Korea: Too Many Law Graduates Not Enough Jobs

A not unfamiliar cry in any jurisdiction at the moment… but Korean graduates are doing it tough .

Maybe liberalization will free up some positions at international firms for young locals

Law.com’s international law news page reports…

In Korea, the expansion of the profession has aoutpaced the creation of legal jobs.

An official at the Korean Bar Association who spoke anonymously to the Chosun Ilbo cast the situation in dire terms: “We are seeing the beginning of a crisis for lawyers as jobs become tougher to find and work more scarce. Only the fittest lawyers who have survived cut-throat competition will remain standing in the end.”

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