“Arbitration is an increasingly popular choice for commercial dispute resolution within the international business community” write Kiera Gans and Amy Billing with Corporate Counsel. Gans and Billing note that, while arbitration is popular, it is receiving some criticism that it’s not meeting is goal of an expeditious and cost-effective technique. Arbitral institutions, in response to the criticism, have changed some of their rules as outlined in Corporate Counsel’s article . Gans and Billing also provide an extraordinarily useful chart highlighting some of the most recent rules changes from five international arbitration institutions.
