"Arbitration is an increasingly popular choice for commercial dispute resolution within the international business community" write Kiera Gans and Amy Billing with Corporate Counsel
. Gans and Billing note that, while arbitration is popular, it is receiving some criticism that it's not meeting is goal of an expeditious and cost-effective technique. Arbitral institutions, in response to the criticism, have changed some of their rules as outlined in Corporate Counsel's article
. Gans and Billing also provide an extraordinarily useful chart
highlighting some of the most recent rules changes from five international arbitration institutions.