COVID-19 triggered dramatic changes in the way international arbitration is conducted, but which will remain? Our partner Amanda Lees, based in Singapore, recently shared her insights with The Legal 500 on the Covid-19 arbitration trends that are here to stay. Watch the footage here and see the key takeaways below.
The good
- We’re more tech-savvy, even arbitrators
“We’ve all become much more comfortable with [arbitration] technology.”
- There will be more flexibility in terms of the choice of hearing methods in the future
“There is a degree of flexibility … [some] hearings will continue to either be conducted virtually or be hybrid.”
- Procedural hearings will go virtual
“We would see that a lot of procedural hearings will take place virtually as a matter of course from now on.”
- Virtual hearings have proven efficient, cost-friendly and beneficial to the planet
“This would bring so much benefit for the planet as well as obviously for the pocketbooks of the parties.”
The Not So Good
- We’ve lost the in-person connection
“While virtual hearings have worked pretty well … you lose some of the magic of a hearing.”
- This impacts chances of settlement
“Having the party representatives attend means that there are more opportunities for settlement, because they actually get to chat to each other over the coffee table or the water cooler. So there are some opportunities to break the barriers that may have occurred given the dispute, and there is an opportunity for people to have a conversation about settlement, which at the moment is not happening.”
- It also impacts tribunal deliberations making them more formal
“For the tribunal… if you are all able to have morning tea together or lunch together or dinner together and talk after the day’s hearings, you will explore the issues you have heard.”
The COVID-19 pandemic changed our ways of working in one way or another. Check out our previous posts on how Covid-19 changed dispute resolution:
- Go Green or Go Home – A push toward green arbitrations
- HK Courts Embracing the Use of Technology
- The ICC’s 2021 Arbitration Rules: what you need to know
Want to hear more of Amanda’s insights? Check out her other Legal 500 clips on:
- How technology is changing arbitration in Asia
- Advising and drafting dispute resolution clauses
- Diversity in arbitration proceedings and practice
