IN ONE HANDY HANDBOOK
An appreciation by Phillip Taylor MBE and Elizabeth Taylor of Richmond Green Chambers
In today’s global commercial environment, international arbitration has emerged as an important safeguard for investors. Therefore, the need for a definitive work of reference on arbitration, mediation and adjudication rules is immediately apparent -- and this assistance is what the editors of this ADR volume amply provide as more and more disputes are resolved in this way in preference to the courts.
If you’re an arbitrator or arbitration lawyer involved in resolving cross border disputes, you need this book for its rules, particularly if the seat of the arbitration is in a country or jurisdiction other than the one in which you are qualified. In this sense, as the authors point out, the practice of commercial arbitration is unique in that lawyers in one jurisdiction may often conduct arbitrations in another.
This one convenient volume contains the arbitration laws of over twenty countries; twenty four, to be precise, from Australia and Austria to the Ukraine, UAE, UK and USA, as well as the main procedural rules used in each. If separate maritime arbitration rules are in place, these are also included. Of particular help or the confused (like us) is the ‘overview’ section at the beginning of each country which sets the scene on the rules.
The international section sets out in its entirety, the UNICTRAL Model Law, which has contributed greatly to the harmonization of the laws of international commercial arbitration. Also included among a wealth of other material are the ICSID Arbitration Rules, which apply to the settlement of investment disputes and the WIPO, with its more than 180 members, which pertains to intellectual property disputes.
The detailed index of over 30 pages is a particularly useful feature as a shortcut to looking up what you need to know, especially concerning specific rules, in the more than 1,000 pages of this indispensable paperback volume.
For shipping lawyers, including ‘in house’ lawyers, as well as arbitrators and dispute resolution lawyers, or anyone involved in negotiating cross border contracts, the ‘Arbitration Law Handbook ‘is a must-have work of reference. As the authors rightly say, the importance today of international conventions and agreements relating to international arbitration cannot be overstated- this handy handbook ensures that they are not with a wealth of detail so well set out!