[Law Newspaper] IT Experts Unite ··· "Confident in Technology Disputes" _Law firm Veat Special Feature Article

A special feature article was published in the Law Times newspaper, featuring an interview with Choi Sung-ho and Song Do-young, managing partners of Law firm Veat.

As a technology-focused boutique law firm founded by lawyers specializing in information technology (IT), the article highlights Law firm Veat’s strengths in the technology sector, celebrating its 10th anniversary in 2025. It focuses on the firm’s remarkable achievements in various areas, including regulatory sandbox consultations, legislative advisory services, personal information protection, investment & M&A, and more.

The article excerpt below; for the full article, please refer to the link.

Expanding M&A Area Beyond the Technology Industry
Actively Participating in Legislative & Regulatory Design Processes

 

Easily Explaining Complex Technology Data to the Court

 Veat's greatest strength lies in the expertise of lawyers who understand both legal and IT industry terminology. Choi Sung-ho (45, 42nd Judicial Research & Training Institute), managing partner and a graduate of Seoul National University's Computer Science Department, stated, “As an IT specialist, I can efficiently narrow down the key issues and reach results quickly in cases where complex technology is at the core.” He added, “In a cloud usage cost refund lawsuit representing a domestic IT company, we explained the network configuration and cloud infrastructure usage history – complex technical data – with a simplified presentation that the court easily understood, resulting in a complete victory.”

Currently, Law firm Veat comprises 17 Korean lawyers, 1 foreign lawyer, 1 consulting certified public accountant, and 4 advisors & specialist committee members. They hold a ‘VEAT Academy’ bi-weekly to share major precedents, legislative trends, and technology trends, enhancing their expertise. Song Do-young (45, 39th), managing partner, said, “Lawyers are both legal professionals and interpreters,” adding, “We strive not to miss domain knowledge by sharing terminology and knowledge gained through our individual work and seminars.”

 

Beyond Simple Consultation: Designing Policy

 Law firm Veat is deeply interested in promoting the technology industry and approaches the regulatory sandbox not just as legal consultation but from the perspective of ‘policy design’ and ‘market entry design.’ Song said, “We strive to have as many companies as possible benefit and enter the market, and we have worked together from coordinating with government ministries to formalizing systems.” He added, “Successful businesses supported by Law firm Veat’s regulatory sandbox consultations, such as mobile ID verification services, mobile electronic notice services, and taxi app meters, are actively used in everyday life, which is very rewarding.” He noted, “Data-driven legislation is only possible if the sandbox regulations demonstrate the actual demand and problems of technology through a process of empirical validation.”

Law firm Veat also actively participates in the government's legislative and regulatory design processes. Song said, “We participated in the drafting process of the Virtual Convergence Industry Promotion Act in August 2024,” adding, “Recently, we have also participated in the drafting committee for the Artificial Intelligence Basic Act’s subsidiary laws.” He stated, “Law firm Veat has a deep understanding of the perspectives and operational methods of regulatory and public institutions,” adding, "Private companies can proactively diagnose regulatory risks when launching new services and effectively negotiate with administrative agencies."

From Law firm Veat