left-caret
Insights

attorney authored

International Arbitration: Now Getting Longer and More Costly

July 28, 2008

By JOSEPH R. PROFAIZER

International arbitration—once heralded as a more effective and efficient alternative dispute resolution mechanism than international litigation—is now routinely criticized for replicating some of the same failings as litigation: excessive cost and duration of proceedings. The greatest strength of international arbitration—its procedural flexibility— can be used to control its increasing cost and duration. As a party or practitioner, the key is choosing the best procedural tradeoffs to maximize the ability to present one’s strongest case without incurring unnecessary and substantial additional costs or time.

Practice Areas


Contributors

Image: Joseph R Profaizer
Joseph R Profaizer
Partner, Litigation Department