The 2013 Survey, ‘Corporate choices in International Arbitration‘ has been issued by PwC and Queen Mary, University of London. The survey investigates how corporations use international arbitration with a particular emphasis on companies in three sectors of strategic importance to the world economy – Energy, Construction and Financial Services.
Major corporations, across different industry sectors, continue to affirm the benefits of arbitration to resolve transnational disputes. Corporations are becoming more sophisticated in procuring international arbitration services. Concerns over costs and delays in proceedings persist and in-house counsels are increasingly focused on getting value from the arbitration process.
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