Recent Developments

On May 21, 2023, The Korea Economic Daily reported that large law firms, including Lee & Ko, are experiencing a surge in demand for their services due to the significant growth of the legal market related to the Serious Accidents Punishment Act (the “Act”) over the past two years. According to a survey conducted from January 2021 to April this year on the number of serious accident-related cases and advices by the nation’s top ten law firms, it revealed that “Lee & Ko and Shin & Kim had handled over 200 cases each” and further noted that “Lee & Ko is currently providing legal advice on related cases, such as Sampyo Industry’s quarry collapse in Yangju, Gyeonggi-do, which serves as the first case subject to the new Act”.

Maeil Business Newspaper introduced Lee & Ko's Occupational Safety and Health and Serious Accidents Punishment Act Team. Maeil Business Newspaper reports that the team, consisting of 60 key professionals in each field, is representing the No. 1 Serious Accidents case, Sampyo Industry, acted on behalf of the defendants and led to an acquittal in Gangneung hydrogen tank explosion case, and convinced the prosecution dropped the charge of dust explosion at the Yeosu Thermal Power Plant, where the fire death accident occurred, with a high winning rate in serious accidents.