Chambers International Arbitration 2022 features contributions from WilmerHale lawyers.
Excerpt: In 2022, the international arbitration landscape is dominated by two global crises: the COVID-19 pandemic and the war in Ukraine. In addition to these two crises, inflation is at a multi-decade high in several economies, including the United States, Eurozone and the United Kingdom. High inflation combined with low growth in many leading economies has put many businesses under severe pressure. This is leading to a proliferation of disputes across a wide range of sectors as businesses seek to recoup some of their pandemic losses through arbitration. Against this backdrop, it is unsurprising that most leading arbitral institutions reported a record – or close-to-record – caseload over the past year.