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Recently reviewed Professionals
Young Jae Park is a partner in Lee & Ko’s Litigation and Arbitration Group. He primarily practices in dispute advisory and litigation in the areas of shipping, insurance, shipbuilding, aviation, and international commercial disputes. His expertise also includes arbitration and cross-border insolvency practice, representing both domestic and foreign clients in various cross-border cases .

Mr. Park has been actively involved in a number of major maritime casualty cases, including M/T Wuyisan c/w GS Caltex oil berth case, sinking of M/V Tan Binh 136, grounding and oil spillage from M/T Solomon Trader occurred in the area of Solomon Islands, fire and explosion on board a container ships and car carriers, representing P&I Clubs, IOPC Fund, (re)insurers, and global companies. He has also been involved in various cargo claims, container demurrage, bill of lading and charterparty disputes, ship arrests, and shipbuilding disputes.

Mr. Park is also experienced in numerous international arbitration cases (LMAA, SIAC, SCMA, KCAB, SMAA) and has also been involved in diverse insurance cases (other than maritime insurance); professional indemnity insurance, CAR, EAR, general commercial liability insurance, performance bond, forwarder liability insurance, BBB policy, D&O policy, Product Recall Policy, reinsurance, DSU representing both domestic and global (re)insurance companies.

In addition to being a Member of the Korean Bar, Mr Park is qualified as a solicitor admitted in England & Wales. He is well recognized as an exceptional practitioner with analytical skills and in-depth insight into English law practice as well. In 2020, he completed his Master of Laws degree at the London School of Economics and Political Science.
Education
2022 Qualified for Solicitor in English & Wales
2019-2020 London School of Economics and Political Science - LL.M
2010 Judicial Research & Training Institute, Supreme Court of Korea
2008 Yonsei University – LL.B.
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Work Experience
2022-Present Lee & Ko
2024-Present Korean Commercial Arbitration Board (KCAB) Arbitrator
2023-Present Legal Advisor, Ministry of Oceans and Fisheries
2013-2022 Choi & Kim
2022-Present Research Director of Korea Maritime Law Association
2022 Advisory Member, Serious Accident Act Task Force, Korean Bar Association
2022 Advisory Member, Serous Accident Act Task Force, Seoul Bar Association
2020 Member of Korea Private International Law Association
2013-Present Marine Proctor, Korea Maritime Safety Tribunal
2012-2013 Review Panel of Korean Bar Exam (Commercial Law)
2010-2013 Public Service Advocate
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Admissions & Qualifications
2010 Admitted to the Korean Bar
2022 Admitted to the bar, England & Wales
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Languages
Korean and English
Awards & Recognitions
2025-2026 Selected as “Next Generation Partners” by Legal 500 Asia-Pacific (Shipping)
2022-2025 Selected as “Leading Lawyer” in Shipping Area (Legal Times, 2022-2024)
2023 Selected as “Lawyer of the Year” in Shipping Area (Legal Times, 2023)
2023 Selected as “Rising Stars” in Insurance Area (Korea In-house Counsel Association, 2023)
2022 Selected as “Rising Stars 100” in Shipping Area (Legal Times, 2022)
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Publications / Presentations / ETC
The Regulation on Third-Party Funding in Maritime Arbitration: Focusing on the Practice of P&I Clubs (석사학위 논문) (2020)
컨테이너 초과사용료(container demurrage)의 제척기간 및 인정범위 – 부산고등법원 2015 나52893 및 2016나56700 판결과 영국 MSC Mediterranean Shipping Co SA v Cottonex Anstalt 판결의 비교분석을 중심으로 (2019, 한국해법학회지) (2019)
The Insurance and Reinsurance Law Review (6th Edition) (공저, 2018, The Law Reviews)
“개정 국제사법상 선박 가압류관할의 의미와 우리 법제와의 조화 문제 및 향후 실무에 미칠 영향”, 발표, 대법원 국제거래법학회 – 한국해법학회 제8회 공동학술발표대회 (2023)
Korea P&I Club “영국해상법, 영국해상보험법” 강의 (2023)
“안정적인 항만 물류를 위한 법률문제”, 한국해법학회 2023년 봄철 정기학술대회, 토론 (2023)
2022년 해사중재포럼 (체선료, 감항능력 관련 최신 영국판결 소개), 토론 (2022)
“Covid-19에 따른 용선계약 및 선박운항 상 이슈”, 한국해법학회 2021년 봄철 정기학술대회, 토론 (2021)
“컨테이너 초과사용료의 제척기간 및 인정범위” 발표, 한국해법학회 2018년 정기판례연구회 (한국해법학회, 2018)
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