Seung Cheol LEE

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Mr. Seung Cheol LEE is a senior advisor at DR & AJU LLC. His practice is primarily focused on Legislative Strategy, and Corporate.
Mr. Lee stacked up expert know-how while gaining experience both direct and indirect on owner corporate succession during his 28 years at the Federation of Korean Industries. Family business succession in Korea is still mostly situated on the level of succession of wealth. He provides a total solution for family business succession that operates on its true meaning, which includes not only succession of wealth but also design of governance strucutres, education of the successor and his or her family, mid to long term business strategies, and fostering management for successors. During his tenure at the Federation of Korean Industries, he gained the most experience out of anyone in Korea regarding corporate legislation. He provides ways for corporations to reflect their interests in the legislative process and helps corporations pay attention to National Assembly legislation, of which the number of legislative revisions reach 2000 annually. In addition, he possesses unique ideas regarding corporate investment advice that he accumulated at the Federation of Korean Industries while participating in and solving difficulties regarding corporate investment activity. Based on such experience, he provides excellent solutions to business plans involving corporate investment, business difficulties, and discovering partners. During his tenure at the Federation of Korean Industries, he created a North Korean economy master plan. He will provide the most effective solutions to corporate concerns regarding the imminent investment in North Korea, from discovering promising investment sites and securing investment stability, to investment meetings and negligence remittance.

Profile

      • DR & AJU LLC (2018-Present)
      • Non-Executive Director, KG Chemical (2019-Present)
      • Professor, Freedom and Creativity Education Center (2014)
      • Director, Community Chest of Korea (2013-2017)
      • Director, Korea Economic Research Institute (2013-2017)
      • Director, Korea-U.S. Economic Council, Inc. (2013-2017)
      • Director, The Academy of Korean Studies (2015-2016)
      • President, International Management Institute (IMI) (2013-2017)
      • Vice-Chairman, Federation of the Korean Industries (2013-2017)
      • Vice President, Association of Korea-USA Friendship Alliance (2013-2017)
      • Director, Korea Foreign School (2013-2017)
      • Director, Korea Mecenat Association (2013-2017)
      • Director, The Center for Free Enterprise (2013-2017)
      • Director, Right and Inclusion Korea (2013-2016)
      • Director, Korea Medical Assistance Foundation (2013-2016)
      • Director, Korea Sooseok Cultural Foundation (2013-2016)
      • Director, Korea Foundation for International Cultural Exchange (2013-2016)
      • Honorary Unification Education Instructor, Ministry of Unification (2013)
      • Auditor/Director, Korea Business Bank (2011-2017)
      • Advisor, Hope Bridge (2011-2016)
      • Director, Fair Competition Federation (2008-2016)
      • Director, Korea Polytechnic University (2008-2016)
      • Director, Gyeonggi University of Science and Technology (2008-2016)
      • Non-Executive Director, Korea Consumer Agency (2008-2010)
      • Non-Executive Director, Korea Consumer Agency (2008)
      • Director, Korea Society for Regulatory Studies (2008)
      • Chairman, Foundation for Small and Medium Business Cooperation (2008-2017)
      • Non-Executive Director, National Pension Service (2007-2017)
      • Executive Director, Federation of the Korean Industries (2007-2013)
      • Visiting Professor, Sungkyunkwan University (2006-2007)
      • Honorary Lecturer in Business, Yonsei University (2006)
      • Director, Korea Society for Regulatory Studies (2004-Present)
      • Non-Executive Director, National Pension Service (2003)
      • Director, Chief of Economic Investigation Division, Federation of the Korean Industries (2003-2007)
      • Auditor, Korea Audit Bureau of Certification (2002-2007)
      • Vice President, Korea Electronic Payment Industry Association (2002-2003)
      • Lecturer in Economics, Sookmyung Women's University (2002)
      • Director, Korea Venture Investment Corporation (2001-2002)
      • Chief Planner, Chief of Knowledge Economy Center, Federation of the Korean Industries (1999-2003)
      • Visiting Researcher, Hoover Institution, Stanford University (1997-1998)
      • Lecturer in Law, Hanyang University (1996)
      • Lead Researcher, Korea Economic Research Institute (1990-1999)
      • Lecturer in Economics, Korea University (1989-1990)
      • Lecturer in Economics, Ohio State University (1985-1989)
      • Teaching Assistant in Economics, Ohio State University (1984-1985)
      • Research Assistant in Economics, Ohio State University (1983-1984)
      • Ohio State University (PhD in Industrial Organization, 1989)
      • Ohio State University (MA in Economics, 1985)
      • Korea University (BA in Economics, 1983)
      • Kyunggi High School (1978)
      • Korean
      • English

Representative Activities

      • Member, Future Development Committee of the Supreme Prosecutors' Office (2016)
      • Member, Trade Negotiation Private Advisory Committee of the Ministry of Trade, Industry and Energy (2016)
      • Member, Supreme Court Judicial Training Institute Steering Committee (2015)
      • Member, Financial Services Commission Financial Reform Conference (2015-2016)
      • Member, National Police University Development Advisory Committee (2015)
      • Member, Public-Private Joint Manufacturing Innovation Committee of the Ministry of Trade, Industry and Energy (2014-2015)
      • Co-leader, Public-Private Joint Creative Economy Promotion of the Ministry of Science and ICT (2014-2016)
      • Member, Korea-Russia Coordination Commitee (2013-2017)
      • Member, Standing Committee of the Labor-Management Committee (2013-2017)
      • Member, Council of Economic Organizations (2013-2017)
      • Member, The Korea Gallery International Art Fair (2013-2017)
      • Member, Tax Development Deliberation Committee of the Ministry of Finance and Economy (2013-2016)
      • Member, Customs Administration Development Deliberation Committee (2013-2016)
      • Advisory Member, Foreign Economic Policy Research Institute (2013-2016)
      • Member, Steering Committee of the Judicial Research and Training Institute of the Supreme Court of Korea (2012-2016)
      • Member, Presidential Office Policy Promotion Advisory Committee (2008-2009)
      • Member, YTN Viewers' Committee (2008-2012)
      • Member, Gyeonggi-do Advancement Committee (2007)
      • Member, KBS Viewers' Committee (2007-2008)
      • Member, Economic Policy Advisory Committee of the Korea Fair Trade Commission (2007-2011)
      • Member, National Pension Fund Management Committee of the Ministry of Health and Welfare (2007-2009)
      • Member, Financial Committee of the National Health Insurance Corporation of the Ministry of Health and Welfare (2006-2008)
      • Member, Self-Evaluation Committee of the Fair Trade Commission (2006-2008)
      • Member, EBS Viewers' Committee (2006-2007)
      • Member, Policy Party Advisory Committee of the National Election Commission (2006)
      • Member, Policy Research Service Review Committee, Ministry of Trade, Industry and Energy (2006)
      • Member, Regulatory Reform Promotion Committee, Ministry of Finance and Economy (2005)
      • Member, Corporate Law Amendment Special Committee Legal Advisory Committee Ministry of Justice (2005)
      • Member, Open Taxes Promotion Council, National Tax Service (2005)
      • Member, Special Committee on Tax Reform of the Government Innovation Decentralization Committee (2005)
      • Member, Investment Attraction Advisory Committee of Incheon Free Economic Zone Authority (2005)
      • Member, Political Reform Council of the National Assembly (2005)
      • Member, Science and Technology-centered Social Promotion Committee (2004)
      • Advisory Member, Autonomous Administrative Audit Advisory Committee of The Board of Audit and Inspection of Korea (2004)
      • Member, Financial Regulatory Supervision Improvement TF of the Ministry of Finance and Economy (2004)
      • Member, Social Subcommittee of the Economic, Social and Labor Council (2003)
      • Member, Special Type of Workers' Committee of the Economic, Social and Labor Council (2003)
      • Member, Science and Technology-Centered Social Planning Committee of the Ministry of Science and ICT (2003)
      • Member, Minimum Wage Committee (2003)
      • Member, Tax Innovation Promotion Committee of the National Tax Service (2003)
      • Member, National Pension Review Committee of the Ministry of Health and Welfare (2003-2005)
      • Member, National Pension Review Committee of the National Pension Service (2003-2005)
      • Member, Rate Cap Review Committee of the Ministry of Trade, Industry and Energy (1999, 2002)
      • Economic Policy Advisor, Competition Policy Advisory Committee of the Fair Trade Commission (1997-1999)
      • Member, Civil Judicial Cooperation Promotion Committee of the Court Administration Office (1997)
      • Member, Deregulation Planning Committee of the New Korea Party (1996-1997)
      • Advisory Member, Performance Audit Advisory Committee of The Board of Audit and Inspection of Korea (1995)
      • Member, Joint Administrative Regulations Council of the Ministry of Government Administration (1994)
      • Expert Member, Administrative Reform Committee (1993-1996)
      • Member, The 5th New Year's Plan Division of the Economic Planning Board (1993)
      • Advisory Member, Policy Evaluation in the Administrative Regulation Sector of the Office for Government Policy Coordination (1992-1993)
      • General Secretary, Private Advisory Committee on Administrative Regulation of the Office for Government Policy Coordination (1991-1992)
  • Publications
      • <Theses>
      • “Opportunism Vertical Integration and Exclusive Dealing Contracts in Cooperative Organization” PhD Dissertation (The Ohio State University, 1989)
      • “Measures for Development of Investment Regulation System” (7th 5-Year Fair Trade Sector Plan Policy Council, 1990)
      • “Price Regulation of Industrial Products” (Economic Democratization and Government Regulation Korea Economic Research Institute, 1991)
      • “Economic Analysis of Exclusive Conditional Transactions” (Fair-Trade Commission, 1991)
      • “Motives and Effects of Restriction of Sales Areas” (The Korean Economic Research Institute, Korea Economic Research Institute, 1991)
      • “Background and Basic Direction of Proposal on Administrative Deregulation” (Proposal on Administrative Deregulation Private Advisory Committee on Administrative Deregulation, 1992)
      • “The Motivation of Exclusive Conditional Transactions and Competition Policy” (Industrial Organization Study Korean Society of Industrial Organizations, 1992)
      • “A Study on Market Failure as a Basis for Government Regulation” (Korean Public Administration Research Institute for Public Administration, 1992)
      • “Asymmetric Information and Deregulation” (Deregulation Administrative Regulatory Research Center, 1992)
      • “Competitive Obstacles in the Toy Industry and Deregulation Measures” (Deregulation Korea Economic Research Institute Regulatory Research Center, 1993)
      • "Deregulation Policy in Korea" (Paper presented in International Conference on Privatization and Deregulation, 1994)
      • "The Results and Future Course of Antitrust Policy in Korea" (Paper presented in International Conference on The Role of the Three Branches of Government for the Rule of Law and the Free Market in Korea, 1995)
      • "The Results and Future Course of Deregulation Policy in Korea" (Paper presented in International Seminar on Reinventing Government: Asia Style II, The Asia Foundation, 1995)
      • “Economic Analysis of Fair-Trade Act” (Economics of Korean Law Korea Economic Research Institute, 1997)
      • “A Study on Private Enforcement of the Fair-Trade Act” (Law and Economics Korea Economic Research Institute, 1997)
      • “Economic Analysis of Franchise Contracts and Competition Policies” (Korea Economic Research Institute, 1997)
      • <Books>
      • 『Demand Structure Analysis and Economic Prospects of the Domestic Automobile Industry』 (Korea Investment Trust Economic Research Institute, 1990)
      • 『Competitive Policy of Unfair Trade Act』 (Korea Economic Research Institute, 1992)
      • 『Problems and Improvement Methods of Government Regulations -Focused on Investigation of Entrepreneurs Awareness of Government Regulations』 (Co-author, Civil Research Center for Administrative Regulations, 1992)
      • 『Direction and Tasks of Deregulation』 (Korea Economic Research Institute Regulatory Research Center, 1993)
      • 『Price Regulation in Korea』 (Co-author, Korea Economic Research Institute Regulatory Research Center, 1994)
      • 『Privatization and Deregulation』 (Co-editor, Korea Economic Research Institute Regulatory Research Center, 1994)
      • 『Privatization and Deregulation - The International Experience and Korea's approach』- (co-editor) Korea Economic Research Institute, 1994)
      • 『Critique of Policy Regulation』 (Co-author, Regulatory Research Center, Korea Economic Research Institute, 1994)
      • 『Deregulation Policy Evaluation』 (Co-author, Korea Economic Research Institute Regulatory Research Center, 1995)
      • 『Let's Fix the Economic Laws Like This』 (Co-author, Regulatory Research Center, Korea Economic Research Institute, 1997)
      • 『Economic Analysis of Insider Transactions and Competition Policy』 (Korea Economic Research Institute Regulatory Research Center, 1999)
      • 『New Round Response Strategies in the Service Industry』 (Korea Economic Research Institute Regulatory Research Center, 1999)
      • 『Fair Trade Economics』 (Regulatory Research Center, Korea Economic Research Institute, 1999)
      • 『Digital Economics』 (National Federation of Entrepreneurs, 2001)
      • Alumni Award, Seoul National University Graduate School of Public Health (2012)
      • Red Stripes Order of Service Merit for Prosecution Service (2003)
      • Presidential Citation for Drug Investigation (1992)
      • Prosecutor General Citation (1986)

Practice Areas

Professionals