Leading global law firm Baker McKenzie has released the 11th edition of its International Arbitration Yearbook. This edition reviews important developments in arbitration in 45 jurisdictions in the past year, including the continuing wave of updates to institutional rules, new standalone rules for investment arbitration, and revised national laws to support the use of arbitration.
This 11th edition focuses in particular on third party funding in arbitration, surveying the law and practice on this important topic across the globe.
"This past year has been typically busy for our industry. Arbitration volume has increased at most of the major institutions. Ever-increasing competition for arbitration work has continued to drive reforms aimed at improving procedural efficiency," said Leng Sun Chan, SC, Chair of the Firm's Global Arbitration Practice. "Having over 300 arbitration lawyers across our global network, we are well-placed to combine in-depth insights with breadth of geographical coverage of many markets in this annual Yearbook, to address this shift.
"We have much else to look forward to in 2018, with new rules at the DIS, DIAC and HKIAC, and new arbitration laws expected in places such as Argentina, Australia, South Africa and the UAE."
Initially published by the Firm's European offices in 2007, the International Arbitration Yearbook has expanded to include developments in Asia, Latin America and North America, and has become a valuable resource for clients and colleagues in the global business community.