[Law Times] [Exclusive] Former Director of MOJ Legal Affairs Division Yang Ho Park Joins Lee & Ko
On June 19, 2024, the Law Times reported that Yang Ho Park, former Director of the Legal Affairs Division of the Ministry of Justice will join Lee & Ko. The Law Times explained that Mr. Park “completed the 35th Judicial Research & Training Institute in 2006 and was appointed as a prosecutor at the Jeonju District Prosecutor’s Office”, that “he served as a deputy prosecutor at the Seoul Central District Prosecutor’s Office, prosecution at the Ministry of Justice, head of the Jecheon branch at the Cheongju District Prosecutor’s Office after serving as the prosecutor of the Office of Legal Counsel at the Ministry of Justice”, and that “he finished his public service last month after serving as the director of the Legal Affairs Division of the Ministry of Justice since September last year”. Mr. Park is expected to work in Lee & Ko’s Criminal Defense Team.
2024.06.19
[Law Times] [Team Spotlight] Lee & Ko Tech&AI Team: "AI Transformation Surpassing Expectations, Surge in Demand Only a Matter of Time"
On June 12, 2024, the Law Times featured Lee & Ko’s Tech&AI Team. The Law Times described the team as “the largest AI team among domestic law firms, comprising approximately 100 experts, including attorneys and former regulatory agency professionals.” The article highlighted that “the team is staffed with experts in personal data protection, data management, IT, regulatory consulting, and litigation (technology disputes), enabling them to address all potential issues and challenges related to AI.”
Attorney Ko Hwan-kyoung, the team leader of Lee & Ko’s Tech&AI Team, stated, “As we are all entering this new era together, there is a high likelihood that various legal fields will become intricately intertwined.” He added, “The Lee & Ko Tech&AI Team, consisting of both attorneys and advisors, collaborates seamlessly when issues arise to provide tailored services, much like the ‘Avengers’.”]
2024.06.12
[Legal Times] Interview with Sang Gon Kim, Managing Partner of Lee & Ko
On June 11, 2024, Legal Times featured an interview with Sang Gon Kim, Managing Partner of Lee & Ko. This month’s edition spotlighted Mr. Kim as a “lawyer whose career is a testament to his dedication to the firm, starting as an associate in 1994 and ultimately ascending to the role of managing director after 28 years.” In the interview, Mr. Kim stated, “After two years of 'homogenization' and 'rebalancing' efforts, I don't think any specific endeavors are needed in any of our teams for now,” and added, “It is noteworthy that our firm has constantly addressed our past shortcomings through these homogenization and rebalancing efforts, while successfully maintaining our robust advisory prowess in financial investments and M&A. I believe this approach has allowed us to gain a competitive edge among other firms.” Mr. Kim concluded with confidence, stating, “I anticipate that, if the advisory market rebounds to 2021 levels due to US interest rate cuts, Lee & Ko will lead in securing outstanding achievements and run at the forefront to seize this opportunity for continued expansion.”
2024.06.11
[Tax Daily] [Tax Case Analysis] Consideration for Domestic Services of a Foreign Corporation as 'Personal Service Income' Under Corporate Income Tax Act, Regardless of Tax Treaty - Jaekyoung Han, Lee & Ko
On May 28, 2024, an article by Foreign Attorney Jaekyoung Han of Lee & Ko was published in the Tax Daily discussing a ruling by the Seoul Administrative Court on November 25, 2022 (2021Guhap68780). Ms. Han highlighted the significance of the judgment, stating, “This ruling reaffirms the principle that when there is a discrepancy between income classification under a tax treaty and domestic tax law, the tax treaty prevails in recognizing the right to taxation. However, the method of taxing such income must align with domestic tax law, unless the domestic law explicitly restricts this right, even when distinguishing between business income and personal services income.”
2024.05.28