NYIAC Reports: International Surveys Find New York Is Most Favored Arbitration Site
Recent international arbitration surveys list New York as the most favored arbitration site in the United States for commercial disputes. Studies conducted by University of Leicester (England) Law School and Queen Mary University in London found that the respective survey populations favored New York as an arbitration over any other U.S. city. The Leicester survey found that 66 percent of those surveyed preferred New York as a U.S. arbitration venue. Miami, preferred by 15 percent of those surveyed, placed second. Meanwhile, the Queen Mary’s survey focusing on European and other non-U.S. commercial arbitration participants found New York to be the leading U.S. site, with no other U.S. city finding it’s way into the conversation for best commercial arbitration venues.
Read more about these studies here.
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