Lee & Ko has acted for an impressive list of clients this year, including Deutsche Bank Group, Pfizer, GE Aviation and Blizzard. Though partner Seung Kyu Lee left the firm to become a court judge, he was replaced by new hire, partner Tong Keun Seol.Peers ...
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Lee & Ko has acted for an impressive list of clients this year, including Deutsche Bank Group, Pfizer, GE Aviation and Blizzard. Though partner Seung Kyu Lee left the firm to become a court judge, he was replaced by new hire, partner Tong Keun Seol.
Peers appreciate the firm’s expertise in the labour and employment space, especially head of practice Chu Wan. “He’s knowledgeable and has a lot of experience,” says one practitioner.
A highlight was the firm’s handling of Deutsche Bank Group’s replacement of traditional severance packages with retirement pension plans in order to provide greater stability for Korean employees upon requirement. The complex change required collective bargaining with several parties, including labour unions, and reporting to government authorities.
Partners Wan Joo, Tong Keun Seol and Seung Jae Lee also advised Pfizer Korea on reaching a settlement regarding employees committing illegal acts and filing lawsuits against the company. The Lee & Ko team managed to negotiate a settlement to the dispute.
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