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CHAMBERS

International Commercial Law, Arbitration & Mediation

International arbitration has enjoyed growing popularity with business and other users. There are a number of reasons that parties elect to have their international disputes resolved through arbitration. These include the desire to avoid the uncertainties and local practices associated with litigation in national courts, the desire to obtain a quicker, more efficient decision, the relative enforceability of arbitration agreements and arbitral awards (as contrasted with forum selection clauses and national court judgments), the commercial expertise of arbitrators, the parties’ freedom to select and design the arbitral procedures, confidentiality and other benefits.

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