In this episode, Head of International Arbitration and Dubai Partner, Thomas Snider, is joined by London Partner Richard Kiddell, Hong Kong Partner Stephen Chan, and Singapore Partner Peter Brabant to discuss themes and trends that emerged from the ICCA 2024 Conference held in Hong Kong. They discuss managing the costs that arise in international arbitration, along with methods to make the arbitral process more cost-effective and efficient for clients. They further consider the use of artificial intelligence within the arbitral sphere, including its advantages, its challenges, and how arbitrators and practitioners should adapt to align with its future growth. Finally, they shed light on how third-party funding and insurance products can be used to manage the costs of arbitration, while also exploring the challenges and potential hurdles involved in going down this route.

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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