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 area. 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 including Indonesia, Myanmar, Laos and Vietnam.
Client feedback
“Professional with good communication skills.” – Media and entertainment
Moonhee Kim
“She is professional in the media and entertainment field.”
Work highlights
Advised client on a lawsuit arising from an accident where an oil tanker collided with a bulk carrier. This was a very rare case where the shipowner tried to claim damages arising from the collision accident against the cargo interests of the counterpart collision vessel. The firm successfully assisted the client and defended the claim from the shipowner.
Defending a crew member of a shipping company who was charged with involuntary manslaughter regarding an accident during ship maintenance operation. Though the Korean Supreme Court rarely reverses lower court judgments, it did so in this case, finding no causal link between the captain's duties and an accident during ship maintenance. The case may set a precedent: captains face criminal liability only when failure of care causally contributes to an accident.
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, peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s aviation and shopping pillar gained two additional lawyers from peer firms, while the banking and finance team was boosted by three. In 2022, the firm’s dispute resolution practice and IP practice witnessed the addition of 18 and five new hires, respectively. Regrettably for the firm’s energy practice, three practitioners departed to Shim & Kim in 2023.
Client feedback
“They have strong internal teams consisting of various experts, including non-attorneys. Together with these strong internal teams, the attorneys provide practical advice. Overall, their work quality is excellent compared to other top-tier law firms in Korea.” – Banking and finance
“They not only know the substance but are also able to provide strategic guidance to help navigate the most challenging legal issues.” – Competition/antitrust
“Kim & Chang views the works and projects in detail but also overall, and presents issues and solutions before the client realises there could be a problem.” – Corporate and M&A
“Cutting-edge expertise and vast experience in M&A.” – Corporate and M&A
“The firm has great expertise in all legal areas and full resources to support clients.” – Corporate and M&A
“Accurate analysis of applicable local laws and practical advising on drafting a deal structure.” – Corporate and M&A
“They are brilliant communicators and can handle very difficult personalities diplomatically and with great charm. Their legal advice is strong and they are well organised and able to get through large volumes of work against tight deadlines.” – Dispute resolution
“Kim and Chang lawyers are professional, ethical and very smart. They quickly grasped detailed technical positions and smoothly integrated our technical analysis into legal briefs and presentations. I had confidence from the beginning that Kim and Chang was interested in seeing justice done more than in 'just winning'. On this point, they never wavered.” – Dispute resolution
“They have provided legal analysis thoroughly and timely, and coped with hearings well. They have communicated with our client from time to time to deliver and discuss implications and next steps.” – Dispute resolution
“One-stop shop – expertise in all aspects of law, and understanding the client's needs.” – Energy
“The offshore wind farm development project involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Energy
“The firm conducted due diligence well and provided advice on what needed to be checked and repaired for the upcoming deal. Throughout the process, they provided us with relevant and convincing materials, which made negotiations with the buyer easier for me.” – Infrastructure
“Expertise on the insurance sector, and good communication with local regulators.” – Insurance
“Kim & Chang was able to win the lawsuit with perfect legal reasoning and relentless diligence.” – Insurance
“Professional service with strong team members.” – Intellectual property
“Very professional.” – Intellectual property
“They do everything extremely well, in a cost-efficient manner. They have their usual personnel working on matters, and bring in additional expertise as needed to address the current issues.” – Intellectual property
“Very strategic and practical, obtaining excellent results.” – Intellectual property
“A truly international approach, a team of highly knowledgeable and responsive lawyers.” – Intellectual property
“Kim & Chang's lawyers and patent attorneys are highly skilled and have the best teamwork. With Kim & Chang, no matter the day or time, the responsiveness is great, and they never fail to provide immediate, in-depth analysis. They also knew exactly what we needed and went beyond what we asked for. Further, the team provided tech intelligence advice using their IP and tech data analysis, which helped our firm’s successful investment in the related technology.” – Intellectual property
“It is amiable and professional. Also, it is good at patent invalidation trials.” – Intellectual property
“They have a deep knowledge of the local patent law and practice and can provide advice even in the most complicated situations – they have a team of lawyers who can provide legal assistance in litigations and also expertise in regulatory matters – so covering almost all topics of interest for the pharmaceutical industry.” – Intellectual property
“Very competent and reliable advice.” – Intellectual property
“Kim & Chang successfully collated various data such as academic papers and financial information utilising patent data as a key input. The outcome provided integrated insight with a patent-based perspective on their industry and competitors.” – Intellectual property
“Professional but agile and adaptive advice and services. The team moves with urgency. Knows what is important and really strives to act on behalf of the client on various cases.” – Intellectual property
“The firm provided a well-balanced view and practical solution. They are the experts on Korean laws and Korean courts cases.” – Labour and employment
“Kim & Chang did a wonderful job defending Google before multiple regulators on our employment decisions.” – Labour and employment
“As we don't have global employment law team members based in South Korea, Kim & Chang are advising us on an ongoing basis. They are super-responsive, provide clear and pragmatic advice, great English and communication skills and also know and share relevant local practice as needed.” – Labour and employment
“Kim and Chang act as a trusted adviser. They understand our business and its associated values which underpin decision-making on labour and employment matters. They partner with us to discuss and strategise issues and adopt a commercially practical approach. They are responsive, often being available at short notice, and have unrivalled depth of experience in their team in the labour and employment space.” – Labour and employment
“Responsiveness, promptness, professionalism. Details.” – Labour and employment
“Professional team members including lawyers, tax lawyers, patent and trademark attorneys and accountants work in close coordination with each other.” – Private equity
“Most comprehensive services customised for M&A with breadth and depth of legal advice unparalleled in the market.” – Private equity
“Identified key regulation issues and mitigated several legal risk factors so that we could make improvements on the deals and eventually completed them.” – Private equity
“Even when we ask for very tight deadlines, Kim & Chang gets things done on time.” – Real estate
“Kim & Chang's professional assets and infrastructures.” – Regulatory
“The offshore wind farm complex development project at issues involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Regulatory
“They fully understand the legal and factual issues and suggest legally persuasive explanations to a court.” – Regulatory
“They very well understand the core issue and provide pragmatic solutions with accuracy and detail.” – Regulatory
“They are very professional.” – Tax
“We will continue to believe in their capabilities and will continue to strengthen our partnership." – Tax
“Understanding the arguments that can be made in defence of the company, and being willing to do so despite an aggressive government investigatory approach. Excellent English skills were instrumental, and their sense of urgency was key.” – Tax
“Kim & Chang is very responsive and understands the company’s needs and goals. Kim & Chang has a well-established group of attorneys and other professionals to manage relations with taxing authorities.” – Tax
“Kim & Chang boasted a team of highly skilled legal specialists proficient in various fields, enabling them to handle a diverse array of issues. Notably, the key counterpart attorneys representing our company were not only trustworthy but also proactive experts in their respective domains.” – Tax
“The first insight is to have a broad perspective on the case. It involves considering the potential impact of the case on the company in the future and exploring solutions from an overall standpoint.” – Tax
“Thoughtful, thorough and responsive.” – Tax
“Kim & Chang is unique in its position that it can support the client throughout different phases of business, from planning (by giving opinions) to implementation (by supporting APA) to tax office level audit (by assisting tax audit and MAP) and to court level audit (by defending the client at court). This enables the efficient retention of historical information and application of a consistent tax position. Simultaneously, Kim & Chang can provide a holistic review from non-tax angles, such as reporting obligations based on other laws. This helps the client to be ready for unforeseen legal obligations.” – Tax
Jay Kim
“Good communication skills and strategic advice. Jay is one of the best client managers I have ever known.”
In Hwan Kim
“Very professional.”
“In Hwan is totally invested in providing the best legal and business advice possible, regardless of the matter. He is extremely knowledgeable, and adds team members as needed. Our matter was and still is the first and only case to successfully recapture the price reduction of an original drug after generic entry.”
Daniel Kim
“Very competent, clear and reliable advice.”
Wan Suk Kim
“He gives quick and straightforward answers.”
John Kwak
“Knowledgeable and responsive.”
Kyung Yul Lee
“He understands the legal and political landscape very well and is able to provide effective guidance. He is always willing to make the extra effort to ensure that his and his team's advice is helpful.”
Min-Ho Lee
“Provides a solution based on an in-depth knowledge of the customer through excellent communication.”
Chunsoo Lee
“He showed practical and professional advice, good teamwork and problem-solving skills.”
Hyo Je Lee
“He is a very brilliant lawyer with a brilliant career, but he is also very honest and humble.”
Jongmin Lee
“Full engagement with the legal process, and very good experience and knowledge of IP and information security affairs.”
Yoonchang (Marcus) Lee
“He is smart and benevolent. He communicates well with the clients. Also, he is good at patent trials/lawsuits.”
Hwan Beom Lee
“Very responsive and swift action, pragmatic approach. He is very speedy and strategic.”
Shin Kwon Lim
“He is very thorough and has high knowledge and experience in the area.”
“A brilliant legal mind, Shin Kwon is also very efficient and responsive, which makes him an ideal counsel for complex M&A transactions.”
“He suggested acceptable solutions whenever I encountered unexpected problems, which was very valuable.”
Tae-Yeon Nam
“Very professional and shows depth of knowledge.”
Min-Young Oh
“Wide spectrum of knowledge spanning many fields, and understands the client's needs.”
Joon Hwan Park
“As a senior attorney in the maritime and energy fields, I understand Joonhwan has considerable experience and knowledge in the relevant field. He is very efficient and helpful in addressing licensing issues and is capable of handling work in the most proper and efficient manner. His communication skills are excellent in that he truly understands clients’ needs.”
Jong Hyun Park
“Great assessment of situation and potential risks; proactive and creative problem-solving; and willingness to go out of his way to find a solution in all situations.”
Jae Suk Park
“Provides solutions based on an in-depth knowledge of the customer's needs through excellent communication, with integrity, accountability and a commitment to ethics, while demonstrating resilience and enthusiasm.”
“Jae Suk Park, who is our business partner, prepared a well-organised ACVA filing strategy. It aligned well with the latest practice and trend. He and his team are highly qualified to achieve what the client wants.”
Soyun Park
“She is an incredibly talented and proactive tax specialist who possesses a friendly demeanour. Furthermore, she has a customer-centric mindset, always anticipating the potential needs of clients and proactively addressing hidden risks in advance. Without a doubt, she is one of the finest lawyers I have ever worked.”
Joel Richardson
“He has great communication skills (orally and in writing). He thinks very rapidly in a courtroom environment. He is very ethical. He has an excellent personality. He treats his co-workers with great respect. He does not take contrary opinions personally.”
“Excellent communication and legal knowledge, applying strategic thinking and responsiveness.”
“Partner Joel Richardson and his team are amazing. They know the law, the market, and are quick learners about the technology. They exhibit excellent judgement – prudent but not overly risk averse.”
Yoon Sang Sim
“Reliability and high level of expertise.”
“Yoon Sang is very responsive and provides concise and practical advice. Yong Sang effectively leads other attorneys and professionals.”
Bumkyu Sung
“Provides professional and practical advice with a very responsive and timely manner, demonstrating a deep understanding of the finance industry.”
Work highlights
Successfully represented 13 container shipping companies and Korea Shipowners’ Association in a judicial review action against the Ministry of Land, Infrastructure and Transport. These court proceedings involved the shipowners’ trans-shipment container handling charges in the Busan Port which have been set up with the fixed unit rates in accordance with new rules and regulations introduced by the Korean government.
Representing liquefied natural gas (LNG) carriers in respect of a monetary claim involving freight for the forced boil-off-gas fuel use against shippers. This case is the first case where a dispute over freight has arisen between a shipping company and a shipper due to the International Maritime Organization sulphur content regulations in Korea.
Key clients
Amerijet International, Hyundai LNG Shipping, Korea Line LNG.
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 more than 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. The labour and employment team welcomed Jahyeong Ku and Kwang Sun Lee from Jipyong as partners in February 2023.
Client feedback
"They were professional in legal due diligence, and their feedback was prompt and reliable." – Corporate and M&A
"They were professional and enthusiastic." – Insurance
"Firstly, Yulchon's approach to the case was admirable. Despite the challenging situation due to Smartscore's extensive preparation and lawsuit, Yulchon provided us with psychological stability by demonstrating their passion and preparedness for various scenarios. Secondly, and more importantly, their legal reasoning was solid. While proving that our applications and solutions did not copy theirs, Yulchon discovered numerous prior technologies in preparation for various claims. Building on this, they employed a strategy to refute their premise, asserting that the imitated technology itself lacked originality. To be honest, I was amazed when I received the preparation letter. I have worked on several cases with other law firms, but it's rare to find a flawless and logically sound document that considers all possible scenarios from the outset. This made a positive impression on the judge during the hearing (even though it was a provisional hearing) and instilled confidence in the case. In summary, the lawsuit strategy presented by Yulchon was creative yet well-founded, leading us in a positive direction. Additionally, they provided various examples to support their logic, demonstrating their passion for delving into even the minutest technological details. Consequently, they submitted a perfectly prepared document. Their professionalism and passionate attitude, two qualities we value in our lawyers, were evident." – Intellectual property
"Their ability to handle complex and sophisticated matters is truly commendable. They navigate intricate issues with finesse and expertise, unmatched by others. They consistently demonstrate exceptional skill, competence and strategic thinking in challenging scenarios. Their astute analysis, sharp problem-solving skills and comprehensive understanding of intricate matters are truly impressive. They exhibit a remarkable ability to unravel complex issues and propose innovative solutions. Their proficiency in handling intricate and sophisticated matters is exceptional, distinguishing them in their field. Additionally, they possess a diverse range of expertise and skills that span various areas, enabling them to approach projects from multiple angles. The team members demonstrate a profound understanding of their respective fields and showcase a broad knowledge base. Their collective capabilities and depth of knowledge enable them to effectively handle complex and multifaceted tasks. Furthermore, their seamless collaboration and leveraging of each other's strengths contribute to the team's overall effectiveness. In summary, their team's depth and breadth are truly impressive, positioning them as a formidable force in their field." – Intellectual property
Yun Heui Cho
“Lawyer Cho is a former judge, and he's good at pleading for the court to understand.”
Yong Whan Choi
“Mr. Choi is the best lawyer related to tax fields in Korea, and that is why we are now working with Yulchon. I believe that there is not any work without Mr. Choi. He is creative and knowledgeable with a professional attitude.”
Hee Woo Jo
“First, he quickly recognises what the client wants and needs and comes back unconditionally the next meeting. Thanks to this, I can proceed with the fast-paced case comfortably and entrust it. Also, he has a rare and perfect expertise in this area. In this field, the industry has changed and diversified so rapidly that it is very difficult to grasp the contents, and other lawyers only understand it by gathering and learning a lot of information, but he is already very familiar with this industry and knows all the latest technologies, laws, precedents and trends. That is why we could follow his lead, and move in the correct direction accordingly, because we could believe that he knew everything and was managing it, even if we didn't know everything.”
Jin Kook Lee
“His fast feedback and problem-solving ability made the project progress favourably for our company.”
Yong Min Lee
“He has consistently delivered exceptional legal services, demonstrating an unparalleled level of expertise. With a deep understanding of the law and an unwavering commitment to excellence, he has consistently achieved outstanding results for us. His meticulous approach to legal matters, combined with his strategic thinking and sharp analytical skills, has enabled him to navigate complex legal issues with precision and effectiveness. We can trust in his ability to provide comprehensive and tailored legal solutions that meet our specific needs.”
Hyun Hwa Shin
“Hyunhwa offers a customer-oriented service backed by a high level of understanding and expertise in the insurance industry.”
Kyung Ae Yoon
“As a former examiner at the Patent and Trademark Office, her patent analysis is accurate and fast.”
Work highlights
Advised Multi Asset Global Investments in connection with a pre-delivery junior secured term loan to part-finance the acquisition of two H-Line newbuilds.
Advised Korea Trade Insurance Corporation (K-SURE) in connection with the proposed Chapter 11 proceedings and out-of-court restructuring initiated by Altera Infrastructure and its affiliates.
Advised the senior lenders, junior lenders and Korea Ocean Business Corporation in connection with a pre-delivery financing for the acquisition of two 86,000 CBM Class dual-fuel LPG carriers to be chartered to SK Shipping.
Key clients
Curious Partners, Korea Development Bank.
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 area. 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 including Indonesia, Myanmar, Laos and Vietnam.
Client feedback
“Professional with good communication skills.” – Media and entertainment
Moonhee Kim
“She is professional in the media and entertainment field.”
Work highlights
Advised Mirae Asset Securities on the financing of a buyer’s acquisition of land and building located in Seongdong-gu, Seoul.
Advised Korea Development Bank, Kyobo Life Insurance and Woori Bank on the financing for the acquisition of South Cheongna Smart Logistics Center by Koramco Energy Plus Real Estate Investment Trust.
Advised NH Investment & Securities on the financing for the urban renewal type redevelopment of Supyo zone located in Jung-gu, Seoul.
Key clients
BNK Securities, Hana Securities, KB Securities, Korea Real Estate Investment Trust, Meritz Securities.
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, peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s aviation and shopping pillar gained two additional lawyers from peer firms, while the banking and finance team was boosted by three. In 2022, the firm’s dispute resolution practice and IP practice witnessed the addition of 18 and five new hires, respectively. Regrettably for the firm’s energy practice, three practitioners departed to Shim & Kim in 2023.
Client feedback
“They have strong internal teams consisting of various experts, including non-attorneys. Together with these strong internal teams, the attorneys provide practical advice. Overall, their work quality is excellent compared to other top-tier law firms in Korea.” – Banking and finance
“They not only know the substance but are also able to provide strategic guidance to help navigate the most challenging legal issues.” – Competition/antitrust
“Kim & Chang views the works and projects in detail but also overall, and presents issues and solutions before the client realises there could be a problem.” – Corporate and M&A
“Cutting-edge expertise and vast experience in M&A.” – Corporate and M&A
“The firm has great expertise in all legal areas and full resources to support clients.” – Corporate and M&A
“Accurate analysis of applicable local laws and practical advising on drafting a deal structure.” – Corporate and M&A
“They are brilliant communicators and can handle very difficult personalities diplomatically and with great charm. Their legal advice is strong and they are well organised and able to get through large volumes of work against tight deadlines.” – Dispute resolution
“Kim and Chang lawyers are professional, ethical and very smart. They quickly grasped detailed technical positions and smoothly integrated our technical analysis into legal briefs and presentations. I had confidence from the beginning that Kim and Chang was interested in seeing justice done more than in 'just winning'. On this point, they never wavered.” – Dispute resolution
“They have provided legal analysis thoroughly and timely, and coped with hearings well. They have communicated with our client from time to time to deliver and discuss implications and next steps.” – Dispute resolution
“One-stop shop – expertise in all aspects of law, and understanding the client's needs.” – Energy
“The offshore wind farm development project involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Energy
“The firm conducted due diligence well and provided advice on what needed to be checked and repaired for the upcoming deal. Throughout the process, they provided us with relevant and convincing materials, which made negotiations with the buyer easier for me.” – Infrastructure
“Expertise on the insurance sector, and good communication with local regulators.” – Insurance
“Kim & Chang was able to win the lawsuit with perfect legal reasoning and relentless diligence.” – Insurance
“Professional service with strong team members.” – Intellectual property
“Very professional.” – Intellectual property
“They do everything extremely well, in a cost-efficient manner. They have their usual personnel working on matters, and bring in additional expertise as needed to address the current issues.” – Intellectual property
“Very strategic and practical, obtaining excellent results.” – Intellectual property
“A truly international approach, a team of highly knowledgeable and responsive lawyers.” – Intellectual property
“Kim & Chang's lawyers and patent attorneys are highly skilled and have the best teamwork. With Kim & Chang, no matter the day or time, the responsiveness is great, and they never fail to provide immediate, in-depth analysis. They also knew exactly what we needed and went beyond what we asked for. Further, the team provided tech intelligence advice using their IP and tech data analysis, which helped our firm’s successful investment in the related technology.” – Intellectual property
“It is amiable and professional. Also, it is good at patent invalidation trials.” – Intellectual property
“They have a deep knowledge of the local patent law and practice and can provide advice even in the most complicated situations – they have a team of lawyers who can provide legal assistance in litigations and also expertise in regulatory matters – so covering almost all topics of interest for the pharmaceutical industry.” – Intellectual property
“Very competent and reliable advice.” – Intellectual property
“Kim & Chang successfully collated various data such as academic papers and financial information utilising patent data as a key input. The outcome provided integrated insight with a patent-based perspective on their industry and competitors.” – Intellectual property
“Professional but agile and adaptive advice and services. The team moves with urgency. Knows what is important and really strives to act on behalf of the client on various cases.” – Intellectual property
“The firm provided a well-balanced view and practical solution. They are the experts on Korean laws and Korean courts cases.” – Labour and employment
“Kim & Chang did a wonderful job defending Google before multiple regulators on our employment decisions.” – Labour and employment
“As we don't have global employment law team members based in South Korea, Kim & Chang are advising us on an ongoing basis. They are super-responsive, provide clear and pragmatic advice, great English and communication skills and also know and share relevant local practice as needed.” – Labour and employment
“Kim and Chang act as a trusted adviser. They understand our business and its associated values which underpin decision-making on labour and employment matters. They partner with us to discuss and strategise issues and adopt a commercially practical approach. They are responsive, often being available at short notice, and have unrivalled depth of experience in their team in the labour and employment space.” – Labour and employment
“Responsiveness, promptness, professionalism. Details.” – Labour and employment
“Professional team members including lawyers, tax lawyers, patent and trademark attorneys and accountants work in close coordination with each other.” – Private equity
“Most comprehensive services customised for M&A with breadth and depth of legal advice unparalleled in the market.” – Private equity
“Identified key regulation issues and mitigated several legal risk factors so that we could make improvements on the deals and eventually completed them.” – Private equity
“Even when we ask for very tight deadlines, Kim & Chang gets things done on time.” – Real estate
“Kim & Chang's professional assets and infrastructures.” – Regulatory
“The offshore wind farm complex development project at issues involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Regulatory
“They fully understand the legal and factual issues and suggest legally persuasive explanations to a court.” – Regulatory
“They very well understand the core issue and provide pragmatic solutions with accuracy and detail.” – Regulatory
“They are very professional.” – Tax
“We will continue to believe in their capabilities and will continue to strengthen our partnership." – Tax
“Understanding the arguments that can be made in defence of the company, and being willing to do so despite an aggressive government investigatory approach. Excellent English skills were instrumental, and their sense of urgency was key.” – Tax
“Kim & Chang is very responsive and understands the company’s needs and goals. Kim & Chang has a well-established group of attorneys and other professionals to manage relations with taxing authorities.” – Tax
“Kim & Chang boasted a team of highly skilled legal specialists proficient in various fields, enabling them to handle a diverse array of issues. Notably, the key counterpart attorneys representing our company were not only trustworthy but also proactive experts in their respective domains.” – Tax
“The first insight is to have a broad perspective on the case. It involves considering the potential impact of the case on the company in the future and exploring solutions from an overall standpoint.” – Tax
“Thoughtful, thorough and responsive.” – Tax
“Kim & Chang is unique in its position that it can support the client throughout different phases of business, from planning (by giving opinions) to implementation (by supporting APA) to tax office level audit (by assisting tax audit and MAP) and to court level audit (by defending the client at court). This enables the efficient retention of historical information and application of a consistent tax position. Simultaneously, Kim & Chang can provide a holistic review from non-tax angles, such as reporting obligations based on other laws. This helps the client to be ready for unforeseen legal obligations.” – Tax
Jay Kim
“Good communication skills and strategic advice. Jay is one of the best client managers I have ever known.”
In Hwan Kim
“Very professional.”
“In Hwan is totally invested in providing the best legal and business advice possible, regardless of the matter. He is extremely knowledgeable, and adds team members as needed. Our matter was and still is the first and only case to successfully recapture the price reduction of an original drug after generic entry.”
Daniel Kim
“Very competent, clear and reliable advice.”
Wan Suk Kim
“He gives quick and straightforward answers.”
John Kwak
“Knowledgeable and responsive.”
Kyung Yul Lee
“He understands the legal and political landscape very well and is able to provide effective guidance. He is always willing to make the extra effort to ensure that his and his team's advice is helpful.”
Min-Ho Lee
“Provides a solution based on an in-depth knowledge of the customer through excellent communication.”
Chunsoo Lee
“He showed practical and professional advice, good teamwork and problem-solving skills.”
Hyo Je Lee
“He is a very brilliant lawyer with a brilliant career, but he is also very honest and humble.”
Jongmin Lee
“Full engagement with the legal process, and very good experience and knowledge of IP and information security affairs.”
Yoonchang (Marcus) Lee
“He is smart and benevolent. He communicates well with the clients. Also, he is good at patent trials/lawsuits.”
Hwan Beom Lee
“Very responsive and swift action, pragmatic approach. He is very speedy and strategic.”
Shin Kwon Lim
“He is very thorough and has high knowledge and experience in the area.”
“A brilliant legal mind, Shin Kwon is also very efficient and responsive, which makes him an ideal counsel for complex M&A transactions.”
“He suggested acceptable solutions whenever I encountered unexpected problems, which was very valuable.”
Tae-Yeon Nam
“Very professional and shows depth of knowledge.”
Min-Young Oh
“Wide spectrum of knowledge spanning many fields, and understands the client's needs.”
Joon Hwan Park
“As a senior attorney in the maritime and energy fields, I understand Joonhwan has considerable experience and knowledge in the relevant field. He is very efficient and helpful in addressing licensing issues and is capable of handling work in the most proper and efficient manner. His communication skills are excellent in that he truly understands clients’ needs.”
Jong Hyun Park
“Great assessment of situation and potential risks; proactive and creative problem-solving; and willingness to go out of his way to find a solution in all situations.”
Jae Suk Park
“Provides solutions based on an in-depth knowledge of the customer's needs through excellent communication, with integrity, accountability and a commitment to ethics, while demonstrating resilience and enthusiasm.”
“Jae Suk Park, who is our business partner, prepared a well-organised ACVA filing strategy. It aligned well with the latest practice and trend. He and his team are highly qualified to achieve what the client wants.”
Soyun Park
“She is an incredibly talented and proactive tax specialist who possesses a friendly demeanour. Furthermore, she has a customer-centric mindset, always anticipating the potential needs of clients and proactively addressing hidden risks in advance. Without a doubt, she is one of the finest lawyers I have ever worked.”
Joel Richardson
“He has great communication skills (orally and in writing). He thinks very rapidly in a courtroom environment. He is very ethical. He has an excellent personality. He treats his co-workers with great respect. He does not take contrary opinions personally.”
“Excellent communication and legal knowledge, applying strategic thinking and responsiveness.”
“Partner Joel Richardson and his team are amazing. They know the law, the market, and are quick learners about the technology. They exhibit excellent judgement – prudent but not overly risk averse.”
Yoon Sang Sim
“Reliability and high level of expertise.”
“Yoon Sang is very responsive and provides concise and practical advice. Yong Sang effectively leads other attorneys and professionals.”
Bumkyu Sung
“Provides professional and practical advice with a very responsive and timely manner, demonstrating a deep understanding of the finance industry.”
Work highlights
Acted for KB Securities on the financing for the acquisition of four drill ships constructed by Samsung Heavy Industries. This particular deal holds significance as it marks the first instance where drill ships under construction were registered for financing purposes. Prior to this transaction, there was uncertainty surrounding the registration and enforcement of mortgages on drill ships, especially before their construction was completed.
Acted for the Export-Import Bank of Korea on the financing of four LNG vessels under French tax lease. This deal was complex in that it involved the French tax lease structure and also scheduled accession after closing for certain portions of loans.
Key clients
BoComm Leasing, Brookfield Asset Management, Samsung Asset Management
An undisputed premier firm, Lee & Ko holds steady in the rankings as a fool-proof 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 developments in the last 12 months include the departure of banking and finance partner HK (Helen) Sohn to Yoon & Yang. On the other hand, the firm’s capital markets practice welcomed Taekyoung Kwon and Dajeong Kim as partners. Furthermore, Sujin Jun joined the firm’s antitrust/competition team from the Seoul High Court, while Young Jin Kim joined the labour and employment practice after serving as a judge in the Seoul District Court, Seoul High Court, and ultimately the Korean Supreme Court. The firm’s corporate and M&A team has also been expanding over the past year, with five new partners on board. Its dispute resolution team also welcomed 11 new partners.
Client feedback
“Lee & Ko is able to understand the intricacies of air mileage system. There was little precedent for examination of air mileage, but Lee & Ko was able to develop a comprehensive argument using similar cases as the basis.” – Aviation
“Lee & Ko’s client service is unsurpassed. Considering the stakes, I make frequent requests, require detailed explanations to questions and at times probably ask more of Lee & Ko than other clients, but Lee & Ko always responds promptly and provides detailed answers that not only take into account our commercial interests, but our legal fees as well. If you are looking for the highest quality service with the best value, I could not recommend any other firm.” – Competition/antitrust
“The attorneys at Lee & Ko are very professional and devoted. Their fee charge is reasonable.” – Competition/antitrust
"They are professional and dedicated to their clients. They have demonstrated excellent practice." – Competition/antitrust
“They are loyal to our company and do the best for the client's needs.” – Corporate and M&A
“Dedicated team with the most professional and in-depth legal service.” – Corporate and M&A
“Lee & Ko provides excellent service in an efficient manner.” – Corporate and M&A
"Lee & Ko provided timely and necessary advisory opinions based on extensive legal knowledge and experience.” – Corporate and M&A
"The firm demonstrates a careful and serious approach to their work. They have a strong ability to identify and address issues, while also excelling in interpreting the specific needs of their clients.” – Corporate and M&A
“Provides timely and accurate information needed for decision-making.” – Corporate and M&A
“Very effective arbitration counsel. They are thorough, tenacious and collegial. One of the best in South Korea by far.” – Dispute resolution
“Lee & Ko has separate teams for each problem field, so it is always possible to respond in all directions as it reacts quickly to advice and shares intellectual experience in each field.” – Dispute resolution
“They are loyal to the client, experienced and cost-efficient.” – Insurance
“They try to provide specific answers on the client's question.” – Insurance
“Lee & Ko in South Korea has been faithfully responding to lawsuits by understanding the issues that customers need to respond to and supporting them with sufficient evidence.” – Labour and employment
“Professional in both jurisdictions in South Korea, the US and Europe. We had local law firms in the target countries but Lee & Ko have had good communication and cooperation with the firms and their professionals.” – Real estate
“They provide detailed and helpful advice.” – Shipping
“The provision of useful information and active customer care.” – Tax
Seungwan Hahm
“Based on our professional legal knowledge, he presents a feasible plan along with detailed explanations.”
Jong Youn Han
“Her leadership, strategy and thoughtful approach to each step of this case, from the investigation to the consent order, is one of the biggest factors in our successful thus far. She provides us with a variety of strategies and alternative courses of action, which is crucial as we have experienced a number of hurdles to overcome in reaching the consent order. Her oversight and strategic insight is unmatched. If you are looking for an answer to a question, you could consult a number of lawyers from top firms, but if you are looking for multiple strategic solutions to an issue based on your specific needs, I can recommend Jong Youn Han.”
Joo Hye Hong
“She has a high level of analysis and understanding of her case. Her oral arguments are always convincing and systematic.”
Jinyoung Jung
“Very knowledgeable and hard-working.”
Jang Hyun Ka
“He has deep knowledge and experience in antitrust law. He is exceptional at responding to government investigations and litigation.”
Sang Gon Kim
“Sang Gon possesses professional knowledge, a strong network, and effective customer management skills."
Miji Lee
“She explains very specifically and clearly to clients.”
“She enthusiastically answers everything.”
Ho Joon Moon
“The best lawyer I can rely on in the field of corporate M&A. He demonstrates deep knowledge and experience. He is extremely thoughtful and insightful. No other lawyer in Korea can match.”
“He is one of the most experienced corporate M&A lawyers in South Korea. He has deep understanding of complex legal issues, is very responsive and has a high commercial awareness with a client-service mindset.”
Jae Heon Park
“Very experienced.”
Ji Young Tae
“She is very responsive to the client’s needs. She provides practical and in-depth advice.”
Robert Wachter
“One of the best cross-examiners in Asia. He is also very good at framing his case in a simple and straightforward way.”
Dong Seok Woo
“Dongseok prioritises client responsibility, effective communication, and employs professionals with expertise in the real estate sector.”
Yang Ho Yoon
"He is highly experienced and focused when it comes to providing professional services. He also demonstrates a keen understanding of commercial aspects."
Work highlights
Advised Woori Bank, Samsung Securities, Kiwoom Securities and domestic financial institutions on financing for the acquisition Medit Corp by MBK Partners. This deal represents one of the largest private equity transactions in South Korea in 2022 and 2023.
Advised Kookmin Bank and domestic financial institutions on financing for Jeju Hanlim Offshore Wind Farm project. This project was meaningful as it financed Korea's largest offshore wind farm to date (100 MW) off Jeju Island. It was important as Korea Electric Power Corporation and its subsidiaries participated as majority shareholders, operations and maintenance contractor and power purchaser. The financing included multiple loan tranches to attract various financial institutions and accommodate residents potentially affected by the wind farm.
Key clients
BFCL, Hanwha Asset Management, NH Investment & Securities.
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 banking and finance team had three promotions in May 2023: Hee Young Park, Jaecheong Oh and Na Yu were promoted to partners. It also welcomed Ji Hoon Kim, Jongki Kim and Dong Jun Park as partners in 2022. The firm’s competition/antitrust team hired Seung Hyeon Sung from Yoon & Yang as a partner in May 2022. Eui-Rae Kim and Soon-Youl Kwon also joined as partners from Ministry of Justice and Seoul High Court, respectively. The firm’s M&A team lured Hyun Kim, Sang Min Lee and Yeon Woo Choi as partners from Lee & Ko in October 2022.
Work highlights
Advised Novelis on the amendment and effective refinancing of its existing credit agreements to increase the facility size, extending maturity by five years, adjusting interest rates and to reflect merger between Novelis and AV Metals pursuant to a Canadian court approval.
Acted for a group of lenders composed of Korea Investment & Securities, Woori Bank, KB Securities and financial institutions on the acquisition financing for DTR Automotive’s acquisition of Doosan Machine Tools from MBK Partners, a global PEF manager.
Key clients
Australia and New Zealand Banking Group, Banco Santander, ING Bank, Korea Trade Insurance Corporation (K-SURE)
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 more than 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. The labour and employment team welcomed Jahyeong Ku and Kwang Sun Lee from Jipyong as partners in February 2023.
Client feedback
"They were professional in legal due diligence, and their feedback was prompt and reliable." – Corporate and M&A
"They were professional and enthusiastic." – Insurance
"Firstly, Yulchon's approach to the case was admirable. Despite the challenging situation due to Smartscore's extensive preparation and lawsuit, Yulchon provided us with psychological stability by demonstrating their passion and preparedness for various scenarios. Secondly, and more importantly, their legal reasoning was solid. While proving that our applications and solutions did not copy theirs, Yulchon discovered numerous prior technologies in preparation for various claims. Building on this, they employed a strategy to refute their premise, asserting that the imitated technology itself lacked originality. To be honest, I was amazed when I received the preparation letter. I have worked on several cases with other law firms, but it's rare to find a flawless and logically sound document that considers all possible scenarios from the outset. This made a positive impression on the judge during the hearing (even though it was a provisional hearing) and instilled confidence in the case. In summary, the lawsuit strategy presented by Yulchon was creative yet well-founded, leading us in a positive direction. Additionally, they provided various examples to support their logic, demonstrating their passion for delving into even the minutest technological details. Consequently, they submitted a perfectly prepared document. Their professionalism and passionate attitude, two qualities we value in our lawyers, were evident." – Intellectual property
"Their ability to handle complex and sophisticated matters is truly commendable. They navigate intricate issues with finesse and expertise, unmatched by others. They consistently demonstrate exceptional skill, competence and strategic thinking in challenging scenarios. Their astute analysis, sharp problem-solving skills and comprehensive understanding of intricate matters are truly impressive. They exhibit a remarkable ability to unravel complex issues and propose innovative solutions. Their proficiency in handling intricate and sophisticated matters is exceptional, distinguishing them in their field. Additionally, they possess a diverse range of expertise and skills that span various areas, enabling them to approach projects from multiple angles. The team members demonstrate a profound understanding of their respective fields and showcase a broad knowledge base. Their collective capabilities and depth of knowledge enable them to effectively handle complex and multifaceted tasks. Furthermore, their seamless collaboration and leveraging of each other's strengths contribute to the team's overall effectiveness. In summary, their team's depth and breadth are truly impressive, positioning them as a formidable force in their field." – Intellectual property
Yun Heui Cho
“Lawyer Cho is a former judge, and he's good at pleading for the court to understand.”
Yong Whan Choi
“Mr. Choi is the best lawyer related to tax fields in Korea, and that is why we are now working with Yulchon. I believe that there is not any work without Mr. Choi. He is creative and knowledgeable with a professional attitude.”
Hee Woo Jo
“First, he quickly recognises what the client wants and needs and comes back unconditionally the next meeting. Thanks to this, I can proceed with the fast-paced case comfortably and entrust it. Also, he has a rare and perfect expertise in this area. In this field, the industry has changed and diversified so rapidly that it is very difficult to grasp the contents, and other lawyers only understand it by gathering and learning a lot of information, but he is already very familiar with this industry and knows all the latest technologies, laws, precedents and trends. That is why we could follow his lead, and move in the correct direction accordingly, because we could believe that he knew everything and was managing it, even if we didn't know everything.”
Jin Kook Lee
“His fast feedback and problem-solving ability made the project progress favourably for our company.”
Yong Min Lee
“He has consistently delivered exceptional legal services, demonstrating an unparalleled level of expertise. With a deep understanding of the law and an unwavering commitment to excellence, he has consistently achieved outstanding results for us. His meticulous approach to legal matters, combined with his strategic thinking and sharp analytical skills, has enabled him to navigate complex legal issues with precision and effectiveness. We can trust in his ability to provide comprehensive and tailored legal solutions that meet our specific needs.”
Hyun Hwa Shin
“Hyunhwa offers a customer-oriented service backed by a high level of understanding and expertise in the insurance industry.”
Kyung Ae Yoon
“As a former examiner at the Patent and Trademark Office, her patent analysis is accurate and fast.”
Work highlights
Acted as counsel for the guarantor in connection with the financing of the construction and procurement of associated equipment linked to the expansion of the H2 facility and the H3 facility each located in the manufacturing plant located in Hai Phong City, Vietnam. The borrower’s obligations under the finance documents were guaranteed by LG Display.
Advised Korea Development Bank on the project finance deal that grants a syndicate term loan facility to Korea Energy Terminal in connection with its Ulsan complex terminal port construction project, which is being carried out in Ulsan, Korea.
Advised IGIS Asset Management Company on the investment in a senior secured term loan in connection with Ulsan new container port project in Ulsan, South Korea.
Key clients
Hana Micron, Korea Trade Insurance Corporation (K-SURE), Mirae Asset Securities.
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 area. 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 including Indonesia, Myanmar, Laos and Vietnam.
Client feedback
“Professional with good communication skills.” – Media and entertainment
Moonhee Kim
“She is professional in the media and entertainment field.”
Work highlights
Advised STIC Investments on the reformation of its governance, listing on the Kospi market and exemption from public disclosure obligations by being recognised as a PEF-specialised business group.
Advised KB Securities, Shinhan Securities and W-Scope Chungju Plant (WCP), a secondary battery separator manufacturing company, on WCP’s listing on the Kosdaq market.
Advised Mirae Asset Securities and Yunsung F&C, a company manufacturing equipment for mixing raw materials used for secondary batteries, on Yunsung’s listing on the Kosdaq market.
Key clients
Korea Investment & Securities, Quality Reliability Technology, Top Material.
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, peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s aviation and shopping pillar gained two additional lawyers from peer firms, while the banking and finance team was boosted by three. In 2022, the firm’s dispute resolution practice and IP practice witnessed the addition of 18 and five new hires, respectively. Regrettably for the firm’s energy practice, three practitioners departed to Shim & Kim in 2023.
Client feedback
“They have strong internal teams consisting of various experts, including non-attorneys. Together with these strong internal teams, the attorneys provide practical advice. Overall, their work quality is excellent compared to other top-tier law firms in Korea.” – Banking and finance
“They not only know the substance but are also able to provide strategic guidance to help navigate the most challenging legal issues.” – Competition/antitrust
“Kim & Chang views the works and projects in detail but also overall, and presents issues and solutions before the client realises there could be a problem.” – Corporate and M&A
“Cutting-edge expertise and vast experience in M&A.” – Corporate and M&A
“The firm has great expertise in all legal areas and full resources to support clients.” – Corporate and M&A
“Accurate analysis of applicable local laws and practical advising on drafting a deal structure.” – Corporate and M&A
“They are brilliant communicators and can handle very difficult personalities diplomatically and with great charm. Their legal advice is strong and they are well organised and able to get through large volumes of work against tight deadlines.” – Dispute resolution
“Kim and Chang lawyers are professional, ethical and very smart. They quickly grasped detailed technical positions and smoothly integrated our technical analysis into legal briefs and presentations. I had confidence from the beginning that Kim and Chang was interested in seeing justice done more than in 'just winning'. On this point, they never wavered.” – Dispute resolution
“They have provided legal analysis thoroughly and timely, and coped with hearings well. They have communicated with our client from time to time to deliver and discuss implications and next steps.” – Dispute resolution
“One-stop shop – expertise in all aspects of law, and understanding the client's needs.” – Energy
“The offshore wind farm development project involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Energy
“The firm conducted due diligence well and provided advice on what needed to be checked and repaired for the upcoming deal. Throughout the process, they provided us with relevant and convincing materials, which made negotiations with the buyer easier for me.” – Infrastructure
“Expertise on the insurance sector, and good communication with local regulators.” – Insurance
“Kim & Chang was able to win the lawsuit with perfect legal reasoning and relentless diligence.” – Insurance
“Professional service with strong team members.” – Intellectual property
“Very professional.” – Intellectual property
“They do everything extremely well, in a cost-efficient manner. They have their usual personnel working on matters, and bring in additional expertise as needed to address the current issues.” – Intellectual property
“Very strategic and practical, obtaining excellent results.” – Intellectual property
“A truly international approach, a team of highly knowledgeable and responsive lawyers.” – Intellectual property
“Kim & Chang's lawyers and patent attorneys are highly skilled and have the best teamwork. With Kim & Chang, no matter the day or time, the responsiveness is great, and they never fail to provide immediate, in-depth analysis. They also knew exactly what we needed and went beyond what we asked for. Further, the team provided tech intelligence advice using their IP and tech data analysis, which helped our firm’s successful investment in the related technology.” – Intellectual property
“It is amiable and professional. Also, it is good at patent invalidation trials.” – Intellectual property
“They have a deep knowledge of the local patent law and practice and can provide advice even in the most complicated situations – they have a team of lawyers who can provide legal assistance in litigations and also expertise in regulatory matters – so covering almost all topics of interest for the pharmaceutical industry.” – Intellectual property
“Very competent and reliable advice.” – Intellectual property
“Kim & Chang successfully collated various data such as academic papers and financial information utilising patent data as a key input. The outcome provided integrated insight with a patent-based perspective on their industry and competitors.” – Intellectual property
“Professional but agile and adaptive advice and services. The team moves with urgency. Knows what is important and really strives to act on behalf of the client on various cases.” – Intellectual property
“The firm provided a well-balanced view and practical solution. They are the experts on Korean laws and Korean courts cases.” – Labour and employment
“Kim & Chang did a wonderful job defending Google before multiple regulators on our employment decisions.” – Labour and employment
“As we don't have global employment law team members based in South Korea, Kim & Chang are advising us on an ongoing basis. They are super-responsive, provide clear and pragmatic advice, great English and communication skills and also know and share relevant local practice as needed.” – Labour and employment
“Kim and Chang act as a trusted adviser. They understand our business and its associated values which underpin decision-making on labour and employment matters. They partner with us to discuss and strategise issues and adopt a commercially practical approach. They are responsive, often being available at short notice, and have unrivalled depth of experience in their team in the labour and employment space.” – Labour and employment
“Responsiveness, promptness, professionalism. Details.” – Labour and employment
“Professional team members including lawyers, tax lawyers, patent and trademark attorneys and accountants work in close coordination with each other.” – Private equity
“Most comprehensive services customised for M&A with breadth and depth of legal advice unparalleled in the market.” – Private equity
“Identified key regulation issues and mitigated several legal risk factors so that we could make improvements on the deals and eventually completed them.” – Private equity
“Even when we ask for very tight deadlines, Kim & Chang gets things done on time.” – Real estate
“Kim & Chang's professional assets and infrastructures.” – Regulatory
“The offshore wind farm complex development project at issues involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Regulatory
“They fully understand the legal and factual issues and suggest legally persuasive explanations to a court.” – Regulatory
“They very well understand the core issue and provide pragmatic solutions with accuracy and detail.” – Regulatory
“They are very professional.” – Tax
“We will continue to believe in their capabilities and will continue to strengthen our partnership." – Tax
“Understanding the arguments that can be made in defence of the company, and being willing to do so despite an aggressive government investigatory approach. Excellent English skills were instrumental, and their sense of urgency was key.” – Tax
“Kim & Chang is very responsive and understands the company’s needs and goals. Kim & Chang has a well-established group of attorneys and other professionals to manage relations with taxing authorities.” – Tax
“Kim & Chang boasted a team of highly skilled legal specialists proficient in various fields, enabling them to handle a diverse array of issues. Notably, the key counterpart attorneys representing our company were not only trustworthy but also proactive experts in their respective domains.” – Tax
“The first insight is to have a broad perspective on the case. It involves considering the potential impact of the case on the company in the future and exploring solutions from an overall standpoint.” – Tax
“Thoughtful, thorough and responsive.” – Tax
“Kim & Chang is unique in its position that it can support the client throughout different phases of business, from planning (by giving opinions) to implementation (by supporting APA) to tax office level audit (by assisting tax audit and MAP) and to court level audit (by defending the client at court). This enables the efficient retention of historical information and application of a consistent tax position. Simultaneously, Kim & Chang can provide a holistic review from non-tax angles, such as reporting obligations based on other laws. This helps the client to be ready for unforeseen legal obligations.” – Tax
Jay Kim
“Good communication skills and strategic advice. Jay is one of the best client managers I have ever known.”
In Hwan Kim
“Very professional.”
“In Hwan is totally invested in providing the best legal and business advice possible, regardless of the matter. He is extremely knowledgeable, and adds team members as needed. Our matter was and still is the first and only case to successfully recapture the price reduction of an original drug after generic entry.”
Daniel Kim
“Very competent, clear and reliable advice.”
Wan Suk Kim
“He gives quick and straightforward answers.”
John Kwak
“Knowledgeable and responsive.”
Kyung Yul Lee
“He understands the legal and political landscape very well and is able to provide effective guidance. He is always willing to make the extra effort to ensure that his and his team's advice is helpful.”
Min-Ho Lee
“Provides a solution based on an in-depth knowledge of the customer through excellent communication.”
Chunsoo Lee
“He showed practical and professional advice, good teamwork and problem-solving skills.”
Hyo Je Lee
“He is a very brilliant lawyer with a brilliant career, but he is also very honest and humble.”
Jongmin Lee
“Full engagement with the legal process, and very good experience and knowledge of IP and information security affairs.”
Yoonchang (Marcus) Lee
“He is smart and benevolent. He communicates well with the clients. Also, he is good at patent trials/lawsuits.”
Hwan Beom Lee
“Very responsive and swift action, pragmatic approach. He is very speedy and strategic.”
Shin Kwon Lim
“He is very thorough and has high knowledge and experience in the area.”
“A brilliant legal mind, Shin Kwon is also very efficient and responsive, which makes him an ideal counsel for complex M&A transactions.”
“He suggested acceptable solutions whenever I encountered unexpected problems, which was very valuable.”
Tae-Yeon Nam
“Very professional and shows depth of knowledge.”
Min-Young Oh
“Wide spectrum of knowledge spanning many fields, and understands the client's needs.”
Joon Hwan Park
“As a senior attorney in the maritime and energy fields, I understand Joonhwan has considerable experience and knowledge in the relevant field. He is very efficient and helpful in addressing licensing issues and is capable of handling work in the most proper and efficient manner. His communication skills are excellent in that he truly understands clients’ needs.”
Jong Hyun Park
“Great assessment of situation and potential risks; proactive and creative problem-solving; and willingness to go out of his way to find a solution in all situations.”
Jae Suk Park
“Provides solutions based on an in-depth knowledge of the customer's needs through excellent communication, with integrity, accountability and a commitment to ethics, while demonstrating resilience and enthusiasm.”
“Jae Suk Park, who is our business partner, prepared a well-organised ACVA filing strategy. It aligned well with the latest practice and trend. He and his team are highly qualified to achieve what the client wants.”
Soyun Park
“She is an incredibly talented and proactive tax specialist who possesses a friendly demeanour. Furthermore, she has a customer-centric mindset, always anticipating the potential needs of clients and proactively addressing hidden risks in advance. Without a doubt, she is one of the finest lawyers I have ever worked.”
Joel Richardson
“He has great communication skills (orally and in writing). He thinks very rapidly in a courtroom environment. He is very ethical. He has an excellent personality. He treats his co-workers with great respect. He does not take contrary opinions personally.”
“Excellent communication and legal knowledge, applying strategic thinking and responsiveness.”
“Partner Joel Richardson and his team are amazing. They know the law, the market, and are quick learners about the technology. They exhibit excellent judgement – prudent but not overly risk averse.”
Yoon Sang Sim
“Reliability and high level of expertise.”
“Yoon Sang is very responsive and provides concise and practical advice. Yong Sang effectively leads other attorneys and professionals.”
Bumkyu Sung
“Provides professional and practical advice with a very responsive and timely manner, demonstrating a deep understanding of the finance industry.”
Work highlights
Advised Korea Housing Finance Corporation on a series of transactions in connection with the establishment of the Global Covered Bond Programme and the issuance of covered bonds.
Advised Standard Chartered Bank Korea on its issuance of KRW-denominated Tier 2 subordinated capital securities.
Key clients
Citigroup Global Markets, Korea Western Power, Merrill Lynch International, Woori Bank.
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 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. The firm’s finance practice is further supported by partner Alex Lee, who is experienced in general banking, corporate matters and regulatory compliance.
Client feedback
“Always reliable and very prompt.” – Corporate and M&A
Youngju Kim
“Responsible and reliable.”
Work highlights
Advised KB Securities, MUFG Bank and Citibank Korea in relation to Hyundai Capital Services’ domestic issuance of W500 billion ($377 million) asset-backed securities based on the auto loan receivables.
Advised SK Securities, Sumitomo Mitsui Banking Corporation and MUFG Bank, Citibank Korea and Jeonbuk Bank in relation to KB Kookmin Card’s domestic issuance of W350 billion asset-backed securities based on the credit card receivables.
Key clients
KB Kookmin Card, Lotte Card, Shinhan Card
An undisputed premier firm, Lee & Ko holds steady in the rankings as a fool-proof 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 developments in the last 12 months include the departure of banking and finance partner HK (Helen) Sohn to Yoon & Yang. On the other hand, the firm’s capital markets practice welcomed Taekyoung Kwon and Dajeong Kim as partners. Furthermore, Sujin Jun joined the firm’s antitrust/competition team from the Seoul High Court, while Young Jin Kim joined the labour and employment practice after serving as a judge in the Seoul District Court, Seoul High Court, and ultimately the Korean Supreme Court. The firm’s corporate and M&A team has also been expanding over the past year, with five new partners on board. Its dispute resolution team also welcomed 11 new partners.
Client feedback
“Lee & Ko is able to understand the intricacies of air mileage system. There was little precedent for examination of air mileage, but Lee & Ko was able to develop a comprehensive argument using similar cases as the basis.” – Aviation
“Lee & Ko’s client service is unsurpassed. Considering the stakes, I make frequent requests, require detailed explanations to questions and at times probably ask more of Lee & Ko than other clients, but Lee & Ko always responds promptly and provides detailed answers that not only take into account our commercial interests, but our legal fees as well. If you are looking for the highest quality service with the best value, I could not recommend any other firm.” – Competition/antitrust
“The attorneys at Lee & Ko are very professional and devoted. Their fee charge is reasonable.” – Competition/antitrust
"They are professional and dedicated to their clients. They have demonstrated excellent practice." – Competition/antitrust
“They are loyal to our company and do the best for the client's needs.” – Corporate and M&A
“Dedicated team with the most professional and in-depth legal service.” – Corporate and M&A
“Lee & Ko provides excellent service in an efficient manner.” – Corporate and M&A
"Lee & Ko provided timely and necessary advisory opinions based on extensive legal knowledge and experience.” – Corporate and M&A
"The firm demonstrates a careful and serious approach to their work. They have a strong ability to identify and address issues, while also excelling in interpreting the specific needs of their clients.” – Corporate and M&A
“Provides timely and accurate information needed for decision-making.” – Corporate and M&A
“Very effective arbitration counsel. They are thorough, tenacious and collegial. One of the best in South Korea by far.” – Dispute resolution
“Lee & Ko has separate teams for each problem field, so it is always possible to respond in all directions as it reacts quickly to advice and shares intellectual experience in each field.” – Dispute resolution
“They are loyal to the client, experienced and cost-efficient.” – Insurance
“They try to provide specific answers on the client's question.” – Insurance
“Lee & Ko in South Korea has been faithfully responding to lawsuits by understanding the issues that customers need to respond to and supporting them with sufficient evidence.” – Labour and employment
“Professional in both jurisdictions in South Korea, the US and Europe. We had local law firms in the target countries but Lee & Ko have had good communication and cooperation with the firms and their professionals.” – Real estate
“They provide detailed and helpful advice.” – Shipping
“The provision of useful information and active customer care.” – Tax
Seungwan Hahm
“Based on our professional legal knowledge, he presents a feasible plan along with detailed explanations.”
Jong Youn Han
“Her leadership, strategy and thoughtful approach to each step of this case, from the investigation to the consent order, is one of the biggest factors in our successful thus far. She provides us with a variety of strategies and alternative courses of action, which is crucial as we have experienced a number of hurdles to overcome in reaching the consent order. Her oversight and strategic insight is unmatched. If you are looking for an answer to a question, you could consult a number of lawyers from top firms, but if you are looking for multiple strategic solutions to an issue based on your specific needs, I can recommend Jong Youn Han.”
Joo Hye Hong
“She has a high level of analysis and understanding of her case. Her oral arguments are always convincing and systematic.”
Jinyoung Jung
“Very knowledgeable and hard-working.”
Jang Hyun Ka
“He has deep knowledge and experience in antitrust law. He is exceptional at responding to government investigations and litigation.”
Sang Gon Kim
“Sang Gon possesses professional knowledge, a strong network, and effective customer management skills."
Miji Lee
“She explains very specifically and clearly to clients.”
“She enthusiastically answers everything.”
Ho Joon Moon
“The best lawyer I can rely on in the field of corporate M&A. He demonstrates deep knowledge and experience. He is extremely thoughtful and insightful. No other lawyer in Korea can match.”
“He is one of the most experienced corporate M&A lawyers in South Korea. He has deep understanding of complex legal issues, is very responsive and has a high commercial awareness with a client-service mindset.”
Jae Heon Park
“Very experienced.”
Ji Young Tae
“She is very responsive to the client’s needs. She provides practical and in-depth advice.”
Robert Wachter
“One of the best cross-examiners in Asia. He is also very good at framing his case in a simple and straightforward way.”
Dong Seok Woo
“Dongseok prioritises client responsibility, effective communication, and employs professionals with expertise in the real estate sector.”
Yang Ho Yoon
"He is highly experienced and focused when it comes to providing professional services. He also demonstrates a keen understanding of commercial aspects."
Work highlights
Advised Korea Development Bank on its issuance of approximately $2 billion global bonds.
Advised Meritz Securities on its execution of the investment agreement with Lotte E&C. This transaction involved a special purpose company (SPC) set up by various financial institutions injecting loans towards the SPC, which would then utilise the funds to purchase real estate project finance asset-backed commercial papers on favourable terms.
Key clients
Citigroup Global Markets, Kookmin Bank, POSCO.
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 banking and finance team had three promotions in May 2023: Hee Young Park, Jaecheong Oh and Na Yu were promoted to partners. It also welcomed Ji Hoon Kim, Jongki Kim and Dong Jun Park as partners in 2022. The firm’s competition/antitrust team hired Seung Hyeon Sung from Yoon & Yang as a partner in May 2022. Eui-Rae Kim and Soon-Youl Kwon also joined as partners from Ministry of Justice and Seoul High Court, respectively. The firm’s M&A team lured Hyun Kim, Sang Min Lee and Yeon Woo Choi as partners from Lee & Ko in October 2022.
Work highlights
Advised Koramco REITs Management & Trust on its IPO and listing on the Kospi market of the Korea Exchange.
Acted for Aspex Management, DST Global Services, Millennium Capital and Sequoia Capital on Kurly’s IPO and listing on the Kospi market of the Korea Exchange.
Acted for Korea Investment & Securities, Citigroup Global Markets Korea Securities, Credit Suisse Seoul Branch and Daishin Securities on Kakao Mobility’s IPO and listing on the Kospi market of the Korea Exchange.
Key clients
Heungkuk Life Insurance, KB Securities, Samsung SRA Asset Management.
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 capital markets team hired Jun (Joonho) Kim, HK (Helen) Sohn, Sung Jin Ro, W (Jason) Lee and Song Feng Hong as partners in 2022 and 2023.
Work highlights
Advised NH Investment & Securities, Korea Investment & Securities on Bionote’s IPO.
Advised Soosan Industry on its IPO. Soosan was one of only four companies that listed in 2022, and was the third largest company in terms of the amount of IPO procured.
Advised SungEel HiTech on its IPO on the Kosdaq.
Key clients
Hanwha Life Insurance, Soosan Industry, Export-Import Bank of Korea.
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 more than 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. The labour and employment team welcomed Jahyeong Ku and Kwang Sun Lee from Jipyong as partners in February 2023.
Client feedback
"They were professional in legal due diligence, and their feedback was prompt and reliable." – Corporate and M&A
"They were professional and enthusiastic." – Insurance
"Firstly, Yulchon's approach to the case was admirable. Despite the challenging situation due to Smartscore's extensive preparation and lawsuit, Yulchon provided us with psychological stability by demonstrating their passion and preparedness for various scenarios. Secondly, and more importantly, their legal reasoning was solid. While proving that our applications and solutions did not copy theirs, Yulchon discovered numerous prior technologies in preparation for various claims. Building on this, they employed a strategy to refute their premise, asserting that the imitated technology itself lacked originality. To be honest, I was amazed when I received the preparation letter. I have worked on several cases with other law firms, but it's rare to find a flawless and logically sound document that considers all possible scenarios from the outset. This made a positive impression on the judge during the hearing (even though it was a provisional hearing) and instilled confidence in the case. In summary, the lawsuit strategy presented by Yulchon was creative yet well-founded, leading us in a positive direction. Additionally, they provided various examples to support their logic, demonstrating their passion for delving into even the minutest technological details. Consequently, they submitted a perfectly prepared document. Their professionalism and passionate attitude, two qualities we value in our lawyers, were evident." – Intellectual property
"Their ability to handle complex and sophisticated matters is truly commendable. They navigate intricate issues with finesse and expertise, unmatched by others. They consistently demonstrate exceptional skill, competence and strategic thinking in challenging scenarios. Their astute analysis, sharp problem-solving skills and comprehensive understanding of intricate matters are truly impressive. They exhibit a remarkable ability to unravel complex issues and propose innovative solutions. Their proficiency in handling intricate and sophisticated matters is exceptional, distinguishing them in their field. Additionally, they possess a diverse range of expertise and skills that span various areas, enabling them to approach projects from multiple angles. The team members demonstrate a profound understanding of their respective fields and showcase a broad knowledge base. Their collective capabilities and depth of knowledge enable them to effectively handle complex and multifaceted tasks. Furthermore, their seamless collaboration and leveraging of each other's strengths contribute to the team's overall effectiveness. In summary, their team's depth and breadth are truly impressive, positioning them as a formidable force in their field." – Intellectual property
Yun Heui Cho
“Lawyer Cho is a former judge, and he's good at pleading for the court to understand.”
Yong Whan Choi
“Mr. Choi is the best lawyer related to tax fields in Korea, and that is why we are now working with Yulchon. I believe that there is not any work without Mr. Choi. He is creative and knowledgeable with a professional attitude.”
Hee Woo Jo
“First, he quickly recognises what the client wants and needs and comes back unconditionally the next meeting. Thanks to this, I can proceed with the fast-paced case comfortably and entrust it. Also, he has a rare and perfect expertise in this area. In this field, the industry has changed and diversified so rapidly that it is very difficult to grasp the contents, and other lawyers only understand it by gathering and learning a lot of information, but he is already very familiar with this industry and knows all the latest technologies, laws, precedents and trends. That is why we could follow his lead, and move in the correct direction accordingly, because we could believe that he knew everything and was managing it, even if we didn't know everything.”
Jin Kook Lee
“His fast feedback and problem-solving ability made the project progress favourably for our company.”
Yong Min Lee
“He has consistently delivered exceptional legal services, demonstrating an unparalleled level of expertise. With a deep understanding of the law and an unwavering commitment to excellence, he has consistently achieved outstanding results for us. His meticulous approach to legal matters, combined with his strategic thinking and sharp analytical skills, has enabled him to navigate complex legal issues with precision and effectiveness. We can trust in his ability to provide comprehensive and tailored legal solutions that meet our specific needs.”
Hyun Hwa Shin
“Hyunhwa offers a customer-oriented service backed by a high level of understanding and expertise in the insurance industry.”
Kyung Ae Yoon
“As a former examiner at the Patent and Trademark Office, her patent analysis is accurate and fast.”
Work highlights
Acted as Korean counsel to Hana Bank in connection with Hana Bank’s placement of medium term notes.
Advised Dominus Investment on its subscription of convertible bonds issued by Ace Technology, a Korean listed company specialising in manufacturing wireless radio equipment.
Successfully advised BMW Financial Services Korea, the German headquarters of BMW Group, on the transaction of issuing asset-backed securities in the Korean public offering market with automobile instalment loans as underlying assets.
Key clients
Daishin Private Equity, GS Caltex Corporation, KDB Capital, Korea Eximbank.
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 area. 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 including Indonesia, Myanmar, Laos and Vietnam.
Client feedback
“Professional with good communication skills.” – Media and entertainment
Moonhee Kim
“She is professional in the media and entertainment field.”
Work highlights
Represented a furniture company in a case involving alleged collusion of furniture companies and responded to the Korea Financial Telecommunications & Clearings Institute (KFTC)’s regulations and investigations by the prosecutors’ office.
Represented a leading electronics company in an investigation of unfair trade practices and the consent decree procedure initiated against a multinational high-tech company.
Represented Haitai Confectionery and Foods, a Korean ice cream manufacturing company, in responding to the KFTC’s regulations and administrative proceedings.
Key clients
Naver, SPC Samlip, Korea Fair Trade Commission
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, peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s aviation and shopping pillar gained two additional lawyers from peer firms, while the banking and finance team was boosted by three. In 2022, the firm’s dispute resolution practice and IP practice witnessed the addition of 18 and five new hires, respectively. Regrettably for the firm’s energy practice, three practitioners departed to Shim & Kim in 2023.
Client feedback
“They have strong internal teams consisting of various experts, including non-attorneys. Together with these strong internal teams, the attorneys provide practical advice. Overall, their work quality is excellent compared to other top-tier law firms in Korea.” – Banking and finance
“They not only know the substance but are also able to provide strategic guidance to help navigate the most challenging legal issues.” – Competition/antitrust
“Kim & Chang views the works and projects in detail but also overall, and presents issues and solutions before the client realises there could be a problem.” – Corporate and M&A
“Cutting-edge expertise and vast experience in M&A.” – Corporate and M&A
“The firm has great expertise in all legal areas and full resources to support clients.” – Corporate and M&A
“Accurate analysis of applicable local laws and practical advising on drafting a deal structure.” – Corporate and M&A
“They are brilliant communicators and can handle very difficult personalities diplomatically and with great charm. Their legal advice is strong and they are well organised and able to get through large volumes of work against tight deadlines.” – Dispute resolution
“Kim and Chang lawyers are professional, ethical and very smart. They quickly grasped detailed technical positions and smoothly integrated our technical analysis into legal briefs and presentations. I had confidence from the beginning that Kim and Chang was interested in seeing justice done more than in 'just winning'. On this point, they never wavered.” – Dispute resolution
“They have provided legal analysis thoroughly and timely, and coped with hearings well. They have communicated with our client from time to time to deliver and discuss implications and next steps.” – Dispute resolution
“One-stop shop – expertise in all aspects of law, and understanding the client's needs.” – Energy
“The offshore wind farm development project involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Energy
“The firm conducted due diligence well and provided advice on what needed to be checked and repaired for the upcoming deal. Throughout the process, they provided us with relevant and convincing materials, which made negotiations with the buyer easier for me.” – Infrastructure
“Expertise on the insurance sector, and good communication with local regulators.” – Insurance
“Kim & Chang was able to win the lawsuit with perfect legal reasoning and relentless diligence.” – Insurance
“Professional service with strong team members.” – Intellectual property
“Very professional.” – Intellectual property
“They do everything extremely well, in a cost-efficient manner. They have their usual personnel working on matters, and bring in additional expertise as needed to address the current issues.” – Intellectual property
“Very strategic and practical, obtaining excellent results.” – Intellectual property
“A truly international approach, a team of highly knowledgeable and responsive lawyers.” – Intellectual property
“Kim & Chang's lawyers and patent attorneys are highly skilled and have the best teamwork. With Kim & Chang, no matter the day or time, the responsiveness is great, and they never fail to provide immediate, in-depth analysis. They also knew exactly what we needed and went beyond what we asked for. Further, the team provided tech intelligence advice using their IP and tech data analysis, which helped our firm’s successful investment in the related technology.” – Intellectual property
“It is amiable and professional. Also, it is good at patent invalidation trials.” – Intellectual property
“They have a deep knowledge of the local patent law and practice and can provide advice even in the most complicated situations – they have a team of lawyers who can provide legal assistance in litigations and also expertise in regulatory matters – so covering almost all topics of interest for the pharmaceutical industry.” – Intellectual property
“Very competent and reliable advice.” – Intellectual property
“Kim & Chang successfully collated various data such as academic papers and financial information utilising patent data as a key input. The outcome provided integrated insight with a patent-based perspective on their industry and competitors.” – Intellectual property
“Professional but agile and adaptive advice and services. The team moves with urgency. Knows what is important and really strives to act on behalf of the client on various cases.” – Intellectual property
“The firm provided a well-balanced view and practical solution. They are the experts on Korean laws and Korean courts cases.” – Labour and employment
“Kim & Chang did a wonderful job defending Google before multiple regulators on our employment decisions.” – Labour and employment
“As we don't have global employment law team members based in South Korea, Kim & Chang are advising us on an ongoing basis. They are super-responsive, provide clear and pragmatic advice, great English and communication skills and also know and share relevant local practice as needed.” – Labour and employment
“Kim and Chang act as a trusted adviser. They understand our business and its associated values which underpin decision-making on labour and employment matters. They partner with us to discuss and strategise issues and adopt a commercially practical approach. They are responsive, often being available at short notice, and have unrivalled depth of experience in their team in the labour and employment space.” – Labour and employment
“Responsiveness, promptness, professionalism. Details.” – Labour and employment
“Professional team members including lawyers, tax lawyers, patent and trademark attorneys and accountants work in close coordination with each other.” – Private equity
“Most comprehensive services customised for M&A with breadth and depth of legal advice unparalleled in the market.” – Private equity
“Identified key regulation issues and mitigated several legal risk factors so that we could make improvements on the deals and eventually completed them.” – Private equity
“Even when we ask for very tight deadlines, Kim & Chang gets things done on time.” – Real estate
“Kim & Chang's professional assets and infrastructures.” – Regulatory
“The offshore wind farm complex development project at issues involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Regulatory
“They fully understand the legal and factual issues and suggest legally persuasive explanations to a court.” – Regulatory
“They very well understand the core issue and provide pragmatic solutions with accuracy and detail.” – Regulatory
“They are very professional.” – Tax
“We will continue to believe in their capabilities and will continue to strengthen our partnership." – Tax
“Understanding the arguments that can be made in defence of the company, and being willing to do so despite an aggressive government investigatory approach. Excellent English skills were instrumental, and their sense of urgency was key.” – Tax
“Kim & Chang is very responsive and understands the company’s needs and goals. Kim & Chang has a well-established group of attorneys and other professionals to manage relations with taxing authorities.” – Tax
“Kim & Chang boasted a team of highly skilled legal specialists proficient in various fields, enabling them to handle a diverse array of issues. Notably, the key counterpart attorneys representing our company were not only trustworthy but also proactive experts in their respective domains.” – Tax
“The first insight is to have a broad perspective on the case. It involves considering the potential impact of the case on the company in the future and exploring solutions from an overall standpoint.” – Tax
“Thoughtful, thorough and responsive.” – Tax
“Kim & Chang is unique in its position that it can support the client throughout different phases of business, from planning (by giving opinions) to implementation (by supporting APA) to tax office level audit (by assisting tax audit and MAP) and to court level audit (by defending the client at court). This enables the efficient retention of historical information and application of a consistent tax position. Simultaneously, Kim & Chang can provide a holistic review from non-tax angles, such as reporting obligations based on other laws. This helps the client to be ready for unforeseen legal obligations.” – Tax
Jay Kim
“Good communication skills and strategic advice. Jay is one of the best client managers I have ever known.”
In Hwan Kim
“Very professional.”
“In Hwan is totally invested in providing the best legal and business advice possible, regardless of the matter. He is extremely knowledgeable, and adds team members as needed. Our matter was and still is the first and only case to successfully recapture the price reduction of an original drug after generic entry.”
Daniel Kim
“Very competent, clear and reliable advice.”
Wan Suk Kim
“He gives quick and straightforward answers.”
John Kwak
“Knowledgeable and responsive.”
Kyung Yul Lee
“He understands the legal and political landscape very well and is able to provide effective guidance. He is always willing to make the extra effort to ensure that his and his team's advice is helpful.”
Min-Ho Lee
“Provides a solution based on an in-depth knowledge of the customer through excellent communication.”
Chunsoo Lee
“He showed practical and professional advice, good teamwork and problem-solving skills.”
Hyo Je Lee
“He is a very brilliant lawyer with a brilliant career, but he is also very honest and humble.”
Jongmin Lee
“Full engagement with the legal process, and very good experience and knowledge of IP and information security affairs.”
Yoonchang (Marcus) Lee
“He is smart and benevolent. He communicates well with the clients. Also, he is good at patent trials/lawsuits.”
Hwan Beom Lee
“Very responsive and swift action, pragmatic approach. He is very speedy and strategic.”
Shin Kwon Lim
“He is very thorough and has high knowledge and experience in the area.”
“A brilliant legal mind, Shin Kwon is also very efficient and responsive, which makes him an ideal counsel for complex M&A transactions.”
“He suggested acceptable solutions whenever I encountered unexpected problems, which was very valuable.”
Tae-Yeon Nam
“Very professional and shows depth of knowledge.”
Min-Young Oh
“Wide spectrum of knowledge spanning many fields, and understands the client's needs.”
Joon Hwan Park
“As a senior attorney in the maritime and energy fields, I understand Joonhwan has considerable experience and knowledge in the relevant field. He is very efficient and helpful in addressing licensing issues and is capable of handling work in the most proper and efficient manner. His communication skills are excellent in that he truly understands clients’ needs.”
Jong Hyun Park
“Great assessment of situation and potential risks; proactive and creative problem-solving; and willingness to go out of his way to find a solution in all situations.”
Jae Suk Park
“Provides solutions based on an in-depth knowledge of the customer's needs through excellent communication, with integrity, accountability and a commitment to ethics, while demonstrating resilience and enthusiasm.”
“Jae Suk Park, who is our business partner, prepared a well-organised ACVA filing strategy. It aligned well with the latest practice and trend. He and his team are highly qualified to achieve what the client wants.”
Soyun Park
“She is an incredibly talented and proactive tax specialist who possesses a friendly demeanour. Furthermore, she has a customer-centric mindset, always anticipating the potential needs of clients and proactively addressing hidden risks in advance. Without a doubt, she is one of the finest lawyers I have ever worked.”
Joel Richardson
“He has great communication skills (orally and in writing). He thinks very rapidly in a courtroom environment. He is very ethical. He has an excellent personality. He treats his co-workers with great respect. He does not take contrary opinions personally.”
“Excellent communication and legal knowledge, applying strategic thinking and responsiveness.”
“Partner Joel Richardson and his team are amazing. They know the law, the market, and are quick learners about the technology. They exhibit excellent judgement – prudent but not overly risk averse.”
Yoon Sang Sim
“Reliability and high level of expertise.”
“Yoon Sang is very responsive and provides concise and practical advice. Yong Sang effectively leads other attorneys and professionals.”
Bumkyu Sung
“Provides professional and practical advice with a very responsive and timely manner, demonstrating a deep understanding of the finance industry.”
Work highlights
Represented Korean Air in a global merger filing for the acquisition of 63.9% of shares in Asiana Airlines. As a merger between two global network full-service carriers, the merger between Korean Air and Asiana Airlines involves a total of 89 overlapping routes, 65 of which are international routes, and the parties have filed for merger review in most of the countries where overlapping routes arise.
Representing a German automobile group in the Korea Financial Telecommunications & Clearings Institute (KFTC)’s investigation of alleged overseas cartel regarding certain R&D collaboration and joint legislative lobbying among the original equipment manufacturers (OEMs), where the KFTC is claiming its extraterritorial jurisdiction under the Monopoly Regulation and Fair Trade Act, Korea’s primary antitrust regulation. This unique case is the first international cartel case focused on R&D collaboration among foreign companies. It involves conflicting findings and conclusions of various agencies, highlighting the challenge of achieving global harmonisation in competition law enforcement.
Key clients
Booking.com, Samsung Biologics, SK Hynix.
An undisputed premier firm, Lee & Ko holds steady in the rankings as a fool-proof 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 developments in the last 12 months include the departure of banking and finance partner HK (Helen) Sohn to Yoon & Yang. On the other hand, the firm’s capital markets practice welcomed Taekyoung Kwon and Dajeong Kim as partners. Furthermore, Sujin Jun joined the firm’s antitrust/competition team from the Seoul High Court, while Young Jin Kim joined the labour and employment practice after serving as a judge in the Seoul District Court, Seoul High Court, and ultimately the Korean Supreme Court. The firm’s corporate and M&A team has also been expanding over the past year, with five new partners on board. Its dispute resolution team also welcomed 11 new partners.
Client feedback
“Lee & Ko is able to understand the intricacies of air mileage system. There was little precedent for examination of air mileage, but Lee & Ko was able to develop a comprehensive argument using similar cases as the basis.” – Aviation
“Lee & Ko’s client service is unsurpassed. Considering the stakes, I make frequent requests, require detailed explanations to questions and at times probably ask more of Lee & Ko than other clients, but Lee & Ko always responds promptly and provides detailed answers that not only take into account our commercial interests, but our legal fees as well. If you are looking for the highest quality service with the best value, I could not recommend any other firm.” – Competition/antitrust
“The attorneys at Lee & Ko are very professional and devoted. Their fee charge is reasonable.” – Competition/antitrust
"They are professional and dedicated to their clients. They have demonstrated excellent practice." – Competition/antitrust
“They are loyal to our company and do the best for the client's needs.” – Corporate and M&A
“Dedicated team with the most professional and in-depth legal service.” – Corporate and M&A
“Lee & Ko provides excellent service in an efficient manner.” – Corporate and M&A
"Lee & Ko provided timely and necessary advisory opinions based on extensive legal knowledge and experience.” – Corporate and M&A
"The firm demonstrates a careful and serious approach to their work. They have a strong ability to identify and address issues, while also excelling in interpreting the specific needs of their clients.” – Corporate and M&A
“Provides timely and accurate information needed for decision-making.” – Corporate and M&A
“Very effective arbitration counsel. They are thorough, tenacious and collegial. One of the best in South Korea by far.” – Dispute resolution
“Lee & Ko has separate teams for each problem field, so it is always possible to respond in all directions as it reacts quickly to advice and shares intellectual experience in each field.” – Dispute resolution
“They are loyal to the client, experienced and cost-efficient.” – Insurance
“They try to provide specific answers on the client's question.” – Insurance
“Lee & Ko in South Korea has been faithfully responding to lawsuits by understanding the issues that customers need to respond to and supporting them with sufficient evidence.” – Labour and employment
“Professional in both jurisdictions in South Korea, the US and Europe. We had local law firms in the target countries but Lee & Ko have had good communication and cooperation with the firms and their professionals.” – Real estate
“They provide detailed and helpful advice.” – Shipping
“The provision of useful information and active customer care.” – Tax
Seungwan Hahm
“Based on our professional legal knowledge, he presents a feasible plan along with detailed explanations.”
Jong Youn Han
“Her leadership, strategy and thoughtful approach to each step of this case, from the investigation to the consent order, is one of the biggest factors in our successful thus far. She provides us with a variety of strategies and alternative courses of action, which is crucial as we have experienced a number of hurdles to overcome in reaching the consent order. Her oversight and strategic insight is unmatched. If you are looking for an answer to a question, you could consult a number of lawyers from top firms, but if you are looking for multiple strategic solutions to an issue based on your specific needs, I can recommend Jong Youn Han.”
Joo Hye Hong
“She has a high level of analysis and understanding of her case. Her oral arguments are always convincing and systematic.”
Jinyoung Jung
“Very knowledgeable and hard-working.”
Jang Hyun Ka
“He has deep knowledge and experience in antitrust law. He is exceptional at responding to government investigations and litigation.”
Sang Gon Kim
“Sang Gon possesses professional knowledge, a strong network, and effective customer management skills."
Miji Lee
“She explains very specifically and clearly to clients.”
“She enthusiastically answers everything.”
Ho Joon Moon
“The best lawyer I can rely on in the field of corporate M&A. He demonstrates deep knowledge and experience. He is extremely thoughtful and insightful. No other lawyer in Korea can match.”
“He is one of the most experienced corporate M&A lawyers in South Korea. He has deep understanding of complex legal issues, is very responsive and has a high commercial awareness with a client-service mindset.”
Jae Heon Park
“Very experienced.”
Ji Young Tae
“She is very responsive to the client’s needs. She provides practical and in-depth advice.”
Robert Wachter
“One of the best cross-examiners in Asia. He is also very good at framing his case in a simple and straightforward way.”
Dong Seok Woo
“Dongseok prioritises client responsibility, effective communication, and employs professionals with expertise in the real estate sector.”
Yang Ho Yoon
"He is highly experienced and focused when it comes to providing professional services. He also demonstrates a keen understanding of commercial aspects."
Work highlights
Represented Alvogen after the Korea Financial Telecommunications & Clearings Institute (KFTC) commenced an investigation on the collusion between Alvogen and AstraZeneca Korea, alleging that Alvogen delayed the development of the generic versions of AstraZeneca’s original drugs in exchange for the exclusive distribution rights to DEX drugs in South Korea. The KFTC seldom investigates potential reverse payment agreements since a 2014 Supreme Court ruling. The Alvogen-AstraZeneca case is an rare exception where the KFTC imposed sanctions for an agreement similar to a reverse payment deal. An administrative lawsuit is expected which, if accepted by the Seoul High Court and Supreme Court, would set a precedent.
Key clients
Naver Corporation, Samsung Electronics, Saudi Aramco Development.
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 banking and finance team had three promotions in May 2023: Hee Young Park, Jaecheong Oh and Na Yu were promoted to partners. It also welcomed Ji Hoon Kim, Jongki Kim and Dong Jun Park as partners in 2022. The firm’s competition/antitrust team hired Seung Hyeon Sung from Yoon & Yang as a partner in May 2022. Eui-Rae Kim and Soon-Youl Kwon also joined as partners from Ministry of Justice and Seoul High Court, respectively. The firm’s M&A team lured Hyun Kim, Sang Min Lee and Yeon Woo Choi as partners from Lee & Ko in October 2022.
Work highlights
Acted as the legal counsel for Asiana Airlines on anticompetition matters arising from its share acquisition by Korean Air Lines. The transaction is a merger between the first and second-largest airlines in Korea, historically fierce competitors in a market with few other domestic players. By creating a near-monopoly across many routes, the deal has drawn global interest. The Korea Fair Trade Commission and US Department of Justice (DOJ) have requested further review. This is the first time the DOJ has asked for more review of a merger between two Korean companies.
Key clients
Koninklijke Philips, Qualcomm, SD Biosensor.
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 more than 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. The labour and employment team welcomed Jahyeong Ku and Kwang Sun Lee from Jipyong as partners in February 2023.
Client feedback
"They were professional in legal due diligence, and their feedback was prompt and reliable." – Corporate and M&A
"They were professional and enthusiastic." – Insurance
"Firstly, Yulchon's approach to the case was admirable. Despite the challenging situation due to Smartscore's extensive preparation and lawsuit, Yulchon provided us with psychological stability by demonstrating their passion and preparedness for various scenarios. Secondly, and more importantly, their legal reasoning was solid. While proving that our applications and solutions did not copy theirs, Yulchon discovered numerous prior technologies in preparation for various claims. Building on this, they employed a strategy to refute their premise, asserting that the imitated technology itself lacked originality. To be honest, I was amazed when I received the preparation letter. I have worked on several cases with other law firms, but it's rare to find a flawless and logically sound document that considers all possible scenarios from the outset. This made a positive impression on the judge during the hearing (even though it was a provisional hearing) and instilled confidence in the case. In summary, the lawsuit strategy presented by Yulchon was creative yet well-founded, leading us in a positive direction. Additionally, they provided various examples to support their logic, demonstrating their passion for delving into even the minutest technological details. Consequently, they submitted a perfectly prepared document. Their professionalism and passionate attitude, two qualities we value in our lawyers, were evident." – Intellectual property
"Their ability to handle complex and sophisticated matters is truly commendable. They navigate intricate issues with finesse and expertise, unmatched by others. They consistently demonstrate exceptional skill, competence and strategic thinking in challenging scenarios. Their astute analysis, sharp problem-solving skills and comprehensive understanding of intricate matters are truly impressive. They exhibit a remarkable ability to unravel complex issues and propose innovative solutions. Their proficiency in handling intricate and sophisticated matters is exceptional, distinguishing them in their field. Additionally, they possess a diverse range of expertise and skills that span various areas, enabling them to approach projects from multiple angles. The team members demonstrate a profound understanding of their respective fields and showcase a broad knowledge base. Their collective capabilities and depth of knowledge enable them to effectively handle complex and multifaceted tasks. Furthermore, their seamless collaboration and leveraging of each other's strengths contribute to the team's overall effectiveness. In summary, their team's depth and breadth are truly impressive, positioning them as a formidable force in their field." – Intellectual property
Yun Heui Cho
“Lawyer Cho is a former judge, and he's good at pleading for the court to understand.”
Yong Whan Choi
“Mr. Choi is the best lawyer related to tax fields in Korea, and that is why we are now working with Yulchon. I believe that there is not any work without Mr. Choi. He is creative and knowledgeable with a professional attitude.”
Hee Woo Jo
“First, he quickly recognises what the client wants and needs and comes back unconditionally the next meeting. Thanks to this, I can proceed with the fast-paced case comfortably and entrust it. Also, he has a rare and perfect expertise in this area. In this field, the industry has changed and diversified so rapidly that it is very difficult to grasp the contents, and other lawyers only understand it by gathering and learning a lot of information, but he is already very familiar with this industry and knows all the latest technologies, laws, precedents and trends. That is why we could follow his lead, and move in the correct direction accordingly, because we could believe that he knew everything and was managing it, even if we didn't know everything.”
Jin Kook Lee
“His fast feedback and problem-solving ability made the project progress favourably for our company.”
Yong Min Lee
“He has consistently delivered exceptional legal services, demonstrating an unparalleled level of expertise. With a deep understanding of the law and an unwavering commitment to excellence, he has consistently achieved outstanding results for us. His meticulous approach to legal matters, combined with his strategic thinking and sharp analytical skills, has enabled him to navigate complex legal issues with precision and effectiveness. We can trust in his ability to provide comprehensive and tailored legal solutions that meet our specific needs.”
Hyun Hwa Shin
“Hyunhwa offers a customer-oriented service backed by a high level of understanding and expertise in the insurance industry.”
Kyung Ae Yoon
“As a former examiner at the Patent and Trademark Office, her patent analysis is accurate and fast.”
Work highlights
Representing both Microsoft and Activision Blizzard as their jointly-retained Korean merger control counsel in Microsoft’s $70 billion acquisition of Activision Blizzard, a leading gaming company. The transaction will significantly grow Microsoft’s gaming business across mobile, PC, console and cloud, and also will provide building blocks for the metaverse. Upon closing, Microsoft will become the third-largest gaming company in the world, behind Tencent and Sony. This matter will test the US Federal Trade Commission and other like-minded antitrust agencies’ aggressive enforcement stance against Big Tech in vertical deals even when the target is not readily considered as a nascent technology company. It will also test the wisdom of relentless merger enforcement when the parties have already offered a viable remedy.
Key clients
Delta Air Lines, Evergreen Marine Corp (Taiwan), Qualcomm, VMware.
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, peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s aviation and shopping pillar gained two additional lawyers from peer firms, while the banking and finance team was boosted by three. In 2022, the firm’s dispute resolution practice and IP practice witnessed the addition of 18 and five new hires, respectively. Regrettably for the firm’s energy practice, three practitioners departed to Shim & Kim in 2023.
Client feedback
“They have strong internal teams consisting of various experts, including non-attorneys. Together with these strong internal teams, the attorneys provide practical advice. Overall, their work quality is excellent compared to other top-tier law firms in Korea.” – Banking and finance
“They not only know the substance but are also able to provide strategic guidance to help navigate the most challenging legal issues.” – Competition/antitrust
“Kim & Chang views the works and projects in detail but also overall, and presents issues and solutions before the client realises there could be a problem.” – Corporate and M&A
“Cutting-edge expertise and vast experience in M&A.” – Corporate and M&A
“The firm has great expertise in all legal areas and full resources to support clients.” – Corporate and M&A
“Accurate analysis of applicable local laws and practical advising on drafting a deal structure.” – Corporate and M&A
“They are brilliant communicators and can handle very difficult personalities diplomatically and with great charm. Their legal advice is strong and they are well organised and able to get through large volumes of work against tight deadlines.” – Dispute resolution
“Kim and Chang lawyers are professional, ethical and very smart. They quickly grasped detailed technical positions and smoothly integrated our technical analysis into legal briefs and presentations. I had confidence from the beginning that Kim and Chang was interested in seeing justice done more than in 'just winning'. On this point, they never wavered.” – Dispute resolution
“They have provided legal analysis thoroughly and timely, and coped with hearings well. They have communicated with our client from time to time to deliver and discuss implications and next steps.” – Dispute resolution
“One-stop shop – expertise in all aspects of law, and understanding the client's needs.” – Energy
“The offshore wind farm development project involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Energy
“The firm conducted due diligence well and provided advice on what needed to be checked and repaired for the upcoming deal. Throughout the process, they provided us with relevant and convincing materials, which made negotiations with the buyer easier for me.” – Infrastructure
“Expertise on the insurance sector, and good communication with local regulators.” – Insurance
“Kim & Chang was able to win the lawsuit with perfect legal reasoning and relentless diligence.” – Insurance
“Professional service with strong team members.” – Intellectual property
“Very professional.” – Intellectual property
“They do everything extremely well, in a cost-efficient manner. They have their usual personnel working on matters, and bring in additional expertise as needed to address the current issues.” – Intellectual property
“Very strategic and practical, obtaining excellent results.” – Intellectual property
“A truly international approach, a team of highly knowledgeable and responsive lawyers.” – Intellectual property
“Kim & Chang's lawyers and patent attorneys are highly skilled and have the best teamwork. With Kim & Chang, no matter the day or time, the responsiveness is great, and they never fail to provide immediate, in-depth analysis. They also knew exactly what we needed and went beyond what we asked for. Further, the team provided tech intelligence advice using their IP and tech data analysis, which helped our firm’s successful investment in the related technology.” – Intellectual property
“It is amiable and professional. Also, it is good at patent invalidation trials.” – Intellectual property
“They have a deep knowledge of the local patent law and practice and can provide advice even in the most complicated situations – they have a team of lawyers who can provide legal assistance in litigations and also expertise in regulatory matters – so covering almost all topics of interest for the pharmaceutical industry.” – Intellectual property
“Very competent and reliable advice.” – Intellectual property
“Kim & Chang successfully collated various data such as academic papers and financial information utilising patent data as a key input. The outcome provided integrated insight with a patent-based perspective on their industry and competitors.” – Intellectual property
“Professional but agile and adaptive advice and services. The team moves with urgency. Knows what is important and really strives to act on behalf of the client on various cases.” – Intellectual property
“The firm provided a well-balanced view and practical solution. They are the experts on Korean laws and Korean courts cases.” – Labour and employment
“Kim & Chang did a wonderful job defending Google before multiple regulators on our employment decisions.” – Labour and employment
“As we don't have global employment law team members based in South Korea, Kim & Chang are advising us on an ongoing basis. They are super-responsive, provide clear and pragmatic advice, great English and communication skills and also know and share relevant local practice as needed.” – Labour and employment
“Kim and Chang act as a trusted adviser. They understand our business and its associated values which underpin decision-making on labour and employment matters. They partner with us to discuss and strategise issues and adopt a commercially practical approach. They are responsive, often being available at short notice, and have unrivalled depth of experience in their team in the labour and employment space.” – Labour and employment
“Responsiveness, promptness, professionalism. Details.” – Labour and employment
“Professional team members including lawyers, tax lawyers, patent and trademark attorneys and accountants work in close coordination with each other.” – Private equity
“Most comprehensive services customised for M&A with breadth and depth of legal advice unparalleled in the market.” – Private equity
“Identified key regulation issues and mitigated several legal risk factors so that we could make improvements on the deals and eventually completed them.” – Private equity
“Even when we ask for very tight deadlines, Kim & Chang gets things done on time.” – Real estate
“Kim & Chang's professional assets and infrastructures.” – Regulatory
“The offshore wind farm complex development project at issues involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Regulatory
“They fully understand the legal and factual issues and suggest legally persuasive explanations to a court.” – Regulatory
“They very well understand the core issue and provide pragmatic solutions with accuracy and detail.” – Regulatory
“They are very professional.” – Tax
“We will continue to believe in their capabilities and will continue to strengthen our partnership." – Tax
“Understanding the arguments that can be made in defence of the company, and being willing to do so despite an aggressive government investigatory approach. Excellent English skills were instrumental, and their sense of urgency was key.” – Tax
“Kim & Chang is very responsive and understands the company’s needs and goals. Kim & Chang has a well-established group of attorneys and other professionals to manage relations with taxing authorities.” – Tax
“Kim & Chang boasted a team of highly skilled legal specialists proficient in various fields, enabling them to handle a diverse array of issues. Notably, the key counterpart attorneys representing our company were not only trustworthy but also proactive experts in their respective domains.” – Tax
“The first insight is to have a broad perspective on the case. It involves considering the potential impact of the case on the company in the future and exploring solutions from an overall standpoint.” – Tax
“Thoughtful, thorough and responsive.” – Tax
“Kim & Chang is unique in its position that it can support the client throughout different phases of business, from planning (by giving opinions) to implementation (by supporting APA) to tax office level audit (by assisting tax audit and MAP) and to court level audit (by defending the client at court). This enables the efficient retention of historical information and application of a consistent tax position. Simultaneously, Kim & Chang can provide a holistic review from non-tax angles, such as reporting obligations based on other laws. This helps the client to be ready for unforeseen legal obligations.” – Tax
Jay Kim
“Good communication skills and strategic advice. Jay is one of the best client managers I have ever known.”
In Hwan Kim
“Very professional.”
“In Hwan is totally invested in providing the best legal and business advice possible, regardless of the matter. He is extremely knowledgeable, and adds team members as needed. Our matter was and still is the first and only case to successfully recapture the price reduction of an original drug after generic entry.”
Daniel Kim
“Very competent, clear and reliable advice.”
Wan Suk Kim
“He gives quick and straightforward answers.”
John Kwak
“Knowledgeable and responsive.”
Kyung Yul Lee
“He understands the legal and political landscape very well and is able to provide effective guidance. He is always willing to make the extra effort to ensure that his and his team's advice is helpful.”
Min-Ho Lee
“Provides a solution based on an in-depth knowledge of the customer through excellent communication.”
Chunsoo Lee
“He showed practical and professional advice, good teamwork and problem-solving skills.”
Hyo Je Lee
“He is a very brilliant lawyer with a brilliant career, but he is also very honest and humble.”
Jongmin Lee
“Full engagement with the legal process, and very good experience and knowledge of IP and information security affairs.”
Yoonchang (Marcus) Lee
“He is smart and benevolent. He communicates well with the clients. Also, he is good at patent trials/lawsuits.”
Hwan Beom Lee
“Very responsive and swift action, pragmatic approach. He is very speedy and strategic.”
Shin Kwon Lim
“He is very thorough and has high knowledge and experience in the area.”
“A brilliant legal mind, Shin Kwon is also very efficient and responsive, which makes him an ideal counsel for complex M&A transactions.”
“He suggested acceptable solutions whenever I encountered unexpected problems, which was very valuable.”
Tae-Yeon Nam
“Very professional and shows depth of knowledge.”
Min-Young Oh
“Wide spectrum of knowledge spanning many fields, and understands the client's needs.”
Joon Hwan Park
“As a senior attorney in the maritime and energy fields, I understand Joonhwan has considerable experience and knowledge in the relevant field. He is very efficient and helpful in addressing licensing issues and is capable of handling work in the most proper and efficient manner. His communication skills are excellent in that he truly understands clients’ needs.”
Jong Hyun Park
“Great assessment of situation and potential risks; proactive and creative problem-solving; and willingness to go out of his way to find a solution in all situations.”
Jae Suk Park
“Provides solutions based on an in-depth knowledge of the customer's needs through excellent communication, with integrity, accountability and a commitment to ethics, while demonstrating resilience and enthusiasm.”
“Jae Suk Park, who is our business partner, prepared a well-organised ACVA filing strategy. It aligned well with the latest practice and trend. He and his team are highly qualified to achieve what the client wants.”
Soyun Park
“She is an incredibly talented and proactive tax specialist who possesses a friendly demeanour. Furthermore, she has a customer-centric mindset, always anticipating the potential needs of clients and proactively addressing hidden risks in advance. Without a doubt, she is one of the finest lawyers I have ever worked.”
Joel Richardson
“He has great communication skills (orally and in writing). He thinks very rapidly in a courtroom environment. He is very ethical. He has an excellent personality. He treats his co-workers with great respect. He does not take contrary opinions personally.”
“Excellent communication and legal knowledge, applying strategic thinking and responsiveness.”
“Partner Joel Richardson and his team are amazing. They know the law, the market, and are quick learners about the technology. They exhibit excellent judgement – prudent but not overly risk averse.”
Yoon Sang Sim
“Reliability and high level of expertise.”
“Yoon Sang is very responsive and provides concise and practical advice. Yong Sang effectively leads other attorneys and professionals.”
Bumkyu Sung
“Provides professional and practical advice with a very responsive and timely manner, demonstrating a deep understanding of the finance industry.”
Work highlights
Acted for Daewoo Engineering & Construction in defending against criminal charges including breach of trust, tax evasion and violation of the Act on External Audit of Stock Companies. The charges were related to off-balance sheet funds raised by Daewoo E&C, an issue commonly encountered by construction companies. The firm’s successful defence involved demonstrating that the funds were appropriately utilised and accounted for, and that there was no criminal intent involved. This outcome establishes an important precedent for similar cases and potential prosecutions in the future.
Key clients
GS Engineering & Construction, Korea District Heating Corporation, Samryoong, Saekyung Construction.
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 more than 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. The labour and employment team welcomed Jahyeong Ku and Kwang Sun Lee from Jipyong as partners in February 2023.
Client feedback
"They were professional in legal due diligence, and their feedback was prompt and reliable." – Corporate and M&A
"They were professional and enthusiastic." – Insurance
"Firstly, Yulchon's approach to the case was admirable. Despite the challenging situation due to Smartscore's extensive preparation and lawsuit, Yulchon provided us with psychological stability by demonstrating their passion and preparedness for various scenarios. Secondly, and more importantly, their legal reasoning was solid. While proving that our applications and solutions did not copy theirs, Yulchon discovered numerous prior technologies in preparation for various claims. Building on this, they employed a strategy to refute their premise, asserting that the imitated technology itself lacked originality. To be honest, I was amazed when I received the preparation letter. I have worked on several cases with other law firms, but it's rare to find a flawless and logically sound document that considers all possible scenarios from the outset. This made a positive impression on the judge during the hearing (even though it was a provisional hearing) and instilled confidence in the case. In summary, the lawsuit strategy presented by Yulchon was creative yet well-founded, leading us in a positive direction. Additionally, they provided various examples to support their logic, demonstrating their passion for delving into even the minutest technological details. Consequently, they submitted a perfectly prepared document. Their professionalism and passionate attitude, two qualities we value in our lawyers, were evident." – Intellectual property
"Their ability to handle complex and sophisticated matters is truly commendable. They navigate intricate issues with finesse and expertise, unmatched by others. They consistently demonstrate exceptional skill, competence and strategic thinking in challenging scenarios. Their astute analysis, sharp problem-solving skills and comprehensive understanding of intricate matters are truly impressive. They exhibit a remarkable ability to unravel complex issues and propose innovative solutions. Their proficiency in handling intricate and sophisticated matters is exceptional, distinguishing them in their field. Additionally, they possess a diverse range of expertise and skills that span various areas, enabling them to approach projects from multiple angles. The team members demonstrate a profound understanding of their respective fields and showcase a broad knowledge base. Their collective capabilities and depth of knowledge enable them to effectively handle complex and multifaceted tasks. Furthermore, their seamless collaboration and leveraging of each other's strengths contribute to the team's overall effectiveness. In summary, their team's depth and breadth are truly impressive, positioning them as a formidable force in their field." – Intellectual property
Yun Heui Cho
“Lawyer Cho is a former judge, and he's good at pleading for the court to understand.”
Yong Whan Choi
“Mr. Choi is the best lawyer related to tax fields in Korea, and that is why we are now working with Yulchon. I believe that there is not any work without Mr. Choi. He is creative and knowledgeable with a professional attitude.”
Hee Woo Jo
“First, he quickly recognises what the client wants and needs and comes back unconditionally the next meeting. Thanks to this, I can proceed with the fast-paced case comfortably and entrust it. Also, he has a rare and perfect expertise in this area. In this field, the industry has changed and diversified so rapidly that it is very difficult to grasp the contents, and other lawyers only understand it by gathering and learning a lot of information, but he is already very familiar with this industry and knows all the latest technologies, laws, precedents and trends. That is why we could follow his lead, and move in the correct direction accordingly, because we could believe that he knew everything and was managing it, even if we didn't know everything.”
Jin Kook Lee
“His fast feedback and problem-solving ability made the project progress favourably for our company.”
Yong Min Lee
“He has consistently delivered exceptional legal services, demonstrating an unparalleled level of expertise. With a deep understanding of the law and an unwavering commitment to excellence, he has consistently achieved outstanding results for us. His meticulous approach to legal matters, combined with his strategic thinking and sharp analytical skills, has enabled him to navigate complex legal issues with precision and effectiveness. We can trust in his ability to provide comprehensive and tailored legal solutions that meet our specific needs.”
Hyun Hwa Shin
“Hyunhwa offers a customer-oriented service backed by a high level of understanding and expertise in the insurance industry.”
Kyung Ae Yoon
“As a former examiner at the Patent and Trademark Office, her patent analysis is accurate and fast.”
Work highlights
Successfully advised Posco Wide on its acquisition of Jack Nicklaus Golf Club Korea (JNGCK), a membership golf club business located in Songdo, Incheon, from Songdo International City Development, and on the overall operation of JNGCK, including golf club member management and profitability. This golf course acquisition deal is the largest-ever transaction, worth over W16 billion ($12 million) per hole.
Successfully represented MBC in a lawsuit filed by Hyundai Development Company seeking the payment of construction costs for the construction of MBC’s new office building by obtaining a dismissal of over 90% of the claimed amount.
Key clients
Busan Port Authority, Hanyang Corporation, Hoban Construction.
DR & Aju is actively engaged in corporate and M&A matters, offering a range of legal services related to the establishment of domestic subsidiaries for foreign companies, joint ventures, branches and liaison offices, as well as handling foreign exchange transactions. The firm is known for providing legal advice in a prompt and professional manner, catering to various needs, including the establishment of venture companies or IT firms within the high-tech sector, as well as facilitating listings on the Korean Securities Dealers Automated Quotations (Kosdaq). The M&A practice is led by managing partner Dae Hui Kim, along with partners Kyeong Rok Jeong, Kyong Kook Kang and Jae Young Shin. Their collective experience and guidance contribute to the firm's M&A capabilities.
Work highlights
Advised Almac and AR Aluminum on the sale of old shares, issuance of new shares for paid-in capital increase, and issuance of convertible and corporate bonds.
Advised Seongjeong and Baekje Country Club, the former major shareholders and specially related parties of Eastar Jet, in selling Eastar Jet to Sky SPC, a special purpose company established by VIG Partners.
Key clients
IDO Accounting Firm, Korea Corporate Governance Improvement Fund, SMTech.
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 area. 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 including Indonesia, Myanmar, Laos and Vietnam.
Client feedback
“Professional with good communication skills.” – Media and entertainment
Moonhee Kim
“She is professional in the media and entertainment field.”
Work highlights
Advised Genemedicine on the execution of a joint research and development agreement with Celltrion for the anti-cancer virus platform technology for systemic administration.
Advised COMES2018-1 M&A Fund on its sale of M2i Corporation. M2i Corporation is the first listed company acquired by a venture investment fund, and the transaction drew attention from the market, with a large number of bidders participating in the bidding process.
Advised the existing shareholders of OK Meat on the sale of their shares to IGIS Asset Management and E-Mart.
Advised Hanil Holdings on its sale of shares in Hanil Networks, a company engaged in the call centre and IT service business for the Hanil Holdings Group, to Ubase.
Key clients
Eugene Sonic, Inhwa Precision, Junglim Architecture, Socius Capital
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 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. The firm’s finance practice is further supported by partner Alex Lee, who is experienced in general banking, corporate matters and regulatory compliance.
Client feedback
“Always reliable and very prompt.” – Corporate and M&A
Youngju Kim
“Responsible and reliable.”
Work highlights
Advised Welcome Capital Corporation on its acquisition of 100% of the existing shares of Asset One.
Advised a group of investors on their acquisition of new shares issued by Seoul Robotics, representing 13.3% of the total shares.
Advised a group of investors on their acquisition of redeemable convertible preferred shares, representing 6.1% of the total shares of Adaptive Plasma Technology Corp, from Adaptive Plasma Technology Corp.
An undisputed premier firm, Lee & Ko holds steady in the rankings as a fool-proof 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 developments in the last 12 months include the departure of banking and finance partner HK (Helen) Sohn to Yoon & Yang. On the other hand, the firm’s capital markets practice welcomed Taekyoung Kwon and Dajeong Kim as partners. Furthermore, Sujin Jun joined the firm’s antitrust/competition team from the Seoul High Court, while Young Jin Kim joined the labour and employment practice after serving as a judge in the Seoul District Court, Seoul High Court, and ultimately the Korean Supreme Court. The firm’s corporate and M&A team has also been expanding over the past year, with five new partners on board. Its dispute resolution team also welcomed 11 new partners.
Client feedback
“Lee & Ko is able to understand the intricacies of air mileage system. There was little precedent for examination of air mileage, but Lee & Ko was able to develop a comprehensive argument using similar cases as the basis.” – Aviation
“Lee & Ko’s client service is unsurpassed. Considering the stakes, I make frequent requests, require detailed explanations to questions and at times probably ask more of Lee & Ko than other clients, but Lee & Ko always responds promptly and provides detailed answers that not only take into account our commercial interests, but our legal fees as well. If you are looking for the highest quality service with the best value, I could not recommend any other firm.” – Competition/antitrust
“The attorneys at Lee & Ko are very professional and devoted. Their fee charge is reasonable.” – Competition/antitrust
"They are professional and dedicated to their clients. They have demonstrated excellent practice." – Competition/antitrust
“They are loyal to our company and do the best for the client's needs.” – Corporate and M&A
“Dedicated team with the most professional and in-depth legal service.” – Corporate and M&A
“Lee & Ko provides excellent service in an efficient manner.” – Corporate and M&A
"Lee & Ko provided timely and necessary advisory opinions based on extensive legal knowledge and experience.” – Corporate and M&A
"The firm demonstrates a careful and serious approach to their work. They have a strong ability to identify and address issues, while also excelling in interpreting the specific needs of their clients.” – Corporate and M&A
“Provides timely and accurate information needed for decision-making.” – Corporate and M&A
“Very effective arbitration counsel. They are thorough, tenacious and collegial. One of the best in South Korea by far.” – Dispute resolution
“Lee & Ko has separate teams for each problem field, so it is always possible to respond in all directions as it reacts quickly to advice and shares intellectual experience in each field.” – Dispute resolution
“They are loyal to the client, experienced and cost-efficient.” – Insurance
“They try to provide specific answers on the client's question.” – Insurance
“Lee & Ko in South Korea has been faithfully responding to lawsuits by understanding the issues that customers need to respond to and supporting them with sufficient evidence.” – Labour and employment
“Professional in both jurisdictions in South Korea, the US and Europe. We had local law firms in the target countries but Lee & Ko have had good communication and cooperation with the firms and their professionals.” – Real estate
“They provide detailed and helpful advice.” – Shipping
“The provision of useful information and active customer care.” – Tax
Seungwan Hahm
“Based on our professional legal knowledge, he presents a feasible plan along with detailed explanations.”
Jong Youn Han
“Her leadership, strategy and thoughtful approach to each step of this case, from the investigation to the consent order, is one of the biggest factors in our successful thus far. She provides us with a variety of strategies and alternative courses of action, which is crucial as we have experienced a number of hurdles to overcome in reaching the consent order. Her oversight and strategic insight is unmatched. If you are looking for an answer to a question, you could consult a number of lawyers from top firms, but if you are looking for multiple strategic solutions to an issue based on your specific needs, I can recommend Jong Youn Han.”
Joo Hye Hong
“She has a high level of analysis and understanding of her case. Her oral arguments are always convincing and systematic.”
Jinyoung Jung
“Very knowledgeable and hard-working.”
Jang Hyun Ka
“He has deep knowledge and experience in antitrust law. He is exceptional at responding to government investigations and litigation.”
Sang Gon Kim
“Sang Gon possesses professional knowledge, a strong network, and effective customer management skills."
Miji Lee
“She explains very specifically and clearly to clients.”
“She enthusiastically answers everything.”
Ho Joon Moon
“The best lawyer I can rely on in the field of corporate M&A. He demonstrates deep knowledge and experience. He is extremely thoughtful and insightful. No other lawyer in Korea can match.”
“He is one of the most experienced corporate M&A lawyers in South Korea. He has deep understanding of complex legal issues, is very responsive and has a high commercial awareness with a client-service mindset.”
Jae Heon Park
“Very experienced.”
Ji Young Tae
“She is very responsive to the client’s needs. She provides practical and in-depth advice.”
Robert Wachter
“One of the best cross-examiners in Asia. He is also very good at framing his case in a simple and straightforward way.”
Dong Seok Woo
“Dongseok prioritises client responsibility, effective communication, and employs professionals with expertise in the real estate sector.”
Yang Ho Yoon
"He is highly experienced and focused when it comes to providing professional services. He also demonstrates a keen understanding of commercial aspects."
Work highlights
Advised Dentistry Investment, an investment company formed by MBK Partners and UCK Partners, in their acquisition of Ostem Implant through public offering, convertible bonds, and existing shares.
Represented LG Energy Solution in connection with the establishment of a joint venture company, NextStar Energy, with Stellantis for the purposes of engaging in the business of manufacturing electric vehicle battery cells and modules and for the construction and operation of electric vehicle battery cells and modules manufacturing facilities in Ontario, Canada.
Key clients
Glenwood Credit, Megazone Cloud, SK Holdings, Skylake Equity Partners.
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 Hyun Nam as a dispute resolution partner in March 2023.
Client feedback
“The most positive attribute of the firm is that senior lawyers lead the project while communicating directly with clients. In many cases working with other law firms, inexperienced associates handle most of the work and, as a result, client feedback is not immediately reflected, and sometimes completely wrong legal advice is delivered to the client. On the other hand, Seum Law maintains the high quality of legal services by having experienced senior lawyers pay close attention to the project.” – Corporate and M&A
“Timely and professional response.” – Media and entertainment
Seungkyu Byun
“He is very rational when working and very considerate when communicating with clients. Since most lawyers passively provide legal services within the scope of work requested by the client, if the client fails to properly determine the scope of work, the final result often comes out wrong. He helps the client step by step in properly determining the scope of work. He communicates with clients from time to time even while working, and actively responds to clients' feedback. As a result, the results of the legal services provided by him were always satisfactory.”
Jungok Yun
“Attention to client's needs and innovative/professional consultation.”
Work highlights
Advised semiconductor component manufacturer Mecaro in a cross-border transaction for the acquisition of its chemical business division by Merck, a global technology company, in a transaction valued at approximately W147.3 billion ($111 million).
Advised in a merger transaction between Cake Corporation, an English education platform and affiliate of Naver, and HYBE EDU, a subsidiary of HYBE, a global entertainment company and agency for artists such as BTS.
Advised Hashed, the largest blockchain investor in Korea, on its cross-border investment in Loco, a game streaming platform.
Key clients
Alpha Vista Investment, Futureplay, Krossroad Partners, Munpia.
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 banking and finance team had three promotions in May 2023: Hee Young Park, Jaecheong Oh and Na Yu were promoted to partners. It also welcomed Ji Hoon Kim, Jongki Kim and Dong Jun Park as partners in 2022. The firm’s competition/antitrust team hired Seung Hyeon Sung from Yoon & Yang as a partner in May 2022. Eui-Rae Kim and Soon-Youl Kwon also joined as partners from Ministry of Justice and Seoul High Court, respectively. The firm’s M&A team lured Hyun Kim, Sang Min Lee and Yeon Woo Choi as partners from Lee & Ko in October 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 SD Biosensor on its $1.5 billion acquisition of US diagnostics company Meridian Bioscience. The transaction is the largest M&A transaction in Korea’s pharmaceutical industry.
Key clients
Mando Corporation, Export-Import Bank of Korea, SKC.
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 more than 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. The labour and employment team welcomed Jahyeong Ku and Kwang Sun Lee from Jipyong as partners in February 2023.
Client feedback
"They were professional in legal due diligence, and their feedback was prompt and reliable." – Corporate and M&A
"They were professional and enthusiastic." – Insurance
"Firstly, Yulchon's approach to the case was admirable. Despite the challenging situation due to Smartscore's extensive preparation and lawsuit, Yulchon provided us with psychological stability by demonstrating their passion and preparedness for various scenarios. Secondly, and more importantly, their legal reasoning was solid. While proving that our applications and solutions did not copy theirs, Yulchon discovered numerous prior technologies in preparation for various claims. Building on this, they employed a strategy to refute their premise, asserting that the imitated technology itself lacked originality. To be honest, I was amazed when I received the preparation letter. I have worked on several cases with other law firms, but it's rare to find a flawless and logically sound document that considers all possible scenarios from the outset. This made a positive impression on the judge during the hearing (even though it was a provisional hearing) and instilled confidence in the case. In summary, the lawsuit strategy presented by Yulchon was creative yet well-founded, leading us in a positive direction. Additionally, they provided various examples to support their logic, demonstrating their passion for delving into even the minutest technological details. Consequently, they submitted a perfectly prepared document. Their professionalism and passionate attitude, two qualities we value in our lawyers, were evident." – Intellectual property
"Their ability to handle complex and sophisticated matters is truly commendable. They navigate intricate issues with finesse and expertise, unmatched by others. They consistently demonstrate exceptional skill, competence and strategic thinking in challenging scenarios. Their astute analysis, sharp problem-solving skills and comprehensive understanding of intricate matters are truly impressive. They exhibit a remarkable ability to unravel complex issues and propose innovative solutions. Their proficiency in handling intricate and sophisticated matters is exceptional, distinguishing them in their field. Additionally, they possess a diverse range of expertise and skills that span various areas, enabling them to approach projects from multiple angles. The team members demonstrate a profound understanding of their respective fields and showcase a broad knowledge base. Their collective capabilities and depth of knowledge enable them to effectively handle complex and multifaceted tasks. Furthermore, their seamless collaboration and leveraging of each other's strengths contribute to the team's overall effectiveness. In summary, their team's depth and breadth are truly impressive, positioning them as a formidable force in their field." – Intellectual property
Yun Heui Cho
“Lawyer Cho is a former judge, and he's good at pleading for the court to understand.”
Yong Whan Choi
“Mr. Choi is the best lawyer related to tax fields in Korea, and that is why we are now working with Yulchon. I believe that there is not any work without Mr. Choi. He is creative and knowledgeable with a professional attitude.”
Hee Woo Jo
“First, he quickly recognises what the client wants and needs and comes back unconditionally the next meeting. Thanks to this, I can proceed with the fast-paced case comfortably and entrust it. Also, he has a rare and perfect expertise in this area. In this field, the industry has changed and diversified so rapidly that it is very difficult to grasp the contents, and other lawyers only understand it by gathering and learning a lot of information, but he is already very familiar with this industry and knows all the latest technologies, laws, precedents and trends. That is why we could follow his lead, and move in the correct direction accordingly, because we could believe that he knew everything and was managing it, even if we didn't know everything.”
Jin Kook Lee
“His fast feedback and problem-solving ability made the project progress favourably for our company.”
Yong Min Lee
“He has consistently delivered exceptional legal services, demonstrating an unparalleled level of expertise. With a deep understanding of the law and an unwavering commitment to excellence, he has consistently achieved outstanding results for us. His meticulous approach to legal matters, combined with his strategic thinking and sharp analytical skills, has enabled him to navigate complex legal issues with precision and effectiveness. We can trust in his ability to provide comprehensive and tailored legal solutions that meet our specific needs.”
Hyun Hwa Shin
“Hyunhwa offers a customer-oriented service backed by a high level of understanding and expertise in the insurance industry.”
Kyung Ae Yoon
“As a former examiner at the Patent and Trademark Office, her patent analysis is accurate and fast.”
Work highlights
Advising Naver on its acquisition of a US-based fashion e- marketplace Poshmark for $1.6 billion. This acquisition expands and diversifies Naver’s leading e-commerce platform, strengthens its community with a global social network of younger users, and positions it to capitalise on the global online fashion e-commerce and sustainable economic opportunity.
Advised Japan Korea Joint Smelting (JKJS), a Japanese company, on capital reduction and sale of its shares in LS-Nikko Copper in Korea. This W1.03 trillion transaction was the largest Korea-Japan cross-border merger and acquisition in recent years. As a result of the transaction, JX Nippon Mining & Metals Corporation, the largest shareholder of JKJS, is now able to better manage its financial portfolio and focus its managerial resources on other important areas of its business.
Key clients
Hanwha Aerospace, Korea Investment & Securities, Zinus.
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 area. 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 including Indonesia, Myanmar, Laos and Vietnam.
Client feedback
“Professional with good communication skills.” – Media and entertainment
Moonhee Kim
“She is professional in the media and entertainment field.”
Work highlights
Representing Daiso Industries in a parallel/post-arbitration lawsuit against Korean shareholders of Asung Daiso, one of Korea’s largest flat-rate retail distributors that was formed as a joint venture between the parties. This case will establish an important precedent for enforcing arbitration agreements against non-signatories who become shareholders in a company bound by such agreements. It also addresses the litigation and enforcement of rights for minority foreign investors in Korean courts.
Representing JTBC Plus Corporation in a lawsuit filed by PGA of America in Florida, US. This case was noteworthy because it involved claims regarding force majeure due to interruptions and changes caused by the Covid-19 pandemic.
Representing Icure Pharmaceutical in a parallel lawsuit filed before the Superior Court of California, County of Los Angeles against Sram & Mram Resources and related companies. This is a complex case involving claims for fraudulent misrepresentation, civil conspiracy, conversion, fraud, breach of contract and unjust enrichment among parties who are both signatories and non-signatories of an arbitration agreement.
Key clients
AU Optronics, Hyundai L&C, Lotte Cultureworks.
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, peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s aviation and shopping pillar gained two additional lawyers from peer firms, while the banking and finance team was boosted by three. In 2022, the firm’s dispute resolution practice and IP practice witnessed the addition of 18 and five new hires, respectively. Regrettably for the firm’s energy practice, three practitioners departed to Shim & Kim in 2023.
Client feedback
“They have strong internal teams consisting of various experts, including non-attorneys. Together with these strong internal teams, the attorneys provide practical advice. Overall, their work quality is excellent compared to other top-tier law firms in Korea.” – Banking and finance
“They not only know the substance but are also able to provide strategic guidance to help navigate the most challenging legal issues.” – Competition/antitrust
“Kim & Chang views the works and projects in detail but also overall, and presents issues and solutions before the client realises there could be a problem.” – Corporate and M&A
“Cutting-edge expertise and vast experience in M&A.” – Corporate and M&A
“The firm has great expertise in all legal areas and full resources to support clients.” – Corporate and M&A
“Accurate analysis of applicable local laws and practical advising on drafting a deal structure.” – Corporate and M&A
“They are brilliant communicators and can handle very difficult personalities diplomatically and with great charm. Their legal advice is strong and they are well organised and able to get through large volumes of work against tight deadlines.” – Dispute resolution
“Kim and Chang lawyers are professional, ethical and very smart. They quickly grasped detailed technical positions and smoothly integrated our technical analysis into legal briefs and presentations. I had confidence from the beginning that Kim and Chang was interested in seeing justice done more than in 'just winning'. On this point, they never wavered.” – Dispute resolution
“They have provided legal analysis thoroughly and timely, and coped with hearings well. They have communicated with our client from time to time to deliver and discuss implications and next steps.” – Dispute resolution
“One-stop shop – expertise in all aspects of law, and understanding the client's needs.” – Energy
“The offshore wind farm development project involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Energy
“The firm conducted due diligence well and provided advice on what needed to be checked and repaired for the upcoming deal. Throughout the process, they provided us with relevant and convincing materials, which made negotiations with the buyer easier for me.” – Infrastructure
“Expertise on the insurance sector, and good communication with local regulators.” – Insurance
“Kim & Chang was able to win the lawsuit with perfect legal reasoning and relentless diligence.” – Insurance
“Professional service with strong team members.” – Intellectual property
“Very professional.” – Intellectual property
“They do everything extremely well, in a cost-efficient manner. They have their usual personnel working on matters, and bring in additional expertise as needed to address the current issues.” – Intellectual property
“Very strategic and practical, obtaining excellent results.” – Intellectual property
“A truly international approach, a team of highly knowledgeable and responsive lawyers.” – Intellectual property
“Kim & Chang's lawyers and patent attorneys are highly skilled and have the best teamwork. With Kim & Chang, no matter the day or time, the responsiveness is great, and they never fail to provide immediate, in-depth analysis. They also knew exactly what we needed and went beyond what we asked for. Further, the team provided tech intelligence advice using their IP and tech data analysis, which helped our firm’s successful investment in the related technology.” – Intellectual property
“It is amiable and professional. Also, it is good at patent invalidation trials.” – Intellectual property
“They have a deep knowledge of the local patent law and practice and can provide advice even in the most complicated situations – they have a team of lawyers who can provide legal assistance in litigations and also expertise in regulatory matters – so covering almost all topics of interest for the pharmaceutical industry.” – Intellectual property
“Very competent and reliable advice.” – Intellectual property
“Kim & Chang successfully collated various data such as academic papers and financial information utilising patent data as a key input. The outcome provided integrated insight with a patent-based perspective on their industry and competitors.” – Intellectual property
“Professional but agile and adaptive advice and services. The team moves with urgency. Knows what is important and really strives to act on behalf of the client on various cases.” – Intellectual property
“The firm provided a well-balanced view and practical solution. They are the experts on Korean laws and Korean courts cases.” – Labour and employment
“Kim & Chang did a wonderful job defending Google before multiple regulators on our employment decisions.” – Labour and employment
“As we don't have global employment law team members based in South Korea, Kim & Chang are advising us on an ongoing basis. They are super-responsive, provide clear and pragmatic advice, great English and communication skills and also know and share relevant local practice as needed.” – Labour and employment
“Kim and Chang act as a trusted adviser. They understand our business and its associated values which underpin decision-making on labour and employment matters. They partner with us to discuss and strategise issues and adopt a commercially practical approach. They are responsive, often being available at short notice, and have unrivalled depth of experience in their team in the labour and employment space.” – Labour and employment
“Responsiveness, promptness, professionalism. Details.” – Labour and employment
“Professional team members including lawyers, tax lawyers, patent and trademark attorneys and accountants work in close coordination with each other.” – Private equity
“Most comprehensive services customised for M&A with breadth and depth of legal advice unparalleled in the market.” – Private equity
“Identified key regulation issues and mitigated several legal risk factors so that we could make improvements on the deals and eventually completed them.” – Private equity
“Even when we ask for very tight deadlines, Kim & Chang gets things done on time.” – Real estate
“Kim & Chang's professional assets and infrastructures.” – Regulatory
“The offshore wind farm complex development project at issues involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Regulatory
“They fully understand the legal and factual issues and suggest legally persuasive explanations to a court.” – Regulatory
“They very well understand the core issue and provide pragmatic solutions with accuracy and detail.” – Regulatory
“They are very professional.” – Tax
“We will continue to believe in their capabilities and will continue to strengthen our partnership." – Tax
“Understanding the arguments that can be made in defence of the company, and being willing to do so despite an aggressive government investigatory approach. Excellent English skills were instrumental, and their sense of urgency was key.” – Tax
“Kim & Chang is very responsive and understands the company’s needs and goals. Kim & Chang has a well-established group of attorneys and other professionals to manage relations with taxing authorities.” – Tax
“Kim & Chang boasted a team of highly skilled legal specialists proficient in various fields, enabling them to handle a diverse array of issues. Notably, the key counterpart attorneys representing our company were not only trustworthy but also proactive experts in their respective domains.” – Tax
“The first insight is to have a broad perspective on the case. It involves considering the potential impact of the case on the company in the future and exploring solutions from an overall standpoint.” – Tax
“Thoughtful, thorough and responsive.” – Tax
“Kim & Chang is unique in its position that it can support the client throughout different phases of business, from planning (by giving opinions) to implementation (by supporting APA) to tax office level audit (by assisting tax audit and MAP) and to court level audit (by defending the client at court). This enables the efficient retention of historical information and application of a consistent tax position. Simultaneously, Kim & Chang can provide a holistic review from non-tax angles, such as reporting obligations based on other laws. This helps the client to be ready for unforeseen legal obligations.” – Tax
Jay Kim
“Good communication skills and strategic advice. Jay is one of the best client managers I have ever known.”
In Hwan Kim
“Very professional.”
“In Hwan is totally invested in providing the best legal and business advice possible, regardless of the matter. He is extremely knowledgeable, and adds team members as needed. Our matter was and still is the first and only case to successfully recapture the price reduction of an original drug after generic entry.”
Daniel Kim
“Very competent, clear and reliable advice.”
Wan Suk Kim
“He gives quick and straightforward answers.”
John Kwak
“Knowledgeable and responsive.”
Kyung Yul Lee
“He understands the legal and political landscape very well and is able to provide effective guidance. He is always willing to make the extra effort to ensure that his and his team's advice is helpful.”
Min-Ho Lee
“Provides a solution based on an in-depth knowledge of the customer through excellent communication.”
Chunsoo Lee
“He showed practical and professional advice, good teamwork and problem-solving skills.”
Hyo Je Lee
“He is a very brilliant lawyer with a brilliant career, but he is also very honest and humble.”
Jongmin Lee
“Full engagement with the legal process, and very good experience and knowledge of IP and information security affairs.”
Yoonchang (Marcus) Lee
“He is smart and benevolent. He communicates well with the clients. Also, he is good at patent trials/lawsuits.”
Hwan Beom Lee
“Very responsive and swift action, pragmatic approach. He is very speedy and strategic.”
Shin Kwon Lim
“He is very thorough and has high knowledge and experience in the area.”
“A brilliant legal mind, Shin Kwon is also very efficient and responsive, which makes him an ideal counsel for complex M&A transactions.”
“He suggested acceptable solutions whenever I encountered unexpected problems, which was very valuable.”
Tae-Yeon Nam
“Very professional and shows depth of knowledge.”
Min-Young Oh
“Wide spectrum of knowledge spanning many fields, and understands the client's needs.”
Joon Hwan Park
“As a senior attorney in the maritime and energy fields, I understand Joonhwan has considerable experience and knowledge in the relevant field. He is very efficient and helpful in addressing licensing issues and is capable of handling work in the most proper and efficient manner. His communication skills are excellent in that he truly understands clients’ needs.”
Jong Hyun Park
“Great assessment of situation and potential risks; proactive and creative problem-solving; and willingness to go out of his way to find a solution in all situations.”
Jae Suk Park
“Provides solutions based on an in-depth knowledge of the customer's needs through excellent communication, with integrity, accountability and a commitment to ethics, while demonstrating resilience and enthusiasm.”
“Jae Suk Park, who is our business partner, prepared a well-organised ACVA filing strategy. It aligned well with the latest practice and trend. He and his team are highly qualified to achieve what the client wants.”
Soyun Park
“She is an incredibly talented and proactive tax specialist who possesses a friendly demeanour. Furthermore, she has a customer-centric mindset, always anticipating the potential needs of clients and proactively addressing hidden risks in advance. Without a doubt, she is one of the finest lawyers I have ever worked.”
Joel Richardson
“He has great communication skills (orally and in writing). He thinks very rapidly in a courtroom environment. He is very ethical. He has an excellent personality. He treats his co-workers with great respect. He does not take contrary opinions personally.”
“Excellent communication and legal knowledge, applying strategic thinking and responsiveness.”
“Partner Joel Richardson and his team are amazing. They know the law, the market, and are quick learners about the technology. They exhibit excellent judgement – prudent but not overly risk averse.”
Yoon Sang Sim
“Reliability and high level of expertise.”
“Yoon Sang is very responsive and provides concise and practical advice. Yong Sang effectively leads other attorneys and professionals.”
Bumkyu Sung
“Provides professional and practical advice with a very responsive and timely manner, demonstrating a deep understanding of the finance industry.”
Work highlights
Represented a life insurance company against claims by policyholders who sought $350 million in insurance payments. There had been no precedent that clearly states how to interpret an insurance policy and explain it to a policyholder when its terms and conditions include a complex structure in which the policyholder pays a single, lump-sum premium up front and receives monthly annuity with an unclear method for calculating the claim paid. On the other hand, similar terms and conditions have been widely used in the industry. This ruling sets out the standards that insurance companies must apply when designing and selling insurance products.
Representing Schindler Holding, one of the world’s leading providers of elevators, escalators and moving walkways, in an investment treaty arbitration against the Republic of Korea, brought under the Agreement on Investment between the Republic of Korea and the Republic of Iceland, the Principality of Liechtenstein and the Swiss Confederation. This case represents an important investment treaty arbitration concerning alleged regulatory failings of government authorities in Korea, including a financial supervisory regulator and a competition regulator. The ramifications of this investment treaty arbitration will be significant for defining the reviewable scope of such regulators’ authority in the context of investment treaties.
Key clients
Doosan Yonkang Foundation, Socar, VCNC.
An undisputed premier firm, Lee & Ko holds steady in the rankings as a fool-proof 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 developments in the last 12 months include the departure of banking and finance partner HK (Helen) Sohn to Yoon & Yang. On the other hand, the firm’s capital markets practice welcomed Taekyoung Kwon and Dajeong Kim as partners. Furthermore, Sujin Jun joined the firm’s antitrust/competition team from the Seoul High Court, while Young Jin Kim joined the labour and employment practice after serving as a judge in the Seoul District Court, Seoul High Court, and ultimately the Korean Supreme Court. The firm’s corporate and M&A team has also been expanding over the past year, with five new partners on board. Its dispute resolution team also welcomed 11 new partners.
Client feedback
“Lee & Ko is able to understand the intricacies of air mileage system. There was little precedent for examination of air mileage, but Lee & Ko was able to develop a comprehensive argument using similar cases as the basis.” – Aviation
“Lee & Ko’s client service is unsurpassed. Considering the stakes, I make frequent requests, require detailed explanations to questions and at times probably ask more of Lee & Ko than other clients, but Lee & Ko always responds promptly and provides detailed answers that not only take into account our commercial interests, but our legal fees as well. If you are looking for the highest quality service with the best value, I could not recommend any other firm.” – Competition/antitrust
“The attorneys at Lee & Ko are very professional and devoted. Their fee charge is reasonable.” – Competition/antitrust
"They are professional and dedicated to their clients. They have demonstrated excellent practice." – Competition/antitrust
“They are loyal to our company and do the best for the client's needs.” – Corporate and M&A
“Dedicated team with the most professional and in-depth legal service.” – Corporate and M&A
“Lee & Ko provides excellent service in an efficient manner.” – Corporate and M&A
"Lee & Ko provided timely and necessary advisory opinions based on extensive legal knowledge and experience.” – Corporate and M&A
"The firm demonstrates a careful and serious approach to their work. They have a strong ability to identify and address issues, while also excelling in interpreting the specific needs of their clients.” – Corporate and M&A
“Provides timely and accurate information needed for decision-making.” – Corporate and M&A
“Very effective arbitration counsel. They are thorough, tenacious and collegial. One of the best in South Korea by far.” – Dispute resolution
“Lee & Ko has separate teams for each problem field, so it is always possible to respond in all directions as it reacts quickly to advice and shares intellectual experience in each field.” – Dispute resolution
“They are loyal to the client, experienced and cost-efficient.” – Insurance
“They try to provide specific answers on the client's question.” – Insurance
“Lee & Ko in South Korea has been faithfully responding to lawsuits by understanding the issues that customers need to respond to and supporting them with sufficient evidence.” – Labour and employment
“Professional in both jurisdictions in South Korea, the US and Europe. We had local law firms in the target countries but Lee & Ko have had good communication and cooperation with the firms and their professionals.” – Real estate
“They provide detailed and helpful advice.” – Shipping
“The provision of useful information and active customer care.” – Tax
Seungwan Hahm
“Based on our professional legal knowledge, he presents a feasible plan along with detailed explanations.”
Jong Youn Han
“Her leadership, strategy and thoughtful approach to each step of this case, from the investigation to the consent order, is one of the biggest factors in our successful thus far. She provides us with a variety of strategies and alternative courses of action, which is crucial as we have experienced a number of hurdles to overcome in reaching the consent order. Her oversight and strategic insight is unmatched. If you are looking for an answer to a question, you could consult a number of lawyers from top firms, but if you are looking for multiple strategic solutions to an issue based on your specific needs, I can recommend Jong Youn Han.”
Joo Hye Hong
“She has a high level of analysis and understanding of her case. Her oral arguments are always convincing and systematic.”
Jinyoung Jung
“Very knowledgeable and hard-working.”
Jang Hyun Ka
“He has deep knowledge and experience in antitrust law. He is exceptional at responding to government investigations and litigation.”
Sang Gon Kim
“Sang Gon possesses professional knowledge, a strong network, and effective customer management skills."
Miji Lee
“She explains very specifically and clearly to clients.”
“She enthusiastically answers everything.”
Ho Joon Moon
“The best lawyer I can rely on in the field of corporate M&A. He demonstrates deep knowledge and experience. He is extremely thoughtful and insightful. No other lawyer in Korea can match.”
“He is one of the most experienced corporate M&A lawyers in South Korea. He has deep understanding of complex legal issues, is very responsive and has a high commercial awareness with a client-service mindset.”
Jae Heon Park
“Very experienced.”
Ji Young Tae
“She is very responsive to the client’s needs. She provides practical and in-depth advice.”
Robert Wachter
“One of the best cross-examiners in Asia. He is also very good at framing his case in a simple and straightforward way.”
Dong Seok Woo
“Dongseok prioritises client responsibility, effective communication, and employs professionals with expertise in the real estate sector.”
Yang Ho Yoon
"He is highly experienced and focused when it comes to providing professional services. He also demonstrates a keen understanding of commercial aspects."
Work highlights
Represented the domestic cryptocurrency exchanges, including Dunamu, Coinone and Korbit, in a lawsuit filed by Wemix seeking a provisional injunction for the suspension of effect of delisting. The firm secured a winning award in December 2022. The court made a historic ruling, recognising that Digital Asset eXchange Alliance's autonomous monitoring and penalties on cryptocurrencies are legally valid. This ruling is seen as a crucial precedent for ensuring the stability of the virtual currency market going forward.
Acted for Jeju Air in a litigation case seeking a $21million refund due to the M&A collapse between airlines. This case deals with the interpretation of witness statements and guarantee provisions, as well as liability for a failed transaction. It is also the first case to assess the legal impact of Covid-19 on M&A transactions, and has attracted attention from carriers and other industries.
Key clients
Jeju Special Self-Governing Province, Samsung Heavy Industries, Wesang.
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 arbitration 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 chair of Korean Council for International Arbitration, secretary-general of the Seoul International Dispute Resolution Center, and chair for the Korea International Trade Association. The firm welcomed David Yang as partner from the Ministry of Foreign Affairs in September 2022.
Work highlights
Represented Chubb Insurance Australia, Samsung Fire & Marine Insurance, TT Club and Pusan New Port in a series of proceedings involving an allision of a container into a terminal in Pusan. This dispute stems from the allision of M/V Milano Bridge with a Pusan container terminal, damaging gantry cranes. With different limitation amounts under the Convention on Limitation of Liability for Maritime Claims, multiple liability proceedings are pending in Korea, Japan and Hong Kong.
Representing an insurer in an arbitration filed by a former pharmaceutical unicorn company for insurance proceeds under directors and officers liability insurance policy.
Key clients
Mirae Construction, Supportec.
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 banking and finance team had three promotions in May 2023: Hee Young Park, Jaecheong Oh and Na Yu were promoted to partners. It also welcomed Ji Hoon Kim, Jongki Kim and Dong Jun Park as partners in 2022. The firm’s competition/antitrust team hired Seung Hyeon Sung from Yoon & Yang as a partner in May 2022. Eui-Rae Kim and Soon-Youl Kwon also joined as partners from Ministry of Justice and Seoul High Court, respectively. The firm’s M&A team lured Hyun Kim, Sang Min Lee and Yeon Woo Choi as partners from Lee & Ko in October 2022.
Work highlights
Represented Culture Gift Card in a dispute regarding the effectiveness of the gift card business transfer contract.
Represented Korea Ladies Professional Golf Tour in a dispute over the selection of a business operator to grant broadcast rights.
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 more than 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. The labour and employment team welcomed Jahyeong Ku and Kwang Sun Lee from Jipyong as partners in February 2023.
Client feedback
"They were professional in legal due diligence, and their feedback was prompt and reliable." – Corporate and M&A
"They were professional and enthusiastic." – Insurance
"Firstly, Yulchon's approach to the case was admirable. Despite the challenging situation due to Smartscore's extensive preparation and lawsuit, Yulchon provided us with psychological stability by demonstrating their passion and preparedness for various scenarios. Secondly, and more importantly, their legal reasoning was solid. While proving that our applications and solutions did not copy theirs, Yulchon discovered numerous prior technologies in preparation for various claims. Building on this, they employed a strategy to refute their premise, asserting that the imitated technology itself lacked originality. To be honest, I was amazed when I received the preparation letter. I have worked on several cases with other law firms, but it's rare to find a flawless and logically sound document that considers all possible scenarios from the outset. This made a positive impression on the judge during the hearing (even though it was a provisional hearing) and instilled confidence in the case. In summary, the lawsuit strategy presented by Yulchon was creative yet well-founded, leading us in a positive direction. Additionally, they provided various examples to support their logic, demonstrating their passion for delving into even the minutest technological details. Consequently, they submitted a perfectly prepared document. Their professionalism and passionate attitude, two qualities we value in our lawyers, were evident." – Intellectual property
"Their ability to handle complex and sophisticated matters is truly commendable. They navigate intricate issues with finesse and expertise, unmatched by others. They consistently demonstrate exceptional skill, competence and strategic thinking in challenging scenarios. Their astute analysis, sharp problem-solving skills and comprehensive understanding of intricate matters are truly impressive. They exhibit a remarkable ability to unravel complex issues and propose innovative solutions. Their proficiency in handling intricate and sophisticated matters is exceptional, distinguishing them in their field. Additionally, they possess a diverse range of expertise and skills that span various areas, enabling them to approach projects from multiple angles. The team members demonstrate a profound understanding of their respective fields and showcase a broad knowledge base. Their collective capabilities and depth of knowledge enable them to effectively handle complex and multifaceted tasks. Furthermore, their seamless collaboration and leveraging of each other's strengths contribute to the team's overall effectiveness. In summary, their team's depth and breadth are truly impressive, positioning them as a formidable force in their field." – Intellectual property
Yun Heui Cho
“Lawyer Cho is a former judge, and he's good at pleading for the court to understand.”
Yong Whan Choi
“Mr. Choi is the best lawyer related to tax fields in Korea, and that is why we are now working with Yulchon. I believe that there is not any work without Mr. Choi. He is creative and knowledgeable with a professional attitude.”
Hee Woo Jo
“First, he quickly recognises what the client wants and needs and comes back unconditionally the next meeting. Thanks to this, I can proceed with the fast-paced case comfortably and entrust it. Also, he has a rare and perfect expertise in this area. In this field, the industry has changed and diversified so rapidly that it is very difficult to grasp the contents, and other lawyers only understand it by gathering and learning a lot of information, but he is already very familiar with this industry and knows all the latest technologies, laws, precedents and trends. That is why we could follow his lead, and move in the correct direction accordingly, because we could believe that he knew everything and was managing it, even if we didn't know everything.”
Jin Kook Lee
“His fast feedback and problem-solving ability made the project progress favourably for our company.”
Yong Min Lee
“He has consistently delivered exceptional legal services, demonstrating an unparalleled level of expertise. With a deep understanding of the law and an unwavering commitment to excellence, he has consistently achieved outstanding results for us. His meticulous approach to legal matters, combined with his strategic thinking and sharp analytical skills, has enabled him to navigate complex legal issues with precision and effectiveness. We can trust in his ability to provide comprehensive and tailored legal solutions that meet our specific needs.”
Hyun Hwa Shin
“Hyunhwa offers a customer-oriented service backed by a high level of understanding and expertise in the insurance industry.”
Kyung Ae Yoon
“As a former examiner at the Patent and Trademark Office, her patent analysis is accurate and fast.”
Work highlights
Represented Hyundai E&C with respect to an industrial accident where one Hyundai E&C employee and two employees of a subcontractor working on a construction site for a grand-scale underground rainwater drainage facility ordered by the Seoul Metropolitan Government, drowned in a drainage tunnel flooded by heavy rain.
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 area. 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 including Indonesia, Myanmar, Laos and Vietnam.
Client feedback
“Professional with good communication skills.” – Media and entertainment
Moonhee Kim
“She is professional in the media and entertainment field.”
Work highlights
Advised Hyundai Electric & Energy Systems on the subscription of issued shares and new shares in Plaspo, a company that engages in a new and renewable energy converter and solar power business.
Advised Hanwha Solutions on the incorporation of a joint venture company with GS Energy Corporation for the manufacturing, production and sales of ethylene-vinyl acetate and low-density polyethylene products.
Advised Korea Development Bank on entering into a loan agreement and financial agreements with Yeong Yang Wind Power 2 Corporation as the debtor for the financing of the funds necessary for the Yeong Yang Wind Power Project 2.
Key clients
Dae Myoung Energy, Doosan Fuel Cell, Hanwha Power Systems
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, peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s aviation and shopping pillar gained two additional lawyers from peer firms, while the banking and finance team was boosted by three. In 2022, the firm’s dispute resolution practice and IP practice witnessed the addition of 18 and five new hires, respectively. Regrettably for the firm’s energy practice, three practitioners departed to Shim & Kim in 2023.
Client feedback
“They have strong internal teams consisting of various experts, including non-attorneys. Together with these strong internal teams, the attorneys provide practical advice. Overall, their work quality is excellent compared to other top-tier law firms in Korea.” – Banking and finance
“They not only know the substance but are also able to provide strategic guidance to help navigate the most challenging legal issues.” – Competition/antitrust
“Kim & Chang views the works and projects in detail but also overall, and presents issues and solutions before the client realises there could be a problem.” – Corporate and M&A
“Cutting-edge expertise and vast experience in M&A.” – Corporate and M&A
“The firm has great expertise in all legal areas and full resources to support clients.” – Corporate and M&A
“Accurate analysis of applicable local laws and practical advising on drafting a deal structure.” – Corporate and M&A
“They are brilliant communicators and can handle very difficult personalities diplomatically and with great charm. Their legal advice is strong and they are well organised and able to get through large volumes of work against tight deadlines.” – Dispute resolution
“Kim and Chang lawyers are professional, ethical and very smart. They quickly grasped detailed technical positions and smoothly integrated our technical analysis into legal briefs and presentations. I had confidence from the beginning that Kim and Chang was interested in seeing justice done more than in 'just winning'. On this point, they never wavered.” – Dispute resolution
“They have provided legal analysis thoroughly and timely, and coped with hearings well. They have communicated with our client from time to time to deliver and discuss implications and next steps.” – Dispute resolution
“One-stop shop – expertise in all aspects of law, and understanding the client's needs.” – Energy
“The offshore wind farm development project involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Energy
“The firm conducted due diligence well and provided advice on what needed to be checked and repaired for the upcoming deal. Throughout the process, they provided us with relevant and convincing materials, which made negotiations with the buyer easier for me.” – Infrastructure
“Expertise on the insurance sector, and good communication with local regulators.” – Insurance
“Kim & Chang was able to win the lawsuit with perfect legal reasoning and relentless diligence.” – Insurance
“Professional service with strong team members.” – Intellectual property
“Very professional.” – Intellectual property
“They do everything extremely well, in a cost-efficient manner. They have their usual personnel working on matters, and bring in additional expertise as needed to address the current issues.” – Intellectual property
“Very strategic and practical, obtaining excellent results.” – Intellectual property
“A truly international approach, a team of highly knowledgeable and responsive lawyers.” – Intellectual property
“Kim & Chang's lawyers and patent attorneys are highly skilled and have the best teamwork. With Kim & Chang, no matter the day or time, the responsiveness is great, and they never fail to provide immediate, in-depth analysis. They also knew exactly what we needed and went beyond what we asked for. Further, the team provided tech intelligence advice using their IP and tech data analysis, which helped our firm’s successful investment in the related technology.” – Intellectual property
“It is amiable and professional. Also, it is good at patent invalidation trials.” – Intellectual property
“They have a deep knowledge of the local patent law and practice and can provide advice even in the most complicated situations – they have a team of lawyers who can provide legal assistance in litigations and also expertise in regulatory matters – so covering almost all topics of interest for the pharmaceutical industry.” – Intellectual property
“Very competent and reliable advice.” – Intellectual property
“Kim & Chang successfully collated various data such as academic papers and financial information utilising patent data as a key input. The outcome provided integrated insight with a patent-based perspective on their industry and competitors.” – Intellectual property
“Professional but agile and adaptive advice and services. The team moves with urgency. Knows what is important and really strives to act on behalf of the client on various cases.” – Intellectual property
“The firm provided a well-balanced view and practical solution. They are the experts on Korean laws and Korean courts cases.” – Labour and employment
“Kim & Chang did a wonderful job defending Google before multiple regulators on our employment decisions.” – Labour and employment
“As we don't have global employment law team members based in South Korea, Kim & Chang are advising us on an ongoing basis. They are super-responsive, provide clear and pragmatic advice, great English and communication skills and also know and share relevant local practice as needed.” – Labour and employment
“Kim and Chang act as a trusted adviser. They understand our business and its associated values which underpin decision-making on labour and employment matters. They partner with us to discuss and strategise issues and adopt a commercially practical approach. They are responsive, often being available at short notice, and have unrivalled depth of experience in their team in the labour and employment space.” – Labour and employment
“Responsiveness, promptness, professionalism. Details.” – Labour and employment
“Professional team members including lawyers, tax lawyers, patent and trademark attorneys and accountants work in close coordination with each other.” – Private equity
“Most comprehensive services customised for M&A with breadth and depth of legal advice unparalleled in the market.” – Private equity
“Identified key regulation issues and mitigated several legal risk factors so that we could make improvements on the deals and eventually completed them.” – Private equity
“Even when we ask for very tight deadlines, Kim & Chang gets things done on time.” – Real estate
“Kim & Chang's professional assets and infrastructures.” – Regulatory
“The offshore wind farm complex development project at issues involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Regulatory
“They fully understand the legal and factual issues and suggest legally persuasive explanations to a court.” – Regulatory
“They very well understand the core issue and provide pragmatic solutions with accuracy and detail.” – Regulatory
“They are very professional.” – Tax
“We will continue to believe in their capabilities and will continue to strengthen our partnership." – Tax
“Understanding the arguments that can be made in defence of the company, and being willing to do so despite an aggressive government investigatory approach. Excellent English skills were instrumental, and their sense of urgency was key.” – Tax
“Kim & Chang is very responsive and understands the company’s needs and goals. Kim & Chang has a well-established group of attorneys and other professionals to manage relations with taxing authorities.” – Tax
“Kim & Chang boasted a team of highly skilled legal specialists proficient in various fields, enabling them to handle a diverse array of issues. Notably, the key counterpart attorneys representing our company were not only trustworthy but also proactive experts in their respective domains.” – Tax
“The first insight is to have a broad perspective on the case. It involves considering the potential impact of the case on the company in the future and exploring solutions from an overall standpoint.” – Tax
“Thoughtful, thorough and responsive.” – Tax
“Kim & Chang is unique in its position that it can support the client throughout different phases of business, from planning (by giving opinions) to implementation (by supporting APA) to tax office level audit (by assisting tax audit and MAP) and to court level audit (by defending the client at court). This enables the efficient retention of historical information and application of a consistent tax position. Simultaneously, Kim & Chang can provide a holistic review from non-tax angles, such as reporting obligations based on other laws. This helps the client to be ready for unforeseen legal obligations.” – Tax
Jay Kim
“Good communication skills and strategic advice. Jay is one of the best client managers I have ever known.”
In Hwan Kim
“Very professional.”
“In Hwan is totally invested in providing the best legal and business advice possible, regardless of the matter. He is extremely knowledgeable, and adds team members as needed. Our matter was and still is the first and only case to successfully recapture the price reduction of an original drug after generic entry.”
Daniel Kim
“Very competent, clear and reliable advice.”
Wan Suk Kim
“He gives quick and straightforward answers.”
John Kwak
“Knowledgeable and responsive.”
Kyung Yul Lee
“He understands the legal and political landscape very well and is able to provide effective guidance. He is always willing to make the extra effort to ensure that his and his team's advice is helpful.”
Min-Ho Lee
“Provides a solution based on an in-depth knowledge of the customer through excellent communication.”
Chunsoo Lee
“He showed practical and professional advice, good teamwork and problem-solving skills.”
Hyo Je Lee
“He is a very brilliant lawyer with a brilliant career, but he is also very honest and humble.”
Jongmin Lee
“Full engagement with the legal process, and very good experience and knowledge of IP and information security affairs.”
Yoonchang (Marcus) Lee
“He is smart and benevolent. He communicates well with the clients. Also, he is good at patent trials/lawsuits.”
Hwan Beom Lee
“Very responsive and swift action, pragmatic approach. He is very speedy and strategic.”
Shin Kwon Lim
“He is very thorough and has high knowledge and experience in the area.”
“A brilliant legal mind, Shin Kwon is also very efficient and responsive, which makes him an ideal counsel for complex M&A transactions.”
“He suggested acceptable solutions whenever I encountered unexpected problems, which was very valuable.”
Tae-Yeon Nam
“Very professional and shows depth of knowledge.”
Min-Young Oh
“Wide spectrum of knowledge spanning many fields, and understands the client's needs.”
Joon Hwan Park
“As a senior attorney in the maritime and energy fields, I understand Joonhwan has considerable experience and knowledge in the relevant field. He is very efficient and helpful in addressing licensing issues and is capable of handling work in the most proper and efficient manner. His communication skills are excellent in that he truly understands clients’ needs.”
Jong Hyun Park
“Great assessment of situation and potential risks; proactive and creative problem-solving; and willingness to go out of his way to find a solution in all situations.”
Jae Suk Park
“Provides solutions based on an in-depth knowledge of the customer's needs through excellent communication, with integrity, accountability and a commitment to ethics, while demonstrating resilience and enthusiasm.”
“Jae Suk Park, who is our business partner, prepared a well-organised ACVA filing strategy. It aligned well with the latest practice and trend. He and his team are highly qualified to achieve what the client wants.”
Soyun Park
“She is an incredibly talented and proactive tax specialist who possesses a friendly demeanour. Furthermore, she has a customer-centric mindset, always anticipating the potential needs of clients and proactively addressing hidden risks in advance. Without a doubt, she is one of the finest lawyers I have ever worked.”
Joel Richardson
“He has great communication skills (orally and in writing). He thinks very rapidly in a courtroom environment. He is very ethical. He has an excellent personality. He treats his co-workers with great respect. He does not take contrary opinions personally.”
“Excellent communication and legal knowledge, applying strategic thinking and responsiveness.”
“Partner Joel Richardson and his team are amazing. They know the law, the market, and are quick learners about the technology. They exhibit excellent judgement – prudent but not overly risk averse.”
Yoon Sang Sim
“Reliability and high level of expertise.”
“Yoon Sang is very responsive and provides concise and practical advice. Yong Sang effectively leads other attorneys and professionals.”
Bumkyu Sung
“Provides professional and practical advice with a very responsive and timely manner, demonstrating a deep understanding of the finance industry.”
Work highlights
Represented Kohlberg Kravis Roberts (KKR) in its approximately W735 billion ($551 million) acquisition of redeemable convertible preferred shares (RCPS) in major South Korean energy firm SK E&S. The transaction is unique in that it allows the issuer, SK E&S, to redeem the RCPS in cash or in kind while also allowing KKR to convert the RCPS into common shares of SK E&S.
Advised POSCO International on its merger with POSCO Energy. With this merger, POSCO International has scaled up to become the 11th largest company in South Korea in terms of sales, recording annual sales surpassing W40 trillion and annual operating profit of about W1 trillion.
Advised Brite Energy Partners, a wholly-owned subsidiary of BlackRock, and Mirae Asset Securities, Korea’s largest brokerage firm, on a renewable energy certificate supply agreement with an option to convert into a direct power purchase agreement (PPA) and a template PPA.
Key clients
Jeonnam Offshore Wind Power, Plug Power, Vestas.
An undisputed premier firm, Lee & Ko holds steady in the rankings as a fool-proof 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 developments in the last 12 months include the departure of banking and finance partner HK (Helen) Sohn to Yoon & Yang. On the other hand, the firm’s capital markets practice welcomed Taekyoung Kwon and Dajeong Kim as partners. Furthermore, Sujin Jun joined the firm’s antitrust/competition team from the Seoul High Court, while Young Jin Kim joined the labour and employment practice after serving as a judge in the Seoul District Court, Seoul High Court, and ultimately the Korean Supreme Court. The firm’s corporate and M&A team has also been expanding over the past year, with five new partners on board. Its dispute resolution team also welcomed 11 new partners.
Client feedback
“Lee & Ko is able to understand the intricacies of air mileage system. There was little precedent for examination of air mileage, but Lee & Ko was able to develop a comprehensive argument using similar cases as the basis.” – Aviation
“Lee & Ko’s client service is unsurpassed. Considering the stakes, I make frequent requests, require detailed explanations to questions and at times probably ask more of Lee & Ko than other clients, but Lee & Ko always responds promptly and provides detailed answers that not only take into account our commercial interests, but our legal fees as well. If you are looking for the highest quality service with the best value, I could not recommend any other firm.” – Competition/antitrust
“The attorneys at Lee & Ko are very professional and devoted. Their fee charge is reasonable.” – Competition/antitrust
"They are professional and dedicated to their clients. They have demonstrated excellent practice." – Competition/antitrust
“They are loyal to our company and do the best for the client's needs.” – Corporate and M&A
“Dedicated team with the most professional and in-depth legal service.” – Corporate and M&A
“Lee & Ko provides excellent service in an efficient manner.” – Corporate and M&A
"Lee & Ko provided timely and necessary advisory opinions based on extensive legal knowledge and experience.” – Corporate and M&A
"The firm demonstrates a careful and serious approach to their work. They have a strong ability to identify and address issues, while also excelling in interpreting the specific needs of their clients.” – Corporate and M&A
“Provides timely and accurate information needed for decision-making.” – Corporate and M&A
“Very effective arbitration counsel. They are thorough, tenacious and collegial. One of the best in South Korea by far.” – Dispute resolution
“Lee & Ko has separate teams for each problem field, so it is always possible to respond in all directions as it reacts quickly to advice and shares intellectual experience in each field.” – Dispute resolution
“They are loyal to the client, experienced and cost-efficient.” – Insurance
“They try to provide specific answers on the client's question.” – Insurance
“Lee & Ko in South Korea has been faithfully responding to lawsuits by understanding the issues that customers need to respond to and supporting them with sufficient evidence.” – Labour and employment
“Professional in both jurisdictions in South Korea, the US and Europe. We had local law firms in the target countries but Lee & Ko have had good communication and cooperation with the firms and their professionals.” – Real estate
“They provide detailed and helpful advice.” – Shipping
“The provision of useful information and active customer care.” – Tax
Seungwan Hahm
“Based on our professional legal knowledge, he presents a feasible plan along with detailed explanations.”
Jong Youn Han
“Her leadership, strategy and thoughtful approach to each step of this case, from the investigation to the consent order, is one of the biggest factors in our successful thus far. She provides us with a variety of strategies and alternative courses of action, which is crucial as we have experienced a number of hurdles to overcome in reaching the consent order. Her oversight and strategic insight is unmatched. If you are looking for an answer to a question, you could consult a number of lawyers from top firms, but if you are looking for multiple strategic solutions to an issue based on your specific needs, I can recommend Jong Youn Han.”
Joo Hye Hong
“She has a high level of analysis and understanding of her case. Her oral arguments are always convincing and systematic.”
Jinyoung Jung
“Very knowledgeable and hard-working.”
Jang Hyun Ka
“He has deep knowledge and experience in antitrust law. He is exceptional at responding to government investigations and litigation.”
Sang Gon Kim
“Sang Gon possesses professional knowledge, a strong network, and effective customer management skills."
Miji Lee
“She explains very specifically and clearly to clients.”
“She enthusiastically answers everything.”
Ho Joon Moon
“The best lawyer I can rely on in the field of corporate M&A. He demonstrates deep knowledge and experience. He is extremely thoughtful and insightful. No other lawyer in Korea can match.”
“He is one of the most experienced corporate M&A lawyers in South Korea. He has deep understanding of complex legal issues, is very responsive and has a high commercial awareness with a client-service mindset.”
Jae Heon Park
“Very experienced.”
Ji Young Tae
“She is very responsive to the client’s needs. She provides practical and in-depth advice.”
Robert Wachter
“One of the best cross-examiners in Asia. He is also very good at framing his case in a simple and straightforward way.”
Dong Seok Woo
“Dongseok prioritises client responsibility, effective communication, and employs professionals with expertise in the real estate sector.”
Yang Ho Yoon
"He is highly experienced and focused when it comes to providing professional services. He also demonstrates a keen understanding of commercial aspects."
Work highlights
Advised the mandated arranger, Kookmin Bank, and syndicated lenders in connection with Ulsan GPS LNG/LPG 1,227MW Combined Power Plant and Terminal Project. This project holds several notable distinctions in Korea: it is the first liquefied natural gas (LNG) and liquefied petroleum gas (LPG) dual-purpose plant; the first gas power plant to receive ESG certification, with the issuance of a G1 rated ESG bond; the first power plant to transition from coal to LNG/LPG;, and the first power plant to have an accompanying fuel terminal.
Advised the mandated arrangers, Kookmin Bank and other lenders, in connection with the borrower’s financing in connection with a photovoltaic power plant project, involving the 200MW Photovoltaic power plant in Bigeum, Shinan, Jeollanamdo, the size of which made it one of the largest solar projects ever in Korea in 2022.
Key clients
KCH Energy, Ulsan GPS, SK Gas.
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 banking and finance team had three promotions in May 2023: Hee Young Park, Jaecheong Oh and Na Yu were promoted to partners. It also welcomed Ji Hoon Kim, Jongki Kim and Dong Jun Park as partners in 2022. The firm’s competition/antitrust team hired Seung Hyeon Sung from Yoon & Yang as a partner in May 2022. Eui-Rae Kim and Soon-Youl Kwon also joined as partners from Ministry of Justice and Seoul High Court, respectively. The firm’s M&A team lured Hyun Kim, Sang Min Lee and Yeon Woo Choi as partners from Lee & Ko in October 2022.
Work highlights
Advised Banco Nacional de Desenvolvimento Economico on the financing of the construction of a semiconductor packaging plant in Brazil by Hana Micron’s Brazilian subsidiary HT Micron Semiconductors.
Acted for a group of lenders for the financing of PT HLI Green Power for its construction and development of an electronic vehicle battery manufacturing plant in the area of Karawang, Indonesia.
Key clients
Green Investment Group (Korea), Pacifico Energy Korea, TotalEnergies Offshore Wind Korea.
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 more than 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. The labour and employment team welcomed Jahyeong Ku and Kwang Sun Lee from Jipyong as partners in February 2023.
Client feedback
"They were professional in legal due diligence, and their feedback was prompt and reliable." – Corporate and M&A
"They were professional and enthusiastic." – Insurance
"Firstly, Yulchon's approach to the case was admirable. Despite the challenging situation due to Smartscore's extensive preparation and lawsuit, Yulchon provided us with psychological stability by demonstrating their passion and preparedness for various scenarios. Secondly, and more importantly, their legal reasoning was solid. While proving that our applications and solutions did not copy theirs, Yulchon discovered numerous prior technologies in preparation for various claims. Building on this, they employed a strategy to refute their premise, asserting that the imitated technology itself lacked originality. To be honest, I was amazed when I received the preparation letter. I have worked on several cases with other law firms, but it's rare to find a flawless and logically sound document that considers all possible scenarios from the outset. This made a positive impression on the judge during the hearing (even though it was a provisional hearing) and instilled confidence in the case. In summary, the lawsuit strategy presented by Yulchon was creative yet well-founded, leading us in a positive direction. Additionally, they provided various examples to support their logic, demonstrating their passion for delving into even the minutest technological details. Consequently, they submitted a perfectly prepared document. Their professionalism and passionate attitude, two qualities we value in our lawyers, were evident." – Intellectual property
"Their ability to handle complex and sophisticated matters is truly commendable. They navigate intricate issues with finesse and expertise, unmatched by others. They consistently demonstrate exceptional skill, competence and strategic thinking in challenging scenarios. Their astute analysis, sharp problem-solving skills and comprehensive understanding of intricate matters are truly impressive. They exhibit a remarkable ability to unravel complex issues and propose innovative solutions. Their proficiency in handling intricate and sophisticated matters is exceptional, distinguishing them in their field. Additionally, they possess a diverse range of expertise and skills that span various areas, enabling them to approach projects from multiple angles. The team members demonstrate a profound understanding of their respective fields and showcase a broad knowledge base. Their collective capabilities and depth of knowledge enable them to effectively handle complex and multifaceted tasks. Furthermore, their seamless collaboration and leveraging of each other's strengths contribute to the team's overall effectiveness. In summary, their team's depth and breadth are truly impressive, positioning them as a formidable force in their field." – Intellectual property
Yun Heui Cho
“Lawyer Cho is a former judge, and he's good at pleading for the court to understand.”
Yong Whan Choi
“Mr. Choi is the best lawyer related to tax fields in Korea, and that is why we are now working with Yulchon. I believe that there is not any work without Mr. Choi. He is creative and knowledgeable with a professional attitude.”
Hee Woo Jo
“First, he quickly recognises what the client wants and needs and comes back unconditionally the next meeting. Thanks to this, I can proceed with the fast-paced case comfortably and entrust it. Also, he has a rare and perfect expertise in this area. In this field, the industry has changed and diversified so rapidly that it is very difficult to grasp the contents, and other lawyers only understand it by gathering and learning a lot of information, but he is already very familiar with this industry and knows all the latest technologies, laws, precedents and trends. That is why we could follow his lead, and move in the correct direction accordingly, because we could believe that he knew everything and was managing it, even if we didn't know everything.”
Jin Kook Lee
“His fast feedback and problem-solving ability made the project progress favourably for our company.”
Yong Min Lee
“He has consistently delivered exceptional legal services, demonstrating an unparalleled level of expertise. With a deep understanding of the law and an unwavering commitment to excellence, he has consistently achieved outstanding results for us. His meticulous approach to legal matters, combined with his strategic thinking and sharp analytical skills, has enabled him to navigate complex legal issues with precision and effectiveness. We can trust in his ability to provide comprehensive and tailored legal solutions that meet our specific needs.”
Hyun Hwa Shin
“Hyunhwa offers a customer-oriented service backed by a high level of understanding and expertise in the insurance industry.”
Kyung Ae Yoon
“As a former examiner at the Patent and Trademark Office, her patent analysis is accurate and fast.”
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.
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 area. 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 including Indonesia, Myanmar, Laos and Vietnam.
Client feedback
“Professional with good communication skills.” – Media and entertainment
Moonhee Kim
“She is professional in the media and entertainment field.”
Work highlights
Represented a number of insurers in disputes relating to whether the insurer was obligated to explain the medical criteria for determining cancer based on the primary site of cancer, as contained in the insurance policy, to the policyholder.
Represented a client in a dispute surrounding a medical reimbursement insurance policy with respect to the co-payment ceiling.
Key clients
Hanwha Life Insurance, Postal Insurance, Samsung Fire & Marine Insurance.
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, peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s aviation and shopping pillar gained two additional lawyers from peer firms, while the banking and finance team was boosted by three. In 2022, the firm’s dispute resolution practice and IP practice witnessed the addition of 18 and five new hires, respectively. Regrettably for the firm’s energy practice, three practitioners departed to Shim & Kim in 2023.
Client feedback
“They have strong internal teams consisting of various experts, including non-attorneys. Together with these strong internal teams, the attorneys provide practical advice. Overall, their work quality is excellent compared to other top-tier law firms in Korea.” – Banking and finance
“They not only know the substance but are also able to provide strategic guidance to help navigate the most challenging legal issues.” – Competition/antitrust
“Kim & Chang views the works and projects in detail but also overall, and presents issues and solutions before the client realises there could be a problem.” – Corporate and M&A
“Cutting-edge expertise and vast experience in M&A.” – Corporate and M&A
“The firm has great expertise in all legal areas and full resources to support clients.” – Corporate and M&A
“Accurate analysis of applicable local laws and practical advising on drafting a deal structure.” – Corporate and M&A
“They are brilliant communicators and can handle very difficult personalities diplomatically and with great charm. Their legal advice is strong and they are well organised and able to get through large volumes of work against tight deadlines.” – Dispute resolution
“Kim and Chang lawyers are professional, ethical and very smart. They quickly grasped detailed technical positions and smoothly integrated our technical analysis into legal briefs and presentations. I had confidence from the beginning that Kim and Chang was interested in seeing justice done more than in 'just winning'. On this point, they never wavered.” – Dispute resolution
“They have provided legal analysis thoroughly and timely, and coped with hearings well. They have communicated with our client from time to time to deliver and discuss implications and next steps.” – Dispute resolution
“One-stop shop – expertise in all aspects of law, and understanding the client's needs.” – Energy
“The offshore wind farm development project involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Energy
“The firm conducted due diligence well and provided advice on what needed to be checked and repaired for the upcoming deal. Throughout the process, they provided us with relevant and convincing materials, which made negotiations with the buyer easier for me.” – Infrastructure
“Expertise on the insurance sector, and good communication with local regulators.” – Insurance
“Kim & Chang was able to win the lawsuit with perfect legal reasoning and relentless diligence.” – Insurance
“Professional service with strong team members.” – Intellectual property
“Very professional.” – Intellectual property
“They do everything extremely well, in a cost-efficient manner. They have their usual personnel working on matters, and bring in additional expertise as needed to address the current issues.” – Intellectual property
“Very strategic and practical, obtaining excellent results.” – Intellectual property
“A truly international approach, a team of highly knowledgeable and responsive lawyers.” – Intellectual property
“Kim & Chang's lawyers and patent attorneys are highly skilled and have the best teamwork. With Kim & Chang, no matter the day or time, the responsiveness is great, and they never fail to provide immediate, in-depth analysis. They also knew exactly what we needed and went beyond what we asked for. Further, the team provided tech intelligence advice using their IP and tech data analysis, which helped our firm’s successful investment in the related technology.” – Intellectual property
“It is amiable and professional. Also, it is good at patent invalidation trials.” – Intellectual property
“They have a deep knowledge of the local patent law and practice and can provide advice even in the most complicated situations – they have a team of lawyers who can provide legal assistance in litigations and also expertise in regulatory matters – so covering almost all topics of interest for the pharmaceutical industry.” – Intellectual property
“Very competent and reliable advice.” – Intellectual property
“Kim & Chang successfully collated various data such as academic papers and financial information utilising patent data as a key input. The outcome provided integrated insight with a patent-based perspective on their industry and competitors.” – Intellectual property
“Professional but agile and adaptive advice and services. The team moves with urgency. Knows what is important and really strives to act on behalf of the client on various cases.” – Intellectual property
“The firm provided a well-balanced view and practical solution. They are the experts on Korean laws and Korean courts cases.” – Labour and employment
“Kim & Chang did a wonderful job defending Google before multiple regulators on our employment decisions.” – Labour and employment
“As we don't have global employment law team members based in South Korea, Kim & Chang are advising us on an ongoing basis. They are super-responsive, provide clear and pragmatic advice, great English and communication skills and also know and share relevant local practice as needed.” – Labour and employment
“Kim and Chang act as a trusted adviser. They understand our business and its associated values which underpin decision-making on labour and employment matters. They partner with us to discuss and strategise issues and adopt a commercially practical approach. They are responsive, often being available at short notice, and have unrivalled depth of experience in their team in the labour and employment space.” – Labour and employment
“Responsiveness, promptness, professionalism. Details.” – Labour and employment
“Professional team members including lawyers, tax lawyers, patent and trademark attorneys and accountants work in close coordination with each other.” – Private equity
“Most comprehensive services customised for M&A with breadth and depth of legal advice unparalleled in the market.” – Private equity
“Identified key regulation issues and mitigated several legal risk factors so that we could make improvements on the deals and eventually completed them.” – Private equity
“Even when we ask for very tight deadlines, Kim & Chang gets things done on time.” – Real estate
“Kim & Chang's professional assets and infrastructures.” – Regulatory
“The offshore wind farm complex development project at issues involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Regulatory
“They fully understand the legal and factual issues and suggest legally persuasive explanations to a court.” – Regulatory
“They very well understand the core issue and provide pragmatic solutions with accuracy and detail.” – Regulatory
“They are very professional.” – Tax
“We will continue to believe in their capabilities and will continue to strengthen our partnership." – Tax
“Understanding the arguments that can be made in defence of the company, and being willing to do so despite an aggressive government investigatory approach. Excellent English skills were instrumental, and their sense of urgency was key.” – Tax
“Kim & Chang is very responsive and understands the company’s needs and goals. Kim & Chang has a well-established group of attorneys and other professionals to manage relations with taxing authorities.” – Tax
“Kim & Chang boasted a team of highly skilled legal specialists proficient in various fields, enabling them to handle a diverse array of issues. Notably, the key counterpart attorneys representing our company were not only trustworthy but also proactive experts in their respective domains.” – Tax
“The first insight is to have a broad perspective on the case. It involves considering the potential impact of the case on the company in the future and exploring solutions from an overall standpoint.” – Tax
“Thoughtful, thorough and responsive.” – Tax
“Kim & Chang is unique in its position that it can support the client throughout different phases of business, from planning (by giving opinions) to implementation (by supporting APA) to tax office level audit (by assisting tax audit and MAP) and to court level audit (by defending the client at court). This enables the efficient retention of historical information and application of a consistent tax position. Simultaneously, Kim & Chang can provide a holistic review from non-tax angles, such as reporting obligations based on other laws. This helps the client to be ready for unforeseen legal obligations.” – Tax
Jay Kim
“Good communication skills and strategic advice. Jay is one of the best client managers I have ever known.”
In Hwan Kim
“Very professional.”
“In Hwan is totally invested in providing the best legal and business advice possible, regardless of the matter. He is extremely knowledgeable, and adds team members as needed. Our matter was and still is the first and only case to successfully recapture the price reduction of an original drug after generic entry.”
Daniel Kim
“Very competent, clear and reliable advice.”
Wan Suk Kim
“He gives quick and straightforward answers.”
John Kwak
“Knowledgeable and responsive.”
Kyung Yul Lee
“He understands the legal and political landscape very well and is able to provide effective guidance. He is always willing to make the extra effort to ensure that his and his team's advice is helpful.”
Min-Ho Lee
“Provides a solution based on an in-depth knowledge of the customer through excellent communication.”
Chunsoo Lee
“He showed practical and professional advice, good teamwork and problem-solving skills.”
Hyo Je Lee
“He is a very brilliant lawyer with a brilliant career, but he is also very honest and humble.”
Jongmin Lee
“Full engagement with the legal process, and very good experience and knowledge of IP and information security affairs.”
Yoonchang (Marcus) Lee
“He is smart and benevolent. He communicates well with the clients. Also, he is good at patent trials/lawsuits.”
Hwan Beom Lee
“Very responsive and swift action, pragmatic approach. He is very speedy and strategic.”
Shin Kwon Lim
“He is very thorough and has high knowledge and experience in the area.”
“A brilliant legal mind, Shin Kwon is also very efficient and responsive, which makes him an ideal counsel for complex M&A transactions.”
“He suggested acceptable solutions whenever I encountered unexpected problems, which was very valuable.”
Tae-Yeon Nam
“Very professional and shows depth of knowledge.”
Min-Young Oh
“Wide spectrum of knowledge spanning many fields, and understands the client's needs.”
Joon Hwan Park
“As a senior attorney in the maritime and energy fields, I understand Joonhwan has considerable experience and knowledge in the relevant field. He is very efficient and helpful in addressing licensing issues and is capable of handling work in the most proper and efficient manner. His communication skills are excellent in that he truly understands clients’ needs.”
Jong Hyun Park
“Great assessment of situation and potential risks; proactive and creative problem-solving; and willingness to go out of his way to find a solution in all situations.”
Jae Suk Park
“Provides solutions based on an in-depth knowledge of the customer's needs through excellent communication, with integrity, accountability and a commitment to ethics, while demonstrating resilience and enthusiasm.”
“Jae Suk Park, who is our business partner, prepared a well-organised ACVA filing strategy. It aligned well with the latest practice and trend. He and his team are highly qualified to achieve what the client wants.”
Soyun Park
“She is an incredibly talented and proactive tax specialist who possesses a friendly demeanour. Furthermore, she has a customer-centric mindset, always anticipating the potential needs of clients and proactively addressing hidden risks in advance. Without a doubt, she is one of the finest lawyers I have ever worked.”
Joel Richardson
“He has great communication skills (orally and in writing). He thinks very rapidly in a courtroom environment. He is very ethical. He has an excellent personality. He treats his co-workers with great respect. He does not take contrary opinions personally.”
“Excellent communication and legal knowledge, applying strategic thinking and responsiveness.”
“Partner Joel Richardson and his team are amazing. They know the law, the market, and are quick learners about the technology. They exhibit excellent judgement – prudent but not overly risk averse.”
Yoon Sang Sim
“Reliability and high level of expertise.”
“Yoon Sang is very responsive and provides concise and practical advice. Yong Sang effectively leads other attorneys and professionals.”
Bumkyu Sung
“Provides professional and practical advice with a very responsive and timely manner, demonstrating a deep understanding of the finance industry.”
Work highlights
Represented a life insurance company in a lawsuit filed by policyholders involving a dispute regarding the amount of annuity payment owed under the policy. This case arose out of a dispute over the calculation of annuity payments under an annuity insurance product that the defendant insurer had sold. The implications of this case were significant because a number of other insurers had sold similar insurance products in the market. This case provided much-needed guidance on the information that should be included in the terms of an annuity insurance contract and the scope of the insurers’ obligation to explain the terms of such annuity insurance products.
An undisputed premier firm, Lee & Ko holds steady in the rankings as a fool-proof 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 developments in the last 12 months include the departure of banking and finance partner HK (Helen) Sohn to Yoon & Yang. On the other hand, the firm’s capital markets practice welcomed Taekyoung Kwon and Dajeong Kim as partners. Furthermore, Sujin Jun joined the firm’s antitrust/competition team from the Seoul High Court, while Young Jin Kim joined the labour and employment practice after serving as a judge in the Seoul District Court, Seoul High Court, and ultimately the Korean Supreme Court. The firm’s corporate and M&A team has also been expanding over the past year, with five new partners on board. Its dispute resolution team also welcomed 11 new partners.
Client feedback
“Lee & Ko is able to understand the intricacies of air mileage system. There was little precedent for examination of air mileage, but Lee & Ko was able to develop a comprehensive argument using similar cases as the basis.” – Aviation
“Lee & Ko’s client service is unsurpassed. Considering the stakes, I make frequent requests, require detailed explanations to questions and at times probably ask more of Lee & Ko than other clients, but Lee & Ko always responds promptly and provides detailed answers that not only take into account our commercial interests, but our legal fees as well. If you are looking for the highest quality service with the best value, I could not recommend any other firm.” – Competition/antitrust
“The attorneys at Lee & Ko are very professional and devoted. Their fee charge is reasonable.” – Competition/antitrust
"They are professional and dedicated to their clients. They have demonstrated excellent practice." – Competition/antitrust
“They are loyal to our company and do the best for the client's needs.” – Corporate and M&A
“Dedicated team with the most professional and in-depth legal service.” – Corporate and M&A
“Lee & Ko provides excellent service in an efficient manner.” – Corporate and M&A
"Lee & Ko provided timely and necessary advisory opinions based on extensive legal knowledge and experience.” – Corporate and M&A
"The firm demonstrates a careful and serious approach to their work. They have a strong ability to identify and address issues, while also excelling in interpreting the specific needs of their clients.” – Corporate and M&A
“Provides timely and accurate information needed for decision-making.” – Corporate and M&A
“Very effective arbitration counsel. They are thorough, tenacious and collegial. One of the best in South Korea by far.” – Dispute resolution
“Lee & Ko has separate teams for each problem field, so it is always possible to respond in all directions as it reacts quickly to advice and shares intellectual experience in each field.” – Dispute resolution
“They are loyal to the client, experienced and cost-efficient.” – Insurance
“They try to provide specific answers on the client's question.” – Insurance
“Lee & Ko in South Korea has been faithfully responding to lawsuits by understanding the issues that customers need to respond to and supporting them with sufficient evidence.” – Labour and employment
“Professional in both jurisdictions in South Korea, the US and Europe. We had local law firms in the target countries but Lee & Ko have had good communication and cooperation with the firms and their professionals.” – Real estate
“They provide detailed and helpful advice.” – Shipping
“The provision of useful information and active customer care.” – Tax
Seungwan Hahm
“Based on our professional legal knowledge, he presents a feasible plan along with detailed explanations.”
Jong Youn Han
“Her leadership, strategy and thoughtful approach to each step of this case, from the investigation to the consent order, is one of the biggest factors in our successful thus far. She provides us with a variety of strategies and alternative courses of action, which is crucial as we have experienced a number of hurdles to overcome in reaching the consent order. Her oversight and strategic insight is unmatched. If you are looking for an answer to a question, you could consult a number of lawyers from top firms, but if you are looking for multiple strategic solutions to an issue based on your specific needs, I can recommend Jong Youn Han.”
Joo Hye Hong
“She has a high level of analysis and understanding of her case. Her oral arguments are always convincing and systematic.”
Jinyoung Jung
“Very knowledgeable and hard-working.”
Jang Hyun Ka
“He has deep knowledge and experience in antitrust law. He is exceptional at responding to government investigations and litigation.”
Sang Gon Kim
“Sang Gon possesses professional knowledge, a strong network, and effective customer management skills."
Miji Lee
“She explains very specifically and clearly to clients.”
“She enthusiastically answers everything.”
Ho Joon Moon
“The best lawyer I can rely on in the field of corporate M&A. He demonstrates deep knowledge and experience. He is extremely thoughtful and insightful. No other lawyer in Korea can match.”
“He is one of the most experienced corporate M&A lawyers in South Korea. He has deep understanding of complex legal issues, is very responsive and has a high commercial awareness with a client-service mindset.”
Jae Heon Park
“Very experienced.”
Ji Young Tae
“She is very responsive to the client’s needs. She provides practical and in-depth advice.”
Robert Wachter
“One of the best cross-examiners in Asia. He is also very good at framing his case in a simple and straightforward way.”
Dong Seok Woo
“Dongseok prioritises client responsibility, effective communication, and employs professionals with expertise in the real estate sector.”
Yang Ho Yoon
"He is highly experienced and focused when it comes to providing professional services. He also demonstrates a keen understanding of commercial aspects."
Work highlights
Representing Kyobo Life Insurance in appeal proceedings regarding an insurance claim dispute involving immediate annuities lodged by a group of policyholders. This is a seminal case where the firm steered the appellate court’s reversal of not only the lower court’s decision but also the position taken by the Financial Supervisory Service, and the appellate court’s decision will be highly influential for the ongoing litigation and its progeny.
Key clients
Corstone Growth Strategy M&A Private Equity Fund, Hannover RE, Institute of Actuaries of Korea.
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 banking and finance team had three promotions in May 2023: Hee Young Park, Jaecheong Oh and Na Yu were promoted to partners. It also welcomed Ji Hoon Kim, Jongki Kim and Dong Jun Park as partners in 2022. The firm’s competition/antitrust team hired Seung Hyeon Sung from Yoon & Yang as a partner in May 2022. Eui-Rae Kim and Soon-Youl Kwon also joined as partners from Ministry of Justice and Seoul High Court, respectively. The firm’s M&A team lured Hyun Kim, Sang Min Lee and Yeon Woo Choi as partners from Lee & Ko in October 2022.
Work highlights
Advised AIG Insurance Company on its launch of tax liability insurance. This was the first review that concluded that tax investigations or taxation (events which the tax insurance product was designed to insure) could be recognised as an insured event under the Insurance Business Act.
Advised Heungkuk Life Insurance on the review of fundraising plan.
Key clients
Chubb Life insurance Korea, Lockton Overseas, Samsung Life Insurance
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 more than 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. The labour and employment team welcomed Jahyeong Ku and Kwang Sun Lee from Jipyong as partners in February 2023.
Client feedback
"They were professional in legal due diligence, and their feedback was prompt and reliable." – Corporate and M&A
"They were professional and enthusiastic." – Insurance
"Firstly, Yulchon's approach to the case was admirable. Despite the challenging situation due to Smartscore's extensive preparation and lawsuit, Yulchon provided us with psychological stability by demonstrating their passion and preparedness for various scenarios. Secondly, and more importantly, their legal reasoning was solid. While proving that our applications and solutions did not copy theirs, Yulchon discovered numerous prior technologies in preparation for various claims. Building on this, they employed a strategy to refute their premise, asserting that the imitated technology itself lacked originality. To be honest, I was amazed when I received the preparation letter. I have worked on several cases with other law firms, but it's rare to find a flawless and logically sound document that considers all possible scenarios from the outset. This made a positive impression on the judge during the hearing (even though it was a provisional hearing) and instilled confidence in the case. In summary, the lawsuit strategy presented by Yulchon was creative yet well-founded, leading us in a positive direction. Additionally, they provided various examples to support their logic, demonstrating their passion for delving into even the minutest technological details. Consequently, they submitted a perfectly prepared document. Their professionalism and passionate attitude, two qualities we value in our lawyers, were evident." – Intellectual property
"Their ability to handle complex and sophisticated matters is truly commendable. They navigate intricate issues with finesse and expertise, unmatched by others. They consistently demonstrate exceptional skill, competence and strategic thinking in challenging scenarios. Their astute analysis, sharp problem-solving skills and comprehensive understanding of intricate matters are truly impressive. They exhibit a remarkable ability to unravel complex issues and propose innovative solutions. Their proficiency in handling intricate and sophisticated matters is exceptional, distinguishing them in their field. Additionally, they possess a diverse range of expertise and skills that span various areas, enabling them to approach projects from multiple angles. The team members demonstrate a profound understanding of their respective fields and showcase a broad knowledge base. Their collective capabilities and depth of knowledge enable them to effectively handle complex and multifaceted tasks. Furthermore, their seamless collaboration and leveraging of each other's strengths contribute to the team's overall effectiveness. In summary, their team's depth and breadth are truly impressive, positioning them as a formidable force in their field." – Intellectual property
Yun Heui Cho
“Lawyer Cho is a former judge, and he's good at pleading for the court to understand.”
Yong Whan Choi
“Mr. Choi is the best lawyer related to tax fields in Korea, and that is why we are now working with Yulchon. I believe that there is not any work without Mr. Choi. He is creative and knowledgeable with a professional attitude.”
Hee Woo Jo
“First, he quickly recognises what the client wants and needs and comes back unconditionally the next meeting. Thanks to this, I can proceed with the fast-paced case comfortably and entrust it. Also, he has a rare and perfect expertise in this area. In this field, the industry has changed and diversified so rapidly that it is very difficult to grasp the contents, and other lawyers only understand it by gathering and learning a lot of information, but he is already very familiar with this industry and knows all the latest technologies, laws, precedents and trends. That is why we could follow his lead, and move in the correct direction accordingly, because we could believe that he knew everything and was managing it, even if we didn't know everything.”
Jin Kook Lee
“His fast feedback and problem-solving ability made the project progress favourably for our company.”
Yong Min Lee
“He has consistently delivered exceptional legal services, demonstrating an unparalleled level of expertise. With a deep understanding of the law and an unwavering commitment to excellence, he has consistently achieved outstanding results for us. His meticulous approach to legal matters, combined with his strategic thinking and sharp analytical skills, has enabled him to navigate complex legal issues with precision and effectiveness. We can trust in his ability to provide comprehensive and tailored legal solutions that meet our specific needs.”
Hyun Hwa Shin
“Hyunhwa offers a customer-oriented service backed by a high level of understanding and expertise in the insurance industry.”
Kyung Ae Yoon
“As a former examiner at the Patent and Trademark Office, her patent analysis is accurate and fast.”
Work highlights
Advised KB Financial Group, KB Life Insurance and Prudential Life Insurance on Prudential Life Insurance’s merger with KB Life Insurance, with Prudential Life Insurance being the surviving company.
Advised Hanwha Life Financial Service on its acquisition of People Life.
Acted as legal adviser 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
KCC Corporation, Korea Fire Protection Association, Kyobo Life Insurance.
IP-focused firm Cho & Partners was established in 2002 by partners 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 Organization.
Client feedback
"While Cho & Partners is a smaller boutique firm, they competently compete with the largest general practice firms in Korea both in terms of capabilities and the quality of clients they represent. Even for us, the trademark work was transferred to Cho & Partners several years ago from one of the largest firms in Korea." – Intellectual property
"They possess expertise in their field, are attentive to their clients' needs, and consistently deliver excellent results." – Intellectual property
Tae-Yeon Cho
“One of the key strengths of Mr. Cho is his creativity and willingness to think outside the box to find practical solutions even in complex matters. He is very strong in formulating long-term strategies, always looking several steps ahead of others.”
Ik-Hyun Seo
“He is a reliable partner. Extremely professional and knowledgeable in the field of IP and brand protection.”
Work highlights
Represented Microsoft Corporation in litigation against Asiamuyeok for cancellation of their domain name and for an injunction against their sale of product keys for Windows 10 program software on their website. This case regarding product keys provided with licensed software marks the first time such an issue has been considered by the courts in Korea. The ruling is therefore likely to have important ramifications for the common unauthorised resale of product keys in the country, setting a new legal precedent on this matter.
Represented French luxury fashion house Louis Vuitton in a civil action against Korean entities that organised an exhibition featuring works from an artist who uses logos of world-famous companies in his works, as among the works displayed at the exhibition were works using modified versions of Louis Vuitton’s logo. This particular case presents an intriguing matter pertaining to the definition of protected art and the boundaries of fair use, which remains untested within the Korean judicial system.
Key clients
Apple, Burberry, Crocs, Intel.
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 area. 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 including Indonesia, Myanmar, Laos and Vietnam.
Client feedback
“Professional with good communication skills.” – Media and entertainment
Moonhee Kim
“She is professional in the media and entertainment field.”
Work highlights
Successfully represented South Korean multinational drink, brewing and distiller company HiteJinro in a trial for confirmation of the scope of registered design rights and obtained a trial ruling of dismissal.
Represented Sejong Platec in a Supreme Court appeal. The case centred around the interpretation of legal principles concerning the starting date for a subsequent completion appeal following a decision made through public notice. The Supreme Court ruled in favour of the firm’s client, overturning the lower court's decision.
Represented DaePoong Industry in defending a trademark infringement claim filed by Sangji Caelum and obtained the decision to dismiss the claim for injunctive relief at the court of first instance and a decision of dismissal of appeal at the court of appeal.
Key clients
Kakao Entertainment, National Museum of Modern and Contemporary Art, TSE.
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, peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s aviation and shopping pillar gained two additional lawyers from peer firms, while the banking and finance team was boosted by three. In 2022, the firm’s dispute resolution practice and IP practice witnessed the addition of 18 and five new hires, respectively. Regrettably for the firm’s energy practice, three practitioners departed to Shim & Kim in 2023.
Client feedback
“They have strong internal teams consisting of various experts, including non-attorneys. Together with these strong internal teams, the attorneys provide practical advice. Overall, their work quality is excellent compared to other top-tier law firms in Korea.” – Banking and finance
“They not only know the substance but are also able to provide strategic guidance to help navigate the most challenging legal issues.” – Competition/antitrust
“Kim & Chang views the works and projects in detail but also overall, and presents issues and solutions before the client realises there could be a problem.” – Corporate and M&A
“Cutting-edge expertise and vast experience in M&A.” – Corporate and M&A
“The firm has great expertise in all legal areas and full resources to support clients.” – Corporate and M&A
“Accurate analysis of applicable local laws and practical advising on drafting a deal structure.” – Corporate and M&A
“They are brilliant communicators and can handle very difficult personalities diplomatically and with great charm. Their legal advice is strong and they are well organised and able to get through large volumes of work against tight deadlines.” – Dispute resolution
“Kim and Chang lawyers are professional, ethical and very smart. They quickly grasped detailed technical positions and smoothly integrated our technical analysis into legal briefs and presentations. I had confidence from the beginning that Kim and Chang was interested in seeing justice done more than in 'just winning'. On this point, they never wavered.” – Dispute resolution
“They have provided legal analysis thoroughly and timely, and coped with hearings well. They have communicated with our client from time to time to deliver and discuss implications and next steps.” – Dispute resolution
“One-stop shop – expertise in all aspects of law, and understanding the client's needs.” – Energy
“The offshore wind farm development project involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Energy
“The firm conducted due diligence well and provided advice on what needed to be checked and repaired for the upcoming deal. Throughout the process, they provided us with relevant and convincing materials, which made negotiations with the buyer easier for me.” – Infrastructure
“Expertise on the insurance sector, and good communication with local regulators.” – Insurance
“Kim & Chang was able to win the lawsuit with perfect legal reasoning and relentless diligence.” – Insurance
“Professional service with strong team members.” – Intellectual property
“Very professional.” – Intellectual property
“They do everything extremely well, in a cost-efficient manner. They have their usual personnel working on matters, and bring in additional expertise as needed to address the current issues.” – Intellectual property
“Very strategic and practical, obtaining excellent results.” – Intellectual property
“A truly international approach, a team of highly knowledgeable and responsive lawyers.” – Intellectual property
“Kim & Chang's lawyers and patent attorneys are highly skilled and have the best teamwork. With Kim & Chang, no matter the day or time, the responsiveness is great, and they never fail to provide immediate, in-depth analysis. They also knew exactly what we needed and went beyond what we asked for. Further, the team provided tech intelligence advice using their IP and tech data analysis, which helped our firm’s successful investment in the related technology.” – Intellectual property
“It is amiable and professional. Also, it is good at patent invalidation trials.” – Intellectual property
“They have a deep knowledge of the local patent law and practice and can provide advice even in the most complicated situations – they have a team of lawyers who can provide legal assistance in litigations and also expertise in regulatory matters – so covering almost all topics of interest for the pharmaceutical industry.” – Intellectual property
“Very competent and reliable advice.” – Intellectual property
“Kim & Chang successfully collated various data such as academic papers and financial information utilising patent data as a key input. The outcome provided integrated insight with a patent-based perspective on their industry and competitors.” – Intellectual property
“Professional but agile and adaptive advice and services. The team moves with urgency. Knows what is important and really strives to act on behalf of the client on various cases.” – Intellectual property
“The firm provided a well-balanced view and practical solution. They are the experts on Korean laws and Korean courts cases.” – Labour and employment
“Kim & Chang did a wonderful job defending Google before multiple regulators on our employment decisions.” – Labour and employment
“As we don't have global employment law team members based in South Korea, Kim & Chang are advising us on an ongoing basis. They are super-responsive, provide clear and pragmatic advice, great English and communication skills and also know and share relevant local practice as needed.” – Labour and employment
“Kim and Chang act as a trusted adviser. They understand our business and its associated values which underpin decision-making on labour and employment matters. They partner with us to discuss and strategise issues and adopt a commercially practical approach. They are responsive, often being available at short notice, and have unrivalled depth of experience in their team in the labour and employment space.” – Labour and employment
“Responsiveness, promptness, professionalism. Details.” – Labour and employment
“Professional team members including lawyers, tax lawyers, patent and trademark attorneys and accountants work in close coordination with each other.” – Private equity
“Most comprehensive services customised for M&A with breadth and depth of legal advice unparalleled in the market.” – Private equity
“Identified key regulation issues and mitigated several legal risk factors so that we could make improvements on the deals and eventually completed them.” – Private equity
“Even when we ask for very tight deadlines, Kim & Chang gets things done on time.” – Real estate
“Kim & Chang's professional assets and infrastructures.” – Regulatory
“The offshore wind farm complex development project at issues involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Regulatory
“They fully understand the legal and factual issues and suggest legally persuasive explanations to a court.” – Regulatory
“They very well understand the core issue and provide pragmatic solutions with accuracy and detail.” – Regulatory
“They are very professional.” – Tax
“We will continue to believe in their capabilities and will continue to strengthen our partnership." – Tax
“Understanding the arguments that can be made in defence of the company, and being willing to do so despite an aggressive government investigatory approach. Excellent English skills were instrumental, and their sense of urgency was key.” – Tax
“Kim & Chang is very responsive and understands the company’s needs and goals. Kim & Chang has a well-established group of attorneys and other professionals to manage relations with taxing authorities.” – Tax
“Kim & Chang boasted a team of highly skilled legal specialists proficient in various fields, enabling them to handle a diverse array of issues. Notably, the key counterpart attorneys representing our company were not only trustworthy but also proactive experts in their respective domains.” – Tax
“The first insight is to have a broad perspective on the case. It involves considering the potential impact of the case on the company in the future and exploring solutions from an overall standpoint.” – Tax
“Thoughtful, thorough and responsive.” – Tax
“Kim & Chang is unique in its position that it can support the client throughout different phases of business, from planning (by giving opinions) to implementation (by supporting APA) to tax office level audit (by assisting tax audit and MAP) and to court level audit (by defending the client at court). This enables the efficient retention of historical information and application of a consistent tax position. Simultaneously, Kim & Chang can provide a holistic review from non-tax angles, such as reporting obligations based on other laws. This helps the client to be ready for unforeseen legal obligations.” – Tax
Jay Kim
“Good communication skills and strategic advice. Jay is one of the best client managers I have ever known.”
In Hwan Kim
“Very professional.”
“In Hwan is totally invested in providing the best legal and business advice possible, regardless of the matter. He is extremely knowledgeable, and adds team members as needed. Our matter was and still is the first and only case to successfully recapture the price reduction of an original drug after generic entry.”
Daniel Kim
“Very competent, clear and reliable advice.”
Wan Suk Kim
“He gives quick and straightforward answers.”
John Kwak
“Knowledgeable and responsive.”
Kyung Yul Lee
“He understands the legal and political landscape very well and is able to provide effective guidance. He is always willing to make the extra effort to ensure that his and his team's advice is helpful.”
Min-Ho Lee
“Provides a solution based on an in-depth knowledge of the customer through excellent communication.”
Chunsoo Lee
“He showed practical and professional advice, good teamwork and problem-solving skills.”
Hyo Je Lee
“He is a very brilliant lawyer with a brilliant career, but he is also very honest and humble.”
Jongmin Lee
“Full engagement with the legal process, and very good experience and knowledge of IP and information security affairs.”
Yoonchang (Marcus) Lee
“He is smart and benevolent. He communicates well with the clients. Also, he is good at patent trials/lawsuits.”
Hwan Beom Lee
“Very responsive and swift action, pragmatic approach. He is very speedy and strategic.”
Shin Kwon Lim
“He is very thorough and has high knowledge and experience in the area.”
“A brilliant legal mind, Shin Kwon is also very efficient and responsive, which makes him an ideal counsel for complex M&A transactions.”
“He suggested acceptable solutions whenever I encountered unexpected problems, which was very valuable.”
Tae-Yeon Nam
“Very professional and shows depth of knowledge.”
Min-Young Oh
“Wide spectrum of knowledge spanning many fields, and understands the client's needs.”
Joon Hwan Park
“As a senior attorney in the maritime and energy fields, I understand Joonhwan has considerable experience and knowledge in the relevant field. He is very efficient and helpful in addressing licensing issues and is capable of handling work in the most proper and efficient manner. His communication skills are excellent in that he truly understands clients’ needs.”
Jong Hyun Park
“Great assessment of situation and potential risks; proactive and creative problem-solving; and willingness to go out of his way to find a solution in all situations.”
Jae Suk Park
“Provides solutions based on an in-depth knowledge of the customer's needs through excellent communication, with integrity, accountability and a commitment to ethics, while demonstrating resilience and enthusiasm.”
“Jae Suk Park, who is our business partner, prepared a well-organised ACVA filing strategy. It aligned well with the latest practice and trend. He and his team are highly qualified to achieve what the client wants.”
Soyun Park
“She is an incredibly talented and proactive tax specialist who possesses a friendly demeanour. Furthermore, she has a customer-centric mindset, always anticipating the potential needs of clients and proactively addressing hidden risks in advance. Without a doubt, she is one of the finest lawyers I have ever worked.”
Joel Richardson
“He has great communication skills (orally and in writing). He thinks very rapidly in a courtroom environment. He is very ethical. He has an excellent personality. He treats his co-workers with great respect. He does not take contrary opinions personally.”
“Excellent communication and legal knowledge, applying strategic thinking and responsiveness.”
“Partner Joel Richardson and his team are amazing. They know the law, the market, and are quick learners about the technology. They exhibit excellent judgement – prudent but not overly risk averse.”
Yoon Sang Sim
“Reliability and high level of expertise.”
“Yoon Sang is very responsive and provides concise and practical advice. Yong Sang effectively leads other attorneys and professionals.”
Bumkyu Sung
“Provides professional and practical advice with a very responsive and timely manner, demonstrating a deep understanding of the finance industry.”
Work highlights
Represented Medytox in a trade secret misappropriation litigation against Daewoong.
Acted for a famous fashion company and successfully obtained an injunction and damage compensation against bags imitating the client’s bucket bag.
Represented BGF Retail, a convenience store franchisor, against the Korea Music Copyright Association's claim for approximately $2.21 million as damages or return of unjust enrichment for providing background music at the defendant's convenience stores.
Key clients
Chanel, Victaulic, Wisely.
An undisputed premier firm, Lee & Ko holds steady in the rankings as a fool-proof 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 developments in the last 12 months include the departure of banking and finance partner HK (Helen) Sohn to Yoon & Yang. On the other hand, the firm’s capital markets practice welcomed Taekyoung Kwon and Dajeong Kim as partners. Furthermore, Sujin Jun joined the firm’s antitrust/competition team from the Seoul High Court, while Young Jin Kim joined the labour and employment practice after serving as a judge in the Seoul District Court, Seoul High Court, and ultimately the Korean Supreme Court. The firm’s corporate and M&A team has also been expanding over the past year, with five new partners on board. Its dispute resolution team also welcomed 11 new partners.
Client feedback
“Lee & Ko is able to understand the intricacies of air mileage system. There was little precedent for examination of air mileage, but Lee & Ko was able to develop a comprehensive argument using similar cases as the basis.” – Aviation
“Lee & Ko’s client service is unsurpassed. Considering the stakes, I make frequent requests, require detailed explanations to questions and at times probably ask more of Lee & Ko than other clients, but Lee & Ko always responds promptly and provides detailed answers that not only take into account our commercial interests, but our legal fees as well. If you are looking for the highest quality service with the best value, I could not recommend any other firm.” – Competition/antitrust
“The attorneys at Lee & Ko are very professional and devoted. Their fee charge is reasonable.” – Competition/antitrust
"They are professional and dedicated to their clients. They have demonstrated excellent practice." – Competition/antitrust
“They are loyal to our company and do the best for the client's needs.” – Corporate and M&A
“Dedicated team with the most professional and in-depth legal service.” – Corporate and M&A
“Lee & Ko provides excellent service in an efficient manner.” – Corporate and M&A
"Lee & Ko provided timely and necessary advisory opinions based on extensive legal knowledge and experience.” – Corporate and M&A
"The firm demonstrates a careful and serious approach to their work. They have a strong ability to identify and address issues, while also excelling in interpreting the specific needs of their clients.” – Corporate and M&A
“Provides timely and accurate information needed for decision-making.” – Corporate and M&A
“Very effective arbitration counsel. They are thorough, tenacious and collegial. One of the best in South Korea by far.” – Dispute resolution
“Lee & Ko has separate teams for each problem field, so it is always possible to respond in all directions as it reacts quickly to advice and shares intellectual experience in each field.” – Dispute resolution
“They are loyal to the client, experienced and cost-efficient.” – Insurance
“They try to provide specific answers on the client's question.” – Insurance
“Lee & Ko in South Korea has been faithfully responding to lawsuits by understanding the issues that customers need to respond to and supporting them with sufficient evidence.” – Labour and employment
“Professional in both jurisdictions in South Korea, the US and Europe. We had local law firms in the target countries but Lee & Ko have had good communication and cooperation with the firms and their professionals.” – Real estate
“They provide detailed and helpful advice.” – Shipping
“The provision of useful information and active customer care.” – Tax
Seungwan Hahm
“Based on our professional legal knowledge, he presents a feasible plan along with detailed explanations.”
Jong Youn Han
“Her leadership, strategy and thoughtful approach to each step of this case, from the investigation to the consent order, is one of the biggest factors in our successful thus far. She provides us with a variety of strategies and alternative courses of action, which is crucial as we have experienced a number of hurdles to overcome in reaching the consent order. Her oversight and strategic insight is unmatched. If you are looking for an answer to a question, you could consult a number of lawyers from top firms, but if you are looking for multiple strategic solutions to an issue based on your specific needs, I can recommend Jong Youn Han.”
Joo Hye Hong
“She has a high level of analysis and understanding of her case. Her oral arguments are always convincing and systematic.”
Jinyoung Jung
“Very knowledgeable and hard-working.”
Jang Hyun Ka
“He has deep knowledge and experience in antitrust law. He is exceptional at responding to government investigations and litigation.”
Sang Gon Kim
“Sang Gon possesses professional knowledge, a strong network, and effective customer management skills."
Miji Lee
“She explains very specifically and clearly to clients.”
“She enthusiastically answers everything.”
Ho Joon Moon
“The best lawyer I can rely on in the field of corporate M&A. He demonstrates deep knowledge and experience. He is extremely thoughtful and insightful. No other lawyer in Korea can match.”
“He is one of the most experienced corporate M&A lawyers in South Korea. He has deep understanding of complex legal issues, is very responsive and has a high commercial awareness with a client-service mindset.”
Jae Heon Park
“Very experienced.”
Ji Young Tae
“She is very responsive to the client’s needs. She provides practical and in-depth advice.”
Robert Wachter
“One of the best cross-examiners in Asia. He is also very good at framing his case in a simple and straightforward way.”
Dong Seok Woo
“Dongseok prioritises client responsibility, effective communication, and employs professionals with expertise in the real estate sector.”
Yang Ho Yoon
"He is highly experienced and focused when it comes to providing professional services. He also demonstrates a keen understanding of commercial aspects."
Work highlights
Representing Boryung Pharmaceutical, a Korean pharmaceutical innovator, in negative scope confirmation actions initiated by dozens of generic companies. This case is significant because generally in South Korea, the original drug company’s chance of successfully defending itself against generic companies in negative scope confirmation actions is extremely low.
Representing Coway, a water purifier company, in a patent infringement dispute against the market competitor. This case is one of the high-stakes cases in the purifier industry involving a compensation of damages totalling over W40 billion ($30 million). The amount of compensation damages alone led to wide media coverage characterising the battle between the two water purifier titans as the ‘water purifier war’.
Key clients
KT Corporation, Novartis International, Samsung SDS, SK Telecom.
Lee International IP & Law distinguishes itself among Korean law firms by offering integrated intellectual property services including IP prosecution and litigation legal services. The firm leverages experience in IP valuation, due diligence and licensing to expand its transactional and licensing services. Recently reorganising its litigation group, the firm added seasoned attorneys and former judges to strengthen capabilities across patents, trademarks, copyrights and unfair competition. With expertise across prosecution and litigation, the firm delivers comprehensive solutions from prosecution through dispute resolution, fully protecting clients’ IP rights. Managing partner Taehong (Terry) Kim is a key partner to note. Senior partners Jin-Hoe Kim and Yoon Suk Shin are also key figures.
Work highlights
Advised Intervet International BV and Microbial Chemistry Research Foundation and secured a precedent-setting Supreme Court decision expanding patent eligibility for crystalline forms in Korea. The ruling overturned previous assumptions that crystalline-form derivation lacks technical difficulty. Now crystalline form patents can be obtained by demonstrating technical barriers or unexpected benefits.
Acted for Chapter 4 Corp, the owner of the American street fashion brand Supreme, in a trademark opposition, successfully prevailing against bad faith filings.
Acted for Illinois Tool Works and successfully appealed a final rejection of a patent application relating to ‘air vent For vehicle’ and obtained a decision granting a patent. The decision importantly establishes that when determining inventive step, the functional relationships between elements and the resulting effect, as well as each element's shape and function, must be considered.
Founded in 2013, PI IP Law is an intellectual property specialist firm with a focus on software and artificial intelligence (AI). Its burgeoning reputation in the technology sphere has powered its impressive roster of startup clients, many trusting the firm with their patent-rich portfolios. The firm covers the full spectrum of IP services for its clients, including trademark and patent prosecution, design and litigation. Some of its clients are leaders in the medical AI, smart factory and natural language processing markets. Managing partner Daeho Lee is the executive director of the Korea AI Association and actively provides insights on AI-related IP policies with the government and affiliated research institutions. PI IP Law has its own affiliate IT startup, Sejinmind, which digitises the legal solutions it provides.
Client feedback
“PI IP Law’s well-established system was highly remarkable. Their internal work system has allowed us to enjoy clear communication and timely responses. PI IP Law is able to articulate their technical and legal knowledge in the most effective ways that are best suited for local procedures. This greatly helps in enhancing the chances of patent registration and minimises risks and potential losses on both our and our client's part. Furthermore, their well-organised system is greatly advantageous for us in terms of its cost-effectiveness as well.” – Intellectual property
“High responsiveness rate and high quality of their patent opinion. Young team with already great experience.” – Intellectual property
Daeho Lee
“Since 2016, our firm has been maintaining a strong partnership with PI IP Law, and among many professionals at PI IP Law, managing partner Daeho Lee has been providing valuable guidelines for us with his main expertise in AI and trademark. Over the past six years, Daeho and his team have shown us top-notch quality of work and I strongly believe that they are the best partner I have worked with in South Korea and also many other jurisdictions. Recently, we have been collaborating on work that
requires a wide range of technical and legal insight including both patent and trademark cases, with a heavy focus on electronic engineering patent cases both in South Korea and Norway. Daeho’s cutting-edge solutions are in close coordination with our business objectives, and we were able to develop a robust business relationship with PI IP Law.”
“Proactive and always thinks out of the box.”
Work highlights
Advised a major sports footwear and apparel manufacturer on trademark infringement.
Advised a Chinese video platform operator on infringement of intellectual property rights.
Represented a British fashion label to enter into a licensing agreement with the copyright holder of the famous South Korean cartoon Run Hany, leading both parties to make a successful collaboration.
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, peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s aviation and shopping pillar gained two additional lawyers from peer firms, while the banking and finance team was boosted by three. In 2022, the firm’s dispute resolution practice and IP practice witnessed the addition of 18 and five new hires, respectively. Regrettably for the firm’s energy practice, three practitioners departed to Shim & Kim in 2023.
Client feedback
“They have strong internal teams consisting of various experts, including non-attorneys. Together with these strong internal teams, the attorneys provide practical advice. Overall, their work quality is excellent compared to other top-tier law firms in Korea.” – Banking and finance
“They not only know the substance but are also able to provide strategic guidance to help navigate the most challenging legal issues.” – Competition/antitrust
“Kim & Chang views the works and projects in detail but also overall, and presents issues and solutions before the client realises there could be a problem.” – Corporate and M&A
“Cutting-edge expertise and vast experience in M&A.” – Corporate and M&A
“The firm has great expertise in all legal areas and full resources to support clients.” – Corporate and M&A
“Accurate analysis of applicable local laws and practical advising on drafting a deal structure.” – Corporate and M&A
“They are brilliant communicators and can handle very difficult personalities diplomatically and with great charm. Their legal advice is strong and they are well organised and able to get through large volumes of work against tight deadlines.” – Dispute resolution
“Kim and Chang lawyers are professional, ethical and very smart. They quickly grasped detailed technical positions and smoothly integrated our technical analysis into legal briefs and presentations. I had confidence from the beginning that Kim and Chang was interested in seeing justice done more than in 'just winning'. On this point, they never wavered.” – Dispute resolution
“They have provided legal analysis thoroughly and timely, and coped with hearings well. They have communicated with our client from time to time to deliver and discuss implications and next steps.” – Dispute resolution
“One-stop shop – expertise in all aspects of law, and understanding the client's needs.” – Energy
“The offshore wind farm development project involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Energy
“The firm conducted due diligence well and provided advice on what needed to be checked and repaired for the upcoming deal. Throughout the process, they provided us with relevant and convincing materials, which made negotiations with the buyer easier for me.” – Infrastructure
“Expertise on the insurance sector, and good communication with local regulators.” – Insurance
“Kim & Chang was able to win the lawsuit with perfect legal reasoning and relentless diligence.” – Insurance
“Professional service with strong team members.” – Intellectual property
“Very professional.” – Intellectual property
“They do everything extremely well, in a cost-efficient manner. They have their usual personnel working on matters, and bring in additional expertise as needed to address the current issues.” – Intellectual property
“Very strategic and practical, obtaining excellent results.” – Intellectual property
“A truly international approach, a team of highly knowledgeable and responsive lawyers.” – Intellectual property
“Kim & Chang's lawyers and patent attorneys are highly skilled and have the best teamwork. With Kim & Chang, no matter the day or time, the responsiveness is great, and they never fail to provide immediate, in-depth analysis. They also knew exactly what we needed and went beyond what we asked for. Further, the team provided tech intelligence advice using their IP and tech data analysis, which helped our firm’s successful investment in the related technology.” – Intellectual property
“It is amiable and professional. Also, it is good at patent invalidation trials.” – Intellectual property
“They have a deep knowledge of the local patent law and practice and can provide advice even in the most complicated situations – they have a team of lawyers who can provide legal assistance in litigations and also expertise in regulatory matters – so covering almost all topics of interest for the pharmaceutical industry.” – Intellectual property
“Very competent and reliable advice.” – Intellectual property
“Kim & Chang successfully collated various data such as academic papers and financial information utilising patent data as a key input. The outcome provided integrated insight with a patent-based perspective on their industry and competitors.” – Intellectual property
“Professional but agile and adaptive advice and services. The team moves with urgency. Knows what is important and really strives to act on behalf of the client on various cases.” – Intellectual property
“The firm provided a well-balanced view and practical solution. They are the experts on Korean laws and Korean courts cases.” – Labour and employment
“Kim & Chang did a wonderful job defending Google before multiple regulators on our employment decisions.” – Labour and employment
“As we don't have global employment law team members based in South Korea, Kim & Chang are advising us on an ongoing basis. They are super-responsive, provide clear and pragmatic advice, great English and communication skills and also know and share relevant local practice as needed.” – Labour and employment
“Kim and Chang act as a trusted adviser. They understand our business and its associated values which underpin decision-making on labour and employment matters. They partner with us to discuss and strategise issues and adopt a commercially practical approach. They are responsive, often being available at short notice, and have unrivalled depth of experience in their team in the labour and employment space.” – Labour and employment
“Responsiveness, promptness, professionalism. Details.” – Labour and employment
“Professional team members including lawyers, tax lawyers, patent and trademark attorneys and accountants work in close coordination with each other.” – Private equity
“Most comprehensive services customised for M&A with breadth and depth of legal advice unparalleled in the market.” – Private equity
“Identified key regulation issues and mitigated several legal risk factors so that we could make improvements on the deals and eventually completed them.” – Private equity
“Even when we ask for very tight deadlines, Kim & Chang gets things done on time.” – Real estate
“Kim & Chang's professional assets and infrastructures.” – Regulatory
“The offshore wind farm complex development project at issues involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Regulatory
“They fully understand the legal and factual issues and suggest legally persuasive explanations to a court.” – Regulatory
“They very well understand the core issue and provide pragmatic solutions with accuracy and detail.” – Regulatory
“They are very professional.” – Tax
“We will continue to believe in their capabilities and will continue to strengthen our partnership." – Tax
“Understanding the arguments that can be made in defence of the company, and being willing to do so despite an aggressive government investigatory approach. Excellent English skills were instrumental, and their sense of urgency was key.” – Tax
“Kim & Chang is very responsive and understands the company’s needs and goals. Kim & Chang has a well-established group of attorneys and other professionals to manage relations with taxing authorities.” – Tax
“Kim & Chang boasted a team of highly skilled legal specialists proficient in various fields, enabling them to handle a diverse array of issues. Notably, the key counterpart attorneys representing our company were not only trustworthy but also proactive experts in their respective domains.” – Tax
“The first insight is to have a broad perspective on the case. It involves considering the potential impact of the case on the company in the future and exploring solutions from an overall standpoint.” – Tax
“Thoughtful, thorough and responsive.” – Tax
“Kim & Chang is unique in its position that it can support the client throughout different phases of business, from planning (by giving opinions) to implementation (by supporting APA) to tax office level audit (by assisting tax audit and MAP) and to court level audit (by defending the client at court). This enables the efficient retention of historical information and application of a consistent tax position. Simultaneously, Kim & Chang can provide a holistic review from non-tax angles, such as reporting obligations based on other laws. This helps the client to be ready for unforeseen legal obligations.” – Tax
Jay Kim
“Good communication skills and strategic advice. Jay is one of the best client managers I have ever known.”
In Hwan Kim
“Very professional.”
“In Hwan is totally invested in providing the best legal and business advice possible, regardless of the matter. He is extremely knowledgeable, and adds team members as needed. Our matter was and still is the first and only case to successfully recapture the price reduction of an original drug after generic entry.”
Daniel Kim
“Very competent, clear and reliable advice.”
Wan Suk Kim
“He gives quick and straightforward answers.”
John Kwak
“Knowledgeable and responsive.”
Kyung Yul Lee
“He understands the legal and political landscape very well and is able to provide effective guidance. He is always willing to make the extra effort to ensure that his and his team's advice is helpful.”
Min-Ho Lee
“Provides a solution based on an in-depth knowledge of the customer through excellent communication.”
Chunsoo Lee
“He showed practical and professional advice, good teamwork and problem-solving skills.”
Hyo Je Lee
“He is a very brilliant lawyer with a brilliant career, but he is also very honest and humble.”
Jongmin Lee
“Full engagement with the legal process, and very good experience and knowledge of IP and information security affairs.”
Yoonchang (Marcus) Lee
“He is smart and benevolent. He communicates well with the clients. Also, he is good at patent trials/lawsuits.”
Hwan Beom Lee
“Very responsive and swift action, pragmatic approach. He is very speedy and strategic.”
Shin Kwon Lim
“He is very thorough and has high knowledge and experience in the area.”
“A brilliant legal mind, Shin Kwon is also very efficient and responsive, which makes him an ideal counsel for complex M&A transactions.”
“He suggested acceptable solutions whenever I encountered unexpected problems, which was very valuable.”
Tae-Yeon Nam
“Very professional and shows depth of knowledge.”
Min-Young Oh
“Wide spectrum of knowledge spanning many fields, and understands the client's needs.”
Joon Hwan Park
“As a senior attorney in the maritime and energy fields, I understand Joonhwan has considerable experience and knowledge in the relevant field. He is very efficient and helpful in addressing licensing issues and is capable of handling work in the most proper and efficient manner. His communication skills are excellent in that he truly understands clients’ needs.”
Jong Hyun Park
“Great assessment of situation and potential risks; proactive and creative problem-solving; and willingness to go out of his way to find a solution in all situations.”
Jae Suk Park
“Provides solutions based on an in-depth knowledge of the customer's needs through excellent communication, with integrity, accountability and a commitment to ethics, while demonstrating resilience and enthusiasm.”
“Jae Suk Park, who is our business partner, prepared a well-organised ACVA filing strategy. It aligned well with the latest practice and trend. He and his team are highly qualified to achieve what the client wants.”
Soyun Park
“She is an incredibly talented and proactive tax specialist who possesses a friendly demeanour. Furthermore, she has a customer-centric mindset, always anticipating the potential needs of clients and proactively addressing hidden risks in advance. Without a doubt, she is one of the finest lawyers I have ever worked.”
Joel Richardson
“He has great communication skills (orally and in writing). He thinks very rapidly in a courtroom environment. He is very ethical. He has an excellent personality. He treats his co-workers with great respect. He does not take contrary opinions personally.”
“Excellent communication and legal knowledge, applying strategic thinking and responsiveness.”
“Partner Joel Richardson and his team are amazing. They know the law, the market, and are quick learners about the technology. They exhibit excellent judgement – prudent but not overly risk averse.”
Yoon Sang Sim
“Reliability and high level of expertise.”
“Yoon Sang is very responsive and provides concise and practical advice. Yong Sang effectively leads other attorneys and professionals.”
Bumkyu Sung
“Provides professional and practical advice with a very responsive and timely manner, demonstrating a deep understanding of the finance industry.”
Work highlights
Advised STIC Investments on the establishment of STIC Opportunities Private Equity Fund III.
Advised UCK Partners on the establishment of UCK’s Fund III, the third blind fund established by UCK Partners.
Key clients
IMM Private Equity.
An undisputed premier firm, Lee & Ko holds steady in the rankings as a fool-proof 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 developments in the last 12 months include the departure of banking and finance partner HK (Helen) Sohn to Yoon & Yang. On the other hand, the firm’s capital markets practice welcomed Taekyoung Kwon and Dajeong Kim as partners. Furthermore, Sujin Jun joined the firm’s antitrust/competition team from the Seoul High Court, while Young Jin Kim joined the labour and employment practice after serving as a judge in the Seoul District Court, Seoul High Court, and ultimately the Korean Supreme Court. The firm’s corporate and M&A team has also been expanding over the past year, with five new partners on board. Its dispute resolution team also welcomed 11 new partners.
Client feedback
“Lee & Ko is able to understand the intricacies of air mileage system. There was little precedent for examination of air mileage, but Lee & Ko was able to develop a comprehensive argument using similar cases as the basis.” – Aviation
“Lee & Ko’s client service is unsurpassed. Considering the stakes, I make frequent requests, require detailed explanations to questions and at times probably ask more of Lee & Ko than other clients, but Lee & Ko always responds promptly and provides detailed answers that not only take into account our commercial interests, but our legal fees as well. If you are looking for the highest quality service with the best value, I could not recommend any other firm.” – Competition/antitrust
“The attorneys at Lee & Ko are very professional and devoted. Their fee charge is reasonable.” – Competition/antitrust
"They are professional and dedicated to their clients. They have demonstrated excellent practice." – Competition/antitrust
“They are loyal to our company and do the best for the client's needs.” – Corporate and M&A
“Dedicated team with the most professional and in-depth legal service.” – Corporate and M&A
“Lee & Ko provides excellent service in an efficient manner.” – Corporate and M&A
"Lee & Ko provided timely and necessary advisory opinions based on extensive legal knowledge and experience.” – Corporate and M&A
"The firm demonstrates a careful and serious approach to their work. They have a strong ability to identify and address issues, while also excelling in interpreting the specific needs of their clients.” – Corporate and M&A
“Provides timely and accurate information needed for decision-making.” – Corporate and M&A
“Very effective arbitration counsel. They are thorough, tenacious and collegial. One of the best in South Korea by far.” – Dispute resolution
“Lee & Ko has separate teams for each problem field, so it is always possible to respond in all directions as it reacts quickly to advice and shares intellectual experience in each field.” – Dispute resolution
“They are loyal to the client, experienced and cost-efficient.” – Insurance
“They try to provide specific answers on the client's question.” – Insurance
“Lee & Ko in South Korea has been faithfully responding to lawsuits by understanding the issues that customers need to respond to and supporting them with sufficient evidence.” – Labour and employment
“Professional in both jurisdictions in South Korea, the US and Europe. We had local law firms in the target countries but Lee & Ko have had good communication and cooperation with the firms and their professionals.” – Real estate
“They provide detailed and helpful advice.” – Shipping
“The provision of useful information and active customer care.” – Tax
Seungwan Hahm
“Based on our professional legal knowledge, he presents a feasible plan along with detailed explanations.”
Jong Youn Han
“Her leadership, strategy and thoughtful approach to each step of this case, from the investigation to the consent order, is one of the biggest factors in our successful thus far. She provides us with a variety of strategies and alternative courses of action, which is crucial as we have experienced a number of hurdles to overcome in reaching the consent order. Her oversight and strategic insight is unmatched. If you are looking for an answer to a question, you could consult a number of lawyers from top firms, but if you are looking for multiple strategic solutions to an issue based on your specific needs, I can recommend Jong Youn Han.”
Joo Hye Hong
“She has a high level of analysis and understanding of her case. Her oral arguments are always convincing and systematic.”
Jinyoung Jung
“Very knowledgeable and hard-working.”
Jang Hyun Ka
“He has deep knowledge and experience in antitrust law. He is exceptional at responding to government investigations and litigation.”
Sang Gon Kim
“Sang Gon possesses professional knowledge, a strong network, and effective customer management skills."
Miji Lee
“She explains very specifically and clearly to clients.”
“She enthusiastically answers everything.”
Ho Joon Moon
“The best lawyer I can rely on in the field of corporate M&A. He demonstrates deep knowledge and experience. He is extremely thoughtful and insightful. No other lawyer in Korea can match.”
“He is one of the most experienced corporate M&A lawyers in South Korea. He has deep understanding of complex legal issues, is very responsive and has a high commercial awareness with a client-service mindset.”
Jae Heon Park
“Very experienced.”
Ji Young Tae
“She is very responsive to the client’s needs. She provides practical and in-depth advice.”
Robert Wachter
“One of the best cross-examiners in Asia. He is also very good at framing his case in a simple and straightforward way.”
Dong Seok Woo
“Dongseok prioritises client responsibility, effective communication, and employs professionals with expertise in the real estate sector.”
Yang Ho Yoon
"He is highly experienced and focused when it comes to providing professional services. He also demonstrates a keen understanding of commercial aspects."
Work highlights
Advised IGIS Asset Management on the purchase of Illini Tower, a student housing facility, located near the campus of the Illinois State University. The firm advised on a transaction whereby an ordinary private real estate investment trust established by IGIS Asset Management acquired a certain student housing property located in Illinois, USA and successfully completed and closed the said transaction in April 2022.
Key clients
Mastern Investment Management, Samsung SRA Asset Management, Tiger Alternative Investors
InterLEX provides corporate and litigation services related to labour and employment law. The firm has worked with various Korean government entities including the Korea Industrial Technology Association and Korea Institute of Nuclear Safety, providing legal guidance to IT companies such as Naver and Coupang and startups like Ongyeol and Dames. In collaborations with clients, the firm assists numerous international clients across the US, Europe and China. With experience advising both local and global clients, InterLEX helps organisations address complex labour issues through customised, practical solutions based on Korean employment law. Key partners of significance at the firm include Hyunchai Isabelle Soh and Eunzip Kwon.
Client feedback
“They complete work neatly in stressful situations.” – Labour and employment
Work highlights
Advised Korean bus manufacturing company Zyle Daewoo Bus on a corporate liquidation and restructuring matter for over 400 workers. This represents the first shutdown case of a South Korean automobile bus company.
Advised South Korean accounting firm Nexia Samduk on the various forms of employment for accountants and identified labour law-related risks.
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 area. 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 including Indonesia, Myanmar, Laos and Vietnam.
Client feedback
“Professional with good communication skills.” – Media and entertainment
Moonhee Kim
“She is professional in the media and entertainment field.”
Work highlights
Represented steel pipe manufacturing company Nexteel in an appeal in a case revoking a retrial decision concerning relief from unfair dismissal and obtained a Supreme Court decision to quash and remand the case to the lower court for further review.
Represented an entrusting party in a claim for illegal dispatch filed by an employee from a regional centre and successfully won the case in the courts of second and third instances by obtaining a decision completely overturning the decision of the first instance.
Key clients
Dong-A University Foundation, Hyundai Motor Company, Paris Croissant.
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, peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s aviation and shopping pillar gained two additional lawyers from peer firms, while the banking and finance team was boosted by three. In 2022, the firm’s dispute resolution practice and IP practice witnessed the addition of 18 and five new hires, respectively. Regrettably for the firm’s energy practice, three practitioners departed to Shim & Kim in 2023.
Client feedback
“They have strong internal teams consisting of various experts, including non-attorneys. Together with these strong internal teams, the attorneys provide practical advice. Overall, their work quality is excellent compared to other top-tier law firms in Korea.” – Banking and finance
“They not only know the substance but are also able to provide strategic guidance to help navigate the most challenging legal issues.” – Competition/antitrust
“Kim & Chang views the works and projects in detail but also overall, and presents issues and solutions before the client realises there could be a problem.” – Corporate and M&A
“Cutting-edge expertise and vast experience in M&A.” – Corporate and M&A
“The firm has great expertise in all legal areas and full resources to support clients.” – Corporate and M&A
“Accurate analysis of applicable local laws and practical advising on drafting a deal structure.” – Corporate and M&A
“They are brilliant communicators and can handle very difficult personalities diplomatically and with great charm. Their legal advice is strong and they are well organised and able to get through large volumes of work against tight deadlines.” – Dispute resolution
“Kim and Chang lawyers are professional, ethical and very smart. They quickly grasped detailed technical positions and smoothly integrated our technical analysis into legal briefs and presentations. I had confidence from the beginning that Kim and Chang was interested in seeing justice done more than in 'just winning'. On this point, they never wavered.” – Dispute resolution
“They have provided legal analysis thoroughly and timely, and coped with hearings well. They have communicated with our client from time to time to deliver and discuss implications and next steps.” – Dispute resolution
“One-stop shop – expertise in all aspects of law, and understanding the client's needs.” – Energy
“The offshore wind farm development project involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Energy
“The firm conducted due diligence well and provided advice on what needed to be checked and repaired for the upcoming deal. Throughout the process, they provided us with relevant and convincing materials, which made negotiations with the buyer easier for me.” – Infrastructure
“Expertise on the insurance sector, and good communication with local regulators.” – Insurance
“Kim & Chang was able to win the lawsuit with perfect legal reasoning and relentless diligence.” – Insurance
“Professional service with strong team members.” – Intellectual property
“Very professional.” – Intellectual property
“They do everything extremely well, in a cost-efficient manner. They have their usual personnel working on matters, and bring in additional expertise as needed to address the current issues.” – Intellectual property
“Very strategic and practical, obtaining excellent results.” – Intellectual property
“A truly international approach, a team of highly knowledgeable and responsive lawyers.” – Intellectual property
“Kim & Chang's lawyers and patent attorneys are highly skilled and have the best teamwork. With Kim & Chang, no matter the day or time, the responsiveness is great, and they never fail to provide immediate, in-depth analysis. They also knew exactly what we needed and went beyond what we asked for. Further, the team provided tech intelligence advice using their IP and tech data analysis, which helped our firm’s successful investment in the related technology.” – Intellectual property
“It is amiable and professional. Also, it is good at patent invalidation trials.” – Intellectual property
“They have a deep knowledge of the local patent law and practice and can provide advice even in the most complicated situations – they have a team of lawyers who can provide legal assistance in litigations and also expertise in regulatory matters – so covering almost all topics of interest for the pharmaceutical industry.” – Intellectual property
“Very competent and reliable advice.” – Intellectual property
“Kim & Chang successfully collated various data such as academic papers and financial information utilising patent data as a key input. The outcome provided integrated insight with a patent-based perspective on their industry and competitors.” – Intellectual property
“Professional but agile and adaptive advice and services. The team moves with urgency. Knows what is important and really strives to act on behalf of the client on various cases.” – Intellectual property
“The firm provided a well-balanced view and practical solution. They are the experts on Korean laws and Korean courts cases.” – Labour and employment
“Kim & Chang did a wonderful job defending Google before multiple regulators on our employment decisions.” – Labour and employment
“As we don't have global employment law team members based in South Korea, Kim & Chang are advising us on an ongoing basis. They are super-responsive, provide clear and pragmatic advice, great English and communication skills and also know and share relevant local practice as needed.” – Labour and employment
“Kim and Chang act as a trusted adviser. They understand our business and its associated values which underpin decision-making on labour and employment matters. They partner with us to discuss and strategise issues and adopt a commercially practical approach. They are responsive, often being available at short notice, and have unrivalled depth of experience in their team in the labour and employment space.” – Labour and employment
“Responsiveness, promptness, professionalism. Details.” – Labour and employment
“Professional team members including lawyers, tax lawyers, patent and trademark attorneys and accountants work in close coordination with each other.” – Private equity
“Most comprehensive services customised for M&A with breadth and depth of legal advice unparalleled in the market.” – Private equity
“Identified key regulation issues and mitigated several legal risk factors so that we could make improvements on the deals and eventually completed them.” – Private equity
“Even when we ask for very tight deadlines, Kim & Chang gets things done on time.” – Real estate
“Kim & Chang's professional assets and infrastructures.” – Regulatory
“The offshore wind farm complex development project at issues involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Regulatory
“They fully understand the legal and factual issues and suggest legally persuasive explanations to a court.” – Regulatory
“They very well understand the core issue and provide pragmatic solutions with accuracy and detail.” – Regulatory
“They are very professional.” – Tax
“We will continue to believe in their capabilities and will continue to strengthen our partnership." – Tax
“Understanding the arguments that can be made in defence of the company, and being willing to do so despite an aggressive government investigatory approach. Excellent English skills were instrumental, and their sense of urgency was key.” – Tax
“Kim & Chang is very responsive and understands the company’s needs and goals. Kim & Chang has a well-established group of attorneys and other professionals to manage relations with taxing authorities.” – Tax
“Kim & Chang boasted a team of highly skilled legal specialists proficient in various fields, enabling them to handle a diverse array of issues. Notably, the key counterpart attorneys representing our company were not only trustworthy but also proactive experts in their respective domains.” – Tax
“The first insight is to have a broad perspective on the case. It involves considering the potential impact of the case on the company in the future and exploring solutions from an overall standpoint.” – Tax
“Thoughtful, thorough and responsive.” – Tax
“Kim & Chang is unique in its position that it can support the client throughout different phases of business, from planning (by giving opinions) to implementation (by supporting APA) to tax office level audit (by assisting tax audit and MAP) and to court level audit (by defending the client at court). This enables the efficient retention of historical information and application of a consistent tax position. Simultaneously, Kim & Chang can provide a holistic review from non-tax angles, such as reporting obligations based on other laws. This helps the client to be ready for unforeseen legal obligations.” – Tax
Jay Kim
“Good communication skills and strategic advice. Jay is one of the best client managers I have ever known.”
In Hwan Kim
“Very professional.”
“In Hwan is totally invested in providing the best legal and business advice possible, regardless of the matter. He is extremely knowledgeable, and adds team members as needed. Our matter was and still is the first and only case to successfully recapture the price reduction of an original drug after generic entry.”
Daniel Kim
“Very competent, clear and reliable advice.”
Wan Suk Kim
“He gives quick and straightforward answers.”
John Kwak
“Knowledgeable and responsive.”
Kyung Yul Lee
“He understands the legal and political landscape very well and is able to provide effective guidance. He is always willing to make the extra effort to ensure that his and his team's advice is helpful.”
Min-Ho Lee
“Provides a solution based on an in-depth knowledge of the customer through excellent communication.”
Chunsoo Lee
“He showed practical and professional advice, good teamwork and problem-solving skills.”
Hyo Je Lee
“He is a very brilliant lawyer with a brilliant career, but he is also very honest and humble.”
Jongmin Lee
“Full engagement with the legal process, and very good experience and knowledge of IP and information security affairs.”
Yoonchang (Marcus) Lee
“He is smart and benevolent. He communicates well with the clients. Also, he is good at patent trials/lawsuits.”
Hwan Beom Lee
“Very responsive and swift action, pragmatic approach. He is very speedy and strategic.”
Shin Kwon Lim
“He is very thorough and has high knowledge and experience in the area.”
“A brilliant legal mind, Shin Kwon is also very efficient and responsive, which makes him an ideal counsel for complex M&A transactions.”
“He suggested acceptable solutions whenever I encountered unexpected problems, which was very valuable.”
Tae-Yeon Nam
“Very professional and shows depth of knowledge.”
Min-Young Oh
“Wide spectrum of knowledge spanning many fields, and understands the client's needs.”
Joon Hwan Park
“As a senior attorney in the maritime and energy fields, I understand Joonhwan has considerable experience and knowledge in the relevant field. He is very efficient and helpful in addressing licensing issues and is capable of handling work in the most proper and efficient manner. His communication skills are excellent in that he truly understands clients’ needs.”
Jong Hyun Park
“Great assessment of situation and potential risks; proactive and creative problem-solving; and willingness to go out of his way to find a solution in all situations.”
Jae Suk Park
“Provides solutions based on an in-depth knowledge of the customer's needs through excellent communication, with integrity, accountability and a commitment to ethics, while demonstrating resilience and enthusiasm.”
“Jae Suk Park, who is our business partner, prepared a well-organised ACVA filing strategy. It aligned well with the latest practice and trend. He and his team are highly qualified to achieve what the client wants.”
Soyun Park
“She is an incredibly talented and proactive tax specialist who possesses a friendly demeanour. Furthermore, she has a customer-centric mindset, always anticipating the potential needs of clients and proactively addressing hidden risks in advance. Without a doubt, she is one of the finest lawyers I have ever worked.”
Joel Richardson
“He has great communication skills (orally and in writing). He thinks very rapidly in a courtroom environment. He is very ethical. He has an excellent personality. He treats his co-workers with great respect. He does not take contrary opinions personally.”
“Excellent communication and legal knowledge, applying strategic thinking and responsiveness.”
“Partner Joel Richardson and his team are amazing. They know the law, the market, and are quick learners about the technology. They exhibit excellent judgement – prudent but not overly risk averse.”
Yoon Sang Sim
“Reliability and high level of expertise.”
“Yoon Sang is very responsive and provides concise and practical advice. Yong Sang effectively leads other attorneys and professionals.”
Bumkyu Sung
“Provides professional and practical advice with a very responsive and timely manner, demonstrating a deep understanding of the finance industry.”
Work highlights
Representing car-sharing platform Socar in litigation involving the employee status of service drivers. This case is significant in that it is the first Korean court case to determine whether platform workers may be recognised as employees, which sets forth relevant criteria for the platform industry. Similar overseas court precedents include the California District Court case regarding the employee status of Uber drivers.
Key clients
AGC Fine Techno Korea, Daicel Safety Systems, Hyundai Motor Company.
An undisputed premier firm, Lee & Ko holds steady in the rankings as a fool-proof 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 developments in the last 12 months include the departure of banking and finance partner HK (Helen) Sohn to Yoon & Yang. On the other hand, the firm’s capital markets practice welcomed Taekyoung Kwon and Dajeong Kim as partners. Furthermore, Sujin Jun joined the firm’s antitrust/competition team from the Seoul High Court, while Young Jin Kim joined the labour and employment practice after serving as a judge in the Seoul District Court, Seoul High Court, and ultimately the Korean Supreme Court. The firm’s corporate and M&A team has also been expanding over the past year, with five new partners on board. Its dispute resolution team also welcomed 11 new partners.
Client feedback
“Lee & Ko is able to understand the intricacies of air mileage system. There was little precedent for examination of air mileage, but Lee & Ko was able to develop a comprehensive argument using similar cases as the basis.” – Aviation
“Lee & Ko’s client service is unsurpassed. Considering the stakes, I make frequent requests, require detailed explanations to questions and at times probably ask more of Lee & Ko than other clients, but Lee & Ko always responds promptly and provides detailed answers that not only take into account our commercial interests, but our legal fees as well. If you are looking for the highest quality service with the best value, I could not recommend any other firm.” – Competition/antitrust
“The attorneys at Lee & Ko are very professional and devoted. Their fee charge is reasonable.” – Competition/antitrust
"They are professional and dedicated to their clients. They have demonstrated excellent practice." – Competition/antitrust
“They are loyal to our company and do the best for the client's needs.” – Corporate and M&A
“Dedicated team with the most professional and in-depth legal service.” – Corporate and M&A
“Lee & Ko provides excellent service in an efficient manner.” – Corporate and M&A
"Lee & Ko provided timely and necessary advisory opinions based on extensive legal knowledge and experience.” – Corporate and M&A
"The firm demonstrates a careful and serious approach to their work. They have a strong ability to identify and address issues, while also excelling in interpreting the specific needs of their clients.” – Corporate and M&A
“Provides timely and accurate information needed for decision-making.” – Corporate and M&A
“Very effective arbitration counsel. They are thorough, tenacious and collegial. One of the best in South Korea by far.” – Dispute resolution
“Lee & Ko has separate teams for each problem field, so it is always possible to respond in all directions as it reacts quickly to advice and shares intellectual experience in each field.” – Dispute resolution
“They are loyal to the client, experienced and cost-efficient.” – Insurance
“They try to provide specific answers on the client's question.” – Insurance
“Lee & Ko in South Korea has been faithfully responding to lawsuits by understanding the issues that customers need to respond to and supporting them with sufficient evidence.” – Labour and employment
“Professional in both jurisdictions in South Korea, the US and Europe. We had local law firms in the target countries but Lee & Ko have had good communication and cooperation with the firms and their professionals.” – Real estate
“They provide detailed and helpful advice.” – Shipping
“The provision of useful information and active customer care.” – Tax
Seungwan Hahm
“Based on our professional legal knowledge, he presents a feasible plan along with detailed explanations.”
Jong Youn Han
“Her leadership, strategy and thoughtful approach to each step of this case, from the investigation to the consent order, is one of the biggest factors in our successful thus far. She provides us with a variety of strategies and alternative courses of action, which is crucial as we have experienced a number of hurdles to overcome in reaching the consent order. Her oversight and strategic insight is unmatched. If you are looking for an answer to a question, you could consult a number of lawyers from top firms, but if you are looking for multiple strategic solutions to an issue based on your specific needs, I can recommend Jong Youn Han.”
Joo Hye Hong
“She has a high level of analysis and understanding of her case. Her oral arguments are always convincing and systematic.”
Jinyoung Jung
“Very knowledgeable and hard-working.”
Jang Hyun Ka
“He has deep knowledge and experience in antitrust law. He is exceptional at responding to government investigations and litigation.”
Sang Gon Kim
“Sang Gon possesses professional knowledge, a strong network, and effective customer management skills."
Miji Lee
“She explains very specifically and clearly to clients.”
“She enthusiastically answers everything.”
Ho Joon Moon
“The best lawyer I can rely on in the field of corporate M&A. He demonstrates deep knowledge and experience. He is extremely thoughtful and insightful. No other lawyer in Korea can match.”
“He is one of the most experienced corporate M&A lawyers in South Korea. He has deep understanding of complex legal issues, is very responsive and has a high commercial awareness with a client-service mindset.”
Jae Heon Park
“Very experienced.”
Ji Young Tae
“She is very responsive to the client’s needs. She provides practical and in-depth advice.”
Robert Wachter
“One of the best cross-examiners in Asia. He is also very good at framing his case in a simple and straightforward way.”
Dong Seok Woo
“Dongseok prioritises client responsibility, effective communication, and employs professionals with expertise in the real estate sector.”
Yang Ho Yoon
"He is highly experienced and focused when it comes to providing professional services. He also demonstrates a keen understanding of commercial aspects."
Work highlights
Defending Samsung Electronics against former employees’ underpaid severance claim disputing the scope of ‘wage’. This landmark case in Korea's private sector involves the recognition of discretionary bonuses as part of wages. The Supreme Court's ruling is expected to have significant implications for businesses and may result in payment obligations and changes in wage structures.
Supported Stanford University in an internal investigation of a suspected workplace harassment situation while managing the government audit of the Korean office for alleged accounting fraud and miscalculations.
Key clients
Cloudflare, Delivery Hero, Dentsu
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 more than 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. The labour and employment team welcomed Jahyeong Ku and Kwang Sun Lee from Jipyong as partners in February 2023.
Client feedback
"They were professional in legal due diligence, and their feedback was prompt and reliable." – Corporate and M&A
"They were professional and enthusiastic." – Insurance
"Firstly, Yulchon's approach to the case was admirable. Despite the challenging situation due to Smartscore's extensive preparation and lawsuit, Yulchon provided us with psychological stability by demonstrating their passion and preparedness for various scenarios. Secondly, and more importantly, their legal reasoning was solid. While proving that our applications and solutions did not copy theirs, Yulchon discovered numerous prior technologies in preparation for various claims. Building on this, they employed a strategy to refute their premise, asserting that the imitated technology itself lacked originality. To be honest, I was amazed when I received the preparation letter. I have worked on several cases with other law firms, but it's rare to find a flawless and logically sound document that considers all possible scenarios from the outset. This made a positive impression on the judge during the hearing (even though it was a provisional hearing) and instilled confidence in the case. In summary, the lawsuit strategy presented by Yulchon was creative yet well-founded, leading us in a positive direction. Additionally, they provided various examples to support their logic, demonstrating their passion for delving into even the minutest technological details. Consequently, they submitted a perfectly prepared document. Their professionalism and passionate attitude, two qualities we value in our lawyers, were evident." – Intellectual property
"Their ability to handle complex and sophisticated matters is truly commendable. They navigate intricate issues with finesse and expertise, unmatched by others. They consistently demonstrate exceptional skill, competence and strategic thinking in challenging scenarios. Their astute analysis, sharp problem-solving skills and comprehensive understanding of intricate matters are truly impressive. They exhibit a remarkable ability to unravel complex issues and propose innovative solutions. Their proficiency in handling intricate and sophisticated matters is exceptional, distinguishing them in their field. Additionally, they possess a diverse range of expertise and skills that span various areas, enabling them to approach projects from multiple angles. The team members demonstrate a profound understanding of their respective fields and showcase a broad knowledge base. Their collective capabilities and depth of knowledge enable them to effectively handle complex and multifaceted tasks. Furthermore, their seamless collaboration and leveraging of each other's strengths contribute to the team's overall effectiveness. In summary, their team's depth and breadth are truly impressive, positioning them as a formidable force in their field." – Intellectual property
Yun Heui Cho
“Lawyer Cho is a former judge, and he's good at pleading for the court to understand.”
Yong Whan Choi
“Mr. Choi is the best lawyer related to tax fields in Korea, and that is why we are now working with Yulchon. I believe that there is not any work without Mr. Choi. He is creative and knowledgeable with a professional attitude.”
Hee Woo Jo
“First, he quickly recognises what the client wants and needs and comes back unconditionally the next meeting. Thanks to this, I can proceed with the fast-paced case comfortably and entrust it. Also, he has a rare and perfect expertise in this area. In this field, the industry has changed and diversified so rapidly that it is very difficult to grasp the contents, and other lawyers only understand it by gathering and learning a lot of information, but he is already very familiar with this industry and knows all the latest technologies, laws, precedents and trends. That is why we could follow his lead, and move in the correct direction accordingly, because we could believe that he knew everything and was managing it, even if we didn't know everything.”
Jin Kook Lee
“His fast feedback and problem-solving ability made the project progress favourably for our company.”
Yong Min Lee
“He has consistently delivered exceptional legal services, demonstrating an unparalleled level of expertise. With a deep understanding of the law and an unwavering commitment to excellence, he has consistently achieved outstanding results for us. His meticulous approach to legal matters, combined with his strategic thinking and sharp analytical skills, has enabled him to navigate complex legal issues with precision and effectiveness. We can trust in his ability to provide comprehensive and tailored legal solutions that meet our specific needs.”
Hyun Hwa Shin
“Hyunhwa offers a customer-oriented service backed by a high level of understanding and expertise in the insurance industry.”
Kyung Ae Yoon
“As a former examiner at the Patent and Trademark Office, her patent analysis is accurate and fast.”
Work highlights
Successfully represented SK Telecom in a case involving employee-status claims before the Supreme Court. This was a landmark case as it provided a clearer standard for distinguishing between an inter-affiliate temporary assignment and worker dispatch.
Represented LG Chemical in a lawsuit by former employees seeking payment of performance-based incentives. The decision in this case is important because it addresses a situation where lower courts have been making different rulings on whether bonuses paid by private companies should be considered as wages. This issue arose after the Supreme Court declared that bonuses given by state-run agencies to their employees, based on the agency's overall performance, should be considered as wages.
Key clients
KT Corporation
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 area. 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 including Indonesia, Myanmar, Laos and Vietnam.
Client feedback
“Professional with good communication skills.” – Media and entertainment
Moonhee Kim
“She is professional in the media and entertainment field.”
Work highlights
Represented JTBC Discovery in a legal claim against Korea Ladies Professional Golf Tour (KLPGT). The claim sought to preserve the provisional position of candidates undergoing a second examination and assessment in a bidding process for KLPGT broadcasting rights. Additionally, JTBC Discovery requested the suspension of the bidding process. The firm successfully obtained a court order that recognised and granted all of JTBC Discovery's claims. This order was exceptional as it effectively halted the bidding process conducted by a private company.
Key clients
BH Entertainment, KeyEast, Netflix, Saram Entertainment, SM Entertainment.
An undisputed premier firm, Lee & Ko holds steady in the rankings as a fool-proof 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 developments in the last 12 months include the departure of banking and finance partner HK (Helen) Sohn to Yoon & Yang. On the other hand, the firm’s capital markets practice welcomed Taekyoung Kwon and Dajeong Kim as partners. Furthermore, Sujin Jun joined the firm’s antitrust/competition team from the Seoul High Court, while Young Jin Kim joined the labour and employment practice after serving as a judge in the Seoul District Court, Seoul High Court, and ultimately the Korean Supreme Court. The firm’s corporate and M&A team has also been expanding over the past year, with five new partners on board. Its dispute resolution team also welcomed 11 new partners.
Client feedback
“Lee & Ko is able to understand the intricacies of air mileage system. There was little precedent for examination of air mileage, but Lee & Ko was able to develop a comprehensive argument using similar cases as the basis.” – Aviation
“Lee & Ko’s client service is unsurpassed. Considering the stakes, I make frequent requests, require detailed explanations to questions and at times probably ask more of Lee & Ko than other clients, but Lee & Ko always responds promptly and provides detailed answers that not only take into account our commercial interests, but our legal fees as well. If you are looking for the highest quality service with the best value, I could not recommend any other firm.” – Competition/antitrust
“The attorneys at Lee & Ko are very professional and devoted. Their fee charge is reasonable.” – Competition/antitrust
"They are professional and dedicated to their clients. They have demonstrated excellent practice." – Competition/antitrust
“They are loyal to our company and do the best for the client's needs.” – Corporate and M&A
“Dedicated team with the most professional and in-depth legal service.” – Corporate and M&A
“Lee & Ko provides excellent service in an efficient manner.” – Corporate and M&A
"Lee & Ko provided timely and necessary advisory opinions based on extensive legal knowledge and experience.” – Corporate and M&A
"The firm demonstrates a careful and serious approach to their work. They have a strong ability to identify and address issues, while also excelling in interpreting the specific needs of their clients.” – Corporate and M&A
“Provides timely and accurate information needed for decision-making.” – Corporate and M&A
“Very effective arbitration counsel. They are thorough, tenacious and collegial. One of the best in South Korea by far.” – Dispute resolution
“Lee & Ko has separate teams for each problem field, so it is always possible to respond in all directions as it reacts quickly to advice and shares intellectual experience in each field.” – Dispute resolution
“They are loyal to the client, experienced and cost-efficient.” – Insurance
“They try to provide specific answers on the client's question.” – Insurance
“Lee & Ko in South Korea has been faithfully responding to lawsuits by understanding the issues that customers need to respond to and supporting them with sufficient evidence.” – Labour and employment
“Professional in both jurisdictions in South Korea, the US and Europe. We had local law firms in the target countries but Lee & Ko have had good communication and cooperation with the firms and their professionals.” – Real estate
“They provide detailed and helpful advice.” – Shipping
“The provision of useful information and active customer care.” – Tax
Seungwan Hahm
“Based on our professional legal knowledge, he presents a feasible plan along with detailed explanations.”
Jong Youn Han
“Her leadership, strategy and thoughtful approach to each step of this case, from the investigation to the consent order, is one of the biggest factors in our successful thus far. She provides us with a variety of strategies and alternative courses of action, which is crucial as we have experienced a number of hurdles to overcome in reaching the consent order. Her oversight and strategic insight is unmatched. If you are looking for an answer to a question, you could consult a number of lawyers from top firms, but if you are looking for multiple strategic solutions to an issue based on your specific needs, I can recommend Jong Youn Han.”
Joo Hye Hong
“She has a high level of analysis and understanding of her case. Her oral arguments are always convincing and systematic.”
Jinyoung Jung
“Very knowledgeable and hard-working.”
Jang Hyun Ka
“He has deep knowledge and experience in antitrust law. He is exceptional at responding to government investigations and litigation.”
Sang Gon Kim
“Sang Gon possesses professional knowledge, a strong network, and effective customer management skills."
Miji Lee
“She explains very specifically and clearly to clients.”
“She enthusiastically answers everything.”
Ho Joon Moon
“The best lawyer I can rely on in the field of corporate M&A. He demonstrates deep knowledge and experience. He is extremely thoughtful and insightful. No other lawyer in Korea can match.”
“He is one of the most experienced corporate M&A lawyers in South Korea. He has deep understanding of complex legal issues, is very responsive and has a high commercial awareness with a client-service mindset.”
Jae Heon Park
“Very experienced.”
Ji Young Tae
“She is very responsive to the client’s needs. She provides practical and in-depth advice.”
Robert Wachter
“One of the best cross-examiners in Asia. He is also very good at framing his case in a simple and straightforward way.”
Dong Seok Woo
“Dongseok prioritises client responsibility, effective communication, and employs professionals with expertise in the real estate sector.”
Yang Ho Yoon
"He is highly experienced and focused when it comes to providing professional services. He also demonstrates a keen understanding of commercial aspects."
Work highlights
Representing the nation’s top management company of global K-pop boy band BTS in a criminal lawsuit against the entity infringing upon BTS’s trademark. This ruling can be actively referenced to draw a ruling to the same effect in overseas countries.
Representing the management company of a global K-pop girl group in a criminal lawsuit involving trademark and copyright infringement against the licensee.
Key clients
Motion Pictures Association, SBS Contents Hub, The Black Label.
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 area. 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 including Indonesia, Myanmar, Laos and Vietnam.
Client feedback
“Professional with good communication skills.” – Media and entertainment
Moonhee Kim
“She is professional in the media and entertainment field.”
Work highlights
Successfully represented the director of Daegu Regional Office of Food and Drug Safety in an appeal seeking the cancellation of the disposition of advertising business suspension with respect to an advertisement for moisturising lotion.
Provided the Health Insurance Review and Assessment Service with legal advice related to the project for establishment of the National Health Insurance System of the Health Insurance Review and Assessment Service.
Represented the Daejeon Regional Office of Food and Drug Safety in a lawsuit filed by the plaintiff seeking revocation of the disposition of cancellation of the botulinum drug product licence granted to Medytox and the order to suspend manufacturing and sales imposed on Medytox on the grounds of a change of undiluted solution in the product licensing stage.
Key clients
Fortis Life Sciences, GPCR Therapeutics, SK Biopharmaceuticals.
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 capital markets team hired Jun (Joonho) Kim, HK (Helen) Sohn, Sung Jin Ro, W (Jason) Lee and Song Feng Hong as partners in 2022 and 2023.
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.
Represented Kolon Life Science in a litigation and investigation arising out of falsifying a report on Invossa, a drug for osteoarthritis cell genes. This case is getting huge attention from the media since Invossa, the world’s first osteoarthritis medicine, hit mega sales in Korea.
Representing Sakata Korea in a trade secret dispute, seeking injunctive relief against the unauthorised use of its original seeds.
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, peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s aviation and shopping pillar gained two additional lawyers from peer firms, while the banking and finance team was boosted by three. In 2022, the firm’s dispute resolution practice and IP practice witnessed the addition of 18 and five new hires, respectively. Regrettably for the firm’s energy practice, three practitioners departed to Shim & Kim in 2023.
Client feedback
“They have strong internal teams consisting of various experts, including non-attorneys. Together with these strong internal teams, the attorneys provide practical advice. Overall, their work quality is excellent compared to other top-tier law firms in Korea.” – Banking and finance
“They not only know the substance but are also able to provide strategic guidance to help navigate the most challenging legal issues.” – Competition/antitrust
“Kim & Chang views the works and projects in detail but also overall, and presents issues and solutions before the client realises there could be a problem.” – Corporate and M&A
“Cutting-edge expertise and vast experience in M&A.” – Corporate and M&A
“The firm has great expertise in all legal areas and full resources to support clients.” – Corporate and M&A
“Accurate analysis of applicable local laws and practical advising on drafting a deal structure.” – Corporate and M&A
“They are brilliant communicators and can handle very difficult personalities diplomatically and with great charm. Their legal advice is strong and they are well organised and able to get through large volumes of work against tight deadlines.” – Dispute resolution
“Kim and Chang lawyers are professional, ethical and very smart. They quickly grasped detailed technical positions and smoothly integrated our technical analysis into legal briefs and presentations. I had confidence from the beginning that Kim and Chang was interested in seeing justice done more than in 'just winning'. On this point, they never wavered.” – Dispute resolution
“They have provided legal analysis thoroughly and timely, and coped with hearings well. They have communicated with our client from time to time to deliver and discuss implications and next steps.” – Dispute resolution
“One-stop shop – expertise in all aspects of law, and understanding the client's needs.” – Energy
“The offshore wind farm development project involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Energy
“The firm conducted due diligence well and provided advice on what needed to be checked and repaired for the upcoming deal. Throughout the process, they provided us with relevant and convincing materials, which made negotiations with the buyer easier for me.” – Infrastructure
“Expertise on the insurance sector, and good communication with local regulators.” – Insurance
“Kim & Chang was able to win the lawsuit with perfect legal reasoning and relentless diligence.” – Insurance
“Professional service with strong team members.” – Intellectual property
“Very professional.” – Intellectual property
“They do everything extremely well, in a cost-efficient manner. They have their usual personnel working on matters, and bring in additional expertise as needed to address the current issues.” – Intellectual property
“Very strategic and practical, obtaining excellent results.” – Intellectual property
“A truly international approach, a team of highly knowledgeable and responsive lawyers.” – Intellectual property
“Kim & Chang's lawyers and patent attorneys are highly skilled and have the best teamwork. With Kim & Chang, no matter the day or time, the responsiveness is great, and they never fail to provide immediate, in-depth analysis. They also knew exactly what we needed and went beyond what we asked for. Further, the team provided tech intelligence advice using their IP and tech data analysis, which helped our firm’s successful investment in the related technology.” – Intellectual property
“It is amiable and professional. Also, it is good at patent invalidation trials.” – Intellectual property
“They have a deep knowledge of the local patent law and practice and can provide advice even in the most complicated situations – they have a team of lawyers who can provide legal assistance in litigations and also expertise in regulatory matters – so covering almost all topics of interest for the pharmaceutical industry.” – Intellectual property
“Very competent and reliable advice.” – Intellectual property
“Kim & Chang successfully collated various data such as academic papers and financial information utilising patent data as a key input. The outcome provided integrated insight with a patent-based perspective on their industry and competitors.” – Intellectual property
“Professional but agile and adaptive advice and services. The team moves with urgency. Knows what is important and really strives to act on behalf of the client on various cases.” – Intellectual property
“The firm provided a well-balanced view and practical solution. They are the experts on Korean laws and Korean courts cases.” – Labour and employment
“Kim & Chang did a wonderful job defending Google before multiple regulators on our employment decisions.” – Labour and employment
“As we don't have global employment law team members based in South Korea, Kim & Chang are advising us on an ongoing basis. They are super-responsive, provide clear and pragmatic advice, great English and communication skills and also know and share relevant local practice as needed.” – Labour and employment
“Kim and Chang act as a trusted adviser. They understand our business and its associated values which underpin decision-making on labour and employment matters. They partner with us to discuss and strategise issues and adopt a commercially practical approach. They are responsive, often being available at short notice, and have unrivalled depth of experience in their team in the labour and employment space.” – Labour and employment
“Responsiveness, promptness, professionalism. Details.” – Labour and employment
“Professional team members including lawyers, tax lawyers, patent and trademark attorneys and accountants work in close coordination with each other.” – Private equity
“Most comprehensive services customised for M&A with breadth and depth of legal advice unparalleled in the market.” – Private equity
“Identified key regulation issues and mitigated several legal risk factors so that we could make improvements on the deals and eventually completed them.” – Private equity
“Even when we ask for very tight deadlines, Kim & Chang gets things done on time.” – Real estate
“Kim & Chang's professional assets and infrastructures.” – Regulatory
“The offshore wind farm complex development project at issues involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Regulatory
“They fully understand the legal and factual issues and suggest legally persuasive explanations to a court.” – Regulatory
“They very well understand the core issue and provide pragmatic solutions with accuracy and detail.” – Regulatory
“They are very professional.” – Tax
“We will continue to believe in their capabilities and will continue to strengthen our partnership." – Tax
“Understanding the arguments that can be made in defence of the company, and being willing to do so despite an aggressive government investigatory approach. Excellent English skills were instrumental, and their sense of urgency was key.” – Tax
“Kim & Chang is very responsive and understands the company’s needs and goals. Kim & Chang has a well-established group of attorneys and other professionals to manage relations with taxing authorities.” – Tax
“Kim & Chang boasted a team of highly skilled legal specialists proficient in various fields, enabling them to handle a diverse array of issues. Notably, the key counterpart attorneys representing our company were not only trustworthy but also proactive experts in their respective domains.” – Tax
“The first insight is to have a broad perspective on the case. It involves considering the potential impact of the case on the company in the future and exploring solutions from an overall standpoint.” – Tax
“Thoughtful, thorough and responsive.” – Tax
“Kim & Chang is unique in its position that it can support the client throughout different phases of business, from planning (by giving opinions) to implementation (by supporting APA) to tax office level audit (by assisting tax audit and MAP) and to court level audit (by defending the client at court). This enables the efficient retention of historical information and application of a consistent tax position. Simultaneously, Kim & Chang can provide a holistic review from non-tax angles, such as reporting obligations based on other laws. This helps the client to be ready for unforeseen legal obligations.” – Tax
Jay Kim
“Good communication skills and strategic advice. Jay is one of the best client managers I have ever known.”
In Hwan Kim
“Very professional.”
“In Hwan is totally invested in providing the best legal and business advice possible, regardless of the matter. He is extremely knowledgeable, and adds team members as needed. Our matter was and still is the first and only case to successfully recapture the price reduction of an original drug after generic entry.”
Daniel Kim
“Very competent, clear and reliable advice.”
Wan Suk Kim
“He gives quick and straightforward answers.”
John Kwak
“Knowledgeable and responsive.”
Kyung Yul Lee
“He understands the legal and political landscape very well and is able to provide effective guidance. He is always willing to make the extra effort to ensure that his and his team's advice is helpful.”
Min-Ho Lee
“Provides a solution based on an in-depth knowledge of the customer through excellent communication.”
Chunsoo Lee
“He showed practical and professional advice, good teamwork and problem-solving skills.”
Hyo Je Lee
“He is a very brilliant lawyer with a brilliant career, but he is also very honest and humble.”
Jongmin Lee
“Full engagement with the legal process, and very good experience and knowledge of IP and information security affairs.”
Yoonchang (Marcus) Lee
“He is smart and benevolent. He communicates well with the clients. Also, he is good at patent trials/lawsuits.”
Hwan Beom Lee
“Very responsive and swift action, pragmatic approach. He is very speedy and strategic.”
Shin Kwon Lim
“He is very thorough and has high knowledge and experience in the area.”
“A brilliant legal mind, Shin Kwon is also very efficient and responsive, which makes him an ideal counsel for complex M&A transactions.”
“He suggested acceptable solutions whenever I encountered unexpected problems, which was very valuable.”
Tae-Yeon Nam
“Very professional and shows depth of knowledge.”
Min-Young Oh
“Wide spectrum of knowledge spanning many fields, and understands the client's needs.”
Joon Hwan Park
“As a senior attorney in the maritime and energy fields, I understand Joonhwan has considerable experience and knowledge in the relevant field. He is very efficient and helpful in addressing licensing issues and is capable of handling work in the most proper and efficient manner. His communication skills are excellent in that he truly understands clients’ needs.”
Jong Hyun Park
“Great assessment of situation and potential risks; proactive and creative problem-solving; and willingness to go out of his way to find a solution in all situations.”
Jae Suk Park
“Provides solutions based on an in-depth knowledge of the customer's needs through excellent communication, with integrity, accountability and a commitment to ethics, while demonstrating resilience and enthusiasm.”
“Jae Suk Park, who is our business partner, prepared a well-organised ACVA filing strategy. It aligned well with the latest practice and trend. He and his team are highly qualified to achieve what the client wants.”
Soyun Park
“She is an incredibly talented and proactive tax specialist who possesses a friendly demeanour. Furthermore, she has a customer-centric mindset, always anticipating the potential needs of clients and proactively addressing hidden risks in advance. Without a doubt, she is one of the finest lawyers I have ever worked.”
Joel Richardson
“He has great communication skills (orally and in writing). He thinks very rapidly in a courtroom environment. He is very ethical. He has an excellent personality. He treats his co-workers with great respect. He does not take contrary opinions personally.”
“Excellent communication and legal knowledge, applying strategic thinking and responsiveness.”
“Partner Joel Richardson and his team are amazing. They know the law, the market, and are quick learners about the technology. They exhibit excellent judgement – prudent but not overly risk averse.”
Yoon Sang Sim
“Reliability and high level of expertise.”
“Yoon Sang is very responsive and provides concise and practical advice. Yong Sang effectively leads other attorneys and professionals.”
Bumkyu Sung
“Provides professional and practical advice with a very responsive and timely manner, demonstrating a deep understanding of the finance industry.”
Work highlights
Represented MBK Partners, UCK Partners and individual shareholders in its purchase and sale of Medit Corporation.
Advised Hahn & Company in its acquisition of industrial film business in SKC. The transaction involved a large-scale acquisition of a vertically spun-off business from SKC with a purchase price of approximately W1.6 trillion ($1.2 billion).
Advised Brookfield Asset Management on its acquisition of industrial gas supply facilities of SK Materials Airplus. The facility acquired by Brookfield Asset Management supplies industrial gas required for the semiconductor production process at SK Hynix’s Icheon plant. The transaction is Brookfield Asset Management’s first infrastructure investment in Korea.
Key clients
BCC Mandarin Investment, Pwarp Investment, UCK Partners.
An undisputed premier firm, Lee & Ko holds steady in the rankings as a fool-proof 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 developments in the last 12 months include the departure of banking and finance partner HK (Helen) Sohn to Yoon & Yang. On the other hand, the firm’s capital markets practice welcomed Taekyoung Kwon and Dajeong Kim as partners. Furthermore, Sujin Jun joined the firm’s antitrust/competition team from the Seoul High Court, while Young Jin Kim joined the labour and employment practice after serving as a judge in the Seoul District Court, Seoul High Court, and ultimately the Korean Supreme Court. The firm’s corporate and M&A team has also been expanding over the past year, with five new partners on board. Its dispute resolution team also welcomed 11 new partners.
Client feedback
“Lee & Ko is able to understand the intricacies of air mileage system. There was little precedent for examination of air mileage, but Lee & Ko was able to develop a comprehensive argument using similar cases as the basis.” – Aviation
“Lee & Ko’s client service is unsurpassed. Considering the stakes, I make frequent requests, require detailed explanations to questions and at times probably ask more of Lee & Ko than other clients, but Lee & Ko always responds promptly and provides detailed answers that not only take into account our commercial interests, but our legal fees as well. If you are looking for the highest quality service with the best value, I could not recommend any other firm.” – Competition/antitrust
“The attorneys at Lee & Ko are very professional and devoted. Their fee charge is reasonable.” – Competition/antitrust
"They are professional and dedicated to their clients. They have demonstrated excellent practice." – Competition/antitrust
“They are loyal to our company and do the best for the client's needs.” – Corporate and M&A
“Dedicated team with the most professional and in-depth legal service.” – Corporate and M&A
“Lee & Ko provides excellent service in an efficient manner.” – Corporate and M&A
"Lee & Ko provided timely and necessary advisory opinions based on extensive legal knowledge and experience.” – Corporate and M&A
"The firm demonstrates a careful and serious approach to their work. They have a strong ability to identify and address issues, while also excelling in interpreting the specific needs of their clients.” – Corporate and M&A
“Provides timely and accurate information needed for decision-making.” – Corporate and M&A
“Very effective arbitration counsel. They are thorough, tenacious and collegial. One of the best in South Korea by far.” – Dispute resolution
“Lee & Ko has separate teams for each problem field, so it is always possible to respond in all directions as it reacts quickly to advice and shares intellectual experience in each field.” – Dispute resolution
“They are loyal to the client, experienced and cost-efficient.” – Insurance
“They try to provide specific answers on the client's question.” – Insurance
“Lee & Ko in South Korea has been faithfully responding to lawsuits by understanding the issues that customers need to respond to and supporting them with sufficient evidence.” – Labour and employment
“Professional in both jurisdictions in South Korea, the US and Europe. We had local law firms in the target countries but Lee & Ko have had good communication and cooperation with the firms and their professionals.” – Real estate
“They provide detailed and helpful advice.” – Shipping
“The provision of useful information and active customer care.” – Tax
Seungwan Hahm
“Based on our professional legal knowledge, he presents a feasible plan along with detailed explanations.”
Jong Youn Han
“Her leadership, strategy and thoughtful approach to each step of this case, from the investigation to the consent order, is one of the biggest factors in our successful thus far. She provides us with a variety of strategies and alternative courses of action, which is crucial as we have experienced a number of hurdles to overcome in reaching the consent order. Her oversight and strategic insight is unmatched. If you are looking for an answer to a question, you could consult a number of lawyers from top firms, but if you are looking for multiple strategic solutions to an issue based on your specific needs, I can recommend Jong Youn Han.”
Joo Hye Hong
“She has a high level of analysis and understanding of her case. Her oral arguments are always convincing and systematic.”
Jinyoung Jung
“Very knowledgeable and hard-working.”
Jang Hyun Ka
“He has deep knowledge and experience in antitrust law. He is exceptional at responding to government investigations and litigation.”
Sang Gon Kim
“Sang Gon possesses professional knowledge, a strong network, and effective customer management skills."
Miji Lee
“She explains very specifically and clearly to clients.”
“She enthusiastically answers everything.”
Ho Joon Moon
“The best lawyer I can rely on in the field of corporate M&A. He demonstrates deep knowledge and experience. He is extremely thoughtful and insightful. No other lawyer in Korea can match.”
“He is one of the most experienced corporate M&A lawyers in South Korea. He has deep understanding of complex legal issues, is very responsive and has a high commercial awareness with a client-service mindset.”
Jae Heon Park
“Very experienced.”
Ji Young Tae
“She is very responsive to the client’s needs. She provides practical and in-depth advice.”
Robert Wachter
“One of the best cross-examiners in Asia. He is also very good at framing his case in a simple and straightforward way.”
Dong Seok Woo
“Dongseok prioritises client responsibility, effective communication, and employs professionals with expertise in the real estate sector.”
Yang Ho Yoon
"He is highly experienced and focused when it comes to providing professional services. He also demonstrates a keen understanding of commercial aspects."
Work highlights
Advised individual shareholders of Kwangjin Chemical and The K Logitech in their sales of shares to the Spac incorporated by Affirma Capital Managers Korea and The Ham Partners.
Advised Tonic Private Equity in its subscription of newly issued Series G shares of Viva Republica, the developer and operator of fintech platform Toss.
Advised Greenwich ESG No.1 on its execution of the share purchase agreement to purchase a 100% stake in Sunjin Transportation held by individual shareholders.
Key clients
Affirma Capital Managers Korea, IBKTS Exit Private Equity Fund, Pactum-Bailey Mondo Private Equity Fund.
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 capital markets team hired Jun (Joonho) Kim, HK (Helen) Sohn, Sung Jin Ro, W (Jason) Lee and Song Feng Hong as partners in 2022 and 2023.
Work highlights
Advised Korea Investment SG Corporate Financial Stability PEF, Korea Investment PE on its investment in Daehan Shipbuilding.
Advised Kiwoom Asset Management on the sale of its shares of its wholly owned subsidiary, a fund formed and existing under the laws of Korea, to a wholly owned subsidiary of POSCO, a company established under the laws of the Province of British Columbia for a value of W169.9 billion ($128 million).
Key clients
Cactus Private Equity, Kclavis, KTB Private Equity
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 area. 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 including Indonesia, Myanmar, Laos and Vietnam.
Client feedback
“Professional with good communication skills.” – Media and entertainment
Moonhee Kim
“She is professional in the media and entertainment field.”
Work highlights
Represented Hanwha REITs on the purchase of five buildings including Hanwha General Insurance’s Yeouido Building and Hanwha Life Financial Service’s Pyeongchon and Nowon Buildings, and financing for the purchases.
Represented Smilegate Asset Management and provided legal advice on the sale of the logistics centre located in Oryu-dong, Incheon.
Key clients
Godeok PFV, Kiwoom Asset Management, Mastern Investment Management.
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, peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s aviation and shopping pillar gained two additional lawyers from peer firms, while the banking and finance team was boosted by three. In 2022, the firm’s dispute resolution practice and IP practice witnessed the addition of 18 and five new hires, respectively. Regrettably for the firm’s energy practice, three practitioners departed to Shim & Kim in 2023.
Client feedback
“They have strong internal teams consisting of various experts, including non-attorneys. Together with these strong internal teams, the attorneys provide practical advice. Overall, their work quality is excellent compared to other top-tier law firms in Korea.” – Banking and finance
“They not only know the substance but are also able to provide strategic guidance to help navigate the most challenging legal issues.” – Competition/antitrust
“Kim & Chang views the works and projects in detail but also overall, and presents issues and solutions before the client realises there could be a problem.” – Corporate and M&A
“Cutting-edge expertise and vast experience in M&A.” – Corporate and M&A
“The firm has great expertise in all legal areas and full resources to support clients.” – Corporate and M&A
“Accurate analysis of applicable local laws and practical advising on drafting a deal structure.” – Corporate and M&A
“They are brilliant communicators and can handle very difficult personalities diplomatically and with great charm. Their legal advice is strong and they are well organised and able to get through large volumes of work against tight deadlines.” – Dispute resolution
“Kim and Chang lawyers are professional, ethical and very smart. They quickly grasped detailed technical positions and smoothly integrated our technical analysis into legal briefs and presentations. I had confidence from the beginning that Kim and Chang was interested in seeing justice done more than in 'just winning'. On this point, they never wavered.” – Dispute resolution
“They have provided legal analysis thoroughly and timely, and coped with hearings well. They have communicated with our client from time to time to deliver and discuss implications and next steps.” – Dispute resolution
“One-stop shop – expertise in all aspects of law, and understanding the client's needs.” – Energy
“The offshore wind farm development project involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Energy
“The firm conducted due diligence well and provided advice on what needed to be checked and repaired for the upcoming deal. Throughout the process, they provided us with relevant and convincing materials, which made negotiations with the buyer easier for me.” – Infrastructure
“Expertise on the insurance sector, and good communication with local regulators.” – Insurance
“Kim & Chang was able to win the lawsuit with perfect legal reasoning and relentless diligence.” – Insurance
“Professional service with strong team members.” – Intellectual property
“Very professional.” – Intellectual property
“They do everything extremely well, in a cost-efficient manner. They have their usual personnel working on matters, and bring in additional expertise as needed to address the current issues.” – Intellectual property
“Very strategic and practical, obtaining excellent results.” – Intellectual property
“A truly international approach, a team of highly knowledgeable and responsive lawyers.” – Intellectual property
“Kim & Chang's lawyers and patent attorneys are highly skilled and have the best teamwork. With Kim & Chang, no matter the day or time, the responsiveness is great, and they never fail to provide immediate, in-depth analysis. They also knew exactly what we needed and went beyond what we asked for. Further, the team provided tech intelligence advice using their IP and tech data analysis, which helped our firm’s successful investment in the related technology.” – Intellectual property
“It is amiable and professional. Also, it is good at patent invalidation trials.” – Intellectual property
“They have a deep knowledge of the local patent law and practice and can provide advice even in the most complicated situations – they have a team of lawyers who can provide legal assistance in litigations and also expertise in regulatory matters – so covering almost all topics of interest for the pharmaceutical industry.” – Intellectual property
“Very competent and reliable advice.” – Intellectual property
“Kim & Chang successfully collated various data such as academic papers and financial information utilising patent data as a key input. The outcome provided integrated insight with a patent-based perspective on their industry and competitors.” – Intellectual property
“Professional but agile and adaptive advice and services. The team moves with urgency. Knows what is important and really strives to act on behalf of the client on various cases.” – Intellectual property
“The firm provided a well-balanced view and practical solution. They are the experts on Korean laws and Korean courts cases.” – Labour and employment
“Kim & Chang did a wonderful job defending Google before multiple regulators on our employment decisions.” – Labour and employment
“As we don't have global employment law team members based in South Korea, Kim & Chang are advising us on an ongoing basis. They are super-responsive, provide clear and pragmatic advice, great English and communication skills and also know and share relevant local practice as needed.” – Labour and employment
“Kim and Chang act as a trusted adviser. They understand our business and its associated values which underpin decision-making on labour and employment matters. They partner with us to discuss and strategise issues and adopt a commercially practical approach. They are responsive, often being available at short notice, and have unrivalled depth of experience in their team in the labour and employment space.” – Labour and employment
“Responsiveness, promptness, professionalism. Details.” – Labour and employment
“Professional team members including lawyers, tax lawyers, patent and trademark attorneys and accountants work in close coordination with each other.” – Private equity
“Most comprehensive services customised for M&A with breadth and depth of legal advice unparalleled in the market.” – Private equity
“Identified key regulation issues and mitigated several legal risk factors so that we could make improvements on the deals and eventually completed them.” – Private equity
“Even when we ask for very tight deadlines, Kim & Chang gets things done on time.” – Real estate
“Kim & Chang's professional assets and infrastructures.” – Regulatory
“The offshore wind farm complex development project at issues involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Regulatory
“They fully understand the legal and factual issues and suggest legally persuasive explanations to a court.” – Regulatory
“They very well understand the core issue and provide pragmatic solutions with accuracy and detail.” – Regulatory
“They are very professional.” – Tax
“We will continue to believe in their capabilities and will continue to strengthen our partnership." – Tax
“Understanding the arguments that can be made in defence of the company, and being willing to do so despite an aggressive government investigatory approach. Excellent English skills were instrumental, and their sense of urgency was key.” – Tax
“Kim & Chang is very responsive and understands the company’s needs and goals. Kim & Chang has a well-established group of attorneys and other professionals to manage relations with taxing authorities.” – Tax
“Kim & Chang boasted a team of highly skilled legal specialists proficient in various fields, enabling them to handle a diverse array of issues. Notably, the key counterpart attorneys representing our company were not only trustworthy but also proactive experts in their respective domains.” – Tax
“The first insight is to have a broad perspective on the case. It involves considering the potential impact of the case on the company in the future and exploring solutions from an overall standpoint.” – Tax
“Thoughtful, thorough and responsive.” – Tax
“Kim & Chang is unique in its position that it can support the client throughout different phases of business, from planning (by giving opinions) to implementation (by supporting APA) to tax office level audit (by assisting tax audit and MAP) and to court level audit (by defending the client at court). This enables the efficient retention of historical information and application of a consistent tax position. Simultaneously, Kim & Chang can provide a holistic review from non-tax angles, such as reporting obligations based on other laws. This helps the client to be ready for unforeseen legal obligations.” – Tax
Jay Kim
“Good communication skills and strategic advice. Jay is one of the best client managers I have ever known.”
In Hwan Kim
“Very professional.”
“In Hwan is totally invested in providing the best legal and business advice possible, regardless of the matter. He is extremely knowledgeable, and adds team members as needed. Our matter was and still is the first and only case to successfully recapture the price reduction of an original drug after generic entry.”
Daniel Kim
“Very competent, clear and reliable advice.”
Wan Suk Kim
“He gives quick and straightforward answers.”
John Kwak
“Knowledgeable and responsive.”
Kyung Yul Lee
“He understands the legal and political landscape very well and is able to provide effective guidance. He is always willing to make the extra effort to ensure that his and his team's advice is helpful.”
Min-Ho Lee
“Provides a solution based on an in-depth knowledge of the customer through excellent communication.”
Chunsoo Lee
“He showed practical and professional advice, good teamwork and problem-solving skills.”
Hyo Je Lee
“He is a very brilliant lawyer with a brilliant career, but he is also very honest and humble.”
Jongmin Lee
“Full engagement with the legal process, and very good experience and knowledge of IP and information security affairs.”
Yoonchang (Marcus) Lee
“He is smart and benevolent. He communicates well with the clients. Also, he is good at patent trials/lawsuits.”
Hwan Beom Lee
“Very responsive and swift action, pragmatic approach. He is very speedy and strategic.”
Shin Kwon Lim
“He is very thorough and has high knowledge and experience in the area.”
“A brilliant legal mind, Shin Kwon is also very efficient and responsive, which makes him an ideal counsel for complex M&A transactions.”
“He suggested acceptable solutions whenever I encountered unexpected problems, which was very valuable.”
Tae-Yeon Nam
“Very professional and shows depth of knowledge.”
Min-Young Oh
“Wide spectrum of knowledge spanning many fields, and understands the client's needs.”
Joon Hwan Park
“As a senior attorney in the maritime and energy fields, I understand Joonhwan has considerable experience and knowledge in the relevant field. He is very efficient and helpful in addressing licensing issues and is capable of handling work in the most proper and efficient manner. His communication skills are excellent in that he truly understands clients’ needs.”
Jong Hyun Park
“Great assessment of situation and potential risks; proactive and creative problem-solving; and willingness to go out of his way to find a solution in all situations.”
Jae Suk Park
“Provides solutions based on an in-depth knowledge of the customer's needs through excellent communication, with integrity, accountability and a commitment to ethics, while demonstrating resilience and enthusiasm.”
“Jae Suk Park, who is our business partner, prepared a well-organised ACVA filing strategy. It aligned well with the latest practice and trend. He and his team are highly qualified to achieve what the client wants.”
Soyun Park
“She is an incredibly talented and proactive tax specialist who possesses a friendly demeanour. Furthermore, she has a customer-centric mindset, always anticipating the potential needs of clients and proactively addressing hidden risks in advance. Without a doubt, she is one of the finest lawyers I have ever worked.”
Joel Richardson
“He has great communication skills (orally and in writing). He thinks very rapidly in a courtroom environment. He is very ethical. He has an excellent personality. He treats his co-workers with great respect. He does not take contrary opinions personally.”
“Excellent communication and legal knowledge, applying strategic thinking and responsiveness.”
“Partner Joel Richardson and his team are amazing. They know the law, the market, and are quick learners about the technology. They exhibit excellent judgement – prudent but not overly risk averse.”
Yoon Sang Sim
“Reliability and high level of expertise.”
“Yoon Sang is very responsive and provides concise and practical advice. Yong Sang effectively leads other attorneys and professionals.”
Bumkyu Sung
“Provides professional and practical advice with a very responsive and timely manner, demonstrating a deep understanding of the finance industry.”
Work highlights
Advised SK Hynix on a sale and leaseback transaction involving a parcel of land located in Seongnam-si, Gyeonggi-do, Korea, and the office building constructed thereon.
Advised Korea Investment Real Asset Management on the establishment of a real estate investment fund and the acquisition of the Kanda office building located in Chiyoda City, Tokyo by such fund through subscribing to trust beneficial interests by way of anonymous association.
Key clients
Kohlberg Kravis Roberts, YNP Asset Management.
An undisputed premier firm, Lee & Ko holds steady in the rankings as a fool-proof 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 developments in the last 12 months include the departure of banking and finance partner HK (Helen) Sohn to Yoon & Yang. On the other hand, the firm’s capital markets practice welcomed Taekyoung Kwon and Dajeong Kim as partners. Furthermore, Sujin Jun joined the firm’s antitrust/competition team from the Seoul High Court, while Young Jin Kim joined the labour and employment practice after serving as a judge in the Seoul District Court, Seoul High Court, and ultimately the Korean Supreme Court. The firm’s corporate and M&A team has also been expanding over the past year, with five new partners on board. Its dispute resolution team also welcomed 11 new partners.
Client feedback
“Lee & Ko is able to understand the intricacies of air mileage system. There was little precedent for examination of air mileage, but Lee & Ko was able to develop a comprehensive argument using similar cases as the basis.” – Aviation
“Lee & Ko’s client service is unsurpassed. Considering the stakes, I make frequent requests, require detailed explanations to questions and at times probably ask more of Lee & Ko than other clients, but Lee & Ko always responds promptly and provides detailed answers that not only take into account our commercial interests, but our legal fees as well. If you are looking for the highest quality service with the best value, I could not recommend any other firm.” – Competition/antitrust
“The attorneys at Lee & Ko are very professional and devoted. Their fee charge is reasonable.” – Competition/antitrust
"They are professional and dedicated to their clients. They have demonstrated excellent practice." – Competition/antitrust
“They are loyal to our company and do the best for the client's needs.” – Corporate and M&A
“Dedicated team with the most professional and in-depth legal service.” – Corporate and M&A
“Lee & Ko provides excellent service in an efficient manner.” – Corporate and M&A
"Lee & Ko provided timely and necessary advisory opinions based on extensive legal knowledge and experience.” – Corporate and M&A
"The firm demonstrates a careful and serious approach to their work. They have a strong ability to identify and address issues, while also excelling in interpreting the specific needs of their clients.” – Corporate and M&A
“Provides timely and accurate information needed for decision-making.” – Corporate and M&A
“Very effective arbitration counsel. They are thorough, tenacious and collegial. One of the best in South Korea by far.” – Dispute resolution
“Lee & Ko has separate teams for each problem field, so it is always possible to respond in all directions as it reacts quickly to advice and shares intellectual experience in each field.” – Dispute resolution
“They are loyal to the client, experienced and cost-efficient.” – Insurance
“They try to provide specific answers on the client's question.” – Insurance
“Lee & Ko in South Korea has been faithfully responding to lawsuits by understanding the issues that customers need to respond to and supporting them with sufficient evidence.” – Labour and employment
“Professional in both jurisdictions in South Korea, the US and Europe. We had local law firms in the target countries but Lee & Ko have had good communication and cooperation with the firms and their professionals.” – Real estate
“They provide detailed and helpful advice.” – Shipping
“The provision of useful information and active customer care.” – Tax
Seungwan Hahm
“Based on our professional legal knowledge, he presents a feasible plan along with detailed explanations.”
Jong Youn Han
“Her leadership, strategy and thoughtful approach to each step of this case, from the investigation to the consent order, is one of the biggest factors in our successful thus far. She provides us with a variety of strategies and alternative courses of action, which is crucial as we have experienced a number of hurdles to overcome in reaching the consent order. Her oversight and strategic insight is unmatched. If you are looking for an answer to a question, you could consult a number of lawyers from top firms, but if you are looking for multiple strategic solutions to an issue based on your specific needs, I can recommend Jong Youn Han.”
Joo Hye Hong
“She has a high level of analysis and understanding of her case. Her oral arguments are always convincing and systematic.”
Jinyoung Jung
“Very knowledgeable and hard-working.”
Jang Hyun Ka
“He has deep knowledge and experience in antitrust law. He is exceptional at responding to government investigations and litigation.”
Sang Gon Kim
“Sang Gon possesses professional knowledge, a strong network, and effective customer management skills."
Miji Lee
“She explains very specifically and clearly to clients.”
“She enthusiastically answers everything.”
Ho Joon Moon
“The best lawyer I can rely on in the field of corporate M&A. He demonstrates deep knowledge and experience. He is extremely thoughtful and insightful. No other lawyer in Korea can match.”
“He is one of the most experienced corporate M&A lawyers in South Korea. He has deep understanding of complex legal issues, is very responsive and has a high commercial awareness with a client-service mindset.”
Jae Heon Park
“Very experienced.”
Ji Young Tae
“She is very responsive to the client’s needs. She provides practical and in-depth advice.”
Robert Wachter
“One of the best cross-examiners in Asia. He is also very good at framing his case in a simple and straightforward way.”
Dong Seok Woo
“Dongseok prioritises client responsibility, effective communication, and employs professionals with expertise in the real estate sector.”
Yang Ho Yoon
"He is highly experienced and focused when it comes to providing professional services. He also demonstrates a keen understanding of commercial aspects."
Work highlights
Advised a global asset management company on the purchase of a distribution facility with office and warehouse in Omaha, Nebraska. This was a transaction involving a highly regarded logistics asset in Nebraska whereby two Korean investment trusts purchased the asset from the seller upon its construction completion and the commencement of lease by FedEx.
Advised DAOL Asset Management on the sale of its stake in a corporation which owns Congress Square based in Boston, USA.
Key clients
IGIS Asset Management, Property K, Samsung SRA Asset Management, Tiger Alternative Investors.
An undisputed premier firm, Lee & Ko holds steady in the rankings as a fool-proof 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 developments in the last 12 months include the departure of banking and finance partner HK (Helen) Sohn to Yoon & Yang. On the other hand, the firm’s capital markets practice welcomed Taekyoung Kwon and Dajeong Kim as partners. Furthermore, Sujin Jun joined the firm’s antitrust/competition team from the Seoul High Court, while Young Jin Kim joined the labour and employment practice after serving as a judge in the Seoul District Court, Seoul High Court, and ultimately the Korean Supreme Court. The firm’s corporate and M&A team has also been expanding over the past year, with five new partners on board. Its dispute resolution team also welcomed 11 new partners.
Client feedback
“Lee & Ko is able to understand the intricacies of air mileage system. There was little precedent for examination of air mileage, but Lee & Ko was able to develop a comprehensive argument using similar cases as the basis.” – Aviation
“Lee & Ko’s client service is unsurpassed. Considering the stakes, I make frequent requests, require detailed explanations to questions and at times probably ask more of Lee & Ko than other clients, but Lee & Ko always responds promptly and provides detailed answers that not only take into account our commercial interests, but our legal fees as well. If you are looking for the highest quality service with the best value, I could not recommend any other firm.” – Competition/antitrust
“The attorneys at Lee & Ko are very professional and devoted. Their fee charge is reasonable.” – Competition/antitrust
"They are professional and dedicated to their clients. They have demonstrated excellent practice." – Competition/antitrust
“They are loyal to our company and do the best for the client's needs.” – Corporate and M&A
“Dedicated team with the most professional and in-depth legal service.” – Corporate and M&A
“Lee & Ko provides excellent service in an efficient manner.” – Corporate and M&A
"Lee & Ko provided timely and necessary advisory opinions based on extensive legal knowledge and experience.” – Corporate and M&A
"The firm demonstrates a careful and serious approach to their work. They have a strong ability to identify and address issues, while also excelling in interpreting the specific needs of their clients.” – Corporate and M&A
“Provides timely and accurate information needed for decision-making.” – Corporate and M&A
“Very effective arbitration counsel. They are thorough, tenacious and collegial. One of the best in South Korea by far.” – Dispute resolution
“Lee & Ko has separate teams for each problem field, so it is always possible to respond in all directions as it reacts quickly to advice and shares intellectual experience in each field.” – Dispute resolution
“They are loyal to the client, experienced and cost-efficient.” – Insurance
“They try to provide specific answers on the client's question.” – Insurance
“Lee & Ko in South Korea has been faithfully responding to lawsuits by understanding the issues that customers need to respond to and supporting them with sufficient evidence.” – Labour and employment
“Professional in both jurisdictions in South Korea, the US and Europe. We had local law firms in the target countries but Lee & Ko have had good communication and cooperation with the firms and their professionals.” – Real estate
“They provide detailed and helpful advice.” – Shipping
“The provision of useful information and active customer care.” – Tax
Seungwan Hahm
“Based on our professional legal knowledge, he presents a feasible plan along with detailed explanations.”
Jong Youn Han
“Her leadership, strategy and thoughtful approach to each step of this case, from the investigation to the consent order, is one of the biggest factors in our successful thus far. She provides us with a variety of strategies and alternative courses of action, which is crucial as we have experienced a number of hurdles to overcome in reaching the consent order. Her oversight and strategic insight is unmatched. If you are looking for an answer to a question, you could consult a number of lawyers from top firms, but if you are looking for multiple strategic solutions to an issue based on your specific needs, I can recommend Jong Youn Han.”
Joo Hye Hong
“She has a high level of analysis and understanding of her case. Her oral arguments are always convincing and systematic.”
Jinyoung Jung
“Very knowledgeable and hard-working.”
Jang Hyun Ka
“He has deep knowledge and experience in antitrust law. He is exceptional at responding to government investigations and litigation.”
Sang Gon Kim
“Sang Gon possesses professional knowledge, a strong network, and effective customer management skills."
Miji Lee
“She explains very specifically and clearly to clients.”
“She enthusiastically answers everything.”
Ho Joon Moon
“The best lawyer I can rely on in the field of corporate M&A. He demonstrates deep knowledge and experience. He is extremely thoughtful and insightful. No other lawyer in Korea can match.”
“He is one of the most experienced corporate M&A lawyers in South Korea. He has deep understanding of complex legal issues, is very responsive and has a high commercial awareness with a client-service mindset.”
Jae Heon Park
“Very experienced.”
Ji Young Tae
“She is very responsive to the client’s needs. She provides practical and in-depth advice.”
Robert Wachter
“One of the best cross-examiners in Asia. He is also very good at framing his case in a simple and straightforward way.”
Dong Seok Woo
“Dongseok prioritises client responsibility, effective communication, and employs professionals with expertise in the real estate sector.”
Yang Ho Yoon
"He is highly experienced and focused when it comes to providing professional services. He also demonstrates a keen understanding of commercial aspects."
Work highlights
Advised Daeyang Construction on its rehabilitation proceedings.
Successfully represented a doctor of Korean medicine who operated Chung-Yeon Korean Medicine Hospital in Gwangju, Korea whose debt size exceeded W200 billion, in his rehabilitation proceeding.
Represented Gwangsan Tour against the creditors’ application for bankruptcy.
Key clients
Korea Development Bank, Mesh Korea, NH Bank, Vespa.
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 banking and finance team had three promotions in May 2023: Hee Young Park, Jaecheong Oh and Na Yu were promoted to partners. It also welcomed Ji Hoon Kim, Jongki Kim and Dong Jun Park as partners in 2022. The firm’s competition/antitrust team hired Seung Hyeon Sung from Yoon & Yang as a partner in May 2022. Eui-Rae Kim and Soon-Youl Kwon also joined as partners from Ministry of Justice and Seoul High Court, respectively. The firm’s M&A team lured Hyun Kim, Sang Min Lee and Yeon Woo Choi as partners from Lee & Ko in October 2022.
Work highlights
Advised SsangYong Motor Corporation on its rehabilitation proceedings. The transaction was the largest M&A deal involving rehabilitation proceedings in recent years in South Korea.
Advised World Expo 2030 Busan Bid Committee on its dissolution, liquidation and transfer of its work and functions to the Korean government authority.
Advised Central Jungdo on initiating rehabilitation proceedings against Gangwon Jungdo Development.
Key clients
CJ CheilJedang Corporation, DSME Construction, HY Co
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 more than 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. The labour and employment team welcomed Jahyeong Ku and Kwang Sun Lee from Jipyong as partners in February 2023.
Client feedback
"They were professional in legal due diligence, and their feedback was prompt and reliable." – Corporate and M&A
"They were professional and enthusiastic." – Insurance
"Firstly, Yulchon's approach to the case was admirable. Despite the challenging situation due to Smartscore's extensive preparation and lawsuit, Yulchon provided us with psychological stability by demonstrating their passion and preparedness for various scenarios. Secondly, and more importantly, their legal reasoning was solid. While proving that our applications and solutions did not copy theirs, Yulchon discovered numerous prior technologies in preparation for various claims. Building on this, they employed a strategy to refute their premise, asserting that the imitated technology itself lacked originality. To be honest, I was amazed when I received the preparation letter. I have worked on several cases with other law firms, but it's rare to find a flawless and logically sound document that considers all possible scenarios from the outset. This made a positive impression on the judge during the hearing (even though it was a provisional hearing) and instilled confidence in the case. In summary, the lawsuit strategy presented by Yulchon was creative yet well-founded, leading us in a positive direction. Additionally, they provided various examples to support their logic, demonstrating their passion for delving into even the minutest technological details. Consequently, they submitted a perfectly prepared document. Their professionalism and passionate attitude, two qualities we value in our lawyers, were evident." – Intellectual property
"Their ability to handle complex and sophisticated matters is truly commendable. They navigate intricate issues with finesse and expertise, unmatched by others. They consistently demonstrate exceptional skill, competence and strategic thinking in challenging scenarios. Their astute analysis, sharp problem-solving skills and comprehensive understanding of intricate matters are truly impressive. They exhibit a remarkable ability to unravel complex issues and propose innovative solutions. Their proficiency in handling intricate and sophisticated matters is exceptional, distinguishing them in their field. Additionally, they possess a diverse range of expertise and skills that span various areas, enabling them to approach projects from multiple angles. The team members demonstrate a profound understanding of their respective fields and showcase a broad knowledge base. Their collective capabilities and depth of knowledge enable them to effectively handle complex and multifaceted tasks. Furthermore, their seamless collaboration and leveraging of each other's strengths contribute to the team's overall effectiveness. In summary, their team's depth and breadth are truly impressive, positioning them as a formidable force in their field." – Intellectual property
Yun Heui Cho
“Lawyer Cho is a former judge, and he's good at pleading for the court to understand.”
Yong Whan Choi
“Mr. Choi is the best lawyer related to tax fields in Korea, and that is why we are now working with Yulchon. I believe that there is not any work without Mr. Choi. He is creative and knowledgeable with a professional attitude.”
Hee Woo Jo
“First, he quickly recognises what the client wants and needs and comes back unconditionally the next meeting. Thanks to this, I can proceed with the fast-paced case comfortably and entrust it. Also, he has a rare and perfect expertise in this area. In this field, the industry has changed and diversified so rapidly that it is very difficult to grasp the contents, and other lawyers only understand it by gathering and learning a lot of information, but he is already very familiar with this industry and knows all the latest technologies, laws, precedents and trends. That is why we could follow his lead, and move in the correct direction accordingly, because we could believe that he knew everything and was managing it, even if we didn't know everything.”
Jin Kook Lee
“His fast feedback and problem-solving ability made the project progress favourably for our company.”
Yong Min Lee
“He has consistently delivered exceptional legal services, demonstrating an unparalleled level of expertise. With a deep understanding of the law and an unwavering commitment to excellence, he has consistently achieved outstanding results for us. His meticulous approach to legal matters, combined with his strategic thinking and sharp analytical skills, has enabled him to navigate complex legal issues with precision and effectiveness. We can trust in his ability to provide comprehensive and tailored legal solutions that meet our specific needs.”
Hyun Hwa Shin
“Hyunhwa offers a customer-oriented service backed by a high level of understanding and expertise in the insurance industry.”
Kyung Ae Yoon
“As a former examiner at the Patent and Trademark Office, her patent analysis is accurate and fast.”
Work highlights
Represented Seoul Guarantee Insurance Company in rehabilitation procedures against Myongji School Foundation, a non-profit foundation subject to special legal regulations.
Representing Korea Development Bank in rehabilitation proceedings of SsangYong Motor Company.
Representing Seoul Guarantee Insurance Company in an action to confirm the non-existence of debt brought by its counterparty Lotte Tour Development.
Key clients
Energyen, Jabez Partners, KEB Hana Bank
Established in 1997, Choi & Kim pioneered maritime law in South Korea, specialising in maritime, insurance and disputes. Having set the standard, the firm has built a reputation as a leader in the sector with clients including international oil pollution compensation funds, protection and indemnity clubs and shipping companies. Choi & Kim's client base extends internationally, advising and representing companies like Maersk and CMA CGM on legal issues through litigation and arbitration. Given the number of maritime incidents under Seoul and Busan jurisdictions, the firm operates in both cities. Based in Seoul for 25 years, the firm expanded to Busan in 2023 to offer more efficient, affordable services for Busan cases. Key partners of the firm include JH Choi and CJ Kim.
Work highlights
Acted for ship owners in a litigation case seeking to lift a wreck removal order against the port authority. This case marks the first ruling where the court invalidated a wreck removal order issued by the port authorities for a sunken vessel.
Acted for a licensor of liquefied natural gas (LNG) carrier membranes in a litigation case filed by a shipyard seeking repair costs against the licensor and the designer. This case holds considerable interest within the shipping industry as it concerns potential design defects in the membrane technology of the South Korean-developed LNG carrier, part of a national project. The dispute involves a substantial claim and has garnered attention within the sector.
Acted for a container yard in a litigation case brought by a bill of lading holder seeking compensation for mis-delivery against a container yard. Container deliveries at South Korean container terminals are conducted following electronic delivery orders issued by shipping companies via an electronic trading system. This case represents the first time the legitimacy of procedures established through the electronic trading system has been disputed, with consideration given to precedents set when paper documents were utilised.
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, peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s aviation and shopping pillar gained two additional lawyers from peer firms, while the banking and finance team was boosted by three. In 2022, the firm’s dispute resolution practice and IP practice witnessed the addition of 18 and five new hires, respectively. Regrettably for the firm’s energy practice, three practitioners departed to Shim & Kim in 2023.
Client feedback
“They have strong internal teams consisting of various experts, including non-attorneys. Together with these strong internal teams, the attorneys provide practical advice. Overall, their work quality is excellent compared to other top-tier law firms in Korea.” – Banking and finance
“They not only know the substance but are also able to provide strategic guidance to help navigate the most challenging legal issues.” – Competition/antitrust
“Kim & Chang views the works and projects in detail but also overall, and presents issues and solutions before the client realises there could be a problem.” – Corporate and M&A
“Cutting-edge expertise and vast experience in M&A.” – Corporate and M&A
“The firm has great expertise in all legal areas and full resources to support clients.” – Corporate and M&A
“Accurate analysis of applicable local laws and practical advising on drafting a deal structure.” – Corporate and M&A
“They are brilliant communicators and can handle very difficult personalities diplomatically and with great charm. Their legal advice is strong and they are well organised and able to get through large volumes of work against tight deadlines.” – Dispute resolution
“Kim and Chang lawyers are professional, ethical and very smart. They quickly grasped detailed technical positions and smoothly integrated our technical analysis into legal briefs and presentations. I had confidence from the beginning that Kim and Chang was interested in seeing justice done more than in 'just winning'. On this point, they never wavered.” – Dispute resolution
“They have provided legal analysis thoroughly and timely, and coped with hearings well. They have communicated with our client from time to time to deliver and discuss implications and next steps.” – Dispute resolution
“One-stop shop – expertise in all aspects of law, and understanding the client's needs.” – Energy
“The offshore wind farm development project involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Energy
“The firm conducted due diligence well and provided advice on what needed to be checked and repaired for the upcoming deal. Throughout the process, they provided us with relevant and convincing materials, which made negotiations with the buyer easier for me.” – Infrastructure
“Expertise on the insurance sector, and good communication with local regulators.” – Insurance
“Kim & Chang was able to win the lawsuit with perfect legal reasoning and relentless diligence.” – Insurance
“Professional service with strong team members.” – Intellectual property
“Very professional.” – Intellectual property
“They do everything extremely well, in a cost-efficient manner. They have their usual personnel working on matters, and bring in additional expertise as needed to address the current issues.” – Intellectual property
“Very strategic and practical, obtaining excellent results.” – Intellectual property
“A truly international approach, a team of highly knowledgeable and responsive lawyers.” – Intellectual property
“Kim & Chang's lawyers and patent attorneys are highly skilled and have the best teamwork. With Kim & Chang, no matter the day or time, the responsiveness is great, and they never fail to provide immediate, in-depth analysis. They also knew exactly what we needed and went beyond what we asked for. Further, the team provided tech intelligence advice using their IP and tech data analysis, which helped our firm’s successful investment in the related technology.” – Intellectual property
“It is amiable and professional. Also, it is good at patent invalidation trials.” – Intellectual property
“They have a deep knowledge of the local patent law and practice and can provide advice even in the most complicated situations – they have a team of lawyers who can provide legal assistance in litigations and also expertise in regulatory matters – so covering almost all topics of interest for the pharmaceutical industry.” – Intellectual property
“Very competent and reliable advice.” – Intellectual property
“Kim & Chang successfully collated various data such as academic papers and financial information utilising patent data as a key input. The outcome provided integrated insight with a patent-based perspective on their industry and competitors.” – Intellectual property
“Professional but agile and adaptive advice and services. The team moves with urgency. Knows what is important and really strives to act on behalf of the client on various cases.” – Intellectual property
“The firm provided a well-balanced view and practical solution. They are the experts on Korean laws and Korean courts cases.” – Labour and employment
“Kim & Chang did a wonderful job defending Google before multiple regulators on our employment decisions.” – Labour and employment
“As we don't have global employment law team members based in South Korea, Kim & Chang are advising us on an ongoing basis. They are super-responsive, provide clear and pragmatic advice, great English and communication skills and also know and share relevant local practice as needed.” – Labour and employment
“Kim and Chang act as a trusted adviser. They understand our business and its associated values which underpin decision-making on labour and employment matters. They partner with us to discuss and strategise issues and adopt a commercially practical approach. They are responsive, often being available at short notice, and have unrivalled depth of experience in their team in the labour and employment space.” – Labour and employment
“Responsiveness, promptness, professionalism. Details.” – Labour and employment
“Professional team members including lawyers, tax lawyers, patent and trademark attorneys and accountants work in close coordination with each other.” – Private equity
“Most comprehensive services customised for M&A with breadth and depth of legal advice unparalleled in the market.” – Private equity
“Identified key regulation issues and mitigated several legal risk factors so that we could make improvements on the deals and eventually completed them.” – Private equity
“Even when we ask for very tight deadlines, Kim & Chang gets things done on time.” – Real estate
“Kim & Chang's professional assets and infrastructures.” – Regulatory
“The offshore wind farm complex development project at issues involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Regulatory
“They fully understand the legal and factual issues and suggest legally persuasive explanations to a court.” – Regulatory
“They very well understand the core issue and provide pragmatic solutions with accuracy and detail.” – Regulatory
“They are very professional.” – Tax
“We will continue to believe in their capabilities and will continue to strengthen our partnership." – Tax
“Understanding the arguments that can be made in defence of the company, and being willing to do so despite an aggressive government investigatory approach. Excellent English skills were instrumental, and their sense of urgency was key.” – Tax
“Kim & Chang is very responsive and understands the company’s needs and goals. Kim & Chang has a well-established group of attorneys and other professionals to manage relations with taxing authorities.” – Tax
“Kim & Chang boasted a team of highly skilled legal specialists proficient in various fields, enabling them to handle a diverse array of issues. Notably, the key counterpart attorneys representing our company were not only trustworthy but also proactive experts in their respective domains.” – Tax
“The first insight is to have a broad perspective on the case. It involves considering the potential impact of the case on the company in the future and exploring solutions from an overall standpoint.” – Tax
“Thoughtful, thorough and responsive.” – Tax
“Kim & Chang is unique in its position that it can support the client throughout different phases of business, from planning (by giving opinions) to implementation (by supporting APA) to tax office level audit (by assisting tax audit and MAP) and to court level audit (by defending the client at court). This enables the efficient retention of historical information and application of a consistent tax position. Simultaneously, Kim & Chang can provide a holistic review from non-tax angles, such as reporting obligations based on other laws. This helps the client to be ready for unforeseen legal obligations.” – Tax
Jay Kim
“Good communication skills and strategic advice. Jay is one of the best client managers I have ever known.”
In Hwan Kim
“Very professional.”
“In Hwan is totally invested in providing the best legal and business advice possible, regardless of the matter. He is extremely knowledgeable, and adds team members as needed. Our matter was and still is the first and only case to successfully recapture the price reduction of an original drug after generic entry.”
Daniel Kim
“Very competent, clear and reliable advice.”
Wan Suk Kim
“He gives quick and straightforward answers.”
John Kwak
“Knowledgeable and responsive.”
Kyung Yul Lee
“He understands the legal and political landscape very well and is able to provide effective guidance. He is always willing to make the extra effort to ensure that his and his team's advice is helpful.”
Min-Ho Lee
“Provides a solution based on an in-depth knowledge of the customer through excellent communication.”
Chunsoo Lee
“He showed practical and professional advice, good teamwork and problem-solving skills.”
Hyo Je Lee
“He is a very brilliant lawyer with a brilliant career, but he is also very honest and humble.”
Jongmin Lee
“Full engagement with the legal process, and very good experience and knowledge of IP and information security affairs.”
Yoonchang (Marcus) Lee
“He is smart and benevolent. He communicates well with the clients. Also, he is good at patent trials/lawsuits.”
Hwan Beom Lee
“Very responsive and swift action, pragmatic approach. He is very speedy and strategic.”
Shin Kwon Lim
“He is very thorough and has high knowledge and experience in the area.”
“A brilliant legal mind, Shin Kwon is also very efficient and responsive, which makes him an ideal counsel for complex M&A transactions.”
“He suggested acceptable solutions whenever I encountered unexpected problems, which was very valuable.”
Tae-Yeon Nam
“Very professional and shows depth of knowledge.”
Min-Young Oh
“Wide spectrum of knowledge spanning many fields, and understands the client's needs.”
Joon Hwan Park
“As a senior attorney in the maritime and energy fields, I understand Joonhwan has considerable experience and knowledge in the relevant field. He is very efficient and helpful in addressing licensing issues and is capable of handling work in the most proper and efficient manner. His communication skills are excellent in that he truly understands clients’ needs.”
Jong Hyun Park
“Great assessment of situation and potential risks; proactive and creative problem-solving; and willingness to go out of his way to find a solution in all situations.”
Jae Suk Park
“Provides solutions based on an in-depth knowledge of the customer's needs through excellent communication, with integrity, accountability and a commitment to ethics, while demonstrating resilience and enthusiasm.”
“Jae Suk Park, who is our business partner, prepared a well-organised ACVA filing strategy. It aligned well with the latest practice and trend. He and his team are highly qualified to achieve what the client wants.”
Soyun Park
“She is an incredibly talented and proactive tax specialist who possesses a friendly demeanour. Furthermore, she has a customer-centric mindset, always anticipating the potential needs of clients and proactively addressing hidden risks in advance. Without a doubt, she is one of the finest lawyers I have ever worked.”
Joel Richardson
“He has great communication skills (orally and in writing). He thinks very rapidly in a courtroom environment. He is very ethical. He has an excellent personality. He treats his co-workers with great respect. He does not take contrary opinions personally.”
“Excellent communication and legal knowledge, applying strategic thinking and responsiveness.”
“Partner Joel Richardson and his team are amazing. They know the law, the market, and are quick learners about the technology. They exhibit excellent judgement – prudent but not overly risk averse.”
Yoon Sang Sim
“Reliability and high level of expertise.”
“Yoon Sang is very responsive and provides concise and practical advice. Yong Sang effectively leads other attorneys and professionals.”
Bumkyu Sung
“Provides professional and practical advice with a very responsive and timely manner, demonstrating a deep understanding of the finance industry.”
Work highlights
Advised Ford Motor Company on its tax structuring of $13.2 billion joint venture with SK On. Since the joint venture involved a Korean company and a US company, it was necessary to devise a mutually acceptable structure that accommodated the tax systems of both countries and the existing tax structures of the partners. This task proved challenging due to the differences between the two countries' tax systems.
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 banking and finance team had three promotions in May 2023: Hee Young Park, Jaecheong Oh and Na Yu were promoted to partners. It also welcomed Ji Hoon Kim, Jongki Kim and Dong Jun Park as partners in 2022. The firm’s competition/antitrust team hired Seung Hyeon Sung from Yoon & Yang as a partner in May 2022. Eui-Rae Kim and Soon-Youl Kwon also joined as partners from Ministry of Justice and Seoul High Court, respectively. The firm’s M&A team lured Hyun Kim, Sang Min Lee and Yeon Woo Choi as partners from Lee & Ko in October 2022.
Work highlights
Advised Oracle Korea on the imposition of corporate income tax.
Advised Paju Energy Service on a tax appeal for cancellation of imposition of corporation income tax.
Key clients
AIG, GE Capital, Narae Energy Service, Songwon Industrial
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 capital markets team hired Jun (Joonho) Kim, HK (Helen) Sohn, Sung Jin Ro, W (Jason) Lee and Song Feng Hong as partners in 2022 and 2023.
Work highlights
Advised Shinhan Card on the reversion of refunded value-added tax in relation to sales allowance.
Represented Taesung Steel in a lawsuit to set aside the imposition of an anti-dumping tariff. This case is significant, both as a high-value issue of over W10 billion and as a case related to anti-dumping tariffs, which represents a specialised area within the customs field. Moreover, the outcome of this case is likely to have broader implications for future cases, as it will establish a precedent on the role and significance of the investigation process that must precede imposition of anti-dumping duties.
Advised Rolex Korea on a $1.4 million tax litigation case to set aside a disposition imposing corporate tax on transfer pricing transactions. This matter is expected to provide a more precise interpretation on the appropriateness of an integrated evaluation of individual transactions, which often causes issues during tax audits on domestic multinational companies.
Key clients
Bucket Studio, Hanwha Systems, Hyundai Green Food, Kiwoom Asset Management
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 more than 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. The labour and employment team welcomed Jahyeong Ku and Kwang Sun Lee from Jipyong as partners in February 2023.
Client feedback
"They were professional in legal due diligence, and their feedback was prompt and reliable." – Corporate and M&A
"They were professional and enthusiastic." – Insurance
"Firstly, Yulchon's approach to the case was admirable. Despite the challenging situation due to Smartscore's extensive preparation and lawsuit, Yulchon provided us with psychological stability by demonstrating their passion and preparedness for various scenarios. Secondly, and more importantly, their legal reasoning was solid. While proving that our applications and solutions did not copy theirs, Yulchon discovered numerous prior technologies in preparation for various claims. Building on this, they employed a strategy to refute their premise, asserting that the imitated technology itself lacked originality. To be honest, I was amazed when I received the preparation letter. I have worked on several cases with other law firms, but it's rare to find a flawless and logically sound document that considers all possible scenarios from the outset. This made a positive impression on the judge during the hearing (even though it was a provisional hearing) and instilled confidence in the case. In summary, the lawsuit strategy presented by Yulchon was creative yet well-founded, leading us in a positive direction. Additionally, they provided various examples to support their logic, demonstrating their passion for delving into even the minutest technological details. Consequently, they submitted a perfectly prepared document. Their professionalism and passionate attitude, two qualities we value in our lawyers, were evident." – Intellectual property
"Their ability to handle complex and sophisticated matters is truly commendable. They navigate intricate issues with finesse and expertise, unmatched by others. They consistently demonstrate exceptional skill, competence and strategic thinking in challenging scenarios. Their astute analysis, sharp problem-solving skills and comprehensive understanding of intricate matters are truly impressive. They exhibit a remarkable ability to unravel complex issues and propose innovative solutions. Their proficiency in handling intricate and sophisticated matters is exceptional, distinguishing them in their field. Additionally, they possess a diverse range of expertise and skills that span various areas, enabling them to approach projects from multiple angles. The team members demonstrate a profound understanding of their respective fields and showcase a broad knowledge base. Their collective capabilities and depth of knowledge enable them to effectively handle complex and multifaceted tasks. Furthermore, their seamless collaboration and leveraging of each other's strengths contribute to the team's overall effectiveness. In summary, their team's depth and breadth are truly impressive, positioning them as a formidable force in their field." – Intellectual property
Yun Heui Cho
“Lawyer Cho is a former judge, and he's good at pleading for the court to understand.”
Yong Whan Choi
“Mr. Choi is the best lawyer related to tax fields in Korea, and that is why we are now working with Yulchon. I believe that there is not any work without Mr. Choi. He is creative and knowledgeable with a professional attitude.”
Hee Woo Jo
“First, he quickly recognises what the client wants and needs and comes back unconditionally the next meeting. Thanks to this, I can proceed with the fast-paced case comfortably and entrust it. Also, he has a rare and perfect expertise in this area. In this field, the industry has changed and diversified so rapidly that it is very difficult to grasp the contents, and other lawyers only understand it by gathering and learning a lot of information, but he is already very familiar with this industry and knows all the latest technologies, laws, precedents and trends. That is why we could follow his lead, and move in the correct direction accordingly, because we could believe that he knew everything and was managing it, even if we didn't know everything.”
Jin Kook Lee
“His fast feedback and problem-solving ability made the project progress favourably for our company.”
Yong Min Lee
“He has consistently delivered exceptional legal services, demonstrating an unparalleled level of expertise. With a deep understanding of the law and an unwavering commitment to excellence, he has consistently achieved outstanding results for us. His meticulous approach to legal matters, combined with his strategic thinking and sharp analytical skills, has enabled him to navigate complex legal issues with precision and effectiveness. We can trust in his ability to provide comprehensive and tailored legal solutions that meet our specific needs.”
Hyun Hwa Shin
“Hyunhwa offers a customer-oriented service backed by a high level of understanding and expertise in the insurance industry.”
Kyung Ae Yoon
“As a former examiner at the Patent and Trademark Office, her patent analysis is accurate and fast.”
Work highlights
Acting for a group of plaintiffs composed of Hana Card, KB Kookmin Bank, Shinhan Card, Hyundai Card, Samsung Card, Citibank Korea, Lotte Card, BC Card and Nonghyup Bank in a tax litigation concerning fees paid by Korean banks and card companies to Mastercard.
Successfully represented Samsung SDS in a lawsuit seeking cancellation of a W149 billion corporate income tax assessment.
Successfully represented a global automotive semiconductor manufacturer in a tax tribunal appeal and re-audit of a transfer pricing-related tax assessment and obtained a 90% tax refund.
Key clients
Cisco, Japan Korea Joint Smelting.
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 area. 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 including Indonesia, Myanmar, Laos and Vietnam.
Client feedback
“Professional with good communication skills.” – Media and entertainment
Moonhee Kim
“She is professional in the media and entertainment field.”
Work highlights
Represented Artificial Intelligence Industry Cluster Agency (AICA) in provision of consulting services to AI startups with respect to issues concerning personal data protection and other regulations applicable to AI companies
Successfully represented the Minister of Science and Information and Communication Technologies in a litigation case involving the suspension of business imposed on Lotte Home Shopping.
Key clients
National IT Industry Promotion Agency.
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, peer firms, Seoul Central District Prosecutor’s Office and the Seoul Central District Court. The firm’s aviation and shopping pillar gained two additional lawyers from peer firms, while the banking and finance team was boosted by three. In 2022, the firm’s dispute resolution practice and IP practice witnessed the addition of 18 and five new hires, respectively. Regrettably for the firm’s energy practice, three practitioners departed to Shim & Kim in 2023.
Client feedback
“They have strong internal teams consisting of various experts, including non-attorneys. Together with these strong internal teams, the attorneys provide practical advice. Overall, their work quality is excellent compared to other top-tier law firms in Korea.” – Banking and finance
“They not only know the substance but are also able to provide strategic guidance to help navigate the most challenging legal issues.” – Competition/antitrust
“Kim & Chang views the works and projects in detail but also overall, and presents issues and solutions before the client realises there could be a problem.” – Corporate and M&A
“Cutting-edge expertise and vast experience in M&A.” – Corporate and M&A
“The firm has great expertise in all legal areas and full resources to support clients.” – Corporate and M&A
“Accurate analysis of applicable local laws and practical advising on drafting a deal structure.” – Corporate and M&A
“They are brilliant communicators and can handle very difficult personalities diplomatically and with great charm. Their legal advice is strong and they are well organised and able to get through large volumes of work against tight deadlines.” – Dispute resolution
“Kim and Chang lawyers are professional, ethical and very smart. They quickly grasped detailed technical positions and smoothly integrated our technical analysis into legal briefs and presentations. I had confidence from the beginning that Kim and Chang was interested in seeing justice done more than in 'just winning'. On this point, they never wavered.” – Dispute resolution
“They have provided legal analysis thoroughly and timely, and coped with hearings well. They have communicated with our client from time to time to deliver and discuss implications and next steps.” – Dispute resolution
“One-stop shop – expertise in all aspects of law, and understanding the client's needs.” – Energy
“The offshore wind farm development project involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Energy
“The firm conducted due diligence well and provided advice on what needed to be checked and repaired for the upcoming deal. Throughout the process, they provided us with relevant and convincing materials, which made negotiations with the buyer easier for me.” – Infrastructure
“Expertise on the insurance sector, and good communication with local regulators.” – Insurance
“Kim & Chang was able to win the lawsuit with perfect legal reasoning and relentless diligence.” – Insurance
“Professional service with strong team members.” – Intellectual property
“Very professional.” – Intellectual property
“They do everything extremely well, in a cost-efficient manner. They have their usual personnel working on matters, and bring in additional expertise as needed to address the current issues.” – Intellectual property
“Very strategic and practical, obtaining excellent results.” – Intellectual property
“A truly international approach, a team of highly knowledgeable and responsive lawyers.” – Intellectual property
“Kim & Chang's lawyers and patent attorneys are highly skilled and have the best teamwork. With Kim & Chang, no matter the day or time, the responsiveness is great, and they never fail to provide immediate, in-depth analysis. They also knew exactly what we needed and went beyond what we asked for. Further, the team provided tech intelligence advice using their IP and tech data analysis, which helped our firm’s successful investment in the related technology.” – Intellectual property
“It is amiable and professional. Also, it is good at patent invalidation trials.” – Intellectual property
“They have a deep knowledge of the local patent law and practice and can provide advice even in the most complicated situations – they have a team of lawyers who can provide legal assistance in litigations and also expertise in regulatory matters – so covering almost all topics of interest for the pharmaceutical industry.” – Intellectual property
“Very competent and reliable advice.” – Intellectual property
“Kim & Chang successfully collated various data such as academic papers and financial information utilising patent data as a key input. The outcome provided integrated insight with a patent-based perspective on their industry and competitors.” – Intellectual property
“Professional but agile and adaptive advice and services. The team moves with urgency. Knows what is important and really strives to act on behalf of the client on various cases.” – Intellectual property
“The firm provided a well-balanced view and practical solution. They are the experts on Korean laws and Korean courts cases.” – Labour and employment
“Kim & Chang did a wonderful job defending Google before multiple regulators on our employment decisions.” – Labour and employment
“As we don't have global employment law team members based in South Korea, Kim & Chang are advising us on an ongoing basis. They are super-responsive, provide clear and pragmatic advice, great English and communication skills and also know and share relevant local practice as needed.” – Labour and employment
“Kim and Chang act as a trusted adviser. They understand our business and its associated values which underpin decision-making on labour and employment matters. They partner with us to discuss and strategise issues and adopt a commercially practical approach. They are responsive, often being available at short notice, and have unrivalled depth of experience in their team in the labour and employment space.” – Labour and employment
“Responsiveness, promptness, professionalism. Details.” – Labour and employment
“Professional team members including lawyers, tax lawyers, patent and trademark attorneys and accountants work in close coordination with each other.” – Private equity
“Most comprehensive services customised for M&A with breadth and depth of legal advice unparalleled in the market.” – Private equity
“Identified key regulation issues and mitigated several legal risk factors so that we could make improvements on the deals and eventually completed them.” – Private equity
“Even when we ask for very tight deadlines, Kim & Chang gets things done on time.” – Real estate
“Kim & Chang's professional assets and infrastructures.” – Regulatory
“The offshore wind farm complex development project at issues involves various complex regulatory issues. The firm not only provided accurate and efficient advice based on its accumulated knowledge and experience, but also provided its service in a proactive manner.” – Regulatory
“They fully understand the legal and factual issues and suggest legally persuasive explanations to a court.” – Regulatory
“They very well understand the core issue and provide pragmatic solutions with accuracy and detail.” – Regulatory
“They are very professional.” – Tax
“We will continue to believe in their capabilities and will continue to strengthen our partnership." – Tax
“Understanding the arguments that can be made in defence of the company, and being willing to do so despite an aggressive government investigatory approach. Excellent English skills were instrumental, and their sense of urgency was key.” – Tax
“Kim & Chang is very responsive and understands the company’s needs and goals. Kim & Chang has a well-established group of attorneys and other professionals to manage relations with taxing authorities.” – Tax
“Kim & Chang boasted a team of highly skilled legal specialists proficient in various fields, enabling them to handle a diverse array of issues. Notably, the key counterpart attorneys representing our company were not only trustworthy but also proactive experts in their respective domains.” – Tax
“The first insight is to have a broad perspective on the case. It involves considering the potential impact of the case on the company in the future and exploring solutions from an overall standpoint.” – Tax
“Thoughtful, thorough and responsive.” – Tax
“Kim & Chang is unique in its position that it can support the client throughout different phases of business, from planning (by giving opinions) to implementation (by supporting APA) to tax office level audit (by assisting tax audit and MAP) and to court level audit (by defending the client at court). This enables the efficient retention of historical information and application of a consistent tax position. Simultaneously, Kim & Chang can provide a holistic review from non-tax angles, such as reporting obligations based on other laws. This helps the client to be ready for unforeseen legal obligations.” – Tax
Jay Kim
“Good communication skills and strategic advice. Jay is one of the best client managers I have ever known.”
In Hwan Kim
“Very professional.”
“In Hwan is totally invested in providing the best legal and business advice possible, regardless of the matter. He is extremely knowledgeable, and adds team members as needed. Our matter was and still is the first and only case to successfully recapture the price reduction of an original drug after generic entry.”
Daniel Kim
“Very competent, clear and reliable advice.”
Wan Suk Kim
“He gives quick and straightforward answers.”
John Kwak
“Knowledgeable and responsive.”
Kyung Yul Lee
“He understands the legal and political landscape very well and is able to provide effective guidance. He is always willing to make the extra effort to ensure that his and his team's advice is helpful.”
Min-Ho Lee
“Provides a solution based on an in-depth knowledge of the customer through excellent communication.”
Chunsoo Lee
“He showed practical and professional advice, good teamwork and problem-solving skills.”
Hyo Je Lee
“He is a very brilliant lawyer with a brilliant career, but he is also very honest and humble.”
Jongmin Lee
“Full engagement with the legal process, and very good experience and knowledge of IP and information security affairs.”
Yoonchang (Marcus) Lee
“He is smart and benevolent. He communicates well with the clients. Also, he is good at patent trials/lawsuits.”
Hwan Beom Lee
“Very responsive and swift action, pragmatic approach. He is very speedy and strategic.”
Shin Kwon Lim
“He is very thorough and has high knowledge and experience in the area.”
“A brilliant legal mind, Shin Kwon is also very efficient and responsive, which makes him an ideal counsel for complex M&A transactions.”
“He suggested acceptable solutions whenever I encountered unexpected problems, which was very valuable.”
Tae-Yeon Nam
“Very professional and shows depth of knowledge.”
Min-Young Oh
“Wide spectrum of knowledge spanning many fields, and understands the client's needs.”
Joon Hwan Park
“As a senior attorney in the maritime and energy fields, I understand Joonhwan has considerable experience and knowledge in the relevant field. He is very efficient and helpful in addressing licensing issues and is capable of handling work in the most proper and efficient manner. His communication skills are excellent in that he truly understands clients’ needs.”
Jong Hyun Park
“Great assessment of situation and potential risks; proactive and creative problem-solving; and willingness to go out of his way to find a solution in all situations.”
Jae Suk Park
“Provides solutions based on an in-depth knowledge of the customer's needs through excellent communication, with integrity, accountability and a commitment to ethics, while demonstrating resilience and enthusiasm.”
“Jae Suk Park, who is our business partner, prepared a well-organised ACVA filing strategy. It aligned well with the latest practice and trend. He and his team are highly qualified to achieve what the client wants.”
Soyun Park
“She is an incredibly talented and proactive tax specialist who possesses a friendly demeanour. Furthermore, she has a customer-centric mindset, always anticipating the potential needs of clients and proactively addressing hidden risks in advance. Without a doubt, she is one of the finest lawyers I have ever worked.”
Joel Richardson
“He has great communication skills (orally and in writing). He thinks very rapidly in a courtroom environment. He is very ethical. He has an excellent personality. He treats his co-workers with great respect. He does not take contrary opinions personally.”
“Excellent communication and legal knowledge, applying strategic thinking and responsiveness.”
“Partner Joel Richardson and his team are amazing. They know the law, the market, and are quick learners about the technology. They exhibit excellent judgement – prudent but not overly risk averse.”
Yoon Sang Sim
“Reliability and high level of expertise.”
“Yoon Sang is very responsive and provides concise and practical advice. Yong Sang effectively leads other attorneys and professionals.”
Bumkyu Sung
“Provides professional and practical advice with a very responsive and timely manner, demonstrating a deep understanding of the finance industry.”
Work highlights
Represented MBK Partners in its acquisition of existing shares of KoreaCenter from individual shareholders, subscription of new shares, convertible bond and bond with warrants.
Represented Yanolja in its acquisition of 70% stake in Interpark Corporation, established through spin-off of Interpark’s e-commerce business.
Represented Entegris in the Korea merger filing of its $6.5 billion acquisition of CMC Materials.
Key clients
Korea E-Commerce Holdings, Poshmark, Wemakeprice, Yanolja.
An undisputed premier firm, Lee & Ko holds steady in the rankings as a fool-proof 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 developments in the last 12 months include the departure of banking and finance partner HK (Helen) Sohn to Yoon & Yang. On the other hand, the firm’s capital markets practice welcomed Taekyoung Kwon and Dajeong Kim as partners. Furthermore, Sujin Jun joined the firm’s antitrust/competition team from the Seoul High Court, while Young Jin Kim joined the labour and employment practice after serving as a judge in the Seoul District Court, Seoul High Court, and ultimately the Korean Supreme Court. The firm’s corporate and M&A team has also been expanding over the past year, with five new partners on board. Its dispute resolution team also welcomed 11 new partners.
Client feedback
“Lee & Ko is able to understand the intricacies of air mileage system. There was little precedent for examination of air mileage, but Lee & Ko was able to develop a comprehensive argument using similar cases as the basis.” – Aviation
“Lee & Ko’s client service is unsurpassed. Considering the stakes, I make frequent requests, require detailed explanations to questions and at times probably ask more of Lee & Ko than other clients, but Lee & Ko always responds promptly and provides detailed answers that not only take into account our commercial interests, but our legal fees as well. If you are looking for the highest quality service with the best value, I could not recommend any other firm.” – Competition/antitrust
“The attorneys at Lee & Ko are very professional and devoted. Their fee charge is reasonable.” – Competition/antitrust
"They are professional and dedicated to their clients. They have demonstrated excellent practice." – Competition/antitrust
“They are loyal to our company and do the best for the client's needs.” – Corporate and M&A
“Dedicated team with the most professional and in-depth legal service.” – Corporate and M&A
“Lee & Ko provides excellent service in an efficient manner.” – Corporate and M&A
"Lee & Ko provided timely and necessary advisory opinions based on extensive legal knowledge and experience.” – Corporate and M&A
"The firm demonstrates a careful and serious approach to their work. They have a strong ability to identify and address issues, while also excelling in interpreting the specific needs of their clients.” – Corporate and M&A
“Provides timely and accurate information needed for decision-making.” – Corporate and M&A
“Very effective arbitration counsel. They are thorough, tenacious and collegial. One of the best in South Korea by far.” – Dispute resolution
“Lee & Ko has separate teams for each problem field, so it is always possible to respond in all directions as it reacts quickly to advice and shares intellectual experience in each field.” – Dispute resolution
“They are loyal to the client, experienced and cost-efficient.” – Insurance
“They try to provide specific answers on the client's question.” – Insurance
“Lee & Ko in South Korea has been faithfully responding to lawsuits by understanding the issues that customers need to respond to and supporting them with sufficient evidence.” – Labour and employment
“Professional in both jurisdictions in South Korea, the US and Europe. We had local law firms in the target countries but Lee & Ko have had good communication and cooperation with the firms and their professionals.” – Real estate
“They provide detailed and helpful advice.” – Shipping
“The provision of useful information and active customer care.” – Tax
Seungwan Hahm
“Based on our professional legal knowledge, he presents a feasible plan along with detailed explanations.”
Jong Youn Han
“Her leadership, strategy and thoughtful approach to each step of this case, from the investigation to the consent order, is one of the biggest factors in our successful thus far. She provides us with a variety of strategies and alternative courses of action, which is crucial as we have experienced a number of hurdles to overcome in reaching the consent order. Her oversight and strategic insight is unmatched. If you are looking for an answer to a question, you could consult a number of lawyers from top firms, but if you are looking for multiple strategic solutions to an issue based on your specific needs, I can recommend Jong Youn Han.”
Joo Hye Hong
“She has a high level of analysis and understanding of her case. Her oral arguments are always convincing and systematic.”
Jinyoung Jung
“Very knowledgeable and hard-working.”
Jang Hyun Ka
“He has deep knowledge and experience in antitrust law. He is exceptional at responding to government investigations and litigation.”
Sang Gon Kim
“Sang Gon possesses professional knowledge, a strong network, and effective customer management skills."
Miji Lee
“She explains very specifically and clearly to clients.”
“She enthusiastically answers everything.”
Ho Joon Moon
“The best lawyer I can rely on in the field of corporate M&A. He demonstrates deep knowledge and experience. He is extremely thoughtful and insightful. No other lawyer in Korea can match.”
“He is one of the most experienced corporate M&A lawyers in South Korea. He has deep understanding of complex legal issues, is very responsive and has a high commercial awareness with a client-service mindset.”
Jae Heon Park
“Very experienced.”
Ji Young Tae
“She is very responsive to the client’s needs. She provides practical and in-depth advice.”
Robert Wachter
“One of the best cross-examiners in Asia. He is also very good at framing his case in a simple and straightforward way.”
Dong Seok Woo
“Dongseok prioritises client responsibility, effective communication, and employs professionals with expertise in the real estate sector.”
Yang Ho Yoon
"He is highly experienced and focused when it comes to providing professional services. He also demonstrates a keen understanding of commercial aspects."
Work highlights
Represented Naver Corporation and Gmarket Global in an administrative appeal case, requesting the cancellation of the corrective orders relating to penalties imposed. In July 2022, the Administrative Court ruled in favour of the firm’s clients, overturning the Personal Information Protection Commission’s decision. The outcome in this case is the first court decision in Korea which sets the standard for delineating the scope of personal data processors, and it is expected to carry a sweeping precedential value in defining data controllers’ obligations in the e-commerce context.
Key clients
Google, Kakao Page, LG Electronics, T Map Mobility.
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 banking and finance team had three promotions in May 2023: Hee Young Park, Jaecheong Oh and Na Yu were promoted to partners. It also welcomed Ji Hoon Kim, Jongki Kim and Dong Jun Park as partners in 2022. The firm’s competition/antitrust team hired Seung Hyeon Sung from Yoon & Yang as a partner in May 2022. Eui-Rae Kim and Soon-Youl Kwon also joined as partners from Ministry of Justice and Seoul High Court, respectively. The firm’s M&A team lured Hyun Kim, Sang Min Lee and Yeon Woo Choi as partners from Lee & Ko in October 2022.
Work highlights
Representing SK Broadband in defending a lawsuit brought by Netflix for a network usage fee in Korea.
Advised fintech company Coupang Pay on the applicability of regulations pertaining to ‘telecommunications billing service providers’ under the Act on Promotion of Information and Communications Network Utilization and Information Protection.
Key clients
Honda Korea, Naver Cloud, NS Shopping, Roblox Corporation
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 more than 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. The labour and employment team welcomed Jahyeong Ku and Kwang Sun Lee from Jipyong as partners in February 2023.
Client feedback
"They were professional in legal due diligence, and their feedback was prompt and reliable." – Corporate and M&A
"They were professional and enthusiastic." – Insurance
"Firstly, Yulchon's approach to the case was admirable. Despite the challenging situation due to Smartscore's extensive preparation and lawsuit, Yulchon provided us with psychological stability by demonstrating their passion and preparedness for various scenarios. Secondly, and more importantly, their legal reasoning was solid. While proving that our applications and solutions did not copy theirs, Yulchon discovered numerous prior technologies in preparation for various claims. Building on this, they employed a strategy to refute their premise, asserting that the imitated technology itself lacked originality. To be honest, I was amazed when I received the preparation letter. I have worked on several cases with other law firms, but it's rare to find a flawless and logically sound document that considers all possible scenarios from the outset. This made a positive impression on the judge during the hearing (even though it was a provisional hearing) and instilled confidence in the case. In summary, the lawsuit strategy presented by Yulchon was creative yet well-founded, leading us in a positive direction. Additionally, they provided various examples to support their logic, demonstrating their passion for delving into even the minutest technological details. Consequently, they submitted a perfectly prepared document. Their professionalism and passionate attitude, two qualities we value in our lawyers, were evident." – Intellectual property
"Their ability to handle complex and sophisticated matters is truly commendable. They navigate intricate issues with finesse and expertise, unmatched by others. They consistently demonstrate exceptional skill, competence and strategic thinking in challenging scenarios. Their astute analysis, sharp problem-solving skills and comprehensive understanding of intricate matters are truly impressive. They exhibit a remarkable ability to unravel complex issues and propose innovative solutions. Their proficiency in handling intricate and sophisticated matters is exceptional, distinguishing them in their field. Additionally, they possess a diverse range of expertise and skills that span various areas, enabling them to approach projects from multiple angles. The team members demonstrate a profound understanding of their respective fields and showcase a broad knowledge base. Their collective capabilities and depth of knowledge enable them to effectively handle complex and multifaceted tasks. Furthermore, their seamless collaboration and leveraging of each other's strengths contribute to the team's overall effectiveness. In summary, their team's depth and breadth are truly impressive, positioning them as a formidable force in their field." – Intellectual property
Yun Heui Cho
“Lawyer Cho is a former judge, and he's good at pleading for the court to understand.”
Yong Whan Choi
“Mr. Choi is the best lawyer related to tax fields in Korea, and that is why we are now working with Yulchon. I believe that there is not any work without Mr. Choi. He is creative and knowledgeable with a professional attitude.”
Hee Woo Jo
“First, he quickly recognises what the client wants and needs and comes back unconditionally the next meeting. Thanks to this, I can proceed with the fast-paced case comfortably and entrust it. Also, he has a rare and perfect expertise in this area. In this field, the industry has changed and diversified so rapidly that it is very difficult to grasp the contents, and other lawyers only understand it by gathering and learning a lot of information, but he is already very familiar with this industry and knows all the latest technologies, laws, precedents and trends. That is why we could follow his lead, and move in the correct direction accordingly, because we could believe that he knew everything and was managing it, even if we didn't know everything.”
Jin Kook Lee
“His fast feedback and problem-solving ability made the project progress favourably for our company.”
Yong Min Lee
“He has consistently delivered exceptional legal services, demonstrating an unparalleled level of expertise. With a deep understanding of the law and an unwavering commitment to excellence, he has consistently achieved outstanding results for us. His meticulous approach to legal matters, combined with his strategic thinking and sharp analytical skills, has enabled him to navigate complex legal issues with precision and effectiveness. We can trust in his ability to provide comprehensive and tailored legal solutions that meet our specific needs.”
Hyun Hwa Shin
“Hyunhwa offers a customer-oriented service backed by a high level of understanding and expertise in the insurance industry.”
Kyung Ae Yoon
“As a former examiner at the Patent and Trademark Office, her patent analysis is accurate and fast.”
Work highlights
Advised Hyundai Motor on legal guidelines for businesses to advance into new business using the metaverse.
Represented Kakao Corporation in responding to the service disruptions of major services of Kakao and its affiliates, including KakaoTalk, Kakao T, KakaoPay, and Melon, as a result of the Pangyo internet data centre fire accident that took place on October 15, 2022.
Successfully advised on a merger transaction between Skylife TV and Media Genie, the media and content arms of KT Group, through to the completion of the transaction. The merger took place in a way that Skylife TV absorbed Media Genie, with KT SkyLife holding 62.7% of the merged corporation and KT Studio Genie 37.3%.
Key clients
Gwangju Technopark, Korea Cable TV Association, LG HelloVision, Woori Home Shopping.
