No Match Found
Hybrid dispute resolution - a combination of two or more dispute resolution processes tailored to the users’ needs - has emerged as a more flexible and efficient alternative to traditional or standalone mechanisms.
To understand this trend better, we take a deeper look at the benefits of a hybrid dispute resolution and the key considerations when choosing this mechanism.
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 allows user to combining the benefits of various dispute mechanisms according to their needs.
Efficiency, cost and speed
Enforceability and finality
Preservation of business relationships
While the flexibility and customisable nature of hybrid dispute resolution is advantageous, users may not know where to get started. Here are some key considerations to navigate the flexibility of the dispute resolution process:
An amicable resolution is not always possible. Hence, the need for multi-tiered hybrid approaches arises. The COVID-19 pandemic has led to an increase in backlog court cases. Hybrid dispute resolutions may emerge increasingly as an approach to address this.
© 2015 - 2021 PwC. All rights reserved. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.