[Invest Chosun] Four Major Law Firms Vying for Market Dominance in 2024, “2025 Set to Be the Year of the Ultimate Duel”

On January 24, 2025, Invest Chosun issued a featured article on Lee & Ko’s outstanding performance in 2024, noting, “Lee & Ko earned the title of the first Korean law firm to exceed the KRW 400 billion threshold in annual revenue, outpacing Bae, Kim & Lee in terms of value-added tax declared amount for four consecutive years. In addition to Lee & Ko IP's annual revenue of KRW 16.8 billion last year, the firm generated a total of KRW 427.9 billion in revenue.” It also highlighted that “Lee & Ko undertook SK Group’s restructuring efforts and provided corporate advisory services to facilitate a merger between CJ ENM’s Tving and Wavve. In criminal defense, the firm successfully obtained acquittals in the embezzlement case of SPC Group Chairman Young In Hur and the antitrust violation case involving former Hanssem Chairman Yang Ha Choi, credited to the expertise of both former judge Chang Ho Seong and Da Joo Jung.”