In-Person - When Things Fall Apart: The Role of Arbitration in Crisis Management

Arbitration, a private dispute resolution method, offers confidentiality, flexibility, expertise, efficiency, and enforceability. It's preferred for international disputes due to the enforceability of awards under the New York Convention. The ICC International Court of Arbitration oversees key steps, from filing to award scrutiny.

Strategic arbitration management is crucial, including document preparation, arbitrator selection, and settlement strategies. In-house counsel plays a vital role in aligning legal strategies with business goals.

Real-world case studies illustrate arbitration's effectiveness in achieving settlements. Understanding its advantages and strategic management benefits businesses by providing a faster, cost-effective alternative to litigation.