International arbitration cases have spiralled and venues are developing to serve the new wealth of the East. Traditional Western firms need to adapt quickly.
The global economy, while still experiencing extraordinary growth, has had a turbulent decade - the 2007/08 banking crisis, debilitating recession in major economies, increased regulation in the financial sector, turmoil in commodities and energy markets and the shifting economic conditions in developing countries.
As a result, cross-border economic activity - a key driver of trends in international arbitration disputes - has rebalanced and adapted, slowing in some places and growing in others.
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