International Arbitration in Practice

The complexity of commercial and investment arbitration is increasing, with many arbitrations now involving multiple parties or contracts and spanning multiple jurisdictions and areas of law – not to mention such pervasive new trends as virtual advocacy. This indispensable and eminently practical book systematically addresses the measures required to apply the concepts underpinning international arbitration in real-world arbitral proceedings.

With detailed guidance on all stages of international arbitration and their sequence, a select group of established and up-and-coming practitioners share their knowledge in user-friendly chapters on the most salient aspects of practice. These chapters are presented in four sections:

• counsel’s role – which includes chapters on written submissions, oral advocacy, use of evidence, use of fact and expert witnesses, means of shaping an arbitration, and how to work with and lead a team
• the tribunal’s role – which includes chapters on arbitrators’ duties, the hearing, deliberations, the process of drafting orders and awards, and arbitrators’ remuneration
• the arbitral institution's role – which includes chapters on distinctions between institutional and ad hoc arbitrations, appointing committees, advances on costs, the secretariat’s role, and scrutiny of arbitral awards, and
• how arbitration is funded – which includes chapters on calculating the costs, sources of third-party funding, and means of paying

Practitioners – whether counsel or arbitrator – and clients will approach any case with full awareness of what strategies and tactics can be employed as a result of the authors’ detailed attention to the real-world practicalities likely to arise in international arbitration.