[Legal Times] Lee & Ko Posts Record-Breaking Revenue, Topping KRW 400 Billion

On January 20, 2025, the Legal Times published a featured article on Lee & Ko’s stellar performance and achievements in 2024, noting, “Lee & Ko unveiled an estimate of KRW 411.1 billion in revenue for 2024, surpassing the KRW 400 billion threshold for the first time since its establishment in 1977. According to the firm, this recording-setting growth, a 10% year-on-year increase from KRW 372.3 billion, is majorly driven by the strong rebound of its M&A advisory services in the second half of the year and the outstanding performance of the Criminal Defense (Litigation) Team in handling high-profile criminal cases involving major entrepreneurs and others.” The article also underscored that, “Amid the downturn in the M&A market, Lee & Ko’s seasoned M&A Team spurred revenue growth by playing an active role in corporate restructuring transactions, namely the KRW 6.45 trillion merger between SK Innovation and SK E&S and Air Incheon’s acquisition of cargo planes from Asiana Airlines. Alongside these accomplishments, the firm is beginning to see tangible outcomes from a three-year-long, proactive strategic effort spearheaded by Managing Partner Sang Gon Kim, which centers on reinforcing specialized teams, such as revamping and expanding its conventional Financial Compliance Team, introducing new teams dedicated to security token offerings, aerospace, and platform compliance, and launching the International Dispute Resolution Group.”