Recent Developments

On April 22, 2024, Chosun Biz reported that Lee & Ko has established the largest Tech & AI team in South Korea, comprised of over 100 specialists, including lawyers and former regulatory officials. Chosun Biz stated, “The Lee & Ko Tech & AI team aims to provide comprehensive one-stop legal services that cover every aspect of utilizing AI and new technologies, from liaising with regulatory authorities, offering legislative consulting, and handling investigations and sanctions.” The team is led by Attorney Hwan-kyoung KO, who specializes in personal information, data, IT, and digital finance sectors.

On April 4, 2024, Digital Chosun reported that Attorney Hwan-kyoung KO from Lee & Ko was appointed chairman of the Law and Regulation Committee of the Supreme AI Strategy Council. Aiming to position itself among the top three AI-powered nations, the government initiated this council in collaboration with the private sector, including major corporations. The council, divided into six committees, will focus on expanding AI infrastructure such as talent and semiconductors, preempting future technologies through robust AI research and development (R&D), and formulating policies that ensure the safe utilization of AI, with an emphasis on ethical standards.