Bae, Kim & Lee LLC

General Business Law Department

North Korea
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What the team is known for Significant advisory presence on North Korea-related matters throughout recent years, working with leading companies, government ministries, non-profit foundations and export credit agencies on a range of issues arising from relations between North and South Korea. Has rich experience in direct investment and joint venture matters, with considerable expertise in issues arising from the closing of the Kaesong Industrial Complex. Has a South and North Korea economic cooperation task force team comprising North Korean legal specialists and industry experts with previous experience in government ministries.

Strengths A client reports: "We were impressed by their comprehensive understanding and analysis, and their realistic legal advice, especially in relation to North Korean issues."

"The firm's client service is excellent," adds another source, who also praises the team's "high level of commercial awareness."

Work highlights Advised the Ministry of Unification on the inter-Korean summit between President Moon and Chairman Kim regarding inter-Korean economic exchanges and cooperation-related matters.

Notable practitioners

Chan Ho Lee
is described by a source as having "great expertise in North and South Korea and Korean reunification issues." He advises companies, government ministries and non-profit organisations on inter-Korean economic exchanges and international trade negotiations.

An impressed source says
Wook Yoo
"has active been on North Korean issues for a long time" and has "a strong grasp of the legal regime." He handles a range of instructions relating to South-North economic cooperation on behalf of government entities, banks and corporations.