Welcome to the 15th edition of the “Baker McKenzie International Arbitration Yearbook.” We are pleased to bring you our analysis of notable developments in international arbitration over the past year from across 46 jurisdictions worldwide.
As with the editions before it, this year’s Yearbook looks at important legislative and case law updates from each jurisdiction. This includes:
- New arbitral rules from major institutions such as ACICA, AFSA, AIAC, ICSID, JAMS, JCAA, SWISS, and UNCITRAL.
- The ongoing reform of arbitration legislation to reflect international best practice, including significant proposals in China, Italy, Japan, Luxembourg and Peru.
- The continued effects of the European Court of Justice’s decision in Achmea and the subsequent termination of intra-EU BITs by most EU member states.
- The New York Convention’s continued expansion which now provides for the enforcement of arbitral awards in 169 jurisdictions worldwide.
- The increasing use of artificial intelligence and technology in arbitration, such as electronic filing and case management platforms, as well as virtual/hybrid hearings.
I trust you will find our coverage of these, and many other important topics, to be of interest. Such breadth of coverage is only possible because of Baker McKenzie’s truly global presence. Our international arbitration team is the largest, busiest and most ranked arbitration team in the world and is ranked in the top 10 arbitration teams globally by Global Arbitration Review. With over 200 practitioners, we have acted in more hearings than any other firm, in every major center, allowing us to offer unrivaled insights into the state of arbitration right across the globe.
Finally, we extend our thanks to our diligent and industrious editorial team, led by Executive Editor Steve Adams, along with editor Sarah Fox. We are also grateful to Benjamin Roe, Markus Altenkirch, Maria Barros Mota and our vast network of colleagues and friends who have contributed to this international team effort.
Global Chair, International Arbitration