[Law Firm Now] Barun Law LLC Signs Business Agreement with Samsung Life on Asset Management Sector

Research on Sustainable Growth Systems and Legal Studies for Small and Medium Enterprises and Mid-sized Companies Collaboration

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Park Jaepil, Chief Attorney of Barun Law Firm (Limited) (left), and Lee Byungju, Head of GFC Business Division at Samsung Life Insurance Co., Ltd., are taking a commemorative photo after signing a business agreement for research on sustainable growth systems for small and medium-sized enterprises on the 21st at Barun Building in Gangnam-gu, Seoul.
Photo by Barun Law Firm

[Asia Economy Reporter Choi Seok-jin, Legal Affairs Specialist] Barun Law LLC (Managing Partners Park Jae-pil, Lee Dong-hoon, Lee Young-hee) has signed a business agreement with Samsung Life Insurance Co., Ltd. (CEO Jeon Young-mook) to research systems for the sustainable growth of small and medium-sized enterprises (SMEs) and mid-sized companies.

On the 21st, Park Jae-pil, Managing Partner of Barun, and Lee Byung-joo, Head of Samsung Life Insurance Co., Ltd.'s GFC Business Division, signed the business agreement at the Barun Building in Gangnam-gu, Seoul, to research systems for the sustainable growth of SMEs and mid-sized companies.

Through this business agreement, Barun and Samsung Life agreed to mutually cooperate in researching systems and laws related to domestic and international asset management, succession, inheritance planning, gifting, guardianship, and testamentary substitute trusts for CEOs of SMEs and mid-sized companies.

Specifically, they will ▲ conduct legal and tax reviews necessary for system and law research ▲ hold regular seminars and consultations on necessary research matters ▲ provide legal advisory services.

To this end, Barun's EP (Estate Planning) Center and Samsung Life's Corporate Consulting Center will collaborate.

Barun's EP Center is a dedicated team that designs clients' asset management plans and provides a one-stop service covering asset transactions, inheritance, and business succession. Barun is the first major law firm, outside the financial sector, to operate a dedicated organization offering total asset management services including inheritance planning for clients.

The EP Center provides asset management plans tailored to the life cycle of asset owners for succession of assets or businesses, based on clients' needs and reviewing legal, accounting, and tax issues.

Samsung Life's Corporate Consulting Center has focused on corporate CEOs, providing consulting services in various fields necessary for corporate management through collaboration with experts in tax, asset valuation, legal affairs, and other specialized areas.

This content was produced with the assistance of AI translation services.