A buyer's guide to international commercial arbitration

There is more to optimising the international dispute resolution process than simply deciding to arbitrate. Most Australian corporations involved in cross-border transactions are increasingly turning to arbitration but, all too often, little consideration is given to which rules should apply to the arbitration. Choosing the optimal arbitral rules should be an important part of negotiating an international contract because the rules can significantly impact the arbitration experience and the effectiveness of the arbitration.