Barun Law LLC said it signed a memorandum of understanding with Korea Management Association Consulting, or KMAC, on April 22 to cooperate on advisory work in the energy and infrastructure sector. Barun is led by managing partners Lee Dong-hoon, Lee Young-hee and Kim Do-hyeong. KMAC is led by CEO Han Su-hee.
The agreement comes as major tasks in the sector — including functional restructuring of the five power generation companies, rail-sector restructuring, responses to rules affecting nuclear power and renewable energy, and overseas expansion of energy and infrastructure projects — increasingly require combined legal and institutional reviews alongside management strategy, organizational operations and financial feasibility assessments.
The two organizations said they aim to combine Barun’s legal expertise in energy and infrastructure with KMAC’s management consulting capabilities to provide integrated solutions for complex assignments that are difficult for a single institution to handle alone.
The two organizations said they aim to combine Barun’s legal expertise in energy and infrastructure with KMAC’s management consulting capabilities to provide integrated solutions for complex assignments that are difficult for a single institution to handle alone.
KMAC said it participates in designing energy policy, including carbon neutrality, hydrogen energy, power generation and nuclear power, and provides consulting across national infrastructure such as transportation, aviation, ports and smart cities.
Barun said it has advised across the sector, from conventional generation such as gas combined-cycle, cogeneration, nuclear and hydropower to renewables including solar, wind, BESS (battery energy storage systems) and clean hydrogen. It also cited experience in public-private partnership projects involving roads, railways and airports, as well as overseas energy and infrastructure investment and development projects (IPP). The firm said its work spans the full project life cycle, from contract structuring at procurement and bidding to regulatory responses during execution and litigation or arbitration when disputes arise.
Under the MOU, the two sides plan cooperation in four areas: jointly identifying new business opportunities and joining consortia; building a business model for integrated strategy, organizational and legal advisory services; cross-selling to existing clients; and holding joint seminars and forums on energy and infrastructure issues and publishing policy reports.
Lee said regulatory compliance and the predictability of legal risks are key factors that can determine success or failure in energy and infrastructure projects. He said Barun will combine its advisory experience in renewables, PPPs and overseas projects with KMAC’s strategic consulting to help clients manage complex risks in advance and support new business opportunities.
Han said clients in a rapidly changing energy industry want comprehensive solutions that integrate management strategy with legal risk management, rather than fragmented advice. He said KMAC’s industry expertise and Barun’s legal capabilities will be combined to set a new business standard for the energy and infrastructure market.
Barun said it plans to further strengthen its integrated advisory system through close cooperation with KMAC and provide more specialized, practical services to a range of clients, including public and private project owners as well as investors and project developers.
* This article has been translated by AI.
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