Arbitration is increasingly becoming the favored path to dispute resolution. Foley Hoag’s Commercial Arbitration practice advises clients, including both private corporate entities and State-owned enterprises, in a wide variety of international and domestic commercial disputes.
Arbitration clauses are especially prevalent in contracts whenever transactions cross borders, as contracting parties often seek to shield themselves from perceived biases of their counterparties’ local courts. A well-drafted arbitration clause positions parties to take advantage of the flexibility that arbitration offers. This flexibility allows them to achieve final resolution of their dispute in tailor-made proceedings that are less costly, more efficient and more confidential than traditional court litigation.More »