With the big litigation cases increasingly rare, the commercial and chancery world has been focusing on more philosophical issues of late.
The arbitration versus litigation or alternative dispute resolution debate has been rumbling through law firms, while the commercial bar has been more interested in whether the Bar Standards Board will let it continue marketing. Also, the recent announcement that the new Business Court’s construction will be going ahead this year has many lawyers asking whether it will be the redemption the Commercial Court needs after its reputation was dented by the collapse of the BCCI and Equitable Life cases.
This Commercial and Chancery Special Report examines these issues, as well as whether London really does have a pivotal role as a dispute resolution centre. It also looks at whether contracts with minors are worth the paper they are written on.