Alexander Uff, Barrister at Quadrant Chambers moderates our fantastic panel which included Abhijit Mukhopadhyay, President (Legal) & General Counsel of Hinduja Group, Mark Beeley, Partner at Orrick, Herrington & Sutcliffe and Nathalie Allen, Legal Director at Addleshaw Goddard. The panel address whether international arbitration is fit for purpose by considering a number of questions:
- Where does arbitration fit into client dispute resolution strategies? What are the biggest issues facing clients and what do they want from arbitration?
- What is the wider purpose of arbitration and what are the drivers for stakeholders? Does arbitration in its current form answer client needs?
- Are we seeing an end to a one size fits all approach?
- Is due process the same for every dispute? Should expectations change? Are there too many rules and too much fragmentation? What future trends are we likely to see?
- Is arbitration diverse enough, both in terms of arbitrators and institutions? Are panels reflective of clients?
- What about cognitive diversity?’
- What are the implications for investor-state disputes?
- Is it fit for purpose? Do we need more changes?