The world’s largest court centre for financial, business and property disputes officially opened for business in London’s Fetter Lane, in December.
The Rolls Building is home to the commercial court, the chancery division, patent court and the technology and construction court. It covers more than 16,000 square metres, houses 31 courtrooms, 11 hearing rooms and 55 consultation rooms. It is equipped with state-of-the-art IT and has three ‘supercourts’ for complex, multi-party trials.
It plays a key role in the ‘Unlocking Disputes’ campaign to boost London’s legal services sector and strengthen its global reputation, which began in October. More international and commercial arbitrations take place in London than in any other city in the world, and 90 per cent of commercial cases handled by London law firms involve an international party.
Bar chairman, Michael Todd QC said: “It is a signal to businesses all around the world, that the UK has the excellence, the expertise, the capacity and the facilities to handle all types of legal dispute.”