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Stark Income Inequality Among South Korea’s Professional Classes

Stark Income Inequality Among South Korea’s Professional Classes

SEJONG, Oct. 8 (Korea Bizwire) – A recent analysis of tax data has revealed significant income disparities within South Korea’s professional sectors, with lawyers and accountants showing particularly pronounced inequality.  According to a report released on October 7 by Park Sung-hoon, a lawmaker from the People Power Party, the top 10% of earners in these professions accounted [...]

Of 117 Pre-judicial Officers Admitted to the Bar, Only 43 pct Employed

Of 117 Pre-judicial Officers Admitted to the Bar, Only 43 pct Employed

SEOUL, Jan. 15 (Korea Bizwire) — The Judicial Research & Training Institute held a completion ceremony on Monday with 117 pre-judicial officers. More than half of the 117 graduates of the institute have yet to decide their career. These pre-judicial officers can choose between lawyer, prosecutor, court trial researcher, and public sector worker. Only 43 [...]

Lawyer Files Constitutional Appeal Arguing “Too Many Lawyers”

Lawyer Files Constitutional Appeal Arguing “Too Many Lawyers”

SEOUL, Dec. 28 (Korea Bizwire) – A 59-year-old lawyer named Hwang Yong-hwan said Wednesday that he filed a constitutional appeal claiming that appointing 1,500 lawyers every year is threatening the livelihood of existing lawyers.  “The sixth bar exam (for lawyers), scheduled for next year, will admit some 1,500 new lawyers, the same as before, and [...]

Could Artificial Intelligence Replace the Role of a Judge?

Could Artificial Intelligence Replace the Role of a Judge?

SEOUL, Oct. 18 (Korea Bizwire) – “No” and “it shouldn’t” were the answers by global scholars on artificial intelligence during Monday’s press conference for the 2016 International Judicial Symposium.  The press conference featured Oren Etzioni, Director of the Allen Institute for Artificial Intelligence, and Roman Yampolskiy, Director of the Cyber-Security Lab at University of Louisville, [...]

222 Indicted over Unlawful Legal Service to Personal Bailout Applicants

222 Indicted over Unlawful Legal Service to Personal Bailout Applicants

SEOUL, July 6 (Korea Bizwire) – Prosecutors on Wednesday said some hundreds of people, including scores of brokers and lawyers, have been indicted on charges of providing unlawful legal service to people applying for personal bailout programs.  The Seoul Central District Prosecutors’ Office said it arrested 225 suspects — including 181 brokers and 41 lawyers [...]

Judge-Turned-Lawyer Arrested in Influence-Peddling Scandal

Judge-Turned-Lawyer Arrested in Influence-Peddling Scandal

SEOUL, May 13 (Korea Bizwire) – Prosecutors formally arrested a judge-turned-lawyer accused of accepting billions of won from clients in exchange for promises to use her connections and influence over courts to help them win lighter sentences. The Seoul Central District Court issued the arrest warrant for lawyer Choi You-jeong Thursday night over suspicions that [...]

Prosecutors Investigate ‘Realtor’ Lawyers

Prosecutors Investigate ‘Realtor’ Lawyers

SEOUL, April 6 (Korea Bizwire) – Korean prosecutors have launched an investigation into lawyers who have stepped into the real estate business.  It seems like the second round has started in the battle between lawyers and realtors over a market worth two trillion won. The Seoul Central District Prosecutor’s Office announced that it had assigned the ‘Trust [...]