Logo of the legal platform 'Lotoc'. <br>[Photo by Ro&Company]

Logo of the legal platform 'Lotoc'.
[Photo by Ro&Company]

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[Asia Economy Reporter Lee Junhyung] Law platform operator Law&Company announced on the 10th that it has reported the Korean Bar Association to the Fair Trade Commission for violations of the Fair Trade Act and the Act on Labeling and Advertising.


Law&Company holds the position that the Bar Association's internal regulations and revisions to the Code of Ethics constitute prohibited acts by business associations under the Fair Trade Act, as well as restricted acts of labeling and advertising by business associations under the Act on Labeling and Advertising.


Previously, the Bar Association amended the 'Regulations on Lawyer Advertising' and the 'Code of Ethics for Lawyers' consecutively last month. According to the amendments, the Bar Association can discipline affiliated lawyers registered on legal platforms. In response, Law&Company submitted a constitutional appeal petition regarding the amended advertising regulations together with 60 lawyers at the end of last month.



Kim Bonhwan, CEO of Law&Company, stated, "Due to the Bar Association's unfair actions, lawyer members active on Lotok are being forced to withdraw," adding, "Young and novice lawyers, who relatively lack business foundations and personal networks, are even facing threats to their business operations and survival." CEO Kim added, "We hope that the Fair Trade Commission's fair and impartial judgment will resolve information asymmetry, improve access to legal services, and allow us to continue corporate activities for market innovation."


This content was produced with the assistance of AI translation services.

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