Arbitration will be the prevalent form of dispute resolution for international businesses in the 21st century.
Statement: Arbitration will be the prevalent form of dispute resolution for international businesses in the 21st century. Arbitration has already become the preferred method of dispute resolution in international commercial contracts in the 21st century, and we believe it will stay in that way. Corporate parties tend to avoid going to courts because litigation is expensive, public, and time-consuming. A court...