Professor Pamela Bookman’s expert contribution to a report by Portland Communications about the London Commercial Courts was quoted in the Law Gazette.
London’s commercial courts had a record caseload last year despite the pandemic – but there is no room for complacency about the City’s position in the international dispute resolution market, an authoritative annual survey reports.
According to the latest Commercial Courts Report, published by Portland Communications, in the 12 months to 30 March 2021, the business and property courts handed down 292 judgments, 47% up on the previous year. So far, the courts have proved resilient to the potential effects of the lockdown and the fallout from Brexit, the report observes.
Overall, the report concludes that the City cannot afford to be complacent about its role as a dispute resolution hub. Alongside the foreign courts, which may begin siphoning off cases that otherwise might have gone to London, ‘arbitration still appears to be a more formidable competitor than the international commercial courts’, Pamela Bookman of Fordham University comments in the report.