Darae

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Firm profile for Global 2021

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Global 2021
Global

This firm is also ranked in:

Asia-Pacific 2021

About

This content is provided by Darae.

Managing Partners: Seung-Moon PARK, Jeong-Youl YOON
Number of partners: 7 (2 Partner Lawyers. 5 Partner Patent Attorneys)
Number of lawyers: 13 Lawyers, 20 Patent Attorneys
Languages: Chinese, English, Japanese, and Korean

Firm Overview:
DARAE Law & IP LLC was established by former Patent Court judges, former patent examiners, and former adjudicators at the Intellectual Property Trial and Appeal Board (IPTAB) as an IP specialised law firm in 1999. DARAE has won many IP-related lawsuits over the past two decades and has been recognised to be unchallengeable in the areas related to IP rights. DARAE’s professional services cover all areas of intellectual property litigation, intellectual property trial, counseling on freedom to operate, consulting for IP-based R&D, technology transfer and corporate-legal services.

Main Areas of Practice:

Litigation and Alternative Dispute Resolution:

DARAE has brought and defended corporate lawsuits and proceedings related to intellectual property rights, M&A, foreign direct investment, company restructuring, unfair competition, antitrust, labor, tax, and finance. In addition to the extensive litigation practices, the firm regularly provides professional mediation and arbitration services for both domestic and international disputes.

Prosecution:
DARAE assists domestic and international clients to obtain IP rights for patents, utility models, trademarks and industrial designs worldwide, including Japan, China, Europe and the United States. Each application is handled by experienced patent attorneys with specific technical background covering electronics, telecommunications, software, machinery, construction, metal, materials, chemicals, biotechnology, pharmaceutical, and food industries.

R&D Strategy & IP Commercialisation:
DARAE helps clients setting up R&D strategies and provides IP consulting on patentability, invalidation, and infringement of intellectual property rights registered in Korea and abroad. The firm also prepares patent analysis maps for a wide range of clients, including private companies, research institutes, and government agencies based on IP portfolio analysis using the latest leading-edge technology search tools and databases.

Technology Evaluation/ Technology Transfer:
DARAE has certified Korean technology evaluation analysts, technology transfer agents, and lawyers with technical backgrounds in each technology sector. The firm has successfully arranged global mergers and acquisitions and technology license agreements through the evaluation of business assets, IP risk, and technology value of patents over the last two decades.

Technology Credit Bureau:
DARAE has been officially designated as the first private Technology Credit Bureau since May 2015. The firm assesses and evaluates the financial value of technology, and the assessment has been used for technical certification, technical transactions and financing with IP assets. The firm plays an important role in connecting IP banking with the traditional banking market.

Counseling Intellectual Property Rights:
In addition to traditional legal services that coordinate and manage intellectual property assets, DARAE is consulting on future technology development directions based on the analysis of IP portfolios. This is supported by the firm’s expertise in evaluating a patent’s value in view of market and technology.

Recent Work:
In a case where DARAE’s client was sued at the Paris District Court, the firm successfully defended the defendant in a patent infringement lawsuit. As a result, the client was able to receive a substantial amount of compensation for the costs incurred by the lawsuit in France.

Key Clients:
Major affiliates of Samsung and Hyundai, major universities and public research institutes.

Global

This firm is also ranked in:

Asia-Pacific 2021

Ranked Departments

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South Korea

Intellectual Property
Band 4

Ranked Lawyers

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Ranked Offices

Head Office

firm
Head Office

(Handok, Yeoksam-dong)

9th-11th Fl.,

132, Teheran-rou,

Gangnam-Gu,

Seoul

Seoul

South Korea

06133

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