Seum Law is a boutique law firm focused on the technology and telecommunications sphere which is recognised for advising startups and venture capitalists. It remains strong in the ‘Highly recommended’ tier for technology and telecommunications, an acknowledgement of its commitment to this area, particularly for early-stage players. The firm does not profess to compete with its larger counterparts for big-ticket mandates, but rather has steadily increased its profile among mid-market clients. Managing partner Hoseok Jung and partner Joonbum Cheon lead the firm. Jihoon (Paul) Choi joined the firm as a partner in October 2023.
Client feedback
"Seum Law has the highest professional skills, experience, and commitment to its clients." – Corporate and M&A
"Seum Law provides insightful legal consulting and counselling." – Media and entertainment
Hoseok Jung
"Hoseok has the highest professional skills and experience, dedication to his clients, and excellent communication skills. I have been working with him and his companies for nine years, and he knows my company (in the field of autonomous driving) inside and out. I don't know how he can handle so many clients with such deep knowledge for each client."
Jungok Yun
"Insightful and makes good use of prior experience."
Work highlights
Advised FuriosaAI, a specialist AI semiconductor fabrication-less startup, on securing W80 billion ($56 million) in Series C investment. The legal advisory services provided by the firm supported FuriosaAI in this significant funding round, which will enable the company to develop and produce its second generation AI semiconductors and pursue a potential listing on the Kosdaq stock market. This investment represents one of the largest funding rounds for an AI semiconductor startup in South Korea in 2023, highlighting the growing importance of specialised AI chip manufacturers in the global tech ecosystem. The deal underscores the increasing investor confidence in South Korean tech startups and their potential to compete on the world stage in cutting-edge technologies.
Key clients
Corca, Hashed, Mobilint, WRTN Technologies
