Home Legal Advice Latham Collaborates on Industry-First Protocol in International Arbitration

Latham Collaborates on Industry-First Protocol in International Arbitration

90
0

Latham & Watkins has collaborated with legislation corporations Herbert Smith Freehills, Ashurst, CMS, DLA Piper, and Hogan Lovells to develop an industry-first protocol designed to ship a globally constant approach to the usage of on-line case administration platforms.

In the absence of common steering on applying new applied sciences in global arbitration, the protocol goals to take away the confusion arbitral contributors face about how they will virtually – and cheaply – meet knowledge dealing with and cyber safety obligations, and share paperwork securely.

The protocol covers industrial and funding arbitration as well as institutional and advertisement hoc arbitrations, and can act as steering for events to an arbitration, their attorneys, tribunal members, and arbitral establishments. It can even help expertise builders and suppliers to tailor their options and guarantee their merchandise are constructed for objective.

“This initiative stands apart in its collaborative approach to tackling both new and enduring challenges in international dispute resolution,” stated Bryce Williams, global arbitration affiliate at Latham & Watkins. “The Protocol offers practical guidance to help all arbitral participants – parties and their counsel, arbitral institutions, and tribunals – adopt online case management tools in an effective way, and will drive further innovation in the organization of international disputes as the technology underpinning these tools develops apace.”

To acquire a duplicate of the Protocol, click here.

Do you want Legal Desire’s articles? Follow on social!

LEAVE A REPLY

Please enter your comment!
Please enter your name here