Technology, Media, Telecoms (TMT)
Asia-Pacific Guide 2024 : South Korea
Band 4
About
Provided by Yoon & Yang LLC
Historically, Yoon & Yang is known for its well-known client roasters in technology industries in the fields of litigations, competition/antitrust and intellectual property. Representative clients include Intel, Qualcomm, Microsoft, Coupang, Wemade and Apple.
In January 2023, the firm expanded then-existing new technology team under the umbrella of corporate advisory practice group by establishing independent practice group called, “New Technology Practice Group.” The new practice group is headed by well-known tech lawyer, Kwang-Wook Lee and oversees traditional regulatory issues for broadcasting and communications and ICT sectors and newly generated issues such as privacy, data protection.
The practice group also operates numerous centers that advise clients on industry and specific issues: Information Security Center, Environment Regulation Response Center, Technology Regulation & Dispute Center and ESG Center.
The practice group hired Geonyoung Koh, a Korean attorney and former prosecutor as a partner. Mr. Geonyoung Koh previously worked for eight years as a software engineer at one of the largest IT companies such as Pantech & Curitel and NHN Corporation before starting his prosecutor career. While working as a software engineer, he had an experience in developing search engine program.
Chambers Review
Yoon & Yang houses a team of specialists advising on legal work in the TMT space. It handles regulatory, transactional and contentious matters, and has notable expertise in data protection and privacy matters. The team advises a number of Korean and foreign corporations and entities, including Google, Cyworld Z and Microsoft Korea.
Lee Kwang-Wook is a key contact for the practice.
Work Highlights
- Yoon & Yang advised WEMADE on issues concerning business models that incorporated virtual assets into blockchain-based games.
Strengths
Provided by Chambers
"Yoon & Yang's team is able to handle a wide variety of topics, and has members with experience and insight in the process and the intentions behind the new law and regulations which is incredibly helpful."
"The core team is at the forefront of the TMT industry and is very commercially aware of all the issues that are faced by companies. That understanding and awareness is incredibly important as the industry moves very fast."
"They have excellent communication with the regulators and offer excellent legal support."
"Yoon & Yang's team is able to handle a wide variety of topics, and has members with experience and insight in the process and the intentions behind the new law and regulations which is incredibly helpful."
"The core team is at the forefront of the TMT industry and is very commercially aware of all the issues that are faced by companies. That understanding and awareness is incredibly important as the industry moves very fast."
"They have excellent communication with the regulators and offer excellent legal support."
Members
Provided by Yoon & Yang LLC
Chulgun Lim
Helen H. Hwang
Keun Woo Lee
Kwang-Wook Lee
Head of Department
Sugyoung Yi
Clients
Provided by Yoon & Yang LLC
CJ Olive
Cyworld Z
LG U+
Microsoft Korea
RADWARE KOREA
Robert Bosch
SK Telecom
WEMADE
WEMIX