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Int'l Arbitration Doesn't Have To Be Slow And Expensive

International commercial arbitration is often criticized as being slow and very expensive.

This complaint was raised in the 2006 Queen Mary International Arbitration Survey, and it referred predominantly to attorney fees.[1] The 2010 survey found that the delay in arbitration is caused especially by the documents discovery procedure, lengthy written submissions, and the selection, preparation and hearing of witnesses.[2]

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Law 360

International commercial arbitration is often criticized as being slow and very expensive.

This complaint was raised in the 2006 Queen Mary International Arbitration Survey, and it referred predominantly to attorney fees.[1] The 2010 survey found that the delay in arbitration is caused especially by the documents discovery procedure, lengthy written submissions, and the selection, preparation and hearing of witnesses.[2]

Full Article Below:

Open in new window

Law 360

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