The Big Themes in Arbitration in 2022
Listen to Chambers Expert Focus podcast discussing the key themes and trends in the practice area of Arbitration.
Defining stories in international arbitration
Arbitration heavyweight Gary Born spoke with Chambers to discuss the defining stories in international arbitration last year and how they will evolve in 2022.
From the law firm WilmerHale, Gary Born leads the conversation and debate on how the global pandemic has ushered in virtual hearings and brings improvements for the long haul. In this legal podcast episode, Gary and Chambers Head of Product Content and Media, Antony Cooke discuss how the rule of law is being upheld in the European Union, Dubai's abrupt closure of its DIFC-LCIA Arbitration Centre, and the unprecedented rise of arbitration as a lower risk means of resolving disputes.
Gary Born shares his thoughts on the effects of the pandemic and states:
"I think in a in a sort of an unexpected way, the uncertainties of the pandemic may enhance that desire for a secure and predictable means of dispute resolution, and a in a jurisdiction that has a commitment to long-term stability and legal security.
The good news is that if I'm sounding a little dark and depressing at the beginning of the year, the caseloads at many institutions, especially the established institutions, have never been stronger."
He also shared his thoughts on how businesses have adapted to the new ways of working whilst working across arbitration:
"Business has continued has flourished hence disputes have flourished and parties have turned increasingly to international arbitration to resolve those disputes, in part because arbitration has proved to be nimbler than national courts."