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Following the success of the first and second editions of this work, the third edition now extends to some 57 jurisdictions and we are fortunate, once again, to have the benefit of incisive views and commentary from distinguished legal practitioners in each jurisdiction. Each chapter has been extensively updated to reflect recent events and provide a snapshot of key developments expected in the next year.
The fallout from the credit crunch and the ensuing new world economic order has accelerated the political will for greater international consistency, accountability and solidarity between states. Governments’ increasing emphasis on national and cross-border regulation – particularly in the financial sector – has contributed to the proliferation of legislation. This in turn has sparked growth in the number of disputes, as regulators and the regulated take their first steps in the new environment in which they find themselves.
The challenging economic climate of the last few years has also led clients to look increasingly outside the traditional methods of settling disputes and consider more carefully whether the alternative methods outlined in each chapter of this book may offer a more economic solution. As is often the case, the challenge facing practitioners is to keep abreast of the rapidly evolving legal landscape and fashion their practice to ensure that they remain effective, competitive and highly responsive to client objectives while maintaining quality. This annually updated review, with its extensive global coverage and high-level analysis of foreign legal frameworks is an invaluable resource to professionals faced with dispute resolution beyond their own borders.