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In the New Law Journal, Barry Fletcher, Head of the Dispute Resolution Group and Head of Arbitration at LexisNexis® UK, reflects on some of the current challenges for international commercial arbitration in London and beyond, in light of May’s inaugural London International Disputes Week (LIDW).
Drawing on some of the event’s key themes, the article sets out to demonstrate that while London arbitration faces some particular challenges to its continued success, the most significant issues facing this form of dispute resolution are not exclusive to London or, indeed, any single seat of arbitration.
In addition to considering recent arbitration caseload data,the piece ‘kicks the tyres’, as Judith Gill QC of Twenty Essex suggested during the event‘s flagship conference, reflecting on perceptions of a ‘London approach’ to arbitration, the impact of Brexit on London as a seat, and competition from other arbitral centres. Looking more broadly, Barry identifies the rise of international commercial courts, costs and duration concerns, data protection, cybersecurity, diversity and lack of guidance on types of disputes as important challenges for international arbitration globally.
The article can be read in a special
digital edition of the New Law Journal and on LexisLibrary.
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