Hokyun “Brad” Lim
P brad@decentlaw.ioBrad combines hands-on experience from COSMAX NBT, Korea Credit Information, and his own startup background to deliver practical advice in corporate and employment law.
- Corporate · Startups
- Labor · Employment Disputes
- Corporate & Biz
- Real Estate Disputes · Construction
- VC · Financial Advisory
- Cross-border · Dispute Resolution
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BlogsStartup M&A: Why It’s Back in Focus in 2026—and How to Use It Strategically
M&A is no longer a last resort. It has become a core strategy for accelerating growth. The global M&A market has clearly entered a recovery phase in 2026. As the pace of technological change continues to accelerate, companies are finding it increasingly difficult to keep up through internal development alone. As a result, acquiring critical technologies, data, and platforms through M&A has become a more prominent and practical strategy. This shift is especially visible in the startup ecosystem. Startup M&A as a Growth Strategy Today, many founders no longer view M&A as something to consider only when the company is struggling. Instead, it is increasingly used as a proactive tool to scale faster. Raising capital alone often has limits—whether in expanding market share, building in-house technology, or hiring top-tier talent. Acquiring a company with the capabilities you need can be a far more efficient solution. Common M&A approaches include: Horizontal Integration: Acquiring competitors or similar services to rapidly expand customer base and revenue (common in e-commerce, SaaS, and platform businesses) Acqui-hire: Acquiring teams with strong technical capabilities to secure both talent and intellectual property (frequent in AI, fintech, and legal tech) AI Roll-up Strategy: Acquiring underperforming companies and improving operational efficiency through AI (applicable across industries) In particular, industries such as healthcare, logistics, and legal tech—where data and automation are critical—are seeing a growing number of cases where larger SaaS companies acquire AI startups to enhance their product offerings. The Korean Market and Key Strategic Sectors In Korea, investment capital in 2026 is being concentrated in six key sectors: AI, biotech, content, defense, energy, and advanced manufacturing. Alongside this trend, founders are increasingly thinking beyond the traditional “fundraising → growth” model. Instead, a more strategic cycle is emerging: fundraising → strategic M&A → accelerated growth For startups operating with limited resources but facing intense competition, M&A can be one of the most powerful tools to quickly expand market presence and reshape the competitive landscape. When Should Your Company Consider M&A? For startups and growth-stage companies, there are several practical scenarios where M&A becomes highly relevant: Market Entry: When you need immediate access to local networks or infrastructure in a new market Technology Bottlenecks: When critical technology already exists externally but would take years to build in-house Team Building Challenges: When you want to onboard a proven, high-performing team at once Post-Investment Strategy: When you need to deploy capital efficiently after a major funding round However, M&A should never be pursued as an end in itself. A single transaction can impact shareholding structure, control, investor relations, tax, and employment matters. Without a clear post-merger integration (PMI) plan, even a well-executed deal may fail to deliver meaningful results. For Companies Considering M&A At Decent Law Firm, our Corporate Practice Group provides end-to-end legal support for startups, venture-backed companies, and SMEs throughout the entire M&A lifecycle. Our services include: Structuring and negotiating share purchase and asset transfer agreements Reviewing investment agreements and shareholder arrangements Conducting legal due diligence and transaction structuring Managing legal risks during post-merger integration (PMI) We approach M&A not as a one-time transaction, but as a continuous strategic process that directly impacts your company’s long-term growth. Ultimately, the key question is not whether to pursue M&A, but when and how to use it effectively. The right approach depends entirely on your company’s stage, resources, and strategic goals. If you are exploring whether M&A could be a viable growth strategy for your business, we encourage you to reach out. Our team will work closely with you to assess realistic options and design a tailored approach aligned with your objectives.
2026-04-27 -
Blogs
How Foreign Workers Can Receive Severance Pay and Strategic response
Can Foreign Workers Receive Severance Pay? Retirement benefits are governed by Article 8(1) of the Act on the Guarantee of Employees’ Retirement Benefits. The Supreme Court has held that foreign workers are equally subject to the provisions of the Labor Standards Act regarding severance pay and the Minimum Wage Act regarding wage guarantees (Supreme Court Decision 2006Da53627, Dec. 7, 2006). Therefore, foreign workers are entitled to severance pay under the same standards as Korean nationals if the following conditions are met: Continuous employment of at least one year Average weekly prescribed working hours of at least 15 hours over a four-week period Qualification as a “worker” under the Labor Standards Act Regardless of visa type—such as E-9 (non-professional employment), E-7 (specific activities), or F-series visas—if the individual worked under the direction and supervision of an employer, severance pay entitlement applies. Despite this, some employers argue that “foreigners are excluded” or “fixed-term contract workers are not entitled.” In most cases, such claims lack legal basis. Severance pay for foreign workers is not optional; it is a mandatory statutory right that cannot be arbitrarily excluded. Common Disputes Involving Foreign Workers’ Severance Pay In practice, the following dispute types frequently arise: 1. Non-payment after departure from Korea A worker’s departure from Korea does not eliminate the employer’s obligation to pay severance. Under Article 9(1) of the Act on the Guarantee of Employees’ Retirement Benefits, an employer must pay severance within 14 days from the date the cause for payment arises. Violation may result in criminal penalties (Article 44(1)). 2. Settlement disputes involving E-9 workers under the Employment Permit System Some employers claim that payment through the “departure guarantee insurance” (mandatory departure insurance) constitutes full settlement. However, merely asserting that the matter was settled through departure insurance does not extinguish the severance obligation. The actual insurance payout must be compared with the statutory severance calculation to determine whether any shortfall exists. 3. Disputes over disguised subcontracting or freelancer status Some employers deny worker status based on the absence of social insurance enrollment. In such cases, worker status is determined based on substance over form, considering factors such as supervision and control, working structure, and wage payment methods. These issues should not be treated lightly. Delayed 대응 may make recovery of rights significantly more difficult. Legal Procedures When Severance Pay Is Unpaid If severance pay is not paid, the following steps may be taken: Filing a complaint with the Ministry of Employment and Labor Determination of unpaid wages Applying for a payment order or filing a civil lawsuit Simultaneously filing a criminal complaint, if appropriate Employers must pay severance within 14 days of the occurrence of the payment obligation (Article 9(1)). Failure to do so is punishable by up to three years of imprisonment or a fine of up to KRW 30 million (Article 44(1)). For workers planning to leave Korea, it is particularly important to secure evidence and file a complaint before departure. Missing the appropriate timing may significantly hinder actual recovery. For those facing unpaid severance as foreign workers, understanding these procedures can provide meaningful practical assistance.
2026-02-19 -
Blogs
Attorney Accompaniment to Police Investigation — Not Mere Presence, but Strategy
The Police Stage Is Not “Procedure Confirmation,” but “Evidence Production” Receiving a summons means the case has entered, or is about to enter, the investigative stage. It may still be at the preliminary inquiry phase before formal booking, or you may be questioned as a suspect or witness. What remains from this stage are written statements, submitted materials, and the context of questions and answers. Initial statements are directly linked to the prosecutor’s decision on referral and disposition. Once a statement is recorded, it becomes the standard for credibility assessment — “Didn’t you say that at the time?” — and later retractions are rarely persuasive. The Criminal Procedure Act explicitly guarantees a suspect’s right to remain silent (Article 244-3(1)1) and the right to assistance of counsel (Article 243-2). Investigative authorities must inform the suspect of these rights prior to questioning. However, in actual investigations, it can be difficult to determine when and how to exercise these rights. Under psychological pressure, individuals often hesitate. This is where attorney accompaniment to a police investigation becomes critical. The outcome can change depending on how far you answer, how you phrase uncertain memories, and how you respond to disadvantageous questions. Attorney Accompaniment Is Not “Attendance,” but “Statement Design” Attorney accompaniment is not merely sitting beside you in the same room. It is about reading the issues, organizing the facts, and preventing dangerous wording from entering the record. In practice, the difference appears in three stages: Pre-investigation preparation Reviewing the complaint, evidence flow, and key issues Structuring the framework of responses Preventing unnecessary admissions, exaggerated explanations, or statements that inadvertently expand liability Assistance during questioning Objecting to improper leading questions or repetitive pressure that infringes upon the suspect’s rights Ensuring that the written statement accurately reflects the intended meaning Requesting corrections where necessary Post-investigation strategy Organizing additional submissions Drafting written opinions Designing restitution and settlement strategies Even with identical facts, well-structured early 대응 can secure a more favorable position at the crossroads between non-referral, non-indictment, and formal prosecution. Ultimately, attorney accompaniment is not about “getting through questioning smoothly,” but about preventing the investigative frame from being fixed against you. “Won’t Bringing a Lawyer Make Me Look More Suspicious?” This is the most common question. The answer is clear. A lawyer’s participation in suspect questioning is a statutory right under Article 243-2 of the Criminal Procedure Act and a concrete implementation of the constitutional right to counsel under Article 12(4) of the Constitution. Investigative authorities may not restrict a lawyer’s participation without just cause, nor may they impose disadvantageous treatment solely because counsel was present (see Supreme Court Decision 2003Mo402, Nov. 11, 2003). The issue is not attorney accompaniment. The real risk is attending without preparation. Emotional reactions, speculative statements presented as facts, or minimizing/exaggerating circumstances can bind you later. The mere fact that “it is recorded in the statement” can undermine the entire defense structure. Decent Law Firm’s Approach to Police Investigation Accompaniment The Criminal Defense Team at Decent Law Firm approaches police-stage cases with precision, aiming to maximize the possibility of favorable closure. Our system includes: Case-type specific issue analysis Statement rehearsal and wording review On-site accompaniment and statement verification Post-investigation closure strategy Criminal cases do not begin at trial. In many instances, the direction is determined at the first police interview. If you have received a summons, it is safer to review your initial statements with professional assistance rather than facing the process alone. Attorney accompaniment to a police investigation is not optional — it is a practical defense tool to protect your rights within the criminal procedure. Before it is too late, consult directly with a professional and establish your strategy.
2026-02-12
