find the latest legal job
Corporate Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Highly-respected, innovative and entrepreneurial Not-for-Profit · Competency based Board
View details
Chief Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Dynamic, high growth organisation · ASX listed market leader
View details
In-house Projects Lawyer | Renewables / Solar | 2-5 Years PQE
Category: Generalists - In House | Location: All Australia
· Help design the future · NASDAQ Listed
View details
Property lawyer - Melbourne
Category: Property Law | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Impressive client list, national firm · Well-led and high-performing team
View details
Senior family lawyer - Melbourne
Category: Family Law | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Outstanding national firm · High-calibre family law team
View details
Arbitrators push for greater efficiency

Arbitrators push for greater efficiency

Michelle Sindler

The biggest challenge facing international arbitrators is how to keep the process timely and cost-effective, one Australian Law Awards judge believes.

Michelle Sindler, arbitrator and former CEO of the Australian International Disputes Centre, suggested the arbitration community was increasingly focused on efficiency.

“Time- and cost-efficiency are essential to maintain the attractiveness of arbitration,” Ms Sindler said. “In my view these are among today's greatest challenges.”

To tackle this issue, some institutions have amended their rules or introduced guidelines for managing time and cost pressures, both for arbitrators and attending parties.

“The ICC has this year issued guidelines for in-house counsel and other party representatives to encourage them to use the tools available in making decisions regarding the conduct of arbitration,” Ms Sindler said.

“At the end of the day, the best outcome and highest efficiency can only be reached if the parties, their representatives and the arbitrators all consciously aim at conducting efficient proceedings.”

Ms Sindler will act as a judge at the Lawyers Weekly Australian Law Awards, for which submissions are open.

She believes an effective arbitrator combines good communication skills and a sound understanding of the law with an ability to think outside their own cultural framework.

In addition, she suggested commercial acumen was highly sought-after.

“An effective arbitrator will also be commercially savvy – something that is very important in today's environment, not just in the resolution of a matter but also integrally to an arbitrator's ability to run efficient and effective proceedings.”


Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Arbitrators push for greater efficiency
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Aug 23 2017
NT Law Society sounds alarm on mandatory sentencing
The Law Society Northern Territory has issued a warning over mandatory sentencing, saying it hasn’...
Aug 22 2017
Professionals unite in support of marriage equality
The presidents of representative bodies for solicitors, barristers and doctors in NSW have come toge...
Aug 21 2017
Is your firm on the right track for gig economy gains?
Promoted by Crowd & Co. The way we do business, where we work, how we engage with workers, ev...
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...