header-logo header-logo

24 February 2023
Issue: 8014 / Categories: Legal News , Diversity , Arbitration , Profession
printer mail-detail

NLJ this week: Diversity optimises outcomes at the International Court of Arbitration

112059
Greater diversity among arbitration professionals leads to better outcomes in arbitration proceedings, according to research.

Writing in this week’s NLJ, Alexander G Fessas, Secretary General of the International Chamber of Commerce (ICC) International Court of Arbitration, explains why this is the case and outlines the range of innovative diversity policies implemented by the ICC.

Fessas asserts there is much still to do on improving diversity, for example, only 73 of the 1,525 sitting arbitrators are nationals of African countries while the vast majority were European and North and South American nationals—a disparity Fessas hopes to address. As he writes, the 100th anniversary of the ICC Court this year ‘offers an excellent opportunity for further action’. 

Read more here.

MOVERS & SHAKERS

Signature Litigation—Catherine Naylor

Signature Litigation—Catherine Naylor

International fraud and asset recovery offering boosted by partner hire

Stevens & Bolton—Alexa Payet

Stevens & Bolton—Alexa Payet

Private wealth disputes team adds contentious probate specialist

Morgan Lewis—Paul Feldberg

Morgan Lewis—Paul Feldberg

Firm strengthens investigations and sanctions capabilities with London partner hire

NEWS
Cheshire West, which established an ‘acid test’ for deprivation of liberty safeguards, has been overturned by the Supreme Court
The Chancery Division and other segments of the High Court are to be replaced by a new Business and Property Division (BPD), in a major civil justice shakeup
Law firms that hold client money will need to file annual accountants’ reports and make a declaration, the Solicitors Regulation Authority (SRA) confirmed this week
Two district judges and a tribunal judge have been sanctioned for delays in delivering judgments and orders
Private equity (PE) investment into UK law firms halved to £250m last year, but deal volume rose, according to research by Acquira Professional Services’ Momentum private equity market tracker
back-to-top-scroll