Stephenson Harwood > Seoul, South Korea > Firm Profile

Stephenson Harwood
LEVEL 21
TWO IFC, 10 GUKJEGEUMYUNG-RO
YOUNGDEUNGPO-GU, 07326 REPUBLIC OF KOREA
South Korea

South Korea > Shipping: foreign firms Tier 1

Stephenson Harwood  is sought after for its special expertise in shipbuilding, and the team frequently advises clients such as Korean global corporates, international banks, and shipping and shipbuilding trading companies in this sphere. Practice head Michael Kim has extensive experience in ship finance and offshore mandates, as well as in general commercial litigation with a nexus to the industry. The group also includes Stuart Burrell, who acts for clients such as shipowners and shipbuilders in multi-jurisdictional litigation and international arbitration, and Stuart Beadnall, who is a shipping and energy specialist with particular expertise in contract negotiation. Sean Gibbons, who is regularly instructed to defend fraudulent cargo claims made against shipowners, and shipping and offshore financing specialist Gregg Johnston are also key contacts.

Practice head(s):

Michael Kim

Testimonials

‘Stephenson Harwood are well known to Korean clients for their shipping and shipbuilding practice. They have extensive experience and expertise in the industry, and they also know the Korean market well. Among the foreign law firms that have opened their offices in Korea, Stephenson Harwood are known to be one of the most successful offices.’

‘They have good knowledge of the industry, market, and law. They are well-armed with legal principles, but they always provide practical and prompt solutions.’

‘Their connection with local offices is very concrete and cooperation between the lawyers is well performed without delay. Their speedy replies to answers and good understanding of local culture and good cooperation with local lawyers reassure a client.’

‘Michael Kim deals with any dispute with the client’s best interest at heart.’

‘The key partner we have been working with is Michael Kim – he thoroughly knows the shipping industry as well as the Korean market, and based on his experience and expertise, he understands the clients’ needs well and provides effective and practical solutions. He is always ready and willing to assist and satisfy clients’ needs, which can be urgent at times.’

‘Michael Kim is a very trustworthy lawyer who has sufficient experience for various matters. He knows practices very well and is a creative lawyer who can present a reasonable solution.’

Key clients

Hyundai Heavy Industries Co., Ltd

Daewoo Shipbuilding & Marine Engineering

Korea Line Corporation

Hanwha General Insurance Co Ltd

The Import-Export Bank of Korea

KB Insurance Co., Ltd

Chevron International Pte Ltd

The Standard Club

HJ Shipbuilding & Construction Co., Ltd

Hyundai Merchant Marine

Pan Ocean Co., Ltd

Sungdong Shipbuilding

Daehan Shipbuilding Co., Ltd

Sinokor Merchant Marine Co.,Ltd

Japan P&I Club

SPP Shipbuilding Co., Ltd

Eukor Car Carriers. Inc

Macon Charter B.V.

SK Shipping Co., Ltd.

H-Line Shipping Co.,Ltd.

DB Insurance Co., Ltd

Feen Marine Scrubbers Inc.

HHIC-PHIL KOREA

Hyundai Marine & Fire Insurance Co., Ltd

KfW IPEX-Bank GmbH

Samsung Heavy Industries Co., Ltd.

SC Engineering Co., Ltd.

Seil Textile Co., Ltd.

You Chang Trading Corp

MULTI ASSET GLOBAL INVESTMENTS CO.,LTD.

LATTICE TECHNOLOGY CO., LTD.

WILLIAM FRY

NOVEL GROUP OÜ

BHI CO., LTD

Work highlights

  • Assisted Crédit Agricole Corporate and Investment Bank with the senior secured financing of five very large ore carriers for Polaris Shipping.
  • Advising Société Générale on the financing of an LNG Bunkering Vessel.

We have advised our Korean clients on their key business decisions since the late 1970s. The majority of our work involves cross-border transactions and multi-jurisdictional disputes with international parties.

Our global reach and local presence makes us one of the largest law firm practices in the Asia Pacific region.

Our dedicated lawyers represent Korean global corporates, international banks, insurance companies, shipping and shipbuilding and trading companies as well as international insurance establishments which underwrite Korean business.

Over the years we have developed an excellent knowledge of Korean culture and its professional and social ways of life. This experience gives us a deep understanding of the Korean market and how to efficiently progress cases and transactions for our clients.

We provide a full range of commercial legal services, advising on inbound and outbound investment, contract negotiation, dispute resolution, joint ventures, finance, intellectual property, M&A, shipping and offshore contracts and projects.

Department Name Email Telephone
Shipping Michael Kim
Shipping Stuart Burrell
Shipbuilding & Off-shore construction Michael Kim
Marine insurance Michael Kim
Construction Michael Kim
Commercial litigation Michael Kim
Commercial litigation Stuart Burrell
International arbitration Michael Kim
Commercial dispute Michael Kim
Photo Name Position Profile
Stuart Burrell photo Stuart Burrell A partner with an extensive range of shipping litigation and international arbitration…
Michael Kim photo Michael Kim Michael is the office managing partner of the Seoul office. He is…
Number of lawyers : +500
at this office : 7
English
Korean
Contacts : Michael Kim (Managing partner - Seoul)

Our vision is to be known as an inclusive and diverse firm, where all our people feel they can be themselves and thrive at work. Our people are our biggest asset. We want Stephenson Harwood to be a place where colleagues can do their best work in a team that values the unique contributions that they bring.

Our Belonging, Inclusion and Diversity strategy focuses on culture, leadership, talent management and recruitment. We partner with a range of organisations to help us to create the diverse and inclusive workplace that we strive to be. Partners include Stonewall, The Business Disability Forum, The Valuable 500, Aspiring Solicitors and Rare Recruitment.

Access to the profession

Our commitment to diversity and inclusion starts with young people, often long before they would come to work for us.

We have a longstanding partnership with the Stephen Lawrence Charitable Trust to provide access to opportunity for young people from disadvantaged backgrounds. We are founding members of Aspiring Solicitors Foundation, an organisation focused on removing financial hardship for students to support them in pursuing a career in law.

Our new scholarship programme, open to disadvantaged students, offers £15,000 to cover the costs of university fees and contribute to living expenses. Recipients will receive a range of support, including a mentor from the firm, invitations to insight days and work experience, and they’ll be guaranteed a place at an assessment centre for a training contract.

We work hard to reach diverse candidates, providing the support they need to apply for roles at the firm. We partner with a number of organisations to attract diverse candidates. We use the Rare contextual recruitment system as part of our graduate selection process. The tool contextualises the academic performance of applicants, helping us to identify ‘stand-out’ candidates, regardless of background.

Fostering inclusion

We know we need to foster an inclusive culture, where all our people can be themselves and thrive at work. It’s about equality and opportunity, making sure that talented people can thrive and progress at Stephenson Harwood. All of our associates have a dedicated development partner, who has responsibility for supporting their development and career progression. We are focused on fair work allocation for all – we currently have structured work allocation pilots in two practice groups, with a view to extending this programme across our business.

Our six D&I networks create a sense of belonging by celebrating diversity and connecting people across the business and working with the wider community.

Our Female Career Progression Programme (FCPP) supports associates to navigate their career and strengthen their networks in the firm and with our clients. We already know that our women are talented; the FCPP focuses on giving them the tools, resources and networks to progress their career.

We know that developing inclusive leaders, who build meaningful relationships with their teams, brings a real competitive advantage. We have run inclusive leadership training for our partners globally. The value that we place on inclusion extends to how we reward our partners, as we now include accountability for living our values in partner performance reviews.