Yulchon LLC, led by managing partner Kang Seok-hoon, announced the official launch of its 'Mega Project Strategic Support Center' on September 28. The center aims to support the successful execution of large-scale advanced industrial infrastructure projects, including semiconductors, AI data centers, and energy projects.
These multi-trillion won projects involve complex issues across various fields such as permits, financing, government support, and contracts. Delays in resolving legal issues after project confirmation can impact the overall timeline and costs. To address this, Yulchon established the center to provide proactive, integrated advisory services from the early stages of projects.
The center operates under a 'One Center – Multi Practice Group' structure. It features dedicated teams in areas such as corporate finance, real estate and construction, environmental and energy law, intellectual property and technology, telecommunications, fair trade, mergers and acquisitions, international trade, taxation, and export control. Teams will be assembled based on the specific needs of each project.
Notably, the center covers the entire project lifecycle, from project identification and structural design to regulatory assessments, investment and financing, permits, and operations. Clients can receive consistent advice from a single team that understands the context and details of their projects, regardless of the stage at which issues arise.
This launch distinguishes Yulchon from other law firms by adopting a project-based engagement model rather than a case-by-case approach. It combines Yulchon’s legal expertise with an external network of specialists to offer a comprehensive solution that includes strategy, legal support, and execution. Additionally, the center has developed legal risk maps for each phase of project execution, enabling proactive risk management to enhance both project timelines and stability.
The center is led by attorney Son Geum-joo, a policy and legal expert with extensive experience in broadcasting, telecommunications, energy, fair trade, and data-driven artificial intelligence. Son has served as the chair of the subcommittee on legislation for the National Assembly's Committee on Trade, Industry, and Energy, as well as a legal advisor to the Korea Communications Commission and a member of the Presidential Fourth Industrial Revolution Committee.
Also joining the team is attorney Park Ji-woong, an expert in legislation, policy, and taxation, who has held various roles including secretary to a member of the National Assembly and policy advisor to the Deputy Prime Minister and Minister of Economy and Finance. Attorney Kim Min-sun, who specializes in environmental, ESG, and energy-related laws and regulations, adds further expertise.
The advisory team also includes former government officials such as Moon Seung-wook (former Minister of Trade, Industry and Energy), Son Kyung-jong (current Vice Chair of the Gwangju-Jeonnam Semiconductor Strategy Committee), Koo Gi-seong (former Deputy Director of the National Assembly Secretariat), Kwon Yong-bok (former Director of Aviation Safety and Construction Policy at the Ministry of Land, Infrastructure and Transport), Lee Min-ho (former Director of Environmental Policy at the Ministry of Environment), Jeong Young-ik (former head of the Gori and Wolseong Nuclear Power Plants), Yoon Oh-jun (former Deputy Director of the National Intelligence Service), Kim Jeong-won (former Director of the Information and Communications Policy Bureau at the Ministry of Science and ICT), and Choi Yong-seon (former senior administrative officer at the Presidential Office's National Security Office). This diverse team enhances the center's expertise in industrial and policy matters.
A Yulchon representative stated, "The center has built a solid foundation of experience in advising on matters related to the Special Act on Semiconductors, as well as providing comprehensive support for all stages of AI data center development, investment, and operations, along with advice and litigation regarding power market regulations. Based on this, we aim to expand our services to include government and local government collaboration, public-private partnership projects, and responses to overseas investment and global supply chain regulations, establishing ourselves as a key partner for businesses."
* This article has been translated by AI.
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