Signed a global legal partnership MOU for business cooperation with Japan’s Very Best

Daeryun Law Firm announced that it will strengthen its global competitiveness by signing an MOU with Berry Best, a large Japanese law firm, on August 21, 2024.

Berry Best The MOU signing ceremony held at the Tokyo office was attended by key officials, including Daeryun law firm CEO Byung-jun Ko and Dong-il Park, and Very Best CEO Kentaro Asano.

Berry Best is a large Japanese law firm with 75 offices throughout Japan and approximately 360 lawyers. In particular, it has the largest number of corporate advisors in Japan and is evaluated as demonstrating outstanding capabilities in the field of international legal affairs by recruiting overseas lawyers from the United States and China.

Daeryun Law Firm has 39 offices throughout Korea and has approximately 230 lawyers. It is a large domestic law firm. In particular, the Daeryun Corporate Legal Group, which is being strengthened every year, is receiving high levels of satisfaction from companies by providing advice from a large group of experts.

Through this agreement, both companies plan to expand and develop their international legal service capabilities.

The two organizations plan to closely cooperate to develop legal services such as ▲support for companies from both countries to enter the market ▲legal advice on overseas M&A, joint ventures, and international transactions ▲resolution of international disputes ▲exchange for overseas expansion ▲protection of intellectual property rights (IP) ▲joint research on legal information.

In particular, Daeryun Law Firm plans to accelerate global expansion based on Verivest's know-how in the international legal field.

■ Legal support for companies' overseas expansion

Daeryun Law Firm and Verivest will provide legal advice by providing information on local laws and regulations to help companies in both countries enter the local market.

In particular, legal advice, drafting and review of contracts, exchange of local information, etc. in relation to overseas M&A and international dispute resolution. We plan to carry out a partnership.

We also plan to actively respond to intellectual property infringement issues to protect the company's core technology and brand value.

Both companies will provide local law-based advice to resolve intellectual property disputes such as overseas patents, trademarks, and copyrights. It is said that it will help companies safely advance overseas.

■ Mutual cooperation to strengthen legal expertise

Through this MOU, both companies will further strengthen their legal expertise by developing customized legal education programs, holding regular legal seminars, and providing remote legal advice. It is planned.

As part of the capacity building project, it is expected that the establishment of a joint legal database for the Japanese and Korean markets, joint publication of legal newsletters, and establishment of a legal information sharing platform will be carried out.

In addition, operation of lawyer exchange programs, joint hosting of legal culture events, It is expected that the cooperative relationship will be further strengthened through the activation of legal cultural exchanges between the two countries, including social contribution activities.

Very Best CEO Kentaro Asano said, "We are happy to be able to benefit from the expertise of Daeryun Law Firm, which is well versed in corporate legal fields such as litigation, taxation, and accounting," and added, "We are providing further support to Japanese companies seeking to enter the Korean market." We expect that the cooperation between the two companies will contribute to the development of companies in both countries," said Park Dong-il, CEO of Daeryun Law Firm. "The signing of this MOU is the first step in Daeryun's position as a global law firm specializing in corporate law through cooperation between the two companies. “It will be an important opportunity to strengthen and accelerate entry into the global legal service market,” he said. “Collaboration with Veribest will enable more rapid and accurate support in the advancement of Korean companies to Japan and advisory services to Korean companies in Japan at the level of Daeryun Corporate Legal Group.”