03 Apr 2019
CIArb is proud to promote the International Dispute Resolution Survey launched by the Singapore International Dispute Resolution Academy (SIDRA) to help corporations make strategic decisions on dispute resolution options and to inform policy makers, dispute resolution institutions, and legal service providers on the dispute resolution needs of corporations.
Conducted by SIDRA and commissioned by the Singapore Ministry of Law, the Survey seeks to put together a comprehensive and robust understanding of how corporations resolve their cross-border commercial disputes and the reasons for their choices. SIDRA has engaged the Forensic Services department of PwC South East Asia Consulting to administer the International Dispute Resolution Survey.
The Survey’s user-centric approach seeks to uncover, for example, why some corporations choose one dispute resolution mechanism over another and whether this varies depending on the type of transactions, the nature of disputes, the industry sectors and the geographical regions of operation.
Michael Peer (Partner, PwC Singapore) commented:
“Alternative dispute resolution (ADR) mechanisms, like arbitration or mediation, are dependent upon users believing it is an effective way of resolving disputes. This survey allows users to provide their views as to what they want from these mechanisms to ensure their continued use of ADR when seeking to resolve international disputes.”
The first of its kind, the International Dispute Resolution Survey differs from other surveys on dispute resolution in a number of significant ways:
a) It covers not only international arbitration, but also international mediation and litigation. This better reflects the full spectrum of mechanisms that corporations use to resolve disputes and their considerations in choosing one mechanism over another.
b) It gathers responses not only from lawyers (the service providers) but also top corporate executives (the users). This presents a more complete picture of demand and supply and helps to identify gaps in perception and provision.
c) It looks at usage rather than preferences, which is more indicative of lawyers’ and businesses’ actual decision-making processes.
d) It covers a balanced geographical spread, so that it is representative of users and providers across all regions in the world.
SIDRA welcomes corporate executives and lawyers (external and corporate counsels) who have been involved in international dispute resolution in the last 3 years to participate in this Survey.
Please follow the link below to request a unique survey link to be sent to you.
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