As common these days, international Arbitration has become a preferable choice of many companies, enterprises, or organizations. On the other hand, the litigation sometimes is not a preference to resolve the conflicts due to the aspect of privacy, time, cost and more. Therefore, arbitration is an alternative for resolving dispute rather than submitting it to the litigations i.e. local court.

Some common arbitration firms include:

• London Court of International Arbitration (LCIA)
• United Nations Commission on International Trade Law (UNCITRAL)
• International Chamber of Commerce (ICC)
• International Centre for Dispute Resolution (ICDR)

International arbitration is a private, consensual, neutral, binding, and enforceable means of Dispute Resolution, which is much faster and less expensive than domestic court proceedings. Choosing international arbitration firms for resolving disputes offers other advantages including-

• The availability of pre-established rules and procedures, ensure the hearing that can be completed in timely manner and without any delay.
• The framework of arbitration is clear and formatted with proven record.
• Each arbitration firm has the responsibility of monitoring the arbitration to make sure that a verdict is made within reasonable time.
• International arbitration firmsare willing to help in deciding the venue and time of arbitration proceeding if both parties request to do so.
• The award is final and binding. No review or appeal against it, ensure finality.
• Both parties and lawyers save their time and effort for determining the arbitration procedures and drafting the arbitration clause.
• Arbitration firmsalso provide a list of arbitrators, which are expert, professional, and experienced in different fields to choose form.

Are you looking for the best international arbitration firm? If so, get in touch with Aceris Law. The Aceris Law’s leading independent international arbitration lawyers and boutique practices provide legal representation for international commercial arbitrations, investment treaty arbitrations, construction arbitrations and public international law disputes, globally, in a high-quality but cost-effective manner.

To learn more, feel free to visit https://acerislaw.com/.