Some Firms and Lawyers Inexperienced in the Practice of International

question 54

Essay

Some firms and lawyers inexperienced in the practice of international commercial arbitration consider arbitration clauses in a contract as "any other clause." This can be a gross misunderstanding of the clauses.Why are these clauses different and so significant?

---

Definitions:

Company Research

Company research is the process of gathering and analyzing information about a company, including its industry, competition, financial health, and market position, for the purpose of making informed decisions or assessments.

Screening Interviews

A preliminary step in the hiring process where candidates are quickly assessed to determine if they meet the basic requirements for a job.

Panel Interview

An interviewing technique where a candidate is evaluated and questioned by multiple interviewers or a group of people at the same time.

Active Listening

Involves fully concentrating, understanding, responding, and then remembering what is being said.