Tel: +82 2 562 3115
Fax: +82 2 562 3393
Contact: Steve Ahn (firstname.lastname@example.org)
Number of partners: 8
Number of lawyers: 16
Languages: Korean, English
Practice Areas: General Corporate, Inbound/Outbound Investment, M&A, Venture Capital, Private Equity, Data Privacy, Fintech, Commercial Litigation, Criminal Defense, Employment & Labor, Blockchain/cryptocurrency
SEUM is a boutique law firm founded by attorneys from Korea’s top firms. We provide general corporate and litigation legal services in a variety of practice areas and we are the leading Korean law firm with respect to startup companies, technology companies and venture capital funds.
SEUM works with Korean and international clients on a regular basis, handling a broad range of local and cross-border matters, to provide clear and practical advice regarding the Korean market. Many of SEUM’s clients take innovative approaches to tackle difficult challenges arising in this constantly evolving information age. The Korean legal profession struggles to keep pace with the rapid speed of technology and to understand modern companies and entrepreneurs. SEUM takes a different approach by embracing change and striving to be at the forefront of innovation both in Korea and globally. Not only does SEUM enjoy working with technology and startup clients to advise on novel legal issues and create new precedents, but like many of its clients, aims to create a firm culture that is innovative, inclusive and more in-line with the international community in the 21st century.
Co-founder and managing partner Hoseok Jung is the leading attorney in Korea with respect to startup and emerging companies and venture capital funds advising on a broad range of matters including investment, M&A, and regulatory matters. Hoseok represents public and private companies in industries such as software, hardware, information technology, blockchain/cryptocurrency, startup incubation and fintech, and is active in the startup community where he frequently speaks on issues in the technology field, and advises on legislation for emerging industries such as cryptocurrency.
The corporate and technology practice is buttressed by corporate partner Joonbum Cheon, the former general counsel at one of Korea’s largest e-commerce companies, and US attorney partners Steve Ahn and Steve Kim, who lead SEUM’s international team advising on inbound/outbound cross-border matters.
Asian Legal Business
- “Firms to Watch” 2017
- “Best Boutiques” in Asia 2017
Work highlightsAdvised CUBE Intelligence with respect to its initial coin offering (ICO).
Corporate and M&A
Work highlightsAdvised Fluenty, a Korean start-up developing interactive artificial intelligence (AI) platforms, with respect to the sale of its key technology and assets as well as transfer of its employees to Samsung Electronics.
Key clientsCJ E&M, Cube Intelligence, Fly & Company, Hanwha, Lezhin Comics, Line, Medibloc, Naver
Advised retail tech company ZOYI Corporation, a Korean start-up that develops technology to improve the shopping experience of online and offline commerce, with respect to its Series B funding round.
Advised Toss Lab with respect to its most recent funding round from SBI Investment, KDB Korea Development Bank, Daekyo Investment and Evergreen Investment Partners.
“Seum is the only firm that specialises in start-up companies. Due to this, they are very modern (aware of Silicon Valley's best practice and latest trends) and forward thinking. This is refreshing and rare to have in Korea where most law firms work with the conglomerates. They are a boutique law firm, but still have more than 10 partners of all varying backgrounds, so I've found them to be my go-to even for my personal legal needs and side-businesses. Their senior partners are all very keen on the latest regulatory news around bitcoin in Korea.” – Banking and finance, Corporate and M&A, Investment funds, Regulatory
“Seum has been absolutely amazing to work with. They are very responsive, thorough, and most importantly awesome at what they do. As we do not have an in-house counsel, Seum advises us on all legal matters we come across from re-drafting of our user agreements, privacy policies, employment contracts/issues, partnership contracts to copyrights. They set clear expectations on what can be done by when, and will completely things urgently if necessary. We fully trust the quality of the legal advice we receive and they will point out areas of law where we need to be mindful. I do not actually have any weaknesses to point out for Seum. I could not be any happier for the services we get from Seum. I have had Seum on retainer basis for the last two years and have no plans on changing.” – Corporate and M&A, Labour and employment, Regulatory
“His professionalism and execution ability is better than any lawyer I've worked with in the past.” “Absolutely fantastic. Responsive and professional.” - Hoseok Jung
“Ahn is an US bar attorney who is very aware and keen on US practices and has the ability to connect it to Korea.” - Steve Ahn