The London International Disputes Week (LIDW) 2024 commenced with unprecedented enthusiasm, drawing over 7,000 participants from nearly 100 countries—twice the number from last year. This event, themed “Uniting for Global Challenge and Opportunity,” underscores London’s critical role in international dispute resolution and its dedication to diversity, inclusion, and the rule of law.
Keynote Insights from Lady Chief Justice
The conference was inaugurated by the Rt Hon. the Baroness Carr of Walton-on-the-Hill, Lady Chief Justice of England and Wales. She emphasized the importance of integrating negotiation, arbitration, and litigation, stating, “The perfect triumvirate for dispute resolution involves negotiation, arbitration, and litigation.” She highlighted London’s expertise and the anticipated reforms to the Arbitration Act 1996, referencing the Law Commission’s work. A notable point was the cross-fertilization of expertise among professionals, illustrated by the Court of Appeal’s decision in Churchill v Merthyr Tydfil County Borough Council, which reinforced the power to mandate ADR in litigation.
Balancing Risk and Values in a Modern World
The first session tackled the delicate balance between sustainability, ESG objectives, and dispute protection. Chaired by Moira Thompson Oliver from Slaughter and May, the panel featured industry leaders like Nicola Cobb from FTI Consulting and Shaheed Fatima KC from Blackstone Chambers. Discussions highlighted the broad scope of ESG litigation, beyond just climate issues, stressing strategic litigation’s varied spectrum.
The AI Revolution in Law
A captivating session on AI’s impact on the legal field was chaired by Minesh Tanna from Simmons & Simmons LLP. An exclusive address by Professor Richard Susskind OBE KC (Hon) remarked, “The short-term impact of AI is overstated while its long-term impact is understated.” Panelists discussed public trust in AI and its transformative potential in dispute resolution.
Navigating Global Enforcement Challenges
Justice Henshaw led a session on enforcing judgments and awards across borders. Panellists like James E. Berger from DLA Piper and Jennifer Craven from Pinsent Masons LLP discussed post-Brexit enforcement and strategic asset preservation, noting Dubai Courts’ innovative approaches to debtor asset history.
Fireside Chat: State Disputes
Former Australian Prime Minister Julia Gillard AC and Lord (Peter) Goldsmith KC, former UK Attorney General, shared insights on resolving disputes involving states and state entities. Their discussion highlighted unique strategies and challenges in this complex area.
Future Predictions in Dispute Funding
The future of dispute funding was explored in a panel led by Julian Chamberlayne of Stewarts. Senior in-house lawyers and notable figures like Mrs. Justice Cockerill discussed the evolving funding landscape in the UK, EU, and beyond, emphasizing client needs in the current international business environment.
Closing Remarks and Global Cooperation
The day concluded with a keynote by Meg Kinnear, Secretary-General of ICSID and Vice-President of the World Bank, who underscored the importance of innovation and global collaboration in international dispute resolution.
LIDW 2024 continues with more sessions and events, fostering rich discussions on the future of international dispute resolution.
