Lawyers have welcomed the coming into force of the Arbitration Act 2025, which simplifies procedures and speeds up arbitrators’ powers to dismiss weak cases
The legislation, which took effect on 1 August, ‘reinforces London as a leading hub’ for international arbitration, said John Olatunji, associate at Charles Russell Speechlys.
‘The amendments set out under the 2025 Act supplement the framework for the arbitral process in England and Wales with provisions that strengthen it—for example, through the codification of the tribunal’s duties of disclosure—and aid speed and efficiency, for example, by introducing the ability to seek summary determination and to appoint emergency arbitrators.’
Justice minister Sarah Sackman KC said lawyers in England and Wales handle at least 5,000 domestic and international arbitrations each year, contributing £2.5bn in fees alone.
