By Amanda Montano, Associate, and Theodora Okocha, Trainee

Although parties rarely consider dispute resolution provisions in any great detail at the contractual negotiation stage of a transaction, they should. Time spent on considering these issues at the outset will ultimately prove to be invaluable down the road should a dispute occur, saving time, costs and energy in the long run.

At the latest Trade & Export Finance Webinar, we looked at key considerations parties should take into account when opting for litigation versus arbitration and offered some practical tips to bear in mind for drafting dispute resolution provisions for your contracts.