Business · Companies · 3 hrs ago

Shin & Kim chief says companies need joined-up advice on rising regulation

Shin & Kim chief says companies need joined-up advice on rising regulation

Shin & Kim managing partner Oh Jong-han says companies face more complex legal risks as rules increasingly affect business plans and investment decisions.

Labor, competition, corporate governance, tax, privacy and criminal law issues can overlap in a single business decision.

He says companies need legal advice across multiple fields from the planning stage, including for AI, cybersecurity and overseas expansion.

South Korea is separating investigations from prosecutions, a change expected to involve more agencies in criminal investigations.

Overlapping agency roles could make investigations harder to navigate and may slow cases, so Oh says companies need to respond early and tailor their approach to each agency.

He sees AI helping with research and document work, but says lawyers must check its output and remain responsible for legal judgment.

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What people are saying

Oh Jong-hanManaging partner of law firm Sejong
Regulation is no longer an issue for the legal department to handle after the fact.
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Giving separate answers in each field is not enough, and integrated advice covering multiple fields is essential.
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AI is not a replacement for expertise, but a tool that changes how lawyers work so they can focus on more important tasks.
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