competition and antitrust

“Detailed analysis of legal principles to elaborate countermeasures. Good communication skills with clients.” – Competition and antitrust

Client-friendly attitude, full of practical advice, 24/7 seamless professional service.” – Corporate and M&A

“I can feel that they are really experts in providing legal advice for M&A deal structure, contract, due diligence and deal closing, especially in both Korea and the US.” – Corporate and M&A

“Lee & Ko accurately grasps the fact, composes legal logic elaborately, and properly asserts this during the trial.” – Dispute resolution

“Knowledgeable, predictable, collaborative.” – Dispute resolution

“Very diligent and hands-on for both US and Korean law, and provides a heads-up on any events.” – Energy

“Fast and clear responses. Extremely professional and very swift action once instructions are given” – Intellectual property

“On difficult-to-solve issues, strives to solve problems and actively presents opinions first.” – Intellectual property

“I have been working with them for several years and what astonishes me is that they are extremely enthusiastic about their work. They try to understand each case very thoroughly, checking all the details from A to Z. I got an impression that they are using every given method and resource to bring us the best result.” – Insurance

Expertise in labour and criminal matters.” – Labour and employment

“Knows the industry very well and provides advice clearly.” – Media and entertainment

“Flexibility and client-friendliness.” –Private equity

“Deeply professional and have enthusiasm for providing advice for client's legal matter.” – Regulatory

“Very detailed, hard-working and fast.” – Real estate

“Mindset for clients and deep understanding of industry-specific matters.” – Tax

Jun Woo Cho

“Always consider client's needs and perspectives.”

Chunghwan Choi

“He is very knowledgeable and responsive to our requests.”

Woojin Choi

“Dedicated legal advice.”

Chang Yeon Ho

“Proactively engages with client and depth of knowledge for the insurance industry.”

Jinyoung Jung

“Jinyoung Jung has excellent capabilities in industry sector knowledge and client relationship management.”

Sung Min Kim

“Fast response, client-oriented mind.”

Suruyn Kim

“Sincere preparation, active response to client, and knowledge of the case.”

Daehoon Koo

“Proactive.”

Jinhong Kwon

“He is open to every client.”

“He is a man of great ability on insurance matters.”

“Working with Jinhong Kwon was a great experience. He knows what teamwork is. He possesses excellent communication skills, and he and his team advise clients as a harmonized group.”

Eunwoo Lee

“Eunwoo has clearly demonstrated a very strong understanding of our client's needs. Eunwoo is also clear and practical in her advice.”

Hee Woong Lee

“Real-time response, full knowledge, and practical advice and suggestion of an alternative.”

“I would say that he has high ability of the legal side and he has provided good legal advice to me.”

Kyunghoon Lee

“Quick and friendly feedback, useful and practical advice on compliance matters.”

Miji Lee

“High-quality feedback and legal opinion on urgent issues.”

Jangwoo Park

“He's excellent at persuasion and presentation. It leads to good results in dispute resolution.”

Jung Myong Park

“He has the strongest communication skills and problem-solving ability.”

Keum Nang Park

“Rich experience in pharmaceutical patents.”

Kwang Bae Park

“Flexibility and client-friendliness.”

Sangyong Ra

“Expertise in criminal and labour issues.”

Myunghyun Ryu

“He is very responsive and knowledgeable in this business area. Having him in the team made our life much easier.”

Woo Dong Seok

He is very experienced and good at his job.”

Helen Sohn

“Long-standing experience in the aviation industry advising Korean Air Lines, and knows her stuff.”

“She is very proactive in maintaining contacts. Her clients rely on her advice.”


Work highlights 

Defending Sampyo against potential criminal liabilities resulting from a fatal accident under Korea’s newly-enacted Serious Accident Punishment Act (SAPA). This is one of the first and most publicized cases regarding the new act.

Representing Hanwha Total Petrochemical in a dispute where former employees refused to return ex-gratia payments.

Defending Hyundai Motor Company against a former employee’s claim regarding contract termination due to a competing side business operated by the employee during work hours.

Key clients

Cambly, DivX, GSK, Hilti Corporation, Logos Property Group, Maritime Stewardship Council

Shin & Kim

Shin & Kim maintains its esteemed reputation in the market across all areas. Peers refer to the firm with respect and say that in recent years, the firm is furthering its visibility on matters and building on its historic strengths in capital markets and real estate. The firm boasts a 12-partner strong team dedicated purely to capital markets, one of the largest among all Korean law firms, and runs its IPO and structured finance teams separately under the capital markets wing. The real estate team welcomed four partners, Hyun Lee, Ho Seuk Jang, Seung Hyun Lee, and Kishil Yang from Barun Law. The dispute resolution team is gaining momentum with the addition of eight partners. Meanwhile, 11 lawyers of the team were promoted to partners in 2022.


Work highlights 

Advised Yuhan Kimberly’s CEO and senior management team on the implications of Korea’s Serious Accident Punishment Act and how to prepare for roles and responsibilities under the act.

Advised Walt Disney Company on how to cope with the new working environment and new regulations surrounding the Covid-19 situation in Korea.

Defended Hanwha Life Insurance in a lawsuit filed by the company’s coaching team and branch managers under the Labour Standards Act of Korea.

Key clients

Electronics and Telecommunications Research Institute, Korea Chamber of Commerce and Industry LG Display, Pagoda Academy

Yulchon

Yulchon secures its place in the ‘Outstanding’ band for competition, litigation, private equity and tax this year. It climbs up the rankings in the aviation and shipping, and insurance practice areas. Its famed dispute resolution practice has over 250 professionals and keeps apace with an evolving market, creating new disputes practice areas that are novel and innovative. The firm welcomed 14 new joiners over the past two years. Among them, Joon Ho Kwon, the former head of the IPO service team of the Korea Exchange, joined as a partner, and four team members have solid regulatory experience in Korea’s Financial Supervisory Service.

Client feedback 

“Quite professional and efficient. They have rich experience of internal investigations into antitrust cases.” – Competition and antitrust

“Wealth of experience of the designated lawyer. Efficient allocation of limited resources compared to competing law firms in the local market.” – Corporate and M&A

“Timely and detailed advice.” – Corporate and M&A

“Easily accessible partner, high-quality services” – Dispute resolution

“When we entrust a case to Yulchon, a team of lawyers, who are professional in the practice area, is formed for the case, including lawyers who have worked for more than 20 years as judges in the court and professionals who know the issue well. As a client, you can expect the best results. They are passionate, trying to find the best shortcut to winning, and always communicating with us. They also ask us a lot of questions to discover what we are missing or overlooking.” – Dispute resolution

“Yulchon has been able to provide high-quality professional advice on every question and query on this case and came up with the appropriate strategic plan since the start of the appointment. The team comprised all skill sets necessary to defend the case from start to finish and was also able to comprehend the stance of the accused well enough to reflect its best position in the lawsuit. Particularly the lawyer who has field experience in criminal areas from the local police has been a key player to this appointment and, with his one-step-ahead judgement against every correspondence, made it possible to draw the best outcome.” – Dispute resolution

“Their team is responsive, has very high standards and quality. They were our thought partners not only on the technical details but also on the strategy. While we were in the midst of Covid, Christopher Mandel, Wansoo Kim and Larry were supporting us above and beyond their duties. We are forever grateful for their support and care. They also have outstanding communication skills.” – Dispute resolution

“Yulchon wants to find a practical goal that clients cannot express well. Yulchon actively explores what the opponent's strategy will be.” – Dispute resolution

“Yulchon is very logical and reasonable in solving problems and providing customized services to clients.” – Dispute resolution

“Yulchon has expertise in issues related to insurance and perfectly fulfils our requirements.” – Insurance

“Yulchon’s insurance team provides all the insurance-related services that we need ranging from regulatory advice to legislative support on important insurance issues.” – Insurance

“I have been working with them for several years. What astonishes me is that they are extremely enthusiastic about their work. They try to understand each case thoroughly, checking all the details from A to Z. They were using every given method and resource to bring us the best result.” – Insurance

Seamless communication, fast and accurate feedback.” – Intellectual property

“Yulchon is the best firm in this area and is known as the best firm for defending pharmaceutical IP, which is why Boryung chose the firm.” – Intellectual property

“Expertise and enthusiasm.” – Labour and employment

“Active, professional knowledge and rich experience” – Labour and employment

“Professional, deep focus on client's view, solve the problem for client's interests even client doesn't realize it.” – Private equity

“Understands client’s needs well and provides timely advice.” – Private equity

“Yulchon always thinks and gives us professional suggestions from company perspectives.” – Regulatory

Yong Whan Choi

“Yong Whan Choi is really amazing and I believe that he is the number one lawyer related to tax issues. I know that he is really good and positive. He always tries to support his client with the best solutions and results.”

Cecil Saehoon Chung

“Very responsive and has good knowledge of the KFTC.”

“Very experienced in an antitrust investigations, having good knowledge of the automotive industry and good and clear communication skills.”

Dai Won Chung

“He has professional knowledge.”

Seung hyuk Han

“Rapid situation response.”

Woo Young Hur

“Woo Young Hur is an eminent lawyer and expert in the criminal area. He listens, understands the clients’ personal needs and tries to meet their requirements with instant feedback and appropriate advice. He thinks, considers and agonizes himself on clients’ behalf and uses all his best ability to come up with the best outcome out of each scenario.

Shin Hyunhwa

“High understanding of the insurance industry and provides client-friendly advisory services.”

Sang Tae Jeong

“Good communication skills.”

Gun Kim

Good knowledge, management skills and attitude.”

“Strong expertise and diverse experience.”

Jung Woo Lee

“A lot of experience and extensive expertise.”

“Listening skills, responsibilities, communication skills, giving solutions and insights, knowledge of various topics.”

Tea Eun Lee

“Friendly and law-based information is provided quickly.”

Christopher Mandel

“He is responsive, thoughtful and professional. He is extremely responsible and committed as evidenced by the way he supported us in a critical situation while having Covid-19.”

Il Bong Moon

He is known for his wealth of knowledge and experience in financial affairs, above all, in litigation in this area. He has more than 30 years’ experience and know-how as a judge and lawyer, so he is good at providing solutions that are right for the case. If he takes on a case, he actively seeks out facts that are favourable to us, checks possible adverse facts well, and devises necessary strategies accordingly. In Korea, there is no restriction on when to submit claims or evidence, and submissions can be made until the court issues judgment. So, instead of submitting all claims and evidence at the beginning of the case, if necessary, while looking at the other party's claims or evidence, he will submit and attack as necessary. For example, when the opposing party makes a false claim, he simply refutes the part and does not submit evidence, but when the opposing party has difficulty changing his or her opinion, he submits decisive evidence and traps the opposing party.

“He is good at storytelling and coming up with winning strategies, and he is very effective at questioning witnesses.”

Jaehyun Park

“Ability to identify and subsequently address clients' needs.”

Sung Bom Park

Knowledgeable, has rich experience and great at networking.”

Hyun Hwa Shin

“Excellent communication and problem solving skills.”

“She is the head of Yulchon’s insurance team. She is particularly helpful in offering creative solutions to complicated regulatory issues.”

“In-depth expertise in insurance issues.”

Young Su Shin

He knows what teamwork is. He possesses excellent communication skills, and he and his team advise clients as one harmonized group.”

“He is the best insurance practitioner in Korea.”

Doil Son

“Professional and attentive.”

Kim Sung Woo

“He has abundant experience in the private asset management area. He was one of the most popular and experienced judges in this area before joining Yulchon.”

Cho Sang Wook

Close interaction with the client.”

Kyung Ae Yeon

“Her expertise, experience, leadership in meetings, and willingness to resolve clients’ difficulties all point to her being the best counsel in the Korean pharmaceutical industry.”

Yong Pyo Yeom

“He is a very technically and commercially savvy lawyer and understands the client's concerns very well. He is easily accessible and responsive too.”

“Yeom is not only technically excellent but also commercially minded so he understands the intricacies of the client's commercial concerns. Yeom is easily accessible and engages in an approach of collaboration to find the most feasible solutions for the client .”

 


Work highlights 

Successfully defended Kangwon Land against all wrongful-dismissal claims brought by 221 former employees whom Kangwon Land terminated after determining that they were employed through corrupt hiring practices.

Representing Korean conglomerate Hyundai Motor Company in a litigation over illegal worker dispatch.

Key clients

Hansol Chemical, Macquarie Asset Management, Samsung SRA Asset Management,Woori Bank

Media and entertainment
Jipyong

Jipyong is a well-rounded firm that offers representation across all key practice areas and core industries. The firm’s competition and labour and employment practices are highly regarded by peers and clients. Managing partner and labour specialist Ji Hyung Kim is widely-respected in the market, noted as a ‘pillar of industry’ by peers for his extensive experience in this field. Gee Hong Kim frequently acts as lead partner in competition and antitrust cases, and many of the firm’s top M&A matters last year featured corporate partners Cheol Jeong and Min Shin. The equity capital markets practice has an impressive record as issuer’s counsel on numerous listings, including those for SK Biopharmaceuticals and Kakao Games. The firm is deepening its regional footprint with on-the-ground operations in a number of emerging markets such as Indonesia, Myanmar, Laos, and Vietnam. Kyung Taek Park, a partner specialising in banking and finance, left the firm in 2022.

Client feedback 

“Jipyong understands the entertainment industry very well.” – Media and entertainment

“They provide professional legal knowledge and sharing of know-how.” – Real estate

Moonhee Kim

“As far as I know she has been counselling this industry quite long, which gives her lots of experience and diverse perspectives.”


Work highlights 

Advised television network tvN on the production of its TV drama series ‘Twenty-Five Twenty-One’.

Advised Studio Lululala Joongang on various matters including M&A transactions, remakes of TV drama series, content distribution agreements, joint planning and development agreements, joint production agreements, and original soundtrack-related agreements.

Advised Naver Webtoon on the acquisition of shares in Munpia, a webnovel platform company

Key clients

Disney Plus, JTBC Plus, Keyeast Entertainment, Netflix, SM Entertainment, Wow Point

Pharmaceuticals and life sciences
Jipyong

Jipyong is a well-rounded firm that offers representation across all key practice areas and core industries. The firm’s competition and labour and employment practices are highly regarded by peers and clients. Managing partner and labour specialist Ji Hyung Kim is widely-respected in the market, noted as a ‘pillar of industry’ by peers for his extensive experience in this field. Gee Hong Kim frequently acts as lead partner in competition and antitrust cases, and many of the firm’s top M&A matters last year featured corporate partners Cheol Jeong and Min Shin. The equity capital markets practice has an impressive record as issuer’s counsel on numerous listings, including those for SK Biopharmaceuticals and Kakao Games. The firm is deepening its regional footprint with on-the-ground operations in a number of emerging markets such as Indonesia, Myanmar, Laos, and Vietnam. Kyung Taek Park, a partner specialising in banking and finance, left the firm in 2022.

Client feedback 

“Jipyong understands the entertainment industry very well.” – Media and entertainment

“They provide professional legal knowledge and sharing of know-how.” – Real estate

Moonhee Kim

“As far as I know she has been counselling this industry quite long, which gives her lots of experience and diverse perspectives.”


Work highlights 

Advised NurrOn Pharmaceuticals, a US-based drug development company, on the funding received from Daewoong Pharmaceutical and Hanall Biopharma in relation to its development of Parkinson’s disease medication.

Advised Curacle in connection with a licence agreement with Théa Open Innovation to transfer its technology related to a treatment drug candidate.

Advised SK Biopharmaceuticals on a licence agreement with Endo International.

Key clients

Dongkook Pharmaceutical, GenNBio, Green Cross Cell Corporation, Korea Investment & Securities, Mirae Asset Securities

Yoon & Yang

Yoon & Yang is a premier choice for all corporate and financial law areas, notably in the competition, technology and telecommunications, dispute resolution, employment and regulatory areas. The firm works with large international and domestic clients from all industries and sectors. The private equity team welcomed David Lee and Hyeong Joon Choi, two senior attorneys, in 2022.

Client feedback 

“Even though Yoon & Yang comprises lawyers mainly having expertise in law, they have noticeable insights into the market flow and the overall business. Therefore, not only do they provide legal opinions based on their expertise in law, they also provide the appropriate legal advice considering the needs of the client and the overall situation of the client. So they provide me with the most outstanding work in the most efficient way, making me satisfied each time I work with them.” – Corporate and M&A

“I, as an M&A expert in Korea, believe it is important to work with experts who have various backgrounds when I handle M&A deals. Comprising of accountants, tax attorneys and foreign attorneys as well as Korean attorneys, I believe that Yoon & Yang’s one-stop advice is second to none in the Korean M&A market. In addition, Yoon & Yang’s M&A attorneys have good negotiation skills and a high level of industry knowledge so I could close the M&A deals successfully. It is always impressive that they always come up with fast and effective responses to complicated legal issues. Therefore, I will continue to retain Yoon & Yang in the future.” – Corporate and M&A

“It provides reasonable, safe and professional tools to let me run my business.” – Corporate and M&A

“They understand and are dedicated to the client’s needs. Their strategy is very effective in large complex disputes.” – Dispute resolution

“Responsive and hard working. Excellent quality and service. The firm has real strength in litigation and dispute resolution.” – Dispute resolution

“The feedback was super fast and exact what we needed.” – Dispute resolution

“It provides professional knowledge and advice on the matters concerned. Plus, its lawyers do their best endeavour and dedicate themselves to solving the problems I faced.” – Dispute resolution

They know the local regulations related to the transfer of renewable plants well and provide timely services based on their understanding of the project timeline.” – Energy

“Friendly communication not only with the legal team but also with the project, technical team.” – Energy

“The litigation we carry out is governed by the Patent Law and the Pharmaceutical Affairs Law at the same time. And, In order to carry out the litigation, they had to be familiar with the entire process of drug approval in Korea and abroad. It's very complicated litigation, but they did it well and got good results.” – Intellectual property

“Yoon & Yang successfully defended the criminal prosecution and managed the civil action well.” – Intellectual property

“They have extensive knowledge and ample experience in IP areas including patent, trademark, and copyright. I think they are particularly strong in dealing with patent infringement and patent invalidation cases as well as trials for the scope of a right. They are very detailed and always provide us with plans B and C for preparing for the unexpected situation.” – Intellectual property

“Very professional and hard-working. Received great support on both IP and tax issues.” – Intellectual property

“Yoon & Yang’s positive attributes are its speed and accuracy. When we ask for legal services from other big law firms in Korea, they often spend too much time making theoretical arguments and conducting research that is more or less intended for show. However, Yoon & Yang’s legal services are very concise, with its legal opinions streamlined with core arguments and conclusions, making them easier to understand. For departments within our company other than those that directly need legal services, Yoon & Yang can easily understand their opinions and utilize the opinions to come up with plans. Furthermore, given the nature of our company, we need a law firm which can respond to our inquiries in real-time, and Yoon & Yang was the quickest. We were impressed by its kind legal services even when we asked for them abruptly.” – Labour and employment

“Close interaction with clients.” – Labour and employment

“Yoon & Yang has been doing fantastic jobs for our company. Its lawyers provide excellent comments and they are really fast and quick to respond to our questions.” – Real estate

“We think the firm’s biggest strength is its professional ability and high-quality manpower. In particular it has a lot of experience in various value-added tax issues.” – Tax

Jae Ryun Cho

“He understands my position in the cases so that he can provide me with right and reasonable solutions. Furthermore, he always shares his empathy with his clients.”

Kyoung Ho Hong

“Expertise in criminal and labour issues.”

Seong Hong

“Hong has a good relationship with each person in charge of each department in our company and has a superb understanding of our industry, which allows him to provide reasonable solutions. Our people are very satisfied with his quick, reasonable solutions to our requests for advice. Furthermore, by providing us with useful information and material on HR, he regularly updates us on labour issues and helps us prepare for them. For instance, when a labour union was recently established among office workers within the Hyundai Motor Group, we, as a company without any labour union, had to come up with countermeasures as quickly as possible. Hong advised on what we should prepare for in the early stage of a labour union establishment and what the labour union might ask us to do and provided us with his legal opinions on each of the possible requests that the labour union might ask for. His help was essential in our development of reasonable labour management policies.”

Siwon Huh

“Siwon's positive attributes are that he is creative yet sensible when it comes to his profession. He fully devotes his time to come up with an optimal litigation strategy, by way of conducting comprehensive and deep discussions with other lawyers.”

Jeong Gyu Kim

“He has extensive knowledge and ample experience in IP areas including patent, trademark, and copyrights. I think he is particularly strong in dealing with patent infringement and patent invalidation cases as well as trials for the scope of a right. He is very detailed and always provides us with plan B and C for preparing for the unexpected situation.”

Kayoung Kim

“Kayoung Kim is a diligent lawyer who puts a top priority on satisfying our company’s legal needs. Her responses are very efficient and quick.”

Kwon Hoe Kim

“Excellent client management and communications.”

Myung Ahn Kim

“Extremely dedicated to clients, responsive and works around the clock, hardworking, clever, international quality of service, elegant advocate, commercially minded and finds creative solutions.”

“She has excellent global knowledge and experience in dispute resolution and does her best endeavour to work.”

Sam Kim

“He is a very talented lawyer who was recognised, even as an associate, as one of the best international arbitration lawyers in the market. He is mindful of the client’s needs and highly skilled in handling complex disputes, whether it’s litigation, mediation or arbitration, all of which he has assisted DL E&C with. He is the go-to person when the company is in a tight situation and needs the best solution quickly. He also understands the client’s needs better than most other lawyers I have worked with perhaps due to his experience of having been on the client side in a Korean conglomerate.”

Sung Jin Kim

“Sung Jin Kim has outstanding expertise and abundant experience in M&A and other corporate legal issues. In particular, his best strength is that he always provides legal opinions and practicable solutions in connection with possible disputes even though the clients didn’t explicitly ask for them when seeking legal advice on investment either as an investor or the target. In other words, he is prepared for every legal issue, including possible future risk factors including the ones that the clients couldn’t have thought of themselves. Sometimes, after closing, I finally realize the true value of the advice that he gave during the negotiation of the agreement terms.”

Dongju Kwon

“If you ask him for advice on the problem, he can always come up with a solution. He looks at the problem from a broad perspective and offers long-term direction.”

Sejung Lee

“She organises and communicates with the company and the law firm well.”

Young Woo Park

“Young Woo Park is one of the most bright and excellent lawyers in South Korea that I have ever worked with among the largest law firms in South Korea. I feel that he has in-depth knowledge of real estate matters and financial industries. Our company is actively operating in real estate funds and Young Woo Park’s expertise in both industries is 100% fitting to us.”

Dae Sagong

“Good communication and management of the internal team, at reasonable cost.”

“He is one of the most diligent and dedicated lawyers I know of, with positive vibes and a solution-oriented mindset. It has been a pleasure working with him and he will continue to be my first pick when new issues pop up.”

“Outstanding dedication to clients, not only in terms of support but he also guides business teams in the right direction with proactive and pragmatic approaches to sensitive and complicated legal issues.”


Work highlights

Represented Medytox in administrative proceedings involving a petition on merits and suspension of validity, and provided legal services on key issues relating to administrative dispositions.

Representing SK Chemical in a case where Novartis seeks injunctive relief and monetary damage for SK Chemical’s alleged infringement of its patent related to its ‘Exelon’ drug.

Representing SK Chemical and SK BioScience in the proceeding before the Korea Trade Commission filed by Wyeth, seeking an investigation into the alleged unfair trade practice of SK Chemical and SK BioScience relating to its patent on multi-valent pneumococcal polysaccharide-protein conjugates.

Key clients

Hanmi Pharm, HLB, Huons, Kolon Pharma, Sakata Korea

Private equity
Kim & Chang

As the largest and most dominant full-service law firm in Korea, Kim & Chang needs no introduction. It remains unchallenged across the board, maintaining its ‘Outstanding’ ranking in all practice areas and sectors. It is a first-choice firm for many multinationals, international brands and domestic conglomerates. Its sheer size allows the firm to house multiple top-notch specialists in every niche area of practice and push the boundaries of innovation with landmark and sizeable matters. The competition team welcomed talent from the National Court Administration of Korea, the Korea Fair Trade Commission (KFTC), peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s intellectual property pillar gained 17 additional lawyers from various courts and peer firms, while the dispute team was boosted by four.

Client feedback 

“Clear advice and fine documentation for deal structure.” – Aviation and shipping

“Kim & Chang has a large pool of competitive lawyers covering various areas and is able to provide comprehensive reliable legal advice concerning unconventional transactions.” – Aviation and shipping

“Kim & Chang is able to form a perfect support team for its clients, so even the most complex matters can be walked through with seasoned insights. Kim & Chang has the leading professionals in the country. Not only lawyers but also professionals of various backgrounds having the qualities that are right, needed, and appropriate.” – Competition and antitrust

“They provide specific advice for clients as well as interpretation of the law.” – Competition and antitrust

“They find creative solutions for complex issues, manage various workstreams, understand clients’ needs and stakeholders’ interests surrounding different legal matters.” – Competition and antitrust

“Provided timely advise on the transaction structure, conducted legal due diligence and drafted legal documents including shareholder's agreement, sale and purchase agreements, loan documents, security documents, etc.” – Corporate and M&A

“Kim & Chang has the proper systems in place to address clients’ requests. Based on the experience of completing multiple transactions, expertise in all relevant practice areas, and a high understanding of clients’ needs with a thoughtful attitude, the firm has significantly contributed to the process and provided the valuable legal advice we needed.” – Corporate and M&A

“Kim & Chang has profound experience and knowledge of both Korean and Chinese M&A deals and has ample experience in collaborating with Chinese local law firms. Lawyers of the firm are reachable and remain hands-on when working with clients.” – Corporate and M&A

Professional excellence and timely communication.” – Corporate and M&A

“Undisputed number one corporate finance legal advisor in Korea. The absolute quality that Kim & Chang brings to the table is way ahead of what anyone can offer on the street.” – Corporate and M&A

“They do well in communications with clients and litigation strategies. They provide clear deliverables.” – Dispute resolution

“Innovative skill set to win the case.” – Dispute resolution

“Precise and quick report, persuasive brief, successful result, reasonable costs.” – Intellectual property

“Kim & Chang’s greatest strength definitely would be that they have the best expertise. Kim & Chang has a system that not only brings together the top experts in each practice area but also allows them to fully demonstrate their abilities, which distinguishes the firm from others.” – Insurance

“Kim & Chang’s insurance team has top-notch professionals who provide a comprehensive solution to the issues. Most attorneys have an in-depth understanding of industry-wide issues and keep track of the latest legislative updates, so whenever I need to get advice on any issue, they are already aware of the issue or quickly follow client-specific concerns in the right context. If we need to engage regulators or lightly tap the regulator stance, Kim & Chang team is also capable of efficiently engaging them through its advisory group consisting of ex-FSS/FSC officials.” – Insurance

“Reliably provide the most up-to-date and accurate advice amid evolving regulations. Practical advice that is user-friendly from the perspective of in-house counsel.” – Labour and employment

“Kim & Chang’s team was very professional and incremental in providing their legal services, which led our union negotiations into a successful practice while minimizing the business risk.” – Labour and employment

“They offer active management of key stakeholders above country level and support the local management to drive effective communication and decision-making process.” – Labour and employment

“Kim & Chang is the best law firm in Korea with many experienced lawyers. As a private equity professional, I am facing many challenging situations in terms of investment and portfolio management. Kim & Chang always has helped us in a very timely manner. I particularly like the way Kim & Chang advises us decisively so that we can make decisions comfortably.” – Private equity

“The firm, with its experience in international deals, advised us of global practices.” – Private equity

“Kim & Chang showed excellence in effectively grasping the core issues and providing the most reliable advice and recommendations under each given circumstance, deriving the most favourable outcome at the KCA.” – Regulatory

“They are very good at dealing with regulatory bodies and they have special know-how on persuading the regulatory bodies.” – Regulatory

“Strong technical knowledge and good relationship with the tax authorities” – Tax

“Communicate timely and clearly.” – Tax

Sangmi Baek

“She has demonstrated expertise in her area of work.”

Yonghoon Cho

“Excellent client relationship management and capability to build trust.”

Dong Shik Choi

“Experience, reliability and integrity.”

MJ Chung

“The only lawyer I completely entrust with legal and regulatory matters related to corporate finance and capital markets in Korea. MJ Chung is an industry-defining, living legend in Korean legal matters.”

Minha Gang

“Detailed analysis and good advice provided.”

Ji Soo Jang

“Easily accessible and provides the extra advice and explanation that in-house counsel might need.”

Don Jeon

“Don has the innovative skill set needed to turn a losing matter into a winning one.”

Jongwon Jeon

“Managing multiple workstreams for complex legal issues.”

Ji Young Jung

“She is very responsive and professional.”

Gihoon Kim

“Gihoon shows excellence in communicating with clients, very effectively grasps the core issues, provides specific suggestions in every project and assignment we have requested from him.”

Hyosang Kim

“Hyosang's depth of knowledge and experience surprises his client. As a relationship partner, he is able to provide advice in any area and we feel extremely comfortable reaching out to him for advice on any matter. He is also good at managing client relationships. We are extremely satisfied with his service, professionalism, knowledge, and insight.”

Teo Kim

“Punctuality and professional knowledge.”

Tae Hyuk Ko

“Provides specific advice for clients as well as interpretation of the law.”

Chunsoo Lee

“He explores the most suitable solutions and provides thorough advice. He provides a clear outline for each case and develops strategies and key arguments based on thorough analysis.”

Dohyung Lee

“Dohyung shows excellence in communicating with clients, very effectively grasps the core issues, provides the most sound and reliable suggestions in any project or assignments we have requested him with.”

Hyo Je Lee

“Attorney Hyo Je Lee is a very rare attorney who is great in every aspect. He is not only bright on law, sagaciously and skillfully handling legal work, but also has a strong sense of responsibility, prepares everything carefully, and has a good relationship.”

Kyungyoon Lee

“Lee has profound experience and knowledge of global M&A deals and has ample experience in collaborating with global law firms. He is reachable and remains hands-on working with clients.”

Sangwoo Lee

“Prompt feedback and good rationale.”

Shin Kwon Lim

“He has prolonged experience in the private equity and M&A area, and is able to give guidance when uncertainty occurs.”

Jina Myung

“Provided proper advice and timely solution on our legal issue. Her advice and solution have worked well and enabled us to make our trades successfully.”

TY Nam

“Very professional and has clear communication skill besides the deep knowledge of the field.”

Hyunjae Park

“Very practical and user-friendly advice. He is very good at seeing himself in the shoes of the client and also makes sure he has a high understanding of the client's organization and situation.”

Min Chul Park

“Min Chul Park is the leading lawyer in the TMT industry. With experience as a previous government official, he has vast knowledge in technology regulations. He has deep knowledge and experience in the media and entertainment industry and is capable of providing creative solutions in the most difficult situations. He is also very responsive and provides advice in the most difficult hours - whether it is near midnight or at the weekends.”

Wanbin Park

He is really proactive and well prepared for our inquiries. I want to recommend him, especially for regulatory issues on licences and permits.”

Hyun Wook Shin

“Shin is highly professional in understanding client's concerns and addressing the exact issue with the right solutions or at least the most viable solutions which are reasonably compromising. This seems to be attributable to his up-to-date knowledge of industry-wide issues and intensive experience dealing with all kinds of issues arising from the insurance business. I would particularly recommend him because he is not only an excellent attorney but extremely easy to talk to with any issue under any circumstances. Very client-friendly and never compromises his quality of work or client's risk management.”

“Client friendly and has deep and long-standing experience as well as knowledge in the insurance sector.”

Sangmyoung Shin

“He has a comprehensive view on how to handle legal matters involving financial transactions and is proficient with coordination within Kim & Chang to come up with an effective solution.”

Jay Young-June Yang

“The best lawyer in the Korean IP field, always responsive and helpful.”

 

Work highlights 

Represented MBK Partners in its sale of a stake in Doosan Machine Tools.

Advised Bain Capital on the sale of Hugel.

Represented IMM Rose Gold 4 PEF, a private equity fund of IMM Private Equity, in its acquisition of 27.7% of the shares of Hanssem.

Key clients

Affinity Equity Partners, Anchor Equity Partners, Glenwood Private Equity, IMM Investment, KKR, STIC Investment

Lee & Ko

An undisputed premier firm, Lee & Ko holds steady in the rankings as a foolproof choice for its impressive roster of offshore and onshore clients. Its renowned finance practice wins plaudits from peers and clients that acknowledge its frequent role in representing lenders. The firm was elevated this year into the Oustanding tiers for labour and employment and real estate. Despite a slowdown in the capital markets, Lee & Ko’s traditional dominance in debt capital markets helped it maintain a steady flow of debt deals. Managing partner Yong Seok Ahn is recognised for his corporate and competition expertise. The firm experienced the usual inflow and outflow of talent. Notable movements in 2021 include two capital markets experts, Jung-Myung Lee, Hyeong Min Yoo joining the firm as partners. Hyun Young Ju, an antitrust and competition specialist left the firm while Jeannie Jeong filled the void to enhance the firm’s strength in this sector. The firm’s dispute resolution team has also been expanding over the past years with nine new partners on board.

Client feedback 

Dedicated legal advice on the lender side.” – Aviation and shipping

“Lee & Ko is very up to date with the regulatory requirements in South Korea and was very constructive in working with our timeline.” – Aviation and shipping

The team is very responsive and knows their stuff. Always efficient and effective at getting things done.” – Aviation and shipping

“Very clear and accurate feedback whenever an issue arises.” – Competition and antitrust

“Detailed analysis of legal principles to elaborate countermeasures. Good communication skills with clients.” – Competition and antitrust

Client-friendly attitude, full of practical advice, 24/7 seamless professional service.” – Corporate and M&A

“I can feel that they are really experts in providing legal advice for M&A deal structure, contract, due diligence and deal closing, especially in both Korea and the US.” – Corporate and M&A

“Lee & Ko accurately grasps the fact, composes legal logic elaborately, and properly asserts this during the trial.” – Dispute resolution

“Knowledgeable, predictable, collaborative.” – Dispute resolution

“Very diligent and hands-on for both US and Korean law, and provides a heads-up on any events.” – Energy

“Fast and clear responses. Extremely professional and very swift action once instructions are given” – Intellectual property

“On difficult-to-solve issues, strives to solve problems and actively presents opinions first.” – Intellectual property

“I have been working with them for several years and what astonishes me is that they are extremely enthusiastic about their work. They try to understand each case very thoroughly, checking all the details from A to Z. I got an impression that they are using every given method and resource to bring us the best result.” – Insurance

Expertise in labour and criminal matters.” – Labour and employment

“Knows the industry very well and provides advice clearly.” – Media and entertainment

“Flexibility and client-friendliness.” –Private equity

“Deeply professional and have enthusiasm for providing advice for client's legal matter.” – Regulatory

“Very detailed, hard-working and fast.” – Real estate

“Mindset for clients and deep understanding of industry-specific matters.” – Tax

Jun Woo Cho

“Always consider client's needs and perspectives.”

Chunghwan Choi

“He is very knowledgeable and responsive to our requests.”

Woojin Choi

“Dedicated legal advice.”

Chang Yeon Ho

“Proactively engages with client and depth of knowledge for the insurance industry.”

Jinyoung Jung

“Jinyoung Jung has excellent capabilities in industry sector knowledge and client relationship management.”

Sung Min Kim

“Fast response, client-oriented mind.”

Suruyn Kim

“Sincere preparation, active response to client, and knowledge of the case.”

Daehoon Koo

“Proactive.”

Jinhong Kwon

“He is open to every client.”

“He is a man of great ability on insurance matters.”

“Working with Jinhong Kwon was a great experience. He knows what teamwork is. He possesses excellent communication skills, and he and his team advise clients as a harmonized group.”

Eunwoo Lee

“Eunwoo has clearly demonstrated a very strong understanding of our client's needs. Eunwoo is also clear and practical in her advice.”

Hee Woong Lee

“Real-time response, full knowledge, and practical advice and suggestion of an alternative.”

“I would say that he has high ability of the legal side and he has provided good legal advice to me.”

Kyunghoon Lee

“Quick and friendly feedback, useful and practical advice on compliance matters.”

Miji Lee

“High-quality feedback and legal opinion on urgent issues.”

Jangwoo Park

“He's excellent at persuasion and presentation. It leads to good results in dispute resolution.”

Jung Myong Park

“He has the strongest communication skills and problem-solving ability.”

Keum Nang Park

“Rich experience in pharmaceutical patents.”

Kwang Bae Park

“Flexibility and client-friendliness.”

Sangyong Ra

“Expertise in criminal and labour issues.”

Myunghyun Ryu

“He is very responsive and knowledgeable in this business area. Having him in the team made our life much easier.”

Woo Dong Seok

He is very experienced and good at his job.”

Helen Sohn

“Long-standing experience in the aviation industry advising Korean Air Lines, and knows her stuff.”

“She is very proactive in maintaining contacts. Her clients rely on her advice.”


Work highlights

Advised a consortium formed by CBC Group, Mubadala, GS, and IMM on the acquisition of 5.4 million shares in Hugel and convertible bonds.

Advised Foosung Global on the issuance of bonds with warrants.

Advised SK Innovation on sales of 40% shares in SK Lubricants.

Key clients

Affirma Capital, Alchemist Capital Partners Korea, ATP Investment, Cowell Fashion, Tybourne Capital

Yoon & Yang

Yoon & Yang is a premier choice for all corporate and financial law areas, notably in the competition, technology and telecommunications, dispute resolution, employment and regulatory areas. The firm works with large international and domestic clients from all industries and sectors. The private equity team welcomed David Lee and Hyeong Joon Choi, two senior attorneys, in 2022.

Client feedback 

“Even though Yoon & Yang comprises lawyers mainly having expertise in law, they have noticeable insights into the market flow and the overall business. Therefore, not only do they provide legal opinions based on their expertise in law, they also provide the appropriate legal advice considering the needs of the client and the overall situation of the client. So they provide me with the most outstanding work in the most efficient way, making me satisfied each time I work with them.” – Corporate and M&A

“I, as an M&A expert in Korea, believe it is important to work with experts who have various backgrounds when I handle M&A deals. Comprising of accountants, tax attorneys and foreign attorneys as well as Korean attorneys, I believe that Yoon & Yang’s one-stop advice is second to none in the Korean M&A market. In addition, Yoon & Yang’s M&A attorneys have good negotiation skills and a high level of industry knowledge so I could close the M&A deals successfully. It is always impressive that they always come up with fast and effective responses to complicated legal issues. Therefore, I will continue to retain Yoon & Yang in the future.” – Corporate and M&A

“It provides reasonable, safe and professional tools to let me run my business.” – Corporate and M&A

“They understand and are dedicated to the client’s needs. Their strategy is very effective in large complex disputes.” – Dispute resolution

“Responsive and hard working. Excellent quality and service. The firm has real strength in litigation and dispute resolution.” – Dispute resolution

“The feedback was super fast and exact what we needed.” – Dispute resolution

“It provides professional knowledge and advice on the matters concerned. Plus, its lawyers do their best endeavour and dedicate themselves to solving the problems I faced.” – Dispute resolution

They know the local regulations related to the transfer of renewable plants well and provide timely services based on their understanding of the project timeline.” – Energy

“Friendly communication not only with the legal team but also with the project, technical team.” – Energy

“The litigation we carry out is governed by the Patent Law and the Pharmaceutical Affairs Law at the same time. And, In order to carry out the litigation, they had to be familiar with the entire process of drug approval in Korea and abroad. It's very complicated litigation, but they did it well and got good results.” – Intellectual property

“Yoon & Yang successfully defended the criminal prosecution and managed the civil action well.” – Intellectual property

“They have extensive knowledge and ample experience in IP areas including patent, trademark, and copyright. I think they are particularly strong in dealing with patent infringement and patent invalidation cases as well as trials for the scope of a right. They are very detailed and always provide us with plans B and C for preparing for the unexpected situation.” – Intellectual property

“Very professional and hard-working. Received great support on both IP and tax issues.” – Intellectual property

“Yoon & Yang’s positive attributes are its speed and accuracy. When we ask for legal services from other big law firms in Korea, they often spend too much time making theoretical arguments and conducting research that is more or less intended for show. However, Yoon & Yang’s legal services are very concise, with its legal opinions streamlined with core arguments and conclusions, making them easier to understand. For departments within our company other than those that directly need legal services, Yoon & Yang can easily understand their opinions and utilize the opinions to come up with plans. Furthermore, given the nature of our company, we need a law firm which can respond to our inquiries in real-time, and Yoon & Yang was the quickest. We were impressed by its kind legal services even when we asked for them abruptly.” – Labour and employment

“Close interaction with clients.” – Labour and employment

“Yoon & Yang has been doing fantastic jobs for our company. Its lawyers provide excellent comments and they are really fast and quick to respond to our questions.” – Real estate

“We think the firm’s biggest strength is its professional ability and high-quality manpower. In particular it has a lot of experience in various value-added tax issues.” – Tax

Jae Ryun Cho

“He understands my position in the cases so that he can provide me with right and reasonable solutions. Furthermore, he always shares his empathy with his clients.”

Kyoung Ho Hong

“Expertise in criminal and labour issues.”

Seong Hong

“Hong has a good relationship with each person in charge of each department in our company and has a superb understanding of our industry, which allows him to provide reasonable solutions. Our people are very satisfied with his quick, reasonable solutions to our requests for advice. Furthermore, by providing us with useful information and material on HR, he regularly updates us on labour issues and helps us prepare for them. For instance, when a labour union was recently established among office workers within the Hyundai Motor Group, we, as a company without any labour union, had to come up with countermeasures as quickly as possible. Hong advised on what we should prepare for in the early stage of a labour union establishment and what the labour union might ask us to do and provided us with his legal opinions on each of the possible requests that the labour union might ask for. His help was essential in our development of reasonable labour management policies.”

Siwon Huh

“Siwon's positive attributes are that he is creative yet sensible when it comes to his profession. He fully devotes his time to come up with an optimal litigation strategy, by way of conducting comprehensive and deep discussions with other lawyers.”

Jeong Gyu Kim

“He has extensive knowledge and ample experience in IP areas including patent, trademark, and copyrights. I think he is particularly strong in dealing with patent infringement and patent invalidation cases as well as trials for the scope of a right. He is very detailed and always provides us with plan B and C for preparing for the unexpected situation.”

Kayoung Kim

“Kayoung Kim is a diligent lawyer who puts a top priority on satisfying our company’s legal needs. Her responses are very efficient and quick.”

Kwon Hoe Kim

“Excellent client management and communications.”

Myung Ahn Kim

“Extremely dedicated to clients, responsive and works around the clock, hardworking, clever, international quality of service, elegant advocate, commercially minded and finds creative solutions.”

“She has excellent global knowledge and experience in dispute resolution and does her best endeavour to work.”

Sam Kim

“He is a very talented lawyer who was recognised, even as an associate, as one of the best international arbitration lawyers in the market. He is mindful of the client’s needs and highly skilled in handling complex disputes, whether it’s litigation, mediation or arbitration, all of which he has assisted DL E&C with. He is the go-to person when the company is in a tight situation and needs the best solution quickly. He also understands the client’s needs better than most other lawyers I have worked with perhaps due to his experience of having been on the client side in a Korean conglomerate.”

Sung Jin Kim

“Sung Jin Kim has outstanding expertise and abundant experience in M&A and other corporate legal issues. In particular, his best strength is that he always provides legal opinions and practicable solutions in connection with possible disputes even though the clients didn’t explicitly ask for them when seeking legal advice on investment either as an investor or the target. In other words, he is prepared for every legal issue, including possible future risk factors including the ones that the clients couldn’t have thought of themselves. Sometimes, after closing, I finally realize the true value of the advice that he gave during the negotiation of the agreement terms.”

Dongju Kwon

“If you ask him for advice on the problem, he can always come up with a solution. He looks at the problem from a broad perspective and offers long-term direction.”

Sejung Lee

“She organises and communicates with the company and the law firm well.”

Young Woo Park

“Young Woo Park is one of the most bright and excellent lawyers in South Korea that I have ever worked with among the largest law firms in South Korea. I feel that he has in-depth knowledge of real estate matters and financial industries. Our company is actively operating in real estate funds and Young Woo Park’s expertise in both industries is 100% fitting to us.”

Dae Sagong

“Good communication and management of the internal team, at reasonable cost.”

“He is one of the most diligent and dedicated lawyers I know of, with positive vibes and a solution-oriented mindset. It has been a pleasure working with him and he will continue to be my first pick when new issues pop up.”

“Outstanding dedication to clients, not only in terms of support but he also guides business teams in the right direction with proactive and pragmatic approaches to sensitive and complicated legal issues.”


Work highlights 

Advised UAMCO on its acquisition of STX Offshore & Shipping.

Advised Feynman Invest on its acquisition of all the shares in Macquarie Investment Management Korea.

Advised Naver Webtoon on its acquisition of Munpia, one of Korea’s largest web novel platform.

Key clients

Atinum Partners, IMM Investment, KL Norma Startup and Venture Private Equity Fund, Korea Investment, Premier Partners

Real estate
Jipyong

Jipyong is a well-rounded firm that offers representation across all key practice areas and core industries. The firm’s competition and labour and employment practices are highly regarded by peers and clients. Managing partner and labour specialist Ji Hyung Kim is widely-respected in the market, noted as a ‘pillar of industry’ by peers for his extensive experience in this field. Gee Hong Kim frequently acts as lead partner in competition and antitrust cases, and many of the firm’s top M&A matters last year featured corporate partners Cheol Jeong and Min Shin. The equity capital markets practice has an impressive record as issuer’s counsel on numerous listings, including those for SK Biopharmaceuticals and Kakao Games. The firm is deepening its regional footprint with on-the-ground operations in a number of emerging markets such as Indonesia, Myanmar, Laos, and Vietnam. Kyung Taek Park, a partner specialising in banking and finance, left the firm in 2022.

Client feedback 

“Jipyong understands the entertainment industry very well.” – Media and entertainment

“They provide professional legal knowledge and sharing of know-how.” – Real estate

Moonhee Kim

“As far as I know she has been counselling this industry quite long, which gives her lots of experience and diverse perspectives.”


Work highlights 

Advised K-1 15TH Pangyo Real Estate Investment Trust Company on the purchase of H Square in Pangyo.

Advised LT KB Geumcheon 5th New Stay REIT on the purchase of Lotte Castle near the Doksan Station from Lotte Aluminum.

Advised MBC Busan on the sale of the MBC Busan building to Highart E&C.

Key clients

Banwol Smart Logistic, Hana Insurance, Igisneovalue Asset Management, KB Asset Management, Kiwoom Asset Management, Welcome Savings Bank

Kim & Chang

As the largest and most dominant full-service law firm in Korea, Kim & Chang needs no introduction. It remains unchallenged across the board, maintaining its ‘Outstanding’ ranking in all practice areas and sectors. It is a first-choice firm for many multinationals, international brands and domestic conglomerates. Its sheer size allows the firm to house multiple top-notch specialists in every niche area of practice and push the boundaries of innovation with landmark and sizeable matters. The competition team welcomed talent from the National Court Administration of Korea, the Korea Fair Trade Commission (KFTC), peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s intellectual property pillar gained 17 additional lawyers from various courts and peer firms, while the dispute team was boosted by four.

Client feedback 

“Clear advice and fine documentation for deal structure.” – Aviation and shipping

“Kim & Chang has a large pool of competitive lawyers covering various areas and is able to provide comprehensive reliable legal advice concerning unconventional transactions.” – Aviation and shipping

“Kim & Chang is able to form a perfect support team for its clients, so even the most complex matters can be walked through with seasoned insights. Kim & Chang has the leading professionals in the country. Not only lawyers but also professionals of various backgrounds having the qualities that are right, needed, and appropriate.” – Competition and antitrust

“They provide specific advice for clients as well as interpretation of the law.” – Competition and antitrust

“They find creative solutions for complex issues, manage various workstreams, understand clients’ needs and stakeholders’ interests surrounding different legal matters.” – Competition and antitrust

“Provided timely advise on the transaction structure, conducted legal due diligence and drafted legal documents including shareholder's agreement, sale and purchase agreements, loan documents, security documents, etc.” – Corporate and M&A

“Kim & Chang has the proper systems in place to address clients’ requests. Based on the experience of completing multiple transactions, expertise in all relevant practice areas, and a high understanding of clients’ needs with a thoughtful attitude, the firm has significantly contributed to the process and provided the valuable legal advice we needed.” – Corporate and M&A

“Kim & Chang has profound experience and knowledge of both Korean and Chinese M&A deals and has ample experience in collaborating with Chinese local law firms. Lawyers of the firm are reachable and remain hands-on when working with clients.” – Corporate and M&A

Professional excellence and timely communication.” – Corporate and M&A

“Undisputed number one corporate finance legal advisor in Korea. The absolute quality that Kim & Chang brings to the table is way ahead of what anyone can offer on the street.” – Corporate and M&A

“They do well in communications with clients and litigation strategies. They provide clear deliverables.” – Dispute resolution

“Innovative skill set to win the case.” – Dispute resolution

“Precise and quick report, persuasive brief, successful result, reasonable costs.” – Intellectual property

“Kim & Chang’s greatest strength definitely would be that they have the best expertise. Kim & Chang has a system that not only brings together the top experts in each practice area but also allows them to fully demonstrate their abilities, which distinguishes the firm from others.” – Insurance

“Kim & Chang’s insurance team has top-notch professionals who provide a comprehensive solution to the issues. Most attorneys have an in-depth understanding of industry-wide issues and keep track of the latest legislative updates, so whenever I need to get advice on any issue, they are already aware of the issue or quickly follow client-specific concerns in the right context. If we need to engage regulators or lightly tap the regulator stance, Kim & Chang team is also capable of efficiently engaging them through its advisory group consisting of ex-FSS/FSC officials.” – Insurance

“Reliably provide the most up-to-date and accurate advice amid evolving regulations. Practical advice that is user-friendly from the perspective of in-house counsel.” – Labour and employment

“Kim & Chang’s team was very professional and incremental in providing their legal services, which led our union negotiations into a successful practice while minimizing the business risk.” – Labour and employment

“They offer active management of key stakeholders above country level and support the local management to drive effective communication and decision-making process.” – Labour and employment

“Kim & Chang is the best law firm in Korea with many experienced lawyers. As a private equity professional, I am facing many challenging situations in terms of investment and portfolio management. Kim & Chang always has helped us in a very timely manner. I particularly like the way Kim & Chang advises us decisively so that we can make decisions comfortably.” – Private equity

“The firm, with its experience in international deals, advised us of global practices.” – Private equity

“Kim & Chang showed excellence in effectively grasping the core issues and providing the most reliable advice and recommendations under each given circumstance, deriving the most favourable outcome at the KCA.” – Regulatory

“They are very good at dealing with regulatory bodies and they have special know-how on persuading the regulatory bodies.” – Regulatory

“Strong technical knowledge and good relationship with the tax authorities” – Tax

“Communicate timely and clearly.” – Tax

Sangmi Baek

“She has demonstrated expertise in her area of work.”

Yonghoon Cho

“Excellent client relationship management and capability to build trust.”

Dong Shik Choi

“Experience, reliability and integrity.”

MJ Chung

“The only lawyer I completely entrust with legal and regulatory matters related to corporate finance and capital markets in Korea. MJ Chung is an industry-defining, living legend in Korean legal matters.”

Minha Gang

“Detailed analysis and good advice provided.”

Ji Soo Jang

“Easily accessible and provides the extra advice and explanation that in-house counsel might need.”

Don Jeon

“Don has the innovative skill set needed to turn a losing matter into a winning one.”

Jongwon Jeon

“Managing multiple workstreams for complex legal issues.”

Ji Young Jung

“She is very responsive and professional.”

Gihoon Kim

“Gihoon shows excellence in communicating with clients, very effectively grasps the core issues, provides specific suggestions in every project and assignment we have requested from him.”

Hyosang Kim

“Hyosang's depth of knowledge and experience surprises his client. As a relationship partner, he is able to provide advice in any area and we feel extremely comfortable reaching out to him for advice on any matter. He is also good at managing client relationships. We are extremely satisfied with his service, professionalism, knowledge, and insight.”

Teo Kim

“Punctuality and professional knowledge.”

Tae Hyuk Ko

“Provides specific advice for clients as well as interpretation of the law.”

Chunsoo Lee

“He explores the most suitable solutions and provides thorough advice. He provides a clear outline for each case and develops strategies and key arguments based on thorough analysis.”

Dohyung Lee

“Dohyung shows excellence in communicating with clients, very effectively grasps the core issues, provides the most sound and reliable suggestions in any project or assignments we have requested him with.”

Hyo Je Lee

“Attorney Hyo Je Lee is a very rare attorney who is great in every aspect. He is not only bright on law, sagaciously and skillfully handling legal work, but also has a strong sense of responsibility, prepares everything carefully, and has a good relationship.”

Kyungyoon Lee

“Lee has profound experience and knowledge of global M&A deals and has ample experience in collaborating with global law firms. He is reachable and remains hands-on working with clients.”

Sangwoo Lee

“Prompt feedback and good rationale.”

Shin Kwon Lim

“He has prolonged experience in the private equity and M&A area, and is able to give guidance when uncertainty occurs.”

Jina Myung

“Provided proper advice and timely solution on our legal issue. Her advice and solution have worked well and enabled us to make our trades successfully.”

TY Nam

“Very professional and has clear communication skill besides the deep knowledge of the field.”

Hyunjae Park

“Very practical and user-friendly advice. He is very good at seeing himself in the shoes of the client and also makes sure he has a high understanding of the client's organization and situation.”

Min Chul Park

“Min Chul Park is the leading lawyer in the TMT industry. With experience as a previous government official, he has vast knowledge in technology regulations. He has deep knowledge and experience in the media and entertainment industry and is capable of providing creative solutions in the most difficult situations. He is also very responsive and provides advice in the most difficult hours - whether it is near midnight or at the weekends.”

Wanbin Park

He is really proactive and well prepared for our inquiries. I want to recommend him, especially for regulatory issues on licences and permits.”

Hyun Wook Shin

“Shin is highly professional in understanding client's concerns and addressing the exact issue with the right solutions or at least the most viable solutions which are reasonably compromising. This seems to be attributable to his up-to-date knowledge of industry-wide issues and intensive experience dealing with all kinds of issues arising from the insurance business. I would particularly recommend him because he is not only an excellent attorney but extremely easy to talk to with any issue under any circumstances. Very client-friendly and never compromises his quality of work or client's risk management.”

“Client friendly and has deep and long-standing experience as well as knowledge in the insurance sector.”

Sangmyoung Shin

“He has a comprehensive view on how to handle legal matters involving financial transactions and is proficient with coordination within Kim & Chang to come up with an effective solution.”

Jay Young-June Yang

“The best lawyer in the Korean IP field, always responsive and helpful.”

 

Work highlights 

Represented IGIS Asset Management in its acquisition of hotels for multi-use development.

Advised JR AMC on the acquisition of the Ameswell office building located in Silicon Valley, US.

Advised HP Printing Korea on its forward purchase of an R&D centre to be developed by Hoban Construction and its underlying land.

Key clients

Coupang Corp, Goldman Sachs, IGIS Asset Management, LB Asset Management, NH-Amundi Asset Management, Simone Investment Managers

Lee & Ko

An undisputed premier firm, Lee & Ko holds steady in the rankings as a foolproof choice for its impressive roster of offshore and onshore clients. Its renowned finance practice wins plaudits from peers and clients that acknowledge its frequent role in representing lenders. The firm was elevated this year into the Oustanding tiers for labour and employment and real estate. Despite a slowdown in the capital markets, Lee & Ko’s traditional dominance in debt capital markets helped it maintain a steady flow of debt deals. Managing partner Yong Seok Ahn is recognised for his corporate and competition expertise. The firm experienced the usual inflow and outflow of talent. Notable movements in 2021 include two capital markets experts, Jung-Myung Lee, Hyeong Min Yoo joining the firm as partners. Hyun Young Ju, an antitrust and competition specialist left the firm while Jeannie Jeong filled the void to enhance the firm’s strength in this sector. The firm’s dispute resolution team has also been expanding over the past years with nine new partners on board.

Client feedback 

Dedicated legal advice on the lender side.” – Aviation and shipping

“Lee & Ko is very up to date with the regulatory requirements in South Korea and was very constructive in working with our timeline.” – Aviation and shipping

The team is very responsive and knows their stuff. Always efficient and effective at getting things done.” – Aviation and shipping

“Very clear and accurate feedback whenever an issue arises.” – Competition and antitrust

“Detailed analysis of legal principles to elaborate countermeasures. Good communication skills with clients.” – Competition and antitrust

Client-friendly attitude, full of practical advice, 24/7 seamless professional service.” – Corporate and M&A

“I can feel that they are really experts in providing legal advice for M&A deal structure, contract, due diligence and deal closing, especially in both Korea and the US.” – Corporate and M&A

“Lee & Ko accurately grasps the fact, composes legal logic elaborately, and properly asserts this during the trial.” – Dispute resolution

“Knowledgeable, predictable, collaborative.” – Dispute resolution

“Very diligent and hands-on for both US and Korean law, and provides a heads-up on any events.” – Energy

“Fast and clear responses. Extremely professional and very swift action once instructions are given” – Intellectual property

“On difficult-to-solve issues, strives to solve problems and actively presents opinions first.” – Intellectual property

“I have been working with them for several years and what astonishes me is that they are extremely enthusiastic about their work. They try to understand each case very thoroughly, checking all the details from A to Z. I got an impression that they are using every given method and resource to bring us the best result.” – Insurance

Expertise in labour and criminal matters.” – Labour and employment

“Knows the industry very well and provides advice clearly.” – Media and entertainment

“Flexibility and client-friendliness.” –Private equity

“Deeply professional and have enthusiasm for providing advice for client's legal matter.” – Regulatory

“Very detailed, hard-working and fast.” – Real estate

“Mindset for clients and deep understanding of industry-specific matters.” – Tax

Jun Woo Cho

“Always consider client's needs and perspectives.”

Chunghwan Choi

“He is very knowledgeable and responsive to our requests.”

Woojin Choi

“Dedicated legal advice.”

Chang Yeon Ho

“Proactively engages with client and depth of knowledge for the insurance industry.”

Jinyoung Jung

“Jinyoung Jung has excellent capabilities in industry sector knowledge and client relationship management.”

Sung Min Kim

“Fast response, client-oriented mind.”

Suruyn Kim

“Sincere preparation, active response to client, and knowledge of the case.”

Daehoon Koo

“Proactive.”

Jinhong Kwon

“He is open to every client.”

“He is a man of great ability on insurance matters.”

“Working with Jinhong Kwon was a great experience. He knows what teamwork is. He possesses excellent communication skills, and he and his team advise clients as a harmonized group.”

Eunwoo Lee

“Eunwoo has clearly demonstrated a very strong understanding of our client's needs. Eunwoo is also clear and practical in her advice.”

Hee Woong Lee

“Real-time response, full knowledge, and practical advice and suggestion of an alternative.”

“I would say that he has high ability of the legal side and he has provided good legal advice to me.”

Kyunghoon Lee

“Quick and friendly feedback, useful and practical advice on compliance matters.”

Miji Lee

“High-quality feedback and legal opinion on urgent issues.”

Jangwoo Park

“He's excellent at persuasion and presentation. It leads to good results in dispute resolution.”

Jung Myong Park

“He has the strongest communication skills and problem-solving ability.”

Keum Nang Park

“Rich experience in pharmaceutical patents.”

Kwang Bae Park

“Flexibility and client-friendliness.”

Sangyong Ra

“Expertise in criminal and labour issues.”

Myunghyun Ryu

“He is very responsive and knowledgeable in this business area. Having him in the team made our life much easier.”

Woo Dong Seok

He is very experienced and good at his job.”

Helen Sohn

“Long-standing experience in the aviation industry advising Korean Air Lines, and knows her stuff.”

“She is very proactive in maintaining contacts. Her clients rely on her advice.”


Work highlights

Advised Lotte Shopping and Hotel Lotte on the sale of its stake in Lotte World Tower & Mall.

Advised Pacific Investment Management on its forward purchase of a logistics centre to be constructed in the Yongin International Logistics Complex.

Key clients

Hana Alternative, Koramco Asset Management, Tiger Alternative Investment

Shin & Kim

Shin & Kim maintains its esteemed reputation in the market across all areas. Peers refer to the firm with respect and say that in recent years, the firm is furthering its visibility on matters and building on its historic strengths in capital markets and real estate. The firm boasts a 12-partner strong team dedicated purely to capital markets, one of the largest among all Korean law firms, and runs its IPO and structured finance teams separately under the capital markets wing. The real estate team welcomed four partners, Hyun Lee, Ho Seuk Jang, Seung Hyun Lee, and Kishil Yang from Barun Law. The dispute resolution team is gaining momentum with the addition of eight partners. Meanwhile, 11 lawyers of the team were promoted to partners in 2022.


Work highlights 

Provided comprehensive counsel to NH Amundi throughout the entire process of the acquisition of 31 Building.

Advised AEW Asia on its purchase of Twin Tree Tower.

Key clients

Hana AMC, IGIS Asset Management, JB Asset Management, Samsung SRA Asset Management

Regulatory
Lee & Ko

An undisputed premier firm, Lee & Ko holds steady in the rankings as a foolproof choice for its impressive roster of offshore and onshore clients. Its renowned finance practice wins plaudits from peers and clients that acknowledge its frequent role in representing lenders. The firm was elevated this year into the Oustanding tiers for labour and employment and real estate. Despite a slowdown in the capital markets, Lee & Ko’s traditional dominance in debt capital markets helped it maintain a steady flow of debt deals. Managing partner Yong Seok Ahn is recognised for his corporate and competition expertise. The firm experienced the usual inflow and outflow of talent. Notable movements in 2021 include two capital markets experts, Jung-Myung Lee, Hyeong Min Yoo joining the firm as partners. Hyun Young Ju, an antitrust and competition specialist left the firm while Jeannie Jeong filled the void to enhance the firm’s strength in this sector. The firm’s dispute resolution team has also been expanding over the past years with nine new partners on board.

Client feedback 

Dedicated legal advice on the lender side.” – Aviation and shipping

“Lee & Ko is very up to date with the regulatory requirements in South Korea and was very constructive in working with our timeline.” – Aviation and shipping

The team is very responsive and knows their stuff. Always efficient and effective at getting things done.” – Aviation and shipping

“Very clear and accurate feedback whenever an issue arises.” – Competition and antitrust

“Detailed analysis of legal principles to elaborate countermeasures. Good communication skills with clients.” – Competition and antitrust

Client-friendly attitude, full of practical advice, 24/7 seamless professional service.” – Corporate and M&A

“I can feel that they are really experts in providing legal advice for M&A deal structure, contract, due diligence and deal closing, especially in both Korea and the US.” – Corporate and M&A

“Lee & Ko accurately grasps the fact, composes legal logic elaborately, and properly asserts this during the trial.” – Dispute resolution

“Knowledgeable, predictable, collaborative.” – Dispute resolution

“Very diligent and hands-on for both US and Korean law, and provides a heads-up on any events.” – Energy

“Fast and clear responses. Extremely professional and very swift action once instructions are given” – Intellectual property

“On difficult-to-solve issues, strives to solve problems and actively presents opinions first.” – Intellectual property

“I have been working with them for several years and what astonishes me is that they are extremely enthusiastic about their work. They try to understand each case very thoroughly, checking all the details from A to Z. I got an impression that they are using every given method and resource to bring us the best result.” – Insurance

Expertise in labour and criminal matters.” – Labour and employment

“Knows the industry very well and provides advice clearly.” – Media and entertainment

“Flexibility and client-friendliness.” –Private equity

“Deeply professional and have enthusiasm for providing advice for client's legal matter.” – Regulatory

“Very detailed, hard-working and fast.” – Real estate

“Mindset for clients and deep understanding of industry-specific matters.” – Tax

Jun Woo Cho

“Always consider client's needs and perspectives.”

Chunghwan Choi

“He is very knowledgeable and responsive to our requests.”

Woojin Choi

“Dedicated legal advice.”

Chang Yeon Ho

“Proactively engages with client and depth of knowledge for the insurance industry.”

Jinyoung Jung

“Jinyoung Jung has excellent capabilities in industry sector knowledge and client relationship management.”

Sung Min Kim

“Fast response, client-oriented mind.”

Suruyn Kim

“Sincere preparation, active response to client, and knowledge of the case.”

Daehoon Koo

“Proactive.”

Jinhong Kwon

“He is open to every client.”

“He is a man of great ability on insurance matters.”

“Working with Jinhong Kwon was a great experience. He knows what teamwork is. He possesses excellent communication skills, and he and his team advise clients as a harmonized group.”

Eunwoo Lee

“Eunwoo has clearly demonstrated a very strong understanding of our client's needs. Eunwoo is also clear and practical in her advice.”

Hee Woong Lee

“Real-time response, full knowledge, and practical advice and suggestion of an alternative.”

“I would say that he has high ability of the legal side and he has provided good legal advice to me.”

Kyunghoon Lee

“Quick and friendly feedback, useful and practical advice on compliance matters.”

Miji Lee

“High-quality feedback and legal opinion on urgent issues.”

Jangwoo Park

“He's excellent at persuasion and presentation. It leads to good results in dispute resolution.”

Jung Myong Park

“He has the strongest communication skills and problem-solving ability.”

Keum Nang Park

“Rich experience in pharmaceutical patents.”

Kwang Bae Park

“Flexibility and client-friendliness.”

Sangyong Ra

“Expertise in criminal and labour issues.”

Myunghyun Ryu

“He is very responsive and knowledgeable in this business area. Having him in the team made our life much easier.”

Woo Dong Seok

He is very experienced and good at his job.”

Helen Sohn

“Long-standing experience in the aviation industry advising Korean Air Lines, and knows her stuff.”

“She is very proactive in maintaining contacts. Her clients rely on her advice.”


Work highlights 

Acted as legal counsel for Dunamu to conduct reviews of business structure in the non-fungible token (NFT) market.

Successfully defended Hyundai Engineering and Construction in the first industrial disaster case after the establishment of the Act on Corporate Punishment for Industrial Disasters in Korea.

Key clients

KleanNara, Korbit, Kyobo Life Insurance, The Ministry of Trade, Industry and Energy of Korea

Restructuring and insolvency
Lee & Ko

An undisputed premier firm, Lee & Ko holds steady in the rankings as a foolproof choice for its impressive roster of offshore and onshore clients. Its renowned finance practice wins plaudits from peers and clients that acknowledge its frequent role in representing lenders. The firm was elevated this year into the Oustanding tiers for labour and employment and real estate. Despite a slowdown in the capital markets, Lee & Ko’s traditional dominance in debt capital markets helped it maintain a steady flow of debt deals. Managing partner Yong Seok Ahn is recognised for his corporate and competition expertise. The firm experienced the usual inflow and outflow of talent. Notable movements in 2021 include two capital markets experts, Jung-Myung Lee, Hyeong Min Yoo joining the firm as partners. Hyun Young Ju, an antitrust and competition specialist left the firm while Jeannie Jeong filled the void to enhance the firm’s strength in this sector. The firm’s dispute resolution team has also been expanding over the past years with nine new partners on board.

Client feedback 

Dedicated legal advice on the lender side.” – Aviation and shipping

“Lee & Ko is very up to date with the regulatory requirements in South Korea and was very constructive in working with our timeline.” – Aviation and shipping

The team is very responsive and knows their stuff. Always efficient and effective at getting things done.” – Aviation and shipping

“Very clear and accurate feedback whenever an issue arises.” – Competition and antitrust

“Detailed analysis of legal principles to elaborate countermeasures. Good communication skills with clients.” – Competition and antitrust

Client-friendly attitude, full of practical advice, 24/7 seamless professional service.” – Corporate and M&A

“I can feel that they are really experts in providing legal advice for M&A deal structure, contract, due diligence and deal closing, especially in both Korea and the US.” – Corporate and M&A

“Lee & Ko accurately grasps the fact, composes legal logic elaborately, and properly asserts this during the trial.” – Dispute resolution

“Knowledgeable, predictable, collaborative.” – Dispute resolution

“Very diligent and hands-on for both US and Korean law, and provides a heads-up on any events.” – Energy

“Fast and clear responses. Extremely professional and very swift action once instructions are given” – Intellectual property

“On difficult-to-solve issues, strives to solve problems and actively presents opinions first.” – Intellectual property

“I have been working with them for several years and what astonishes me is that they are extremely enthusiastic about their work. They try to understand each case very thoroughly, checking all the details from A to Z. I got an impression that they are using every given method and resource to bring us the best result.” – Insurance

Expertise in labour and criminal matters.” – Labour and employment

“Knows the industry very well and provides advice clearly.” – Media and entertainment

“Flexibility and client-friendliness.” –Private equity

“Deeply professional and have enthusiasm for providing advice for client's legal matter.” – Regulatory

“Very detailed, hard-working and fast.” – Real estate

“Mindset for clients and deep understanding of industry-specific matters.” – Tax

Jun Woo Cho

“Always consider client's needs and perspectives.”

Chunghwan Choi

“He is very knowledgeable and responsive to our requests.”

Woojin Choi

“Dedicated legal advice.”

Chang Yeon Ho

“Proactively engages with client and depth of knowledge for the insurance industry.”

Jinyoung Jung

“Jinyoung Jung has excellent capabilities in industry sector knowledge and client relationship management.”

Sung Min Kim

“Fast response, client-oriented mind.”

Suruyn Kim

“Sincere preparation, active response to client, and knowledge of the case.”

Daehoon Koo

“Proactive.”

Jinhong Kwon

“He is open to every client.”

“He is a man of great ability on insurance matters.”

“Working with Jinhong Kwon was a great experience. He knows what teamwork is. He possesses excellent communication skills, and he and his team advise clients as a harmonized group.”

Eunwoo Lee

“Eunwoo has clearly demonstrated a very strong understanding of our client's needs. Eunwoo is also clear and practical in her advice.”

Hee Woong Lee

“Real-time response, full knowledge, and practical advice and suggestion of an alternative.”

“I would say that he has high ability of the legal side and he has provided good legal advice to me.”

Kyunghoon Lee

“Quick and friendly feedback, useful and practical advice on compliance matters.”

Miji Lee

“High-quality feedback and legal opinion on urgent issues.”

Jangwoo Park

“He's excellent at persuasion and presentation. It leads to good results in dispute resolution.”

Jung Myong Park

“He has the strongest communication skills and problem-solving ability.”

Keum Nang Park

“Rich experience in pharmaceutical patents.”

Kwang Bae Park

“Flexibility and client-friendliness.”

Sangyong Ra

“Expertise in criminal and labour issues.”

Myunghyun Ryu

“He is very responsive and knowledgeable in this business area. Having him in the team made our life much easier.”

Woo Dong Seok

He is very experienced and good at his job.”

Helen Sohn

“Long-standing experience in the aviation industry advising Korean Air Lines, and knows her stuff.”

“She is very proactive in maintaining contacts. Her clients rely on her advice.”


Work highlights 

Acted as the legal counsel for a group of lenders including HSBC Bank on the restructuring of the Seadrill Group.

Acted as the legal counsel for Daeyang Construction on its rehabilitation.

Key clients

DL E&C, Lego, Gilsan Pipe, Korean Air, Ul Pan Pacific

Shin & Kim

Shin & Kim maintains its esteemed reputation in the market across all areas. Peers refer to the firm with respect and say that in recent years, the firm is furthering its visibility on matters and building on its historic strengths in capital markets and real estate. The firm boasts a 12-partner strong team dedicated purely to capital markets, one of the largest among all Korean law firms, and runs its IPO and structured finance teams separately under the capital markets wing. The real estate team welcomed four partners, Hyun Lee, Ho Seuk Jang, Seung Hyun Lee, and Kishil Yang from Barun Law. The dispute resolution team is gaining momentum with the addition of eight partners. Meanwhile, 11 lawyers of the team were promoted to partners in 2022.


Work highlights 

Advised SsangYong Motor Corporation on rehabilitation proceedings.

Advised Woongjin Energy on various types of stalking-horse bids and provided a wide array of advisory services throughout its rehabilitation.

Provided SK Broadband with comprehensive advisory services on bankruptcy and IPR laws, such as negotiating with the bankruptcy administrator of Synergy Media and filing bankruptcy claims.

Key clients

CJ Cheiljedang Corporation, DMC Industrial-Educational Development Foundation, Pine Tree Partners, Yuanta Securities Korea

Yulchon

Yulchon secures its place in the ‘Outstanding’ band for competition, litigation, private equity and tax this year. It climbs up the rankings in the aviation and shipping, and insurance practice areas. Its famed dispute resolution practice has over 250 professionals and keeps apace with an evolving market, creating new disputes practice areas that are novel and innovative. The firm welcomed 14 new joiners over the past two years. Among them, Joon Ho Kwon, the former head of the IPO service team of the Korea Exchange, joined as a partner, and four team members have solid regulatory experience in Korea’s Financial Supervisory Service.

Client feedback 

“Quite professional and efficient. They have rich experience of internal investigations into antitrust cases.” – Competition and antitrust

“Wealth of experience of the designated lawyer. Efficient allocation of limited resources compared to competing law firms in the local market.” – Corporate and M&A

“Timely and detailed advice.” – Corporate and M&A

“Easily accessible partner, high-quality services” – Dispute resolution

“When we entrust a case to Yulchon, a team of lawyers, who are professional in the practice area, is formed for the case, including lawyers who have worked for more than 20 years as judges in the court and professionals who know the issue well. As a client, you can expect the best results. They are passionate, trying to find the best shortcut to winning, and always communicating with us. They also ask us a lot of questions to discover what we are missing or overlooking.” – Dispute resolution

“Yulchon has been able to provide high-quality professional advice on every question and query on this case and came up with the appropriate strategic plan since the start of the appointment. The team comprised all skill sets necessary to defend the case from start to finish and was also able to comprehend the stance of the accused well enough to reflect its best position in the lawsuit. Particularly the lawyer who has field experience in criminal areas from the local police has been a key player to this appointment and, with his one-step-ahead judgement against every correspondence, made it possible to draw the best outcome.” – Dispute resolution

“Their team is responsive, has very high standards and quality. They were our thought partners not only on the technical details but also on the strategy. While we were in the midst of Covid, Christopher Mandel, Wansoo Kim and Larry were supporting us above and beyond their duties. We are forever grateful for their support and care. They also have outstanding communication skills.” – Dispute resolution

“Yulchon wants to find a practical goal that clients cannot express well. Yulchon actively explores what the opponent's strategy will be.” – Dispute resolution

“Yulchon is very logical and reasonable in solving problems and providing customized services to clients.” – Dispute resolution

“Yulchon has expertise in issues related to insurance and perfectly fulfils our requirements.” – Insurance

“Yulchon’s insurance team provides all the insurance-related services that we need ranging from regulatory advice to legislative support on important insurance issues.” – Insurance

“I have been working with them for several years. What astonishes me is that they are extremely enthusiastic about their work. They try to understand each case thoroughly, checking all the details from A to Z. They were using every given method and resource to bring us the best result.” – Insurance

Seamless communication, fast and accurate feedback.” – Intellectual property

“Yulchon is the best firm in this area and is known as the best firm for defending pharmaceutical IP, which is why Boryung chose the firm.” – Intellectual property

“Expertise and enthusiasm.” – Labour and employment

“Active, professional knowledge and rich experience” – Labour and employment

“Professional, deep focus on client's view, solve the problem for client's interests even client doesn't realize it.” – Private equity

“Understands client’s needs well and provides timely advice.” – Private equity

“Yulchon always thinks and gives us professional suggestions from company perspectives.” – Regulatory

Yong Whan Choi

“Yong Whan Choi is really amazing and I believe that he is the number one lawyer related to tax issues. I know that he is really good and positive. He always tries to support his client with the best solutions and results.”

Cecil Saehoon Chung

“Very responsive and has good knowledge of the KFTC.”

“Very experienced in an antitrust investigations, having good knowledge of the automotive industry and good and clear communication skills.”

Dai Won Chung

“He has professional knowledge.”

Seung hyuk Han

“Rapid situation response.”

Woo Young Hur

“Woo Young Hur is an eminent lawyer and expert in the criminal area. He listens, understands the clients’ personal needs and tries to meet their requirements with instant feedback and appropriate advice. He thinks, considers and agonizes himself on clients’ behalf and uses all his best ability to come up with the best outcome out of each scenario.

Shin Hyunhwa

“High understanding of the insurance industry and provides client-friendly advisory services.”

Sang Tae Jeong

“Good communication skills.”

Gun Kim

Good knowledge, management skills and attitude.”

“Strong expertise and diverse experience.”

Jung Woo Lee

“A lot of experience and extensive expertise.”

“Listening skills, responsibilities, communication skills, giving solutions and insights, knowledge of various topics.”

Tea Eun Lee

“Friendly and law-based information is provided quickly.”

Christopher Mandel

“He is responsive, thoughtful and professional. He is extremely responsible and committed as evidenced by the way he supported us in a critical situation while having Covid-19.”

Il Bong Moon

He is known for his wealth of knowledge and experience in financial affairs, above all, in litigation in this area. He has more than 30 years’ experience and know-how as a judge and lawyer, so he is good at providing solutions that are right for the case. If he takes on a case, he actively seeks out facts that are favourable to us, checks possible adverse facts well, and devises necessary strategies accordingly. In Korea, there is no restriction on when to submit claims or evidence, and submissions can be made until the court issues judgment. So, instead of submitting all claims and evidence at the beginning of the case, if necessary, while looking at the other party's claims or evidence, he will submit and attack as necessary. For example, when the opposing party makes a false claim, he simply refutes the part and does not submit evidence, but when the opposing party has difficulty changing his or her opinion, he submits decisive evidence and traps the opposing party.

“He is good at storytelling and coming up with winning strategies, and he is very effective at questioning witnesses.”

Jaehyun Park

“Ability to identify and subsequently address clients' needs.”

Sung Bom Park

Knowledgeable, has rich experience and great at networking.”

Hyun Hwa Shin

“Excellent communication and problem solving skills.”

“She is the head of Yulchon’s insurance team. She is particularly helpful in offering creative solutions to complicated regulatory issues.”

“In-depth expertise in insurance issues.”

Young Su Shin

He knows what teamwork is. He possesses excellent communication skills, and he and his team advise clients as one harmonized group.”

“He is the best insurance practitioner in Korea.”

Doil Son

“Professional and attentive.”

Kim Sung Woo

“He has abundant experience in the private asset management area. He was one of the most popular and experienced judges in this area before joining Yulchon.”

Cho Sang Wook

Close interaction with the client.”

Kyung Ae Yeon

“Her expertise, experience, leadership in meetings, and willingness to resolve clients’ difficulties all point to her being the best counsel in the Korean pharmaceutical industry.”

Yong Pyo Yeom

“He is a very technically and commercially savvy lawyer and understands the client's concerns very well. He is easily accessible and responsive too.”

“Yeom is not only technically excellent but also commercially minded so he understands the intricacies of the client's commercial concerns. Yeom is easily accessible and engages in an approach of collaboration to find the most feasible solutions for the client .”

 


Work highlights 

Represented Seoul Guarantee Insurance Company in rehabilitation procedures against Myongji School Foundation, a non-profit foundation subject to special legal regulations.

Acting for Eastar Jet in its rehabilitation procedures.

Advised KB Kookmin Bank on asset securitization of a non-performing loan by means of asset transfer under the Asset-Backed Securitization Act.

Key clients

KEB Hana Bank, Korea Development Bank, Ministry of Justice, Mitsui & Co Korea, Seokgyeong Medical Foundation

Tax
Kim & Chang

As the largest and most dominant full-service law firm in Korea, Kim & Chang needs no introduction. It remains unchallenged across the board, maintaining its ‘Outstanding’ ranking in all practice areas and sectors. It is a first-choice firm for many multinationals, international brands and domestic conglomerates. Its sheer size allows the firm to house multiple top-notch specialists in every niche area of practice and push the boundaries of innovation with landmark and sizeable matters. The competition team welcomed talent from the National Court Administration of Korea, the Korea Fair Trade Commission (KFTC), peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s intellectual property pillar gained 17 additional lawyers from various courts and peer firms, while the dispute team was boosted by four.

Client feedback 

“Clear advice and fine documentation for deal structure.” – Aviation and shipping

“Kim & Chang has a large pool of competitive lawyers covering various areas and is able to provide comprehensive reliable legal advice concerning unconventional transactions.” – Aviation and shipping

“Kim & Chang is able to form a perfect support team for its clients, so even the most complex matters can be walked through with seasoned insights. Kim & Chang has the leading professionals in the country. Not only lawyers but also professionals of various backgrounds having the qualities that are right, needed, and appropriate.” – Competition and antitrust

“They provide specific advice for clients as well as interpretation of the law.” – Competition and antitrust

“They find creative solutions for complex issues, manage various workstreams, understand clients’ needs and stakeholders’ interests surrounding different legal matters.” – Competition and antitrust

“Provided timely advise on the transaction structure, conducted legal due diligence and drafted legal documents including shareholder's agreement, sale and purchase agreements, loan documents, security documents, etc.” – Corporate and M&A

“Kim & Chang has the proper systems in place to address clients’ requests. Based on the experience of completing multiple transactions, expertise in all relevant practice areas, and a high understanding of clients’ needs with a thoughtful attitude, the firm has significantly contributed to the process and provided the valuable legal advice we needed.” – Corporate and M&A

“Kim & Chang has profound experience and knowledge of both Korean and Chinese M&A deals and has ample experience in collaborating with Chinese local law firms. Lawyers of the firm are reachable and remain hands-on when working with clients.” – Corporate and M&A

Professional excellence and timely communication.” – Corporate and M&A

“Undisputed number one corporate finance legal advisor in Korea. The absolute quality that Kim & Chang brings to the table is way ahead of what anyone can offer on the street.” – Corporate and M&A

“They do well in communications with clients and litigation strategies. They provide clear deliverables.” – Dispute resolution

“Innovative skill set to win the case.” – Dispute resolution

“Precise and quick report, persuasive brief, successful result, reasonable costs.” – Intellectual property

“Kim & Chang’s greatest strength definitely would be that they have the best expertise. Kim & Chang has a system that not only brings together the top experts in each practice area but also allows them to fully demonstrate their abilities, which distinguishes the firm from others.” – Insurance

“Kim & Chang’s insurance team has top-notch professionals who provide a comprehensive solution to the issues. Most attorneys have an in-depth understanding of industry-wide issues and keep track of the latest legislative updates, so whenever I need to get advice on any issue, they are already aware of the issue or quickly follow client-specific concerns in the right context. If we need to engage regulators or lightly tap the regulator stance, Kim & Chang team is also capable of efficiently engaging them through its advisory group consisting of ex-FSS/FSC officials.” – Insurance

“Reliably provide the most up-to-date and accurate advice amid evolving regulations. Practical advice that is user-friendly from the perspective of in-house counsel.” – Labour and employment

“Kim & Chang’s team was very professional and incremental in providing their legal services, which led our union negotiations into a successful practice while minimizing the business risk.” – Labour and employment

“They offer active management of key stakeholders above country level and support the local management to drive effective communication and decision-making process.” – Labour and employment

“Kim & Chang is the best law firm in Korea with many experienced lawyers. As a private equity professional, I am facing many challenging situations in terms of investment and portfolio management. Kim & Chang always has helped us in a very timely manner. I particularly like the way Kim & Chang advises us decisively so that we can make decisions comfortably.” – Private equity

“The firm, with its experience in international deals, advised us of global practices.” – Private equity

“Kim & Chang showed excellence in effectively grasping the core issues and providing the most reliable advice and recommendations under each given circumstance, deriving the most favourable outcome at the KCA.” – Regulatory

“They are very good at dealing with regulatory bodies and they have special know-how on persuading the regulatory bodies.” – Regulatory

“Strong technical knowledge and good relationship with the tax authorities” – Tax

“Communicate timely and clearly.” – Tax

Sangmi Baek

“She has demonstrated expertise in her area of work.”

Yonghoon Cho

“Excellent client relationship management and capability to build trust.”

Dong Shik Choi

“Experience, reliability and integrity.”

MJ Chung

“The only lawyer I completely entrust with legal and regulatory matters related to corporate finance and capital markets in Korea. MJ Chung is an industry-defining, living legend in Korean legal matters.”

Minha Gang

“Detailed analysis and good advice provided.”

Ji Soo Jang

“Easily accessible and provides the extra advice and explanation that in-house counsel might need.”

Don Jeon

“Don has the innovative skill set needed to turn a losing matter into a winning one.”

Jongwon Jeon

“Managing multiple workstreams for complex legal issues.”

Ji Young Jung

“She is very responsive and professional.”

Gihoon Kim

“Gihoon shows excellence in communicating with clients, very effectively grasps the core issues, provides specific suggestions in every project and assignment we have requested from him.”

Hyosang Kim

“Hyosang's depth of knowledge and experience surprises his client. As a relationship partner, he is able to provide advice in any area and we feel extremely comfortable reaching out to him for advice on any matter. He is also good at managing client relationships. We are extremely satisfied with his service, professionalism, knowledge, and insight.”

Teo Kim

“Punctuality and professional knowledge.”

Tae Hyuk Ko

“Provides specific advice for clients as well as interpretation of the law.”

Chunsoo Lee

“He explores the most suitable solutions and provides thorough advice. He provides a clear outline for each case and develops strategies and key arguments based on thorough analysis.”

Dohyung Lee

“Dohyung shows excellence in communicating with clients, very effectively grasps the core issues, provides the most sound and reliable suggestions in any project or assignments we have requested him with.”

Hyo Je Lee

“Attorney Hyo Je Lee is a very rare attorney who is great in every aspect. He is not only bright on law, sagaciously and skillfully handling legal work, but also has a strong sense of responsibility, prepares everything carefully, and has a good relationship.”

Kyungyoon Lee

“Lee has profound experience and knowledge of global M&A deals and has ample experience in collaborating with global law firms. He is reachable and remains hands-on working with clients.”

Sangwoo Lee

“Prompt feedback and good rationale.”

Shin Kwon Lim

“He has prolonged experience in the private equity and M&A area, and is able to give guidance when uncertainty occurs.”

Jina Myung

“Provided proper advice and timely solution on our legal issue. Her advice and solution have worked well and enabled us to make our trades successfully.”

TY Nam

“Very professional and has clear communication skill besides the deep knowledge of the field.”

Hyunjae Park

“Very practical and user-friendly advice. He is very good at seeing himself in the shoes of the client and also makes sure he has a high understanding of the client's organization and situation.”

Min Chul Park

“Min Chul Park is the leading lawyer in the TMT industry. With experience as a previous government official, he has vast knowledge in technology regulations. He has deep knowledge and experience in the media and entertainment industry and is capable of providing creative solutions in the most difficult situations. He is also very responsive and provides advice in the most difficult hours - whether it is near midnight or at the weekends.”

Wanbin Park

He is really proactive and well prepared for our inquiries. I want to recommend him, especially for regulatory issues on licences and permits.”

Hyun Wook Shin

“Shin is highly professional in understanding client's concerns and addressing the exact issue with the right solutions or at least the most viable solutions which are reasonably compromising. This seems to be attributable to his up-to-date knowledge of industry-wide issues and intensive experience dealing with all kinds of issues arising from the insurance business. I would particularly recommend him because he is not only an excellent attorney but extremely easy to talk to with any issue under any circumstances. Very client-friendly and never compromises his quality of work or client's risk management.”

“Client friendly and has deep and long-standing experience as well as knowledge in the insurance sector.”

Sangmyoung Shin

“He has a comprehensive view on how to handle legal matters involving financial transactions and is proficient with coordination within Kim & Chang to come up with an effective solution.”

Jay Young-June Yang

“The best lawyer in the Korean IP field, always responsive and helpful.”

 

Work highlights 

Successfully acted as the legal counsel for CJ E&M in the first Korean court decision which explicitly deemed the discount borne by card companies as a sales discount for VAT purposes.

Defended a pharmaceutical company’s position in a tax audit.

Shin & Kim

Shin & Kim maintains its esteemed reputation in the market across all areas. Peers refer to the firm with respect and say that in recent years, the firm is furthering its visibility on matters and building on its historic strengths in capital markets and real estate. The firm boasts a 12-partner strong team dedicated purely to capital markets, one of the largest among all Korean law firms, and runs its IPO and structured finance teams separately under the capital markets wing. The real estate team welcomed four partners, Hyun Lee, Ho Seuk Jang, Seung Hyun Lee, and Kishil Yang from Barun Law. The dispute resolution team is gaining momentum with the addition of eight partners. Meanwhile, 11 lawyers of the team were promoted to partners in 2022.


Work highlights 

Advised client in a lawsuit seeking revocation of disposition of tariff correction refusal.

Represented a Korean conglomerate in a case concerning a refund of acquisition tax.

 
Yoon & Yang

Yoon & Yang is a premier choice for all corporate and financial law areas, notably in the competition, technology and telecommunications, dispute resolution, employment and regulatory areas. The firm works with large international and domestic clients from all industries and sectors. The private equity team welcomed David Lee and Hyeong Joon Choi, two senior attorneys, in 2022.

Client feedback 

“Even though Yoon & Yang comprises lawyers mainly having expertise in law, they have noticeable insights into the market flow and the overall business. Therefore, not only do they provide legal opinions based on their expertise in law, they also provide the appropriate legal advice considering the needs of the client and the overall situation of the client. So they provide me with the most outstanding work in the most efficient way, making me satisfied each time I work with them.” – Corporate and M&A

“I, as an M&A expert in Korea, believe it is important to work with experts who have various backgrounds when I handle M&A deals. Comprising of accountants, tax attorneys and foreign attorneys as well as Korean attorneys, I believe that Yoon & Yang’s one-stop advice is second to none in the Korean M&A market. In addition, Yoon & Yang’s M&A attorneys have good negotiation skills and a high level of industry knowledge so I could close the M&A deals successfully. It is always impressive that they always come up with fast and effective responses to complicated legal issues. Therefore, I will continue to retain Yoon & Yang in the future.” – Corporate and M&A

“It provides reasonable, safe and professional tools to let me run my business.” – Corporate and M&A

“They understand and are dedicated to the client’s needs. Their strategy is very effective in large complex disputes.” – Dispute resolution

“Responsive and hard working. Excellent quality and service. The firm has real strength in litigation and dispute resolution.” – Dispute resolution

“The feedback was super fast and exact what we needed.” – Dispute resolution

“It provides professional knowledge and advice on the matters concerned. Plus, its lawyers do their best endeavour and dedicate themselves to solving the problems I faced.” – Dispute resolution

They know the local regulations related to the transfer of renewable plants well and provide timely services based on their understanding of the project timeline.” – Energy

“Friendly communication not only with the legal team but also with the project, technical team.” – Energy

“The litigation we carry out is governed by the Patent Law and the Pharmaceutical Affairs Law at the same time. And, In order to carry out the litigation, they had to be familiar with the entire process of drug approval in Korea and abroad. It's very complicated litigation, but they did it well and got good results.” – Intellectual property

“Yoon & Yang successfully defended the criminal prosecution and managed the civil action well.” – Intellectual property

“They have extensive knowledge and ample experience in IP areas including patent, trademark, and copyright. I think they are particularly strong in dealing with patent infringement and patent invalidation cases as well as trials for the scope of a right. They are very detailed and always provide us with plans B and C for preparing for the unexpected situation.” – Intellectual property

“Very professional and hard-working. Received great support on both IP and tax issues.” – Intellectual property

“Yoon & Yang’s positive attributes are its speed and accuracy. When we ask for legal services from other big law firms in Korea, they often spend too much time making theoretical arguments and conducting research that is more or less intended for show. However, Yoon & Yang’s legal services are very concise, with its legal opinions streamlined with core arguments and conclusions, making them easier to understand. For departments within our company other than those that directly need legal services, Yoon & Yang can easily understand their opinions and utilize the opinions to come up with plans. Furthermore, given the nature of our company, we need a law firm which can respond to our inquiries in real-time, and Yoon & Yang was the quickest. We were impressed by its kind legal services even when we asked for them abruptly.” – Labour and employment

“Close interaction with clients.” – Labour and employment

“Yoon & Yang has been doing fantastic jobs for our company. Its lawyers provide excellent comments and they are really fast and quick to respond to our questions.” – Real estate

“We think the firm’s biggest strength is its professional ability and high-quality manpower. In particular it has a lot of experience in various value-added tax issues.” – Tax

Jae Ryun Cho

“He understands my position in the cases so that he can provide me with right and reasonable solutions. Furthermore, he always shares his empathy with his clients.”

Kyoung Ho Hong

“Expertise in criminal and labour issues.”

Seong Hong

“Hong has a good relationship with each person in charge of each department in our company and has a superb understanding of our industry, which allows him to provide reasonable solutions. Our people are very satisfied with his quick, reasonable solutions to our requests for advice. Furthermore, by providing us with useful information and material on HR, he regularly updates us on labour issues and helps us prepare for them. For instance, when a labour union was recently established among office workers within the Hyundai Motor Group, we, as a company without any labour union, had to come up with countermeasures as quickly as possible. Hong advised on what we should prepare for in the early stage of a labour union establishment and what the labour union might ask us to do and provided us with his legal opinions on each of the possible requests that the labour union might ask for. His help was essential in our development of reasonable labour management policies.”

Siwon Huh

“Siwon's positive attributes are that he is creative yet sensible when it comes to his profession. He fully devotes his time to come up with an optimal litigation strategy, by way of conducting comprehensive and deep discussions with other lawyers.”

Jeong Gyu Kim

“He has extensive knowledge and ample experience in IP areas including patent, trademark, and copyrights. I think he is particularly strong in dealing with patent infringement and patent invalidation cases as well as trials for the scope of a right. He is very detailed and always provides us with plan B and C for preparing for the unexpected situation.”

Kayoung Kim

“Kayoung Kim is a diligent lawyer who puts a top priority on satisfying our company’s legal needs. Her responses are very efficient and quick.”

Kwon Hoe Kim

“Excellent client management and communications.”

Myung Ahn Kim

“Extremely dedicated to clients, responsive and works around the clock, hardworking, clever, international quality of service, elegant advocate, commercially minded and finds creative solutions.”

“She has excellent global knowledge and experience in dispute resolution and does her best endeavour to work.”

Sam Kim

“He is a very talented lawyer who was recognised, even as an associate, as one of the best international arbitration lawyers in the market. He is mindful of the client’s needs and highly skilled in handling complex disputes, whether it’s litigation, mediation or arbitration, all of which he has assisted DL E&C with. He is the go-to person when the company is in a tight situation and needs the best solution quickly. He also understands the client’s needs better than most other lawyers I have worked with perhaps due to his experience of having been on the client side in a Korean conglomerate.”

Sung Jin Kim

“Sung Jin Kim has outstanding expertise and abundant experience in M&A and other corporate legal issues. In particular, his best strength is that he always provides legal opinions and practicable solutions in connection with possible disputes even though the clients didn’t explicitly ask for them when seeking legal advice on investment either as an investor or the target. In other words, he is prepared for every legal issue, including possible future risk factors including the ones that the clients couldn’t have thought of themselves. Sometimes, after closing, I finally realize the true value of the advice that he gave during the negotiation of the agreement terms.”

Dongju Kwon

“If you ask him for advice on the problem, he can always come up with a solution. He looks at the problem from a broad perspective and offers long-term direction.”

Sejung Lee

“She organises and communicates with the company and the law firm well.”

Young Woo Park

“Young Woo Park is one of the most bright and excellent lawyers in South Korea that I have ever worked with among the largest law firms in South Korea. I feel that he has in-depth knowledge of real estate matters and financial industries. Our company is actively operating in real estate funds and Young Woo Park’s expertise in both industries is 100% fitting to us.”

Dae Sagong

“Good communication and management of the internal team, at reasonable cost.”

“He is one of the most diligent and dedicated lawyers I know of, with positive vibes and a solution-oriented mindset. It has been a pleasure working with him and he will continue to be my first pick when new issues pop up.”

“Outstanding dedication to clients, not only in terms of support but he also guides business teams in the right direction with proactive and pragmatic approaches to sensitive and complicated legal issues.”


Work highlights 

Assisting Hyundai Motor on a $2.6 million tax administrative litigation case for the rejection of an application for a local corporate income tax refund regarding the deduction of foreign tax credit carryover.

Advised Rothmans Far East and British American Tobacco Korea Manufacturing on three tax administrative litigation cases with a total of $74.3 million, for the repeal of a disposition to impose value added tax, tobacco consumption tax, and individual consumption tax, and criminal litigation on a charge of tax evasion.

Advised Qualcomm on the legitimacy of the Korean tax authority’s assertions regarding a withheld corporate income tax imposed on the price paid for a patent not registered in Korea, and how to refute these.

Key clients

Booyoung Housing, Dongkwang Housing, LG Chem, SK Innovation

Yulchon

Yulchon secures its place in the ‘Outstanding’ band for competition, litigation, private equity and tax this year. It climbs up the rankings in the aviation and shipping, and insurance practice areas. Its famed dispute resolution practice has over 250 professionals and keeps apace with an evolving market, creating new disputes practice areas that are novel and innovative. The firm welcomed 14 new joiners over the past two years. Among them, Joon Ho Kwon, the former head of the IPO service team of the Korea Exchange, joined as a partner, and four team members have solid regulatory experience in Korea’s Financial Supervisory Service.

Client feedback 

“Quite professional and efficient. They have rich experience of internal investigations into antitrust cases.” – Competition and antitrust

“Wealth of experience of the designated lawyer. Efficient allocation of limited resources compared to competing law firms in the local market.” – Corporate and M&A

“Timely and detailed advice.” – Corporate and M&A

“Easily accessible partner, high-quality services” – Dispute resolution

“When we entrust a case to Yulchon, a team of lawyers, who are professional in the practice area, is formed for the case, including lawyers who have worked for more than 20 years as judges in the court and professionals who know the issue well. As a client, you can expect the best results. They are passionate, trying to find the best shortcut to winning, and always communicating with us. They also ask us a lot of questions to discover what we are missing or overlooking.” – Dispute resolution

“Yulchon has been able to provide high-quality professional advice on every question and query on this case and came up with the appropriate strategic plan since the start of the appointment. The team comprised all skill sets necessary to defend the case from start to finish and was also able to comprehend the stance of the accused well enough to reflect its best position in the lawsuit. Particularly the lawyer who has field experience in criminal areas from the local police has been a key player to this appointment and, with his one-step-ahead judgement against every correspondence, made it possible to draw the best outcome.” – Dispute resolution

“Their team is responsive, has very high standards and quality. They were our thought partners not only on the technical details but also on the strategy. While we were in the midst of Covid, Christopher Mandel, Wansoo Kim and Larry were supporting us above and beyond their duties. We are forever grateful for their support and care. They also have outstanding communication skills.” – Dispute resolution

“Yulchon wants to find a practical goal that clients cannot express well. Yulchon actively explores what the opponent's strategy will be.” – Dispute resolution

“Yulchon is very logical and reasonable in solving problems and providing customized services to clients.” – Dispute resolution

“Yulchon has expertise in issues related to insurance and perfectly fulfils our requirements.” – Insurance

“Yulchon’s insurance team provides all the insurance-related services that we need ranging from regulatory advice to legislative support on important insurance issues.” – Insurance

“I have been working with them for several years. What astonishes me is that they are extremely enthusiastic about their work. They try to understand each case thoroughly, checking all the details from A to Z. They were using every given method and resource to bring us the best result.” – Insurance

Seamless communication, fast and accurate feedback.” – Intellectual property

“Yulchon is the best firm in this area and is known as the best firm for defending pharmaceutical IP, which is why Boryung chose the firm.” – Intellectual property

“Expertise and enthusiasm.” – Labour and employment

“Active, professional knowledge and rich experience” – Labour and employment

“Professional, deep focus on client's view, solve the problem for client's interests even client doesn't realize it.” – Private equity

“Understands client’s needs well and provides timely advice.” – Private equity

“Yulchon always thinks and gives us professional suggestions from company perspectives.” – Regulatory

Yong Whan Choi

“Yong Whan Choi is really amazing and I believe that he is the number one lawyer related to tax issues. I know that he is really good and positive. He always tries to support his client with the best solutions and results.”

Cecil Saehoon Chung

“Very responsive and has good knowledge of the KFTC.”

“Very experienced in an antitrust investigations, having good knowledge of the automotive industry and good and clear communication skills.”

Dai Won Chung

“He has professional knowledge.”

Seung hyuk Han

“Rapid situation response.”

Woo Young Hur

“Woo Young Hur is an eminent lawyer and expert in the criminal area. He listens, understands the clients’ personal needs and tries to meet their requirements with instant feedback and appropriate advice. He thinks, considers and agonizes himself on clients’ behalf and uses all his best ability to come up with the best outcome out of each scenario.

Shin Hyunhwa

“High understanding of the insurance industry and provides client-friendly advisory services.”

Sang Tae Jeong

“Good communication skills.”

Gun Kim

Good knowledge, management skills and attitude.”

“Strong expertise and diverse experience.”

Jung Woo Lee

“A lot of experience and extensive expertise.”

“Listening skills, responsibilities, communication skills, giving solutions and insights, knowledge of various topics.”

Tea Eun Lee

“Friendly and law-based information is provided quickly.”

Christopher Mandel

“He is responsive, thoughtful and professional. He is extremely responsible and committed as evidenced by the way he supported us in a critical situation while having Covid-19.”

Il Bong Moon

He is known for his wealth of knowledge and experience in financial affairs, above all, in litigation in this area. He has more than 30 years’ experience and know-how as a judge and lawyer, so he is good at providing solutions that are right for the case. If he takes on a case, he actively seeks out facts that are favourable to us, checks possible adverse facts well, and devises necessary strategies accordingly. In Korea, there is no restriction on when to submit claims or evidence, and submissions can be made until the court issues judgment. So, instead of submitting all claims and evidence at the beginning of the case, if necessary, while looking at the other party's claims or evidence, he will submit and attack as necessary. For example, when the opposing party makes a false claim, he simply refutes the part and does not submit evidence, but when the opposing party has difficulty changing his or her opinion, he submits decisive evidence and traps the opposing party.

“He is good at storytelling and coming up with winning strategies, and he is very effective at questioning witnesses.”

Jaehyun Park

“Ability to identify and subsequently address clients' needs.”

Sung Bom Park

Knowledgeable, has rich experience and great at networking.”

Hyun Hwa Shin

“Excellent communication and problem solving skills.”

“She is the head of Yulchon’s insurance team. She is particularly helpful in offering creative solutions to complicated regulatory issues.”

“In-depth expertise in insurance issues.”

Young Su Shin

He knows what teamwork is. He possesses excellent communication skills, and he and his team advise clients as one harmonized group.”

“He is the best insurance practitioner in Korea.”

Doil Son

“Professional and attentive.”

Kim Sung Woo

“He has abundant experience in the private asset management area. He was one of the most popular and experienced judges in this area before joining Yulchon.”

Cho Sang Wook

Close interaction with the client.”

Kyung Ae Yeon

“Her expertise, experience, leadership in meetings, and willingness to resolve clients’ difficulties all point to her being the best counsel in the Korean pharmaceutical industry.”

Yong Pyo Yeom

“He is a very technically and commercially savvy lawyer and understands the client's concerns very well. He is easily accessible and responsive too.”

“Yeom is not only technically excellent but also commercially minded so he understands the intricacies of the client's commercial concerns. Yeom is easily accessible and engages in an approach of collaboration to find the most feasible solutions for the client .”

 


Work highlights 

Successfully represented foreign financial institutions including JPMorgan in education tax assessment litigation.

Advised Mastern Investment Management on its investment in a US real estate development project.

Advised ARA Korea Asset Management regarding the acquisition of an office building in London, England via a real estate fund.

Key clients

Lotte Group

Technology and telecommunications
Jipyong

Jipyong is a well-rounded firm that offers representation across all key practice areas and core industries. The firm’s competition and labour and employment practices are highly regarded by peers and clients. Managing partner and labour specialist Ji Hyung Kim is widely-respected in the market, noted as a ‘pillar of industry’ by peers for his extensive experience in this field. Gee Hong Kim frequently acts as lead partner in competition and antitrust cases, and many of the firm’s top M&A matters last year featured corporate partners Cheol Jeong and Min Shin. The equity capital markets practice has an impressive record as issuer’s counsel on numerous listings, including those for SK Biopharmaceuticals and Kakao Games. The firm is deepening its regional footprint with on-the-ground operations in a number of emerging markets such as Indonesia, Myanmar, Laos, and Vietnam. Kyung Taek Park, a partner specialising in banking and finance, left the firm in 2022.

Client feedback 

“Jipyong understands the entertainment industry very well.” – Media and entertainment

“They provide professional legal knowledge and sharing of know-how.” – Real estate

Moonhee Kim

“As far as I know she has been counselling this industry quite long, which gives her lots of experience and diverse perspectives.”


Work highlights

Represented TSE in a patent infringement case related to a patent for a semiconductor testing socket. The court decided in favour of TSE.

Participated in a task force to improve the laws and regulations relating to the prohibition of mandatory in-app purchases and advised on related matters.

Key clients

InfoBank Corporation, Naver Corporation, Sandbox Network

Kim & Chang

As the largest and most dominant full-service law firm in Korea, Kim & Chang needs no introduction. It remains unchallenged across the board, maintaining its ‘Outstanding’ ranking in all practice areas and sectors. It is a first-choice firm for many multinationals, international brands and domestic conglomerates. Its sheer size allows the firm to house multiple top-notch specialists in every niche area of practice and push the boundaries of innovation with landmark and sizeable matters. The competition team welcomed talent from the National Court Administration of Korea, the Korea Fair Trade Commission (KFTC), peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s intellectual property pillar gained 17 additional lawyers from various courts and peer firms, while the dispute team was boosted by four.

Client feedback 

“Clear advice and fine documentation for deal structure.” – Aviation and shipping

“Kim & Chang has a large pool of competitive lawyers covering various areas and is able to provide comprehensive reliable legal advice concerning unconventional transactions.” – Aviation and shipping

“Kim & Chang is able to form a perfect support team for its clients, so even the most complex matters can be walked through with seasoned insights. Kim & Chang has the leading professionals in the country. Not only lawyers but also professionals of various backgrounds having the qualities that are right, needed, and appropriate.” – Competition and antitrust

“They provide specific advice for clients as well as interpretation of the law.” – Competition and antitrust

“They find creative solutions for complex issues, manage various workstreams, understand clients’ needs and stakeholders’ interests surrounding different legal matters.” – Competition and antitrust

“Provided timely advise on the transaction structure, conducted legal due diligence and drafted legal documents including shareholder's agreement, sale and purchase agreements, loan documents, security documents, etc.” – Corporate and M&A

“Kim & Chang has the proper systems in place to address clients’ requests. Based on the experience of completing multiple transactions, expertise in all relevant practice areas, and a high understanding of clients’ needs with a thoughtful attitude, the firm has significantly contributed to the process and provided the valuable legal advice we needed.” – Corporate and M&A

“Kim & Chang has profound experience and knowledge of both Korean and Chinese M&A deals and has ample experience in collaborating with Chinese local law firms. Lawyers of the firm are reachable and remain hands-on when working with clients.” – Corporate and M&A

Professional excellence and timely communication.” – Corporate and M&A

“Undisputed number one corporate finance legal advisor in Korea. The absolute quality that Kim & Chang brings to the table is way ahead of what anyone can offer on the street.” – Corporate and M&A

“They do well in communications with clients and litigation strategies. They provide clear deliverables.” – Dispute resolution

“Innovative skill set to win the case.” – Dispute resolution

“Precise and quick report, persuasive brief, successful result, reasonable costs.” – Intellectual property

“Kim & Chang’s greatest strength definitely would be that they have the best expertise. Kim & Chang has a system that not only brings together the top experts in each practice area but also allows them to fully demonstrate their abilities, which distinguishes the firm from others.” – Insurance

“Kim & Chang’s insurance team has top-notch professionals who provide a comprehensive solution to the issues. Most attorneys have an in-depth understanding of industry-wide issues and keep track of the latest legislative updates, so whenever I need to get advice on any issue, they are already aware of the issue or quickly follow client-specific concerns in the right context. If we need to engage regulators or lightly tap the regulator stance, Kim & Chang team is also capable of efficiently engaging them through its advisory group consisting of ex-FSS/FSC officials.” – Insurance

“Reliably provide the most up-to-date and accurate advice amid evolving regulations. Practical advice that is user-friendly from the perspective of in-house counsel.” – Labour and employment

“Kim & Chang’s team was very professional and incremental in providing their legal services, which led our union negotiations into a successful practice while minimizing the business risk.” – Labour and employment

“They offer active management of key stakeholders above country level and support the local management to drive effective communication and decision-making process.” – Labour and employment

“Kim & Chang is the best law firm in Korea with many experienced lawyers. As a private equity professional, I am facing many challenging situations in terms of investment and portfolio management. Kim & Chang always has helped us in a very timely manner. I particularly like the way Kim & Chang advises us decisively so that we can make decisions comfortably.” – Private equity

“The firm, with its experience in international deals, advised us of global practices.” – Private equity

“Kim & Chang showed excellence in effectively grasping the core issues and providing the most reliable advice and recommendations under each given circumstance, deriving the most favourable outcome at the KCA.” – Regulatory

“They are very good at dealing with regulatory bodies and they have special know-how on persuading the regulatory bodies.” – Regulatory

“Strong technical knowledge and good relationship with the tax authorities” – Tax

“Communicate timely and clearly.” – Tax

Sangmi Baek

“She has demonstrated expertise in her area of work.”

Yonghoon Cho

“Excellent client relationship management and capability to build trust.”

Dong Shik Choi

“Experience, reliability and integrity.”

MJ Chung

“The only lawyer I completely entrust with legal and regulatory matters related to corporate finance and capital markets in Korea. MJ Chung is an industry-defining, living legend in Korean legal matters.”

Minha Gang

“Detailed analysis and good advice provided.”

Ji Soo Jang

“Easily accessible and provides the extra advice and explanation that in-house counsel might need.”

Don Jeon

“Don has the innovative skill set needed to turn a losing matter into a winning one.”

Jongwon Jeon

“Managing multiple workstreams for complex legal issues.”

Ji Young Jung

“She is very responsive and professional.”

Gihoon Kim

“Gihoon shows excellence in communicating with clients, very effectively grasps the core issues, provides specific suggestions in every project and assignment we have requested from him.”

Hyosang Kim

“Hyosang's depth of knowledge and experience surprises his client. As a relationship partner, he is able to provide advice in any area and we feel extremely comfortable reaching out to him for advice on any matter. He is also good at managing client relationships. We are extremely satisfied with his service, professionalism, knowledge, and insight.”

Teo Kim

“Punctuality and professional knowledge.”

Tae Hyuk Ko

“Provides specific advice for clients as well as interpretation of the law.”

Chunsoo Lee

“He explores the most suitable solutions and provides thorough advice. He provides a clear outline for each case and develops strategies and key arguments based on thorough analysis.”

Dohyung Lee

“Dohyung shows excellence in communicating with clients, very effectively grasps the core issues, provides the most sound and reliable suggestions in any project or assignments we have requested him with.”

Hyo Je Lee

“Attorney Hyo Je Lee is a very rare attorney who is great in every aspect. He is not only bright on law, sagaciously and skillfully handling legal work, but also has a strong sense of responsibility, prepares everything carefully, and has a good relationship.”

Kyungyoon Lee

“Lee has profound experience and knowledge of global M&A deals and has ample experience in collaborating with global law firms. He is reachable and remains hands-on working with clients.”

Sangwoo Lee

“Prompt feedback and good rationale.”

Shin Kwon Lim

“He has prolonged experience in the private equity and M&A area, and is able to give guidance when uncertainty occurs.”

Jina Myung

“Provided proper advice and timely solution on our legal issue. Her advice and solution have worked well and enabled us to make our trades successfully.”

TY Nam

“Very professional and has clear communication skill besides the deep knowledge of the field.”

Hyunjae Park

“Very practical and user-friendly advice. He is very good at seeing himself in the shoes of the client and also makes sure he has a high understanding of the client's organization and situation.”

Min Chul Park

“Min Chul Park is the leading lawyer in the TMT industry. With experience as a previous government official, he has vast knowledge in technology regulations. He has deep knowledge and experience in the media and entertainment industry and is capable of providing creative solutions in the most difficult situations. He is also very responsive and provides advice in the most difficult hours - whether it is near midnight or at the weekends.”

Wanbin Park

He is really proactive and well prepared for our inquiries. I want to recommend him, especially for regulatory issues on licences and permits.”

Hyun Wook Shin

“Shin is highly professional in understanding client's concerns and addressing the exact issue with the right solutions or at least the most viable solutions which are reasonably compromising. This seems to be attributable to his up-to-date knowledge of industry-wide issues and intensive experience dealing with all kinds of issues arising from the insurance business. I would particularly recommend him because he is not only an excellent attorney but extremely easy to talk to with any issue under any circumstances. Very client-friendly and never compromises his quality of work or client's risk management.”

“Client friendly and has deep and long-standing experience as well as knowledge in the insurance sector.”

Sangmyoung Shin

“He has a comprehensive view on how to handle legal matters involving financial transactions and is proficient with coordination within Kim & Chang to come up with an effective solution.”

Jay Young-June Yang

“The best lawyer in the Korean IP field, always responsive and helpful.”

 

Work highlights 

Advised HYBE on its acquisition of Ithaca Holdings.

Advised Krafton on its acquisition of Unknown Worlds Entertainment.

Advised Affinity Equity Partners, Permira Advisors and GS Retail on a $667 million acquisition of a Korean food delivery marketplace.

Advised KT Skylife, a satellite broadcasting business operator, on its acquisition of Hyundai HCN and Hyundai Media.

Key clients

LG Uplus, SK Telecom

Lee & Ko

An undisputed premier firm, Lee & Ko holds steady in the rankings as a foolproof choice for its impressive roster of offshore and onshore clients. Its renowned finance practice wins plaudits from peers and clients that acknowledge its frequent role in representing lenders. The firm was elevated this year into the Oustanding tiers for labour and employment and real estate. Despite a slowdown in the capital markets, Lee & Ko’s traditional dominance in debt capital markets helped it maintain a steady flow of debt deals. Managing partner Yong Seok Ahn is recognised for his corporate and competition expertise. The firm experienced the usual inflow and outflow of talent. Notable movements in 2021 include two capital markets experts, Jung-Myung Lee, Hyeong Min Yoo joining the firm as partners. Hyun Young Ju, an antitrust and competition specialist left the firm while Jeannie Jeong filled the void to enhance the firm’s strength in this sector. The firm’s dispute resolution team has also been expanding over the past years with nine new partners on board.

Client feedback 

Dedicated legal advice on the lender side.” – Aviation and shipping

“Lee & Ko is very up to date with the regulatory requirements in South Korea and was very constructive in working with our timeline.” – Aviation and shipping

The team is very responsive and knows their stuff. Always efficient and effective at getting things done.” – Aviation and shipping

“Very clear and accurate feedback whenever an issue arises.” – Competition and antitrust

“Detailed analysis of legal principles to elaborate countermeasures. Good communication skills with clients.” – Competition and antitrust

Client-friendly attitude, full of practical advice, 24/7 seamless professional service.” – Corporate and M&A

“I can feel that they are really experts in providing legal advice for M&A deal structure, contract, due diligence and deal closing, especially in both Korea and the US.” – Corporate and M&A

“Lee & Ko accurately grasps the fact, composes legal logic elaborately, and properly asserts this during the trial.” – Dispute resolution

“Knowledgeable, predictable, collaborative.” – Dispute resolution

“Very diligent and hands-on for both US and Korean law, and provides a heads-up on any events.” – Energy

“Fast and clear responses. Extremely professional and very swift action once instructions are given” – Intellectual property

“On difficult-to-solve issues, strives to solve problems and actively presents opinions first.” – Intellectual property

“I have been working with them for several years and what astonishes me is that they are extremely enthusiastic about their work. They try to understand each case very thoroughly, checking all the details from A to Z. I got an impression that they are using every given method and resource to bring us the best result.” – Insurance

Expertise in labour and criminal matters.” – Labour and employment

“Knows the industry very well and provides advice clearly.” – Media and entertainment

“Flexibility and client-friendliness.” –Private equity

“Deeply professional and have enthusiasm for providing advice for client's legal matter.” – Regulatory

“Very detailed, hard-working and fast.” – Real estate

“Mindset for clients and deep understanding of industry-specific matters.” – Tax

Jun Woo Cho

“Always consider client's needs and perspectives.”

Chunghwan Choi

“He is very knowledgeable and responsive to our requests.”

Woojin Choi

“Dedicated legal advice.”

Chang Yeon Ho

“Proactively engages with client and depth of knowledge for the insurance industry.”

Jinyoung Jung

“Jinyoung Jung has excellent capabilities in industry sector knowledge and client relationship management.”

Sung Min Kim

“Fast response, client-oriented mind.”

Suruyn Kim

“Sincere preparation, active response to client, and knowledge of the case.”

Daehoon Koo

“Proactive.”

Jinhong Kwon

“He is open to every client.”

“He is a man of great ability on insurance matters.”

“Working with Jinhong Kwon was a great experience. He knows what teamwork is. He possesses excellent communication skills, and he and his team advise clients as a harmonized group.”

Eunwoo Lee

“Eunwoo has clearly demonstrated a very strong understanding of our client's needs. Eunwoo is also clear and practical in her advice.”

Hee Woong Lee

“Real-time response, full knowledge, and practical advice and suggestion of an alternative.”

“I would say that he has high ability of the legal side and he has provided good legal advice to me.”

Kyunghoon Lee

“Quick and friendly feedback, useful and practical advice on compliance matters.”

Miji Lee

“High-quality feedback and legal opinion on urgent issues.”

Jangwoo Park

“He's excellent at persuasion and presentation. It leads to good results in dispute resolution.”

Jung Myong Park

“He has the strongest communication skills and problem-solving ability.”

Keum Nang Park

“Rich experience in pharmaceutical patents.”

Kwang Bae Park

“Flexibility and client-friendliness.”

Sangyong Ra

“Expertise in criminal and labour issues.”

Myunghyun Ryu

“He is very responsive and knowledgeable in this business area. Having him in the team made our life much easier.”

Woo Dong Seok

He is very experienced and good at his job.”

Helen Sohn

“Long-standing experience in the aviation industry advising Korean Air Lines, and knows her stuff.”

“She is very proactive in maintaining contacts. Her clients rely on her advice.”


Work highlights

Represented Naver Corporation and Gmarket Global in an administrative appeal case, requesting the cancellation of the corrective orders relating to the penalties imposed.

Advised Goldman Sach on regulatory issues relating to the investment structure for P2P lending transactions.

Key clients

Globalstar, Google, JTBC Studios, SK Telecom

Shin & Kim

Shin & Kim maintains its esteemed reputation in the market across all areas. Peers refer to the firm with respect and say that in recent years, the firm is furthering its visibility on matters and building on its historic strengths in capital markets and real estate. The firm boasts a 12-partner strong team dedicated purely to capital markets, one of the largest among all Korean law firms, and runs its IPO and structured finance teams separately under the capital markets wing. The real estate team welcomed four partners, Hyun Lee, Ho Seuk Jang, Seung Hyun Lee, and Kishil Yang from Barun Law. The dispute resolution team is gaining momentum with the addition of eight partners. Meanwhile, 11 lawyers of the team were promoted to partners in 2022.


Work highlights 

Advised Walt Disney on compliance management on the launch of a Korean service.

Advised Scania Korea Seoul on reporting of location of things (LoT) business.

Key clients

Amazon Advertising, Coupang, Korea Communications Commission, LGU+, Team Blind

Yulchon

Yulchon secures its place in the ‘Outstanding’ band for competition, litigation, private equity and tax this year. It climbs up the rankings in the aviation and shipping, and insurance practice areas. Its famed dispute resolution practice has over 250 professionals and keeps apace with an evolving market, creating new disputes practice areas that are novel and innovative. The firm welcomed 14 new joiners over the past two years. Among them, Joon Ho Kwon, the former head of the IPO service team of the Korea Exchange, joined as a partner, and four team members have solid regulatory experience in Korea’s Financial Supervisory Service.

Client feedback 

“Quite professional and efficient. They have rich experience of internal investigations into antitrust cases.” – Competition and antitrust

“Wealth of experience of the designated lawyer. Efficient allocation of limited resources compared to competing law firms in the local market.” – Corporate and M&A

“Timely and detailed advice.” – Corporate and M&A

“Easily accessible partner, high-quality services” – Dispute resolution

“When we entrust a case to Yulchon, a team of lawyers, who are professional in the practice area, is formed for the case, including lawyers who have worked for more than 20 years as judges in the court and professionals who know the issue well. As a client, you can expect the best results. They are passionate, trying to find the best shortcut to winning, and always communicating with us. They also ask us a lot of questions to discover what we are missing or overlooking.” – Dispute resolution

“Yulchon has been able to provide high-quality professional advice on every question and query on this case and came up with the appropriate strategic plan since the start of the appointment. The team comprised all skill sets necessary to defend the case from start to finish and was also able to comprehend the stance of the accused well enough to reflect its best position in the lawsuit. Particularly the lawyer who has field experience in criminal areas from the local police has been a key player to this appointment and, with his one-step-ahead judgement against every correspondence, made it possible to draw the best outcome.” – Dispute resolution

“Their team is responsive, has very high standards and quality. They were our thought partners not only on the technical details but also on the strategy. While we were in the midst of Covid, Christopher Mandel, Wansoo Kim and Larry were supporting us above and beyond their duties. We are forever grateful for their support and care. They also have outstanding communication skills.” – Dispute resolution

“Yulchon wants to find a practical goal that clients cannot express well. Yulchon actively explores what the opponent's strategy will be.” – Dispute resolution

“Yulchon is very logical and reasonable in solving problems and providing customized services to clients.” – Dispute resolution

“Yulchon has expertise in issues related to insurance and perfectly fulfils our requirements.” – Insurance

“Yulchon’s insurance team provides all the insurance-related services that we need ranging from regulatory advice to legislative support on important insurance issues.” – Insurance

“I have been working with them for several years. What astonishes me is that they are extremely enthusiastic about their work. They try to understand each case thoroughly, checking all the details from A to Z. They were using every given method and resource to bring us the best result.” – Insurance

Seamless communication, fast and accurate feedback.” – Intellectual property

“Yulchon is the best firm in this area and is known as the best firm for defending pharmaceutical IP, which is why Boryung chose the firm.” – Intellectual property

“Expertise and enthusiasm.” – Labour and employment

“Active, professional knowledge and rich experience” – Labour and employment

“Professional, deep focus on client's view, solve the problem for client's interests even client doesn't realize it.” – Private equity

“Understands client’s needs well and provides timely advice.” – Private equity

“Yulchon always thinks and gives us professional suggestions from company perspectives.” – Regulatory

Yong Whan Choi

“Yong Whan Choi is really amazing and I believe that he is the number one lawyer related to tax issues. I know that he is really good and positive. He always tries to support his client with the best solutions and results.”

Cecil Saehoon Chung

“Very responsive and has good knowledge of the KFTC.”

“Very experienced in an antitrust investigations, having good knowledge of the automotive industry and good and clear communication skills.”

Dai Won Chung

“He has professional knowledge.”

Seung hyuk Han

“Rapid situation response.”

Woo Young Hur

“Woo Young Hur is an eminent lawyer and expert in the criminal area. He listens, understands the clients’ personal needs and tries to meet their requirements with instant feedback and appropriate advice. He thinks, considers and agonizes himself on clients’ behalf and uses all his best ability to come up with the best outcome out of each scenario.

Shin Hyunhwa

“High understanding of the insurance industry and provides client-friendly advisory services.”

Sang Tae Jeong

“Good communication skills.”

Gun Kim

Good knowledge, management skills and attitude.”

“Strong expertise and diverse experience.”

Jung Woo Lee

“A lot of experience and extensive expertise.”

“Listening skills, responsibilities, communication skills, giving solutions and insights, knowledge of various topics.”

Tea Eun Lee

“Friendly and law-based information is provided quickly.”

Christopher Mandel

“He is responsive, thoughtful and professional. He is extremely responsible and committed as evidenced by the way he supported us in a critical situation while having Covid-19.”

Il Bong Moon

He is known for his wealth of knowledge and experience in financial affairs, above all, in litigation in this area. He has more than 30 years’ experience and know-how as a judge and lawyer, so he is good at providing solutions that are right for the case. If he takes on a case, he actively seeks out facts that are favourable to us, checks possible adverse facts well, and devises necessary strategies accordingly. In Korea, there is no restriction on when to submit claims or evidence, and submissions can be made until the court issues judgment. So, instead of submitting all claims and evidence at the beginning of the case, if necessary, while looking at the other party's claims or evidence, he will submit and attack as necessary. For example, when the opposing party makes a false claim, he simply refutes the part and does not submit evidence, but when the opposing party has difficulty changing his or her opinion, he submits decisive evidence and traps the opposing party.

“He is good at storytelling and coming up with winning strategies, and he is very effective at questioning witnesses.”

Jaehyun Park

“Ability to identify and subsequently address clients' needs.”

Sung Bom Park

Knowledgeable, has rich experience and great at networking.”

Hyun Hwa Shin

“Excellent communication and problem solving skills.”

“She is the head of Yulchon’s insurance team. She is particularly helpful in offering creative solutions to complicated regulatory issues.”

“In-depth expertise in insurance issues.”

Young Su Shin

He knows what teamwork is. He possesses excellent communication skills, and he and his team advise clients as one harmonized group.”

“He is the best insurance practitioner in Korea.”

Doil Son

“Professional and attentive.”

Kim Sung Woo

“He has abundant experience in the private asset management area. He was one of the most popular and experienced judges in this area before joining Yulchon.”

Cho Sang Wook

Close interaction with the client.”

Kyung Ae Yeon

“Her expertise, experience, leadership in meetings, and willingness to resolve clients’ difficulties all point to her being the best counsel in the Korean pharmaceutical industry.”

Yong Pyo Yeom

“He is a very technically and commercially savvy lawyer and understands the client's concerns very well. He is easily accessible and responsive too.”

“Yeom is not only technically excellent but also commercially minded so he understands the intricacies of the client's commercial concerns. Yeom is easily accessible and engages in an approach of collaboration to find the most feasible solutions for the client .”

 


Work highlights 

Represented KT in a case involving the Korea Communications Commission’s decision on KT’s violation of the Telecommunications Business Act and successfully handled the case by obtaining a reduction of the allegations and the administrative fine.  

Advised Hyundai Motor on legal guidelines for businesses to advance into new business using Metaverse.

Representing South Korean over-the-top (OTT) providers in a dispute with the the Ministry of Culture, Sports and Tourism overthe appropriate percentage of royalties payable to copyright holders by OTT service providers.

Key clients

LG CNS, LG HelloVision, Woori Home Shopping