International Commercial Arbitration Q2 2023

This update explores trends and developments in international commercial arbitration seen from a Norwegian perspective.

In the second quarter of 2023, the big trend is still the ongoing discussions on the potential impact of AI and especially generative language models like ChatGPT. The debate on other aspects of the digital development is also ongoing. As professor Richard Susskind writes in his third edition of "Tomorrow's Lawyers – An Introduction to your Future": "[...] I believe we should be increasing our use of virtual hearings, online courts, and online dispute resolution."

Virtual arbitration hearings have already been here for some time, but we believe there is still a way to go before we see "online arbitration". However, we will keep monitoring and share our thoughts on best practice use of AI in the current framework for international commercial arbitration.