ADR Online - An AIAC Webinar SPECIAL Series: Diversity in Arbitration Week - Professional Diversity in Arbitration – Inevitable or Idealistic?
A key benefit of arbitration as an alternative dispute resolution mechanism is the ability of a party to choose an arbitrator with subject matter expertise in the dispute on foot. Theoretically, this means that rather than opting for an arbitrator who has legal experience relevant to the nature of the dispute, the parties have the option of choosing a non-legally trained individual with practical or specialist expertise in the relevant subject matter. For instance, in a dispute relating to a cross-border derivatives transaction, parties may opt to choose a derivatives expert who may be an academic or an individual with derivatives trading expertise, to form part of the arbitral tribunal, as opposed to only opting for a banking & finance lawyer who possesses the necessary skills and training to act as an arbitrator. Yet, there may be a perception that arbitral tribunals are primarily composed of legal practitioners. Is there any demand for bespoke expertise in an arbitral tribunal or is there a need to cultivate demand for such by increasing the supply of bespoke specialist arbitrators? In this webinar, organised in collaboration with the CIArb Malaysia Branch, we will hear from CIArb qualified Members and Fellows of diverse professional backgrounds who will share their experience of what brought them to arbitration, what keeps them in arbitration, and the opportunities and challenges professional diversity can bring to an arbitral tribunal.
For more information or to register, please email: events@aiac.world