Daeryun Law Firm expands customized international consulting for global companies

Responding to demand for inbound and outbound legal advice, centered on U.S. attorneys Mia Kim and Donghu Son

Daeryun Law Firm is expanding its scope of activity by strengthening its international work, which includes the expansion of global companies into Korea and the overseas expansion of domestic companies.

Daeryun, which is in the midst of expanding its global network, recently established law firms in New York and Washington D.C., is recruiting local lawyers, and is preparing to open an office.

American lawyers Kim Mia and Son Dong-hoo are at the center of this move.

Attorney Mia Kim (Washington, D.C.) is an expert in the fields of international import and export transactions, international tax law, U.S. corporation establishment, and U.S. immigration law, and U.S. attorney Dong-hoo Son (New York) has been in charge of various litigation matters, including corporate law, asset management, and real estate investment, at a U.S. law firm for nine years.

Also, Daeryun is in Washington D.C. We are expanding our international business base by recruiting U.S. attorney Kyle Courtnall to our office and Tal Hirshberg to our New York office.

American attorney Kyle graduated from Georgetown University, Johns Hopkins MBA, and the University of Virginia Law School. He worked at the Washington D.C. and Virginia state prosecutors' offices and law firms, handling a variety of cases including criminal and immigration law.

Additionally, based on his experience as a financial advisor at Morgan Stanley and JPMorgan Chase, he has demonstrated strengths in the international finance and cross-border fields.

Tal, a U.S. attorney, worked as an attorney at Selendy Gay Elsberg PLLC after working at Starbucks Public Affairs and AOL. ;

He has solid practical skills based on extensive experience in various international work areas, including civil and criminal cases in New York, as well as international cross-border and immigration law.

The two lawyers will work as manager-level lawyers in Daeryun's U.S. office. ;

Attorney Kim said, "Daeryun has now gone beyond consulting in Korea and has entered the stage of securing execution capabilities centered on local corporations. With the addition of Kyle, an attorney with extensive local practical experience, our ability to respond to the industry has been further strengthened."

Attorney Son also added, "Attorney Tal, who has extensive experience in international affairs in various fields, has joined the New York office. Tal and I plan to team up and provide intensive support focusing on the New York market."

Daeryun plans to actively support the growing demand for investment, corporation establishment, and various disputes in the global market based on corporate-oriented services strengthened by the addition of local lawyers.

The two lawyers agreed that demand for both 'inbound', where overseas companies enter Korea, and 'outbound', where Korean companies go abroad, has been steadily increasing recently.

Attorney Son explained, "Foreign companies are making many attempts to enter the Korean market in the consumer goods industry such as luxury goods and clothing, while Korean companies are gradually making inroads overseas in the financial industry, such as asset management."

Attorney Kim added, “Inquiries about domestic companies establishing local corporations in the U.S. have also increased.” ;

In particular, Attorney Son said, “Recently, the number of startups and small and medium-sized businesses interested in the so-called ‘Flip’ has increased significantly.”

Flip refers to a strategy of establishing an overseas parent company over an existing Korean corporation and transferring the shares of the Korean corporation to the overseas parent company. ;

The purposes of the flip are cited as attracting global investment, preparing for overseas IPOs, and easing the tax burden on foreign investors.

Attorney Son said, "In fact, we have received many inquiries regarding Daeryun. Flip is a commonly chosen structure for global investment and exit, but assistance from experts is essential as it requires a thorough preliminary review of tax, foreign exchange regulations, and existing contract issues."

In the future, Daeryun plans to further expand its network in major overseas markets beyond the United States and establish itself as a long-term partner of global companies.

Attorney Kim said, "Daeryun has many lawyers who have experience in numerous cases, including establishing corporations in various industries and issuing related residence visas," and added, "We will do our best to provide strategic and professional legal services to customers around the world."

#Law Firm #Global #USA

Shin Min-ji (sourminjee@ikbc.co.kr)

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