S'pore rated highly as seat of international arbitration: study

[SINGAPORE] Singapore's standing as a preferred seat of international arbitration is not only growing, but will be supported by the region becoming one of the most popular choices for international arbitration in the future.

This is according to a global report from international law firm Berwin Leighton Paisner (BLP), which surveyed 53 legal practitioners - including lawyers working in law firms, as well as corporate counsel - from 34 jurisdictions.

The bulk (85 per cent) of the respondents said they were regular users of international arbitration, while more than two-thirds said their firm or organisation had practitioners who sat as arbitrators.