If you read the press – or at least the law firm marketing materials that land on the desks of corporate in-house counsel – arbitration is in a full growth mode. In 2006, a major accounting firm even issued a purported study of international business and concluded that companies increasingly rely on arbitration as the preferred method of dispute resolution for their international contracts. But the old saw about not believing everything you read applies to international arbitration. These happy reports stand in stark contrast to the frustration being voiced – both in corporate hallways and at conferences – that arbitration has become a slow, cumbersome procedure obsessed with due process at the expense of the efficiency and clarity of the parties’ rights.
An increasing number of clients are turning to arbitration as the benefits of confidential proceedings which are tailored to suit the parties outweigh other forms of dispute resolution. Providing expert witnesses is a critical stage of the process which can be the decisive factor in the outcome of the hearing. The growing popularity of the use of expert witnesses in arbitration hearings is reflected in our research. We have included 103 outstanding specialists in this edition, an increase of 14 from last year.
This edition identifies 624 arbitrators and counsel from 84 countries around the world, our broadest geographical spread to date. Each nominee stands out for the high number of recommendations they received from the clients, peers and expert witnesses we canvassed and are the outstanding practitioners in the field.
The financial crisis has forced many clients to pursue only those disputes which are critical to their business. These crucial hearings often involve economic, financial or accountancy issues which require the knowledge of an independent and dedicated expert witness and this testimony can be the critical decisive factor which prompts a settlement or decides the outcome of a hearing. The following outstanding individuals have proven technical expertise and credibility in their chosen fields as well as years of experience providing vital oral testimony in domestic and international arbitrations. We have included 89 outstanding specialists in this edition.
This edition identifies 573 outstanding arbitration practitioners from 74 countries around the world. Each stands out for the high number of recommendations they received from the clients, peers and expert witnesses and should be considered the pre-eminent counsels and arbitrators in the field.
Our research identifies 568 outstanding arbitration practitioners from 77 countries. Each received high levels of recommendation from the clients, peers and expert witnesses we canvassed around the world, and they are considered to be pre-eminent as both counsel and arbitrator.
Who’s Who Legal identifies the leading expert witnesses in the field of commercial arbitration. The response to our research was very positive, allowing us to expand our list from 59 experts to 82. Not only do these individuals have an outstanding depth of knowledge in their area of expertise, whether it be financial valuation, accountancy or construction, but they are also recognised for their skill in giving expert oral evidence in commercial arbitrations, encompassing examination in chief, cross-examination and, increasingly, witness conferencing.
We have spent months researching the global commercial arbitration legal marketplace and have selected the 531 arbitrators and counsel recommended to us. All who are listed here who can be considered pre-eminent in the field and are well respected by clients, corporate counsel and peers. For the first time, we also include expert witnesses in our survey and these are acknowledged leaders in fields such as forensic accountancy, construction and economics. We have selected 59 individuals who specialise in commercial arbitration proceedings.
Our research across the CIS countries has identified 41 leading lawyers in this sector.
This edition of The International Who’s Who of Commercial Arbitration identifies more experts in the field than ever before. This year we have selected 535 individuals from 66 countries, underlining the ever-increasing depth and geographical breadth of expertise in this sector.
Arbitration continues to be a much favoured method for dispute resolution, particularly for international disputes and for those in industries such as construction.
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Nominees have been selected based upon comprehensive, independent survey work with both general counsel and private practice lawyers worldwide. Only specialists who have met independent international research criteria are listed.