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NLJ this week: The increasing attractiveness of arbitration

11 November 2022
Issue: 8002 / Categories: Legal News , Arbitration , ADR , Financial services litigation , Profession
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With the war in Ukraine ongoing and the after-effects of the pandemic ‘only slowly subsiding, global markets are in turmoil’, writes Cadwalader special counsel Simon Walsh, in this week’s NLJ. And what always increases during times of turmoil? Disputes.

Walsh looks at the growing trend towards the use of arbitration for financial disputes, and the factors driving this. He highlights the attractions of the courts as well as the motivations for choosing arbitration, and notes some of the circumstances in which parties may choose the latter. For example, where counterparties are sovereign states, or where they are located in emerging markets.

Moreover, Walsh considers the impact of Brexit, which is ‘also playing a part in the increasing adoption of arbitration’.

See the full article here.

MOVERS & SHAKERS

Muckle LLP—Rachael Chapman

Muckle LLP—Rachael Chapman

Sports, education and charities practice welcomes senior associate

Ellisons—Carla Jones

Ellisons—Carla Jones

Partner and head of commercial litigation joins in Chelmsford

Freeths—Louise Mahon

Freeths—Louise Mahon

Firm strengthens Glasgow corporate practice with partner hire

NEWS
One in five in-house lawyers suffer ‘high’ or ‘severe’ work-related stress, according to a report by global legal body, the Association of Corporate Counsel (ACC)
The Legal Ombudsman’s (LeO’s) plea for a budget increase has been rejected by the Law Society and accepted only ‘with reluctance’ by conveyancers
Overcrowded prisons, mental health hospitals and immigration centres are failing to meet international and domestic human rights standards, the National Preventive Mechanism (NPM) has warned
Two speedier and more streamlined qualification routes have been launched for probate and conveyancing professionals
Workplace stress was a contributing factor in almost one in eight cases before the employment tribunal last year, indicating its endemic grip on the UK workplace
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