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International arbitration
in 2024

Welcome to our annual review of the top trends we expect to shape the international arbitration landscape over the coming year and beyond.

Our international arbitration specialists from across our global network have identified 11 key trends that we predict will influence the field of international arbitration in 2024.

Several overarching themes drive these trends. Geopolitical and economic instability is a catalyst for disputes across many sectors, especially when combined with the pursuit by many companies of ambitious tech-related, energy transition and net zero goals.

Environmental, social and governance (ESG) issues continue to loom large for businesses in transition, so ESG features prominently in several of the trends. Global macroeconomic factors, such as inflation and the increased cost of capital, are driving disputes across multiple sectors. Sanctions-related issues are increasingly prevalent for parties navigating the fallout of the Russia-Ukraine conflicts and other conflicts as well.

Our report also investigates the risks and opportunities presented by recent developments in the practice of international arbitration. How will artificial intelligence affect arbitration? How should recent arbitration-related court decisions inform disputes strategies? What are the implications of reform of the UK Arbitration Act? How can investors navigate the EU’s continued efforts to block intra-EU investment arbitration?

Our team not only monitors these developments closely but also plays an active role in shaping thought-leadership in the international arbitration community. We play a leading role in promoting diversity with the Equal Representation in Arbitration Pledge, and greener arbitrations, with our support of the Campaign for Greener Arbitrations.

This is an exciting time for international arbitration. Numerous disruptive events are transforming the process and expanding its scope of application further and further.

Boris Kasolowsky
Global Co-head of the International Arbitration Group

We hope these first-hand insights will help you plan your disputes strategies in 2024 and beyond. We look forward to overcoming any obstacles and maximizing your opportunities in this rapidly evolving landscape.

Noiana Marigo
Global Co-head of the International Arbitration Group

Published: February 2024

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