Daeryun Law Firm signs an MOU with Bridgeway IP, a U.S. patent law firm

Daeryun Law Firm announced on the 28th that it has signed a business agreement (MOU) with Bridgeway IP Law Group (PLLC), a law firm specializing in the field of intellectual property rights in the U.S., and will begin supporting global intellectual property (IP) strategies for domestic companies.

This agreement ceremony was held on the 23rd at the Yeouido branch office of Daeryun's Seoul headquarters with the attendance of key figures including Daeryun CEO Kim Kuk-il, Bridgeway IP partner lawyer Corey Shin, and lawyer David Jung.

Bridgeway IP is an intellectual property law firm based in Virginia, USA, specializing in patent, trademark, design, and copyright applications and related litigation and legal services.

Its experts include U.S. patent attorneys, former examiners of the U.S. Patent and Trademark Office (USPTO), U.S. law school professors, and doctoral-level technical experts. Based on expertise in technology fields such as IT, AI, software, semiconductors, communications, automobiles, biochemistry, pharmacy, medical devices, and heavy equipment, we have successfully represented domestic and foreign companies, universities, national research institutes, and startups.

Through this agreement, Daeryun plans to provide three-dimensional advice linked to business strategies, including not only domestic clients' U.S. patent applications, but also overseas IP licensing, overseas clinical trials, review of manufacturing and distribution contracts, technology-based M&A, and IP consulting advice on investment attraction. In addition, we plan to closely evaluate the value of the IP portfolio and cooperate in eliminating potential risks in advance.

In addition, along with applications in Korea and the United States, the two companies plan to continue cooperation in various areas, including △ prior technology analysis and IP strategy advice in the early stages of R&D △ providing patent attorney opinions in preparation for IP due diligence and valuation during technology-based M&A △ writing invalidation, infringement/non-infringement, and FTO (Freedom to Operate) opinions following patent trials and infringement lawsuits at the U.S. Patent Office and court stages.

Corey Shin, a partner lawyer at Bridgeway IP, said, "Korea's innovative companies have excellent original or advanced technologies," and added, "Through cooperation with Daeryun, which is leaping forward as a global mega law firm, we will actively support Korean companies to ensure that the value of their technology is properly recognized."

CEO Daeryun Kim Kook-il said, "IP assets are already a core management element that determines a company's survival and value. With this cooperation, we will continue to provide practical support to help domestic companies strengthen their capabilities to enter the global market and respond to disputes, while also serving as a strong shield to help them effectively respond to risks and expand into the global market."

Eunhye Lee (zhses3@joseilbo.com)

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