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Attorney Seong Mun (Photo by Seong-hyun Baek)
In the '2025 Law Firm Consumer Report' (jointly organized by THE LAW TIMES, the IHCF and the Korea In-House Counsel Association), Seong Mun (46, Judicial Research and Training Institute, 38th Class), a lawyer at YULCHON, was named 'Best Lawyer' by 32 corporate legal officers. Mr. Mun was the only lawyer to receive more than 30 votes, earning the honor of 'Best of the Best.'
There are clear reasons Mr. Mun was chosen as the 'Best of the Best.' He spent more than 10 years as in-house counsel at firms including Mirae Asset Global Investments, KDB Daewoo Securities and CJ Corporation, building varied experience in corporate governance, regulatory response and the design of compliance programs. He then served as head of the Shareholder Rights Team at the National Pension Service's Investment Management Division, handling the exercise of voting rights, shareholder proposals and other minority-shareholder rights at listed companies in Korea and abroad - gaining the perspective of an investor as well. Providing service not merely from the viewpoint of an 'outside adviser' but from the viewpoint of the client entrusting the work has become second nature to him.
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"I focused on going beyond simply supplying legal knowledge to deeply understanding the client's business context and presenting practical solutions," he said, adding, "My experience as in-house counsel at the National Pension Service and various financial institutions was a great help in developing the ability to solve complex problems."
Mr. Mun said he checks relevant news and case law every morning and regularly attends seminars at home and abroad. "To maintain my expertise, I continuously monitor domestic and international ESG regulatory trends and changes in investor behavior," he said. "Corporate governance and ESG are fast-changing areas, so simply knowing the current rules is not enough." His book, "The National Pension Service's Exercise of Shareholder Rights," is the fruit of the efforts he has invested in building that expertise.
Attorney Seong Mun (Photo by Seong-hyun Baek)
Corporate legal officers praised Mr.
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Mun, saying: his attitude from the client's standpoint is excellent; his timely advice on problem situations was a great help in minimizing the company's legal risks; he strives to provide the highest level of legal service based on his expertise and understanding of clients; and, with his expertise in corporate advisory and compliance, he gives remarkably detailed and clear answers to any request, which they found very satisfying.
Mr. Mun said that when dealing with clients as a law-firm lawyer, 'understanding the client's true needs' matters most. To that end, he always spends enough time at the first meeting discussing why the legal advice is needed. "A gap can arise between what the client asks for and the solution they actually need," he said. "Legal risk arises in a business context, so you cannot deliver true value without a deep understanding of the client's industry, business model and strategic goals." He added, "Discussing why the legal advice is needed goes beyond answering a legal question - it helps me become a strategic partner who supports the client in achieving their business goals."
Mr. Mun said that to grasp a client's needs he talks with them at length and listens, and when offering advice, he also translates it into 'the client's language.' Thinking about how the advice can actually be applied in a real business situation, he communicates in business terms rather than complex legal jargon.
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"In my experience, the value of legal advice depends less on how academically precise it is than on how easily the client can understand and apply it," he said. "My experience as in-house counsel, collaborating with colleagues across various departments and ranks, has been a great help in communicating with clients from diverse backgrounds."
Mr. Mun said the '2025 Law Firm Consumer Report,' which captures the candid assessments and opinions of corporate legal officers, is significant because it can lead to real improvements in how law-firm lawyers' work. "In the evaluation materials, there is feedback such as, 'It was unpleasant that the lawyer tried to lecture me as if he knew more than the client' - and this is a problem that is rife in our legal profession," he said. "A lawyer is a legal expert, but the client is the expert in their own business and industry. The best results come when these two experts combine with mutual respect." He added, "What impressed me most was that the survey drew on a vast sample of 1,252 legal officers from 400 companies. Such wide-ranging feedback will offer valuable insight into the direction in which our legal profession should develop."
Han Soo-hyun, Reporter
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