Best Due Diligence Lawyers in South Korea

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IPG Legal Law Firm

IPG Legal Law Firm

15 minutes Free Consultation
Seoul, South Korea

Founded in 1993
18 people in their team
Korean
English
Corporate & Commercial Due Diligence Government Relations & Lobbying +13 more
IPG Legal professionals are recognized internationally for delivering tailored and effective solutions to the most rewarding opportunities and most perplexing challenges via our Strategy-First focus, intense dedication, and our love for assisting clients in winning opportunities, and resolving...
Jipyong LLC.
Jung-gu, South Korea

Founded in 2000
50 people in their team
Korean
English
Jiphyeong provides professional and comprehensive legal services in all areas. Litigation and arbitration, M&A, corporate, international transactions, overseas investment, finance andsecurities, PE, construction and real estate, fair trade, labor, bankruptcy and restructuring, intellectual...
KL Partners
Seoul, South Korea

English
KL Partners, established in 2015, is a distinguished law firm in Seoul, South Korea, specializing in international dispute resolution and corporate mergers and acquisitions (M&A). Founded by a team of leading attorneys with shared principles and values, the firm is dedicated to delivering the...

Founded in 2018
8 people in their team
English
UniKL Patent & Law Firm is a Korea based intellectual property boutique serving technology driven companies, universities, research institutes, and startups. Led by patent attorneys with backgrounds in chemical engineering, electrical and electronics, biotechnology, and mechanical engineering, the...
Seoul, South Korea

Founded in 2010
18 people in their team
English
Joonsung IP & Law Firm is an intellectual property focused practice based in Seoul's Gangnam district. Founded in 2010, the firm concentrates on patent and trademark prosecution, IP enforcement and related commercial matters, leveraging technical expertise in electronics, semiconductors, video...
Stabit Advocates
Seoul, South Korea

Founded in 2000
173 people in their team
Korean
English
French
Chinese
German
Spanish
Stabit Advocates LLP (https://www.stabitadvocates.com) is one of the top law firms in the world and stands as a beacon of legal excellence, recognized as one of the top law firms in East Africa, Africa and Globally with over 75 practice areas. Our firm is synonymous with top-tier legal expertise,...
Kim & Chang
Jongno-gu, South Korea

Founded in 1973
50 people in their team
Korean
English
Kim & Chang, established in 1973, opened a new chapter in the history of the Korean legal services industry by introducing an international model for legal services in Korea.   We continue to be recognized as one of the best partners for our clients not only in Asia but also in the...
SEUM Law
Gangnam-gu, South Korea

Founded in 2012
200 people in their team
Korean
English
SEUM is a boutique law firm founded by attorneys from Korea’s top firmsWe provide general corporate and litigation services in a variety of practice areas and are the leading Korean law firm with respect to startup companies, technology companies and venture capital funds.SEUM works with Korean...
Seoul Law Group
Seoul, South Korea

Founded in 2000
10 people in their team
Korean
English
Empowering You with Expertise: English-Speaking Lawyers in South Korea. Navigating Korean Family Law(Divorce, Inheritance), Criminal Law and Debt Collection. Dedicated to Guiding and Supporting Expatriates.Empowering You with Expertise: English-Speaking Lawyers in South Korea. Navigating Korean...
Logoseu
Seoul, South Korea

English
LOGOS Law, LLC, established on September 1, 2000, by a group of distinguished former judges and prosecutors with a shared Christian background, has rapidly evolved into one of South Korea's leading law firms. The firm offers comprehensive legal services across various practice areas, including...
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About Due Diligence Law in South Korea:

Due diligence in South Korea refers to the process of conducting a thorough investigation or review of a business or individual before entering into a transaction or agreement. This is done to assess potential risks, liabilities, and other important information that may impact the decision-making process.

Why You May Need a Lawyer:

You may need a lawyer for due diligence in South Korea in situations such as mergers and acquisitions, real estate transactions, investment deals, or business partnerships. A lawyer can help ensure that the necessary legal documents are in order, review contracts, conduct research, and provide guidance throughout the due diligence process.

Local Laws Overview:

In South Korea, due diligence is governed by a combination of laws and regulations, including the Civil Code, Commercial Code, and relevant industry-specific laws. Key aspects to consider include compliance with regulations, intellectual property rights, labor laws, environmental regulations, and tax liabilities.

Frequently Asked Questions:

1. What is the purpose of due diligence in South Korea?

The purpose of due diligence is to identify and assess risks associated with a business or individual before entering into a transaction or agreement.

2. How long does due diligence typically take in South Korea?

The length of due diligence can vary depending on the complexity of the transaction and the amount of information that needs to be reviewed. It can range from a few weeks to several months.

3. What documents are typically reviewed during due diligence in South Korea?

Documents that are commonly reviewed include financial statements, contracts, licenses, permits, intellectual property documents, and employee records.

4. What are the consequences of not conducting due diligence in South Korea?

Failing to conduct due diligence can result in unexpected liabilities, legal disputes, financial losses, and damage to the reputation of the parties involved.

5. Do I need a lawyer for due diligence in South Korea?

While it is not mandatory to have a lawyer for due diligence, having legal assistance can help ensure that the process is conducted thoroughly and in compliance with local laws and regulations.

6. How much does due diligence cost in South Korea?

The cost of due diligence can vary depending on the complexity of the transaction, the scope of the investigation, and the rates of the legal professionals involved. It is recommended to discuss fees and expenses with your lawyer upfront.

7. Can due diligence be conducted remotely in South Korea?

Due diligence can be conducted remotely in South Korea, using online tools, video conferencing, and electronic document sharing platforms. However, it may be necessary to visit the premises or meet in person for certain aspects of the investigation.

8. What are the key red flags to look out for during due diligence in South Korea?

Key red flags to watch for include discrepancies in financial records, undisclosed liabilities, pending litigation, regulatory violations, and issues with intellectual property rights.

9. How can I ensure confidentiality during the due diligence process in South Korea?

To maintain confidentiality, it is important to have non-disclosure agreements in place with all parties involved, restrict access to sensitive information, and implement secure communication channels for sharing documents and data.

10. What should I do if I encounter legal issues during due diligence in South Korea?

If you encounter legal issues during due diligence, it is important to consult with a qualified lawyer who is experienced in South Korean law. They can provide guidance on how to address the issues and mitigate potential risks.

Additional Resources:

For additional resources on due diligence in South Korea, you may consider contacting the Korean Bar Association, the Ministry of Justice, or seeking guidance from legal professionals specializing in corporate law and transactions.

Next Steps:

If you require legal assistance for due diligence in South Korea, it is advisable to contact a reputable law firm with experience in this area. They can provide personalized advice, guide you through the due diligence process, and help protect your interests during business transactions or other important agreements.

Lawzana helps you find the best lawyers and law firms in South Korea through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Due Diligence, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in South Korea - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.