3 Misconceptions GCs Hold About International Arbitration

Law360, New York (January 29, 2018, 8:55 PM EST) -- Advising general counsel to include an international arbitration clause in an important contract can get dicey if the latest gossip about an arbitration gone wrong or a lack of familiarity with the process has caused certain misconceptions to take root.

Perhaps a GC works for a smaller company that doesn't deal with international disputes all that often, or they just spoke to another GC who had a negative experience during an arbitration.

"One of the reasons that general counsels are not always comfortable with arbitration is that they so often come from a litigation background," said Noah Hanft, president and CEO...

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