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4 Things To Know About Ad Hoc Vs. Institutional Arbitration

Law360, New York (January 30, 2018, 6:57 PM EST) -- Choosing the rules that will govern a potential arbitration with a business partner might seem like a tiresome task that’s best left until a dispute arises, but experts say leaving the decision to the last minute can be a huge mistake.

Lawyers often praise international arbitration for its flexibility, but with flexibility comes a litany of important decisions. Among the most important is deciding whether to leave nitty-gritty procedural details to an institution or for the parties to hash them out among themselves.

“Institutional rules are...
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