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Freshfields forecasts 2024’s international arbitration trends
Global law firm Freshfields Bruckhaus Deringer (‘Freshfields’) has released its annual international arbitration report for 2024, predicting and analysing the key trends in international arbitration in the year ahead.
The report places the spotlight on the overarching themes affecting international arbitration, including the energy transition, ESG issues and geopolitical and economic instability, acting as catalysts for disputes across many sectors.
Risks and opportunities associated with recent developments in the practice of international arbitration are also explored, including artificial intelligence, and recent arbitration-related court decisions and reforms.
Boris Kasolowsky, Partner and Global Co-head of the International Arbitration Group, said: “This is an exciting time for international arbitration. Numerous disruptive events are transforming the process and expanding its scope of application further and further. ”
“We hope these first-hand insights will help our clients plan disputes strategies in 2024 and beyond,” adds Noiana Marigo, Partner and Global Co-head of the International Arbitration Group.
The trends in this year’s report are:
- Generative AI: opportunities and risks in arbitration
- Arbitration in times of crisis: conflict, sanctions, climate
- Energy transition: critical minerals industry challenges
- Arbitration Act 1996 reforms: ensuring London remains a leading seat for international arbitration
- The EU’s campaign to end intra-EU investor-State arbitration: pushing investor creativity
- India: a new era for international arbitration?
- The evolving landscape of arbitrator conflicts and disclosure requirements
- Construction and environmental disputes from oil and gas decommissioning
- Public international law’s growing relevance for businesses
- Clarity or confusion? The implications of domestic court rulings for arbitration
- Is your life sciences contract susceptible to renegotiation or termination if the economics of the deal changes?
As a world-leading international arbitration practice operating across key jurisdictions and industry sectors, Freshfields offers clients a comprehensive range of services in commercial and treaty arbitration, litigation in support of arbitration, global projects disputes, public international law and alternative dispute resolution.
The firm has a diverse team of over 200 market-leading lawyers in multiple locations, conducts arbitrations all over the world, whatever the governing law of the dispute, the language of the arbitration, the applicable arbitration rules, or the subject matter of the dispute. To find out more about the Freshfields practice, click here.
This is the ninth edition of our annual arbitration trends report. Further information on this year’s report can be found here.
