The London Chamber of Commerce and Industry launched the London Chamber of Arbitration and Mediation (LCAM) in May 2020. This was a relaunch of the chamber of commerce’s original London Chamber of Arbitration, founded in 1903. The LCAM published its new arbitration rules on 1 September 2022.
Arbitration is often said to be a faster and cheaper method of dispute resolution. As the LCAM puts it, arbitration is favourable as compared to court-based litigation. The LCAM puts that efficiency at the heart of its new rules “owing to the ‘four Es’ of Economy, Efficiency, Expediency and Enforceability. In short, a swifter, cheaper, reliable process for all.”
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In this episode of the Arbitration Conversation Amy interviews Prof. Michael Pitton of the University of Iowa College of Law. Prof. Pitton has also practiced law since 1977 in the...
By Michael Pitton, Amy Schmitz“American exceptionalism” has been used to reference the United States’ outlier policies in various contexts, including its love for litigation. Despite Americans’ reverence for their “day in court,” their zest...
By Amy SchmitzThis article was first published in the Asia Pacific Law Review, here. ABSTRACT Third-party funding (TPF) has played a major role in international arbitration over the last decade. Despite uncertainties...
By Can Eken
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