SEJONG, Oct. 30 (Korea Bizwire) – A recent study has shed light on the substantial income growth within the field of medicine, often perceived as a high-paying profession. In the past seven years, physician income has surged at an impressive rate, outpacing other leading professions, such as lawyers. Compared to lawyers, who are traditionally considered to [...]
SEOUL, Feb. 23 (Korea Bizwire) – South Korea’s antitrust regulator said Thursday it has decided to fine two bar associations 2 billion won (US$1.53 million) each for restricting their members from joining LawTalk, a platform that connects users and attorneys. The move came as the Korean Bar Association and the Seoul Bar Association ordered their [...]
SEOUL, Oct. 10 (Korea Bizwire) — Disputes between lawyers and clients over legal fees are growing amid a slump in the legal services market and stiffer competition among lawyers. According to industry sources, the practice of paying lawyers a deposit for their fees is shifting from paying in a lump sum to paying in installments [...]
SEOUL, June 30 (Korea Bizwire) — A recent survey has revealed that half of lawyers have experienced life-threatening situations due to their profession. According to a survey conducted by the Korean Bar Association of 1,205 member lawyers, 48 percent of the respondents said that they had been threatened by the other party or related organizations [...]
SEOUL, March 3 (Korea Bizwire) — The Korean Bar Association (KBA) launched the operation of its own legal counseling platform after conflict with the private legal counseling application LawTalk. The KBA and the Seoul Bar Association announced on Wednesday that their lawyer information center ‘My Lawyer’ launched a beta service on Feb. 28 and will [...]
SEOUL, May 20 (Korea Bizwire) — Judicial groups and legal platforms are edging towards an all-out dispute. The Korean Bar Association (KBA) held a board meeting early this month, deciding to ban lawyers from joining promotion platforms starting in August. Those who violate the decision will be penalized. LawTalk, South Korea’s leading promotion platform for [...]
SEOUL, Jan. 6 (Korea Bizwire) – The government plans to hire lawyers who will prevent further losses to those who have been subjected to excessive bond collection by lenders or illegal private lenders. Financial authorities said Sunday that they plan to start a project to support the appointment of lawyers and legal counsels as early [...]
SEOUL, Nov. 14 (Korea Bizwire) — The government’s plan to turn three categories of elite high schools into general ones in 2025 is being met by fierce opposition. Among those opposed, groups of lawyers who graduated from the said elite high schools have vowed to take legal action. Kim Yun-sang, a lawyer and a former [...]
SEOUL, Sept. 9 (Korea Bizwire) — Tax accountants have been increasingly opposed to a recent revision of the tax law which allows lawyers to work as tax agents, ever since the legislation was announced. The revision bill calls for permitting all tax agency work if a lawyer who obtained a lawyer’s license between 2004 and 2017 [...]
SEOUL, Nov. 13 (Korea Bizwire) — Lawyers representing forced labor victims who won a case at Korea’s Supreme Court for their past misery paid a visit to the head office of Nippon Steel & Sumitomo Metal Corp. (NSSM), the Japanese company that was ordered to pay damages, in Tokyo, Japan only to have the door [...]