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Jipyong Focuses on Legal Services Related to the Korean New Deal through its Digital Economy Group and Green New Deal TF

2020.07.20

Recently, the government announced a comprehensive plan called the Korean New Deal, which focuses on ‘Digital New Deal’ and ‘Green New Deal’. The plan aims to respond to the country’s transformation to the digital economy in reflection of the increase in non-face-to-face demand and the economy slowdown caused by the covid-19 pandemic, and to fight against environmental problems through reduction of greenhouse gases, etc. The Green New Deal, aiming to address the environmental problems and change the economy and society, has gained transaction at an international level. 
 
Jipyong’s Green New Deal TF & Digital Economy Group 
 
Jipyong launched the Green New Deal TF based on its Environmental/Energy/Public Policy teams which has responded proactively to Green New Deal-related issues, and the Digital Economy Group consisting of the nation’s top experts in law and various industries such as smart city and SOC, etc., to make its efforts to respond to the issues related to the Korean New Deal and provide necessary legal services. 
 
The Green New Deal TF, which consists of 30 experts in environment, energy, finance, and legislation and is led by the Managing Partner Sung Taek LIM, will provide broad legal services including legal advice on investment/finance and various approvals/permits related to new and renewable energy such as wind and solar energy, etc., advice on the measures to climate change such as ETS, smart grid, green mobility, zero energy buildings, etc., advice on the assessment and response strategies to environmental risks that may arise in the transaction process such as M&A and restructuring, etc., and advice and representation in connection with environmental disputes related to soil, air, and water pollution. 
 
The Digital Economy Group is led by the Managing Partner Young Tae YANG, and consists of 50 experts in the data-based industries such as personal information, big data, blockchain, and AI, which are essential for the transformation to the digital economy, and the non-face-to-face industries such as digital healthcare, online education, and tangible media, and the key industries of Digital New Deal such as platform business, digitalization in the SOC sector, and smart city. 
 
There is no border for Green New Deal. This is why the legal services related to the Korean New Deal must be designed to respond to not only the short-term legal demands but also the macroscopic change such as addressing environmental problems and a paradigm shift in economy. Jipyong has 11 domestic and foreign branches and the top capabilities in supporting public policy and legislation. Based on such competitive edge, Jipyong will provide professional and systematic legal services related to the Green New Deal and Korean New Deal initiatives.

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