Daeryun Law Firm signs legal advisory MOU with Young Steel

Support for all corporate activities, from sharing steel industry issues to preventing industrial accidents

Daeryun Law Firm (Lihan) announced on the 28th that it signed an MOU for legal advice with Young Steel Co., Ltd.
 

The MOU signing ceremony held at Daeryun Law Firm's Yeouido headquarters on the 24th was attended by key officials from both companies, including Daeryun Law Firm's CEO Kim Kuk-il, lawyers Lee Gyeong-min, Won Hyeong-il, Park Jeong-gyu, and Kim Hyeong-jin, and Young Steel's CEO Kim Mi-young and auditor Kim Bong-ho.

Young Steel Co., Ltd. is a steel product manufacturer and seller established in 2009. It produces square pipe products used in the production of various steel structures and sells them to about 200 companies nationwide, recording sales of 31.51 billion won in 2023.

Through this agreement, the two corporations plan to cooperate with each other in ▲reviewing contracts related to product sales, ▲preventing and preparing countermeasures against industrial accidents that may occur in the field, ▲reviewing personnel and labor systems, and ▲sharing steel industry issues.

Daeryun Law Firm plans to provide high-quality corporate legal advisory services by deploying experts in various fields, including not only lawyers but also accountants, labor accountants, and tax accountants.

Kim Mi-young, CEO of Young Steel, said, "The size of the company is gradually increasing, including expanding operations in the Chungcheong and Honam regions. We are aiming to achieve sales of 100 billion won by 2030." He added, "As we have expanded our factory facilities and greatly expanded our sales and distribution network, this is the time when professional legal advice is most needed in relation to corporate legal affairs. Through this agreement, we will receive detailed advice on areas that have been difficult so far, which will be of great help in improving business operations. “I’m looking forward to it,” he said.

Kim Kuk-il, CEO of Daeryun Law Firm, said, “Through our partnership with Young Steel, we plan to share major issues and legal risks in the steel industry in real time, and based on this, we will secure Young Steel’s business competitiveness. We will review and resolve various issues with experts in various fields, including lawyers specializing in corporate advisory.”

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