Readers are invited to help with an ‘index’ of seats, to be published next year. Have your say on who gets an AAA, AA, or A rating!
Next year, GAR and CIArb will publish an index of seats, using the “AAA, AA, A …” system pioneered by credit rating agencies. The GAR-CIArb seat index will then appear every year.
The idea grew from the CIArb’s “London Principles”. Drafted in 2015 by the CIArb as part of its 100 year celebrations, these distil the essence of a ‘safe’ international arbitration seat. The committee behind the London Principles was led by Lord Goldsmith QC (of Debevoise & Plimpton) and CIArb companion Douglas Jones AO.
To give the principles life, GAR and the CIArb decided to put them to use in a survey.
The first ratings will be published next year and will cover Hong Kong, London, New York, Paris, Singapore and Switzerland (both Geneva and Zurich). Further seats will be added in future editions.
Ratings will be decided, initially, by a special panel of advisers. This panel consists of Francísco Cossío (González de Cossío Abogados), Daniel Kalderimis (Chapman Tripp), Sae Youn Kim (Yulchon), Larry Schaner (Schaner Dispute Resolution) and Nathalie Voser (Schellenberg Wittmer), all convened by professor Janet Walker (Arbitration Place).
Together the ‘assessment panel’ will provide a confidential report to the project’s co-chairs, Goldsmith and Jones, who will take the final view. They will benefit from input from another special panel – the ‘oversight board’.
The assessment panel would like to work from submissions provided by CIArb members and GAR readers.
You are therefore cordially invited to tell us what you think.
To that end we’ve created an online survey to fill out. Select a seat, and a principle, and leave a comment on how the seat performs. Done! You can comment on as many, or as few seats, as you wish per form. Ditto for principles. You can also append supporting documents. You can exit the survey at any time.
All contributions will be treated in the strictest confidence.
The survey will be open until 2 November.
The GAR-CIArb index will be published Spring 2018.
We do hope you can find a moment to join in.
You can access the survey here.
If you have any questions about the project, please write to GAR's publisher David Samuels (david.samuels @globalarbitrationreview.com).