Increasingly, international arbitration practitioners are using mock arbitrations – like mock jury trials in the United States – as a valuable tool to assess the strengths and weaknesses of a party’s position and develop an effective way to present their case in the real arbitration. Claudia Salomon and Peter Durning of Latham & Watkins highlight what must be considered to ensure the exercise is calibrated to the needs of the case.
There is no one-size-fits-all approach to organising a mock arbitration but there are factors to consider – including who to place on the tribunal; what subject matter cover; when to hold the hearing and how to incorporate feedback.
There’s also the big “why” – the strategic goals of the exercise.
By carefully tailoring the mock arbitration to the needs of a specific case, counsel can make the most of it. Here’s what we think they should consider.
Read the full article here: https://www.fedarb.com/wp-content/uploads/2019/05/Making-the-most-of-mock-arbitrations-Claudia-Salomon.pdf