In our last Blog entry, the Author wrote of the necessity of arbitrators, lawyers, arbitral institutions -- indeed, the entirety of the arbitration profession -- to adapt to the new day that has been brought about by COVID-19 and its impact on every facet of everyday life. His message was straightforward -- as arbitrators and as consumers of arbitration services -- we must adapt to the new reality of online arbitration proceedings or perish. In other words, “Root, hog or …
Virtual Arbitration
It Is Not the Strongest of the Species that Survives But the Most Adaptable: The Case For Online Commercial Arbitration
Variations of the quote “It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is most adaptable to change,” are often attributed to Charles Darwin. Those may have not been Darwin’s exact words but the point stands that survival requires adaptation. That stands true in the world of commercial arbitration as well. For decades, parties, counsel and arbitrators have enjoyed the benefits provided by arbitration, among those: relatively …