Explore the evolving dispute resolution landscape in this series
International dispute resolution has always been a complex issue as it involves multiple parties with different expectations due to the various jurisdictional legal systems and cultural norms. The COVID-19 outbreak has resulted in a considerable increase in disagreements as businesses struggle to perform contractual obligations. Fundamental procedural changes have had to be made to ensure that the Dispute Resolution processes continue in a safe manner, such as holding hearings in a virtual manner. Resolving international disputes in a timely and cost effective way has been long sought after, but now these issues are brought to the forefront.
We assisted the Singapore International Dispute Resolution Academy (SIDRA) in conducting the International Dispute Resolution Survey 2020 (SIDRA Survey), which was published in July 2020. Our series explores the currently emerging trends and possible future developments in the Dispute Resolution scene based on insights drawn from the SIDRA Survey, so as to help you make strategic decisions.
Hybrid dispute resolution combines the benefits offered by various dispute resolution mechanisms to best address users’ needs.
Third Party Funding (TPF) can address cost concerns faced by companies in a dispute resolution.
We analyse the major benefits of using TPF and highlight key considerations around getting it right.
In recent years, Legal Technology (LegalTech) has grown in sophistication and brought many benefits to stakeholders in the Dispute Resolution space. Here we explore the top three useful technology tools employed in cross-border disputes.
Cross-border disputes are inevitable. There are different Dispute Resolution mechanisms to resolve conflicts but it is critical to choose the best suited approach.