Transnational Matters is a leading international arbitration and cross-border disputes law firm representing multinational corporations, non-governmental organizations, investor states, and individuals in arbitral fora around the world, including:
- The International Chamber of Commerce (ICC)
- The International Court of Justice (ICJ)
- The International Centre for Dispute Resolution (ICDR)
- The London Court of International Arbitration (LCIA)
- The United Nations Commission on International Trade Law (UNCITRAL)
- The International Centre for Settlement of Investment Disputes (ICSID)
- The Singapore International Arbitration Centre (SIAC)
- The American Arbitration Association (AAA)
- The Hong Kong International Arbitration Centre (HKIAC)
- The Stockholm Chamber of Commerce (SCC)
- Permanent Court of Arbitration (PCA-CPA)
Our firm is known for providing strategic representation combined with skilled negotiation through all aspects. Contact our Miami office today to arrange a consultation with an accomplished international arbitration attorney.
About International Arbitration
International arbitration is an increasingly popular form of dispute resolution for states, businesses, and investors located in different countries. In this process, the parties agree to have their dispute heard and decided by an independent arbitrator, rather than going to court. Doing so offers several advantages:
- Avoids the costs and delays of international litigation
- Avoids the uncertainty of a court judgment
- Offers greater flexibility, privacy, and neutrality
The parties agree to submit their dispute to one or more arbitrators, typically experts in the relevant controversy. The arbitrators hear evidence and arguments from both sides before rendering a decision, known as an award, which is typically binding on the parties.
What Are the Benefits of International Arbitration?
A key advantage is its flexibility. Unlike national court systems, which involve complex procedural rules and legal machinations, the parties tailor the arbitration process to their specific needs and priorities. For example, the parties can choose the:
- Place of arbitration
- Number of arbitrators
- Language to be used
- Rules of procedure to be followed
Another benefit is that international arbitration is confidential. Unlike public court proceedings, arbitration hearings are held in private. This can be particularly important for businesses that need to keep confidential and sensitive information out of the public record.
It also benefits individuals who wish to avoid the public scrutiny that comes with a court case. It is also quicker and more cost-effective as court cases often take years to resolve as litigation costs quickly mount. By contrast, this is typically completed within months at a significantly lower cost.
One of the main advantages of international arbitration is the enforceability of arbitral awards. In many cases, the parties have entered into an agreement that includes a provision for enforcing an award. If one party fails to comply with the award, the other party can seek to have it enforced by the courts. This is particularly valuable for parties that operate across multiple jurisdictions because it provides a dispute resolution method recognized and enforced in many different countries.
In short, this is an attractive option for investor states, businesses, and individuals. It provides a flexible, confidential, and efficient process for resolving disputes, and can be particularly useful for those who operate across multiple jurisdictions. Ultimately, navigating the process takes the advice and counsel of a skilled international arbitration attorney.
The Transnational Matters Difference
Because it is so complex, requiring a deep understanding of both international law and the laws of the countries involved in the dispute, having the informed representation and bold global advocacy our firm provides is essential. You can depend on our international arbitration lawyers to help you navigate this complex legal landscape.
From drafting well-conceived arbitration clauses to representing clients in institutional and ad hoc arbitral proceedings and helping to enforce and challenge arbitration awards, Transnational Matters is the trusted choice in international arbitration. We have successfully represented clients in jurisdictions around the world, including:
- New York
- Washington D.C.
- Mexico City
- Colombo (Sri Lanka)
- The Hague
Above all, we bring a deep understanding of cultural and linguistic differences to international arbitration, which can help bridge any communication gaps and ensure that all parties understand the legal issues involved in the dispute. Let us guide you through the entire process.
Contact Our Miami-Based International Arbitration Law Firm
If you are considering international arbitration, turn to Transnational Matters. You can depend on us to explain the process, assess the strengths and weaknesses of your case, and work to achieve the best possible outcome. Contact us today to get started.