Arbitration boom set to continue on back of international trade

A decade-long rise in the use of arbitration and arbitration specialists is only going to increase, pushed up by trends in globalisation, according to the head of the Chartered Institute of Arbitrators in Australia.

31 March 2015

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Albert Monichino QC said the globalisation of commerce would push the growth of arbitration as an increasing number of commercial contracts had a cross-border element. This would occur particularly in areas where state boundaries were not seen as being barriers to trade. The Institute is running a nine-day course in April to give lawyers a diploma in international commercial arbitration. Source: Lawyers Weekly