Arbitration seat

Corporate counsel across the world see London as their preferred seat of arbitration, new research has shown.

Four out of ten corporate counsel say they use English law most frequently, followed by 17 per cent who use New York law, according to a survey, “Choices in International Arbitration”, by the School of International Arbitration at Queen Mary, University of London (“QMUL”). “Formal legal infrastructure” is the strongest influence on choice of seat, and London is the most preferred seat of arbitration (30 per cent) followed by Geneva (9 per cent), Paris, Tokyo and Singapore (each 7 per cent) and New York (6 per cent). QMUL Professor Loukas Mistelis, said: “London comes out as a clear winner.”
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