Law firm Barun (managing partners Lee Dong-hoon, Lee Young-hee, and Kim Do-hyung) signed a memorandum of understanding (MOU) with Korea Management Association Consulting (KMAC) to cooperate in the energy and infrastructure field.
Barun said on the 22nd that it signed an MOU with KMAC for joint business and advisory cooperation in the energy and infrastructure field. The aim is to respond to a trend in which energy and infrastructure projects are becoming more complex, requiring not only legal review but also system design, management strategy, organizational operations, and financial feasibility assessments.
With this agreement, the two sides plan to jointly identify new businesses in energy and infrastructure and to pursue participation in related consortia together. They also agreed to build an integrated advisory model that combines strategy, organization, and legal consulting, while pursuing collaboration using their existing client bases and holding joint seminars and forums, as well as publishing policy reports.
Barun has experience advising not only on traditional power generation such as nuclear and hydropower and on renewable energy, but also on public-private partnership (PPP) projects such as roads, railways, and airports, and on overseas energy and infrastructure investment and development projects (IPP). KMAC has provided consulting on energy policy design, including carbon neutrality, hydrogen energy, power generation, and nuclear power, as well as on national core infrastructure such as transportation, aviation, ports, and Smart City.
Through this agreement, Barun expects to combine its energy and infrastructure legal advisory capabilities with KMAC's management consulting capabilities to provide integrated solutions even for tasks that are difficult to address at the level of a single organization.
Lee Dong-hoon, managing partner at Barun, said, "In the energy and infrastructure field, regulatory response and the predictability of legal risks are key factors that determine a project's success or failure," and added, "By combining Barun's experience in energy legal advisory with KMAC's strategic consulting capabilities, we will provide integrated solutions that manage clients' risks and support new business opportunities."
Han Su-hee, CEO of KMAC, said, "In a rapidly changing energy industry environment, clients want multidimensional solutions that combine management strategy with legal risk management, rather than piecemeal advice," and added, "By combining KMAC's industry expertise with Barun's legal expertise, we will present a new business standard for the energy and infrastructure market."