Mike Paisner’s Article - Two Cheers for Americanization: Helping International Arbitration Reach Its Full Potential – Featured in New York Dispute Resolution Lawyer

International commercial arbitration has long been touted as the most efficient method of dispute resolution for cross-border business disputes. Yet, for decades, businesses and commentators have criticized the process as too slow and expensive and for sharing many of the downsides of litigation in formal court systems. These criticisms often take the form of laments about the “Americanization” of international arbitration – a term that, in the world of international arbitration, is rarely intended as a compliment. But this article (pace Marc Antony) comes to praise Americanization (at least partially), not to bury it. And that is because expanded adoption of several aspects of the American litigation system could help international arbitration reach its full potential as a better, faster and more efficient alternative for cross-border business dispute resolution.