by Xiner (Philippa) Hu, UNSW JD Student and ADC Intern
This article was first published in the LexisNexis ADRB, Issue 1, Volume 7 (November 2022).
As Korea’s economic success story “miracle on the Han River” spread, it has simultaneously developed into a global innovation leader in the tech industry. Both feats, in less than half a century. Its alternative dispute resolution (ADR) techniques were, and continue to be, effective in facilitating cross-jurisdictional trade and commercial growth. This discusses critical aspects of the processes and recent trends in arbitration in South Korea to identify its core features and potential development path.