Merger of Daeryuk Aju and Lin… Launch of ‘D&L’, the 6th largest law firm in terms of number of lawyers

Only 6 months after the merger MOU... Ministry of Justice approval/merger registration remains

(Seoul = Yonhap News) Reporter Lee Bal-eum = D&L, an integrated corporation, is launched as law firms Daeryuk Aju and Lin sign a merger agreement.

Daeryuk Aju and Lin held a merger agreement signing ceremony in the conference room of Donghoon Tower in Yeoksam-dong, Gangnam-gu, Seoul on the 9th.

The two companies signed a merger agreement (MOU) last April and formed a merger promotion committee to continue discussions on the merger.

It is scheduled to be officially launched as an integrated corporation soon after approval from the Ministry of Justice and registration of the merger.

As of the 31st of last month, the number of lawyers at the integrated corporation was 397, ranking 6th among large domestic law firms, and sales were 143.7 billion won as of last year, ranking 8th.

Daeryuk Aju has built expertise in litigation and regulatory response, including fair trade, major disasters, and human resources and labor, while Lin has built expertise in corporate advisory, including mergers and acquisitions (M&A) and finance.

Lee Gyu-cheol, CEO of Daeryuk Aju, said, “We will continue the expertise and customer trust that the two corporations have built under the name D&L.”

Lim Jin-seok, CEO of Lin, said, “We will become a law firm that is the first to answer new problems that customers will face in the era of artificial intelligence (AI).”