AI is a driving force behind digital transformation across all industries, creating a new economic paradigm and leading to a new content-centric industry transition that differs from traditional manufacturing and construction sectors. The convergence of cutting-edge technologies such as artificial intelligence, big data, cloud computing, and IoT is giving rise to innovative business models, but at the same time, complex and specialized legal issues such as data privacy, algorithmic fairness, intellectual property rights, and platform accountability are rapidly increasing.
The law firm Cheongchul operates a dedicated team composed of lawyers with expertise in corporate investment, data privacy law, and intellectual property rights, who have built their expertise at large law firms such as Kim & Chang, BAE, Gwangjang, Sejong, and Yulchon, in response to the rapid development of AI/new technologies and the changing legal requirements that accompany them.
Based on continuous research on the rapidly changing technological environment and fluctuating domestic and international legislation, we provide proactive and integrated legal services for not only companies developing and servicing AI but also all companies that utilize AI, addressing the comprehensive legal issues they may face.
Establishment of a startup corporation based on new technologies and review of initial stage regulations
Support for contract work related to series investment attraction and valuation
Preparation and review of investment-related documents such as investment contracts, shareholder agreements, and stock option agreements
Consulting on tax special cases related to venture investment and tax optimization strategies
Consulting on utilizing government support systems such as technology startup certification and Inno-Biz certification
Legal support during the establishment of startup M&A and exit strategies, as well as the IPO preparation process
Regulatory analysis and compliance system establishment before the development and launch of AI services
Establishment of compliance with the Personal Information Protection Act related to the collection and use of AI training data and consent system for data processing
Review of the permissible scope of use of copyrighted works for AI training under copyright law and risk analysis of copyright infringement
Review of the application of existing business regulation laws such as the Act on Promotion of Information and Communications Network Utilization and Information Protection
Consultation on the applicability of regulations related to telecommunications and broadcasting such as the Telecommunications Business Act and the Broadcasting Act, including notification and licensing procedures
Risk analysis and response to intellectual property infringement related to generative AI services
Digital healthcare service regulatory consulting
Compliance with healthcare-related laws such as the Medical Devices Act, the Pharmacy Act, and the Personal Information Protection Act
Regulatory responses related to new medical technologies such as telemedicine, digital therapeutics, and AI medical devices
Consulting on personal information protection and data utilization related to the processing of medical and health information
Transaction consulting for M&A, fundraising, and technology transfer contracts in the healthcare sector
Compliance with e-commerce regulations such as the Electronic Commerce Act, the Consumer Protection Act, and the Act on the Regulation of Terms and Conditions
Support for the notification of telemarketing business and compliance with legal requirements when building online platforms
Designing consent procedures for personal information processing and establishing a personal information protection management system
Consulting on regulations related to the Electronic Financial Transactions Act and PG industry when introducing electronic payment systems
Prevention and response to consumer disputes, responding to investigations by the Fair Trade Commission
