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Review: The Principles and Practice of International Commercial Arbitration

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The Principles and Practice of International Commercial Arbitration provides the reader with immediate access to understanding the world of international arbitration. Arbitration has become the dispute resolution method of choice in international transactions. This book explains how and why arbitration works. It provides the legal and regulatory framework for international arbitration, as well as practical strategies to follow and pitfalls to avoid. It is short and readable, but comprehensive in its coverage of the basic requirements, including the most recent changes in arbitration laws, rules, and guidelines. In the book, the author includes insights from numerous international arbitrators and counsel, who tell firsthand about their own experiences of arbitration and their views of the best arbitration practices. Throughout the book, the principles of arbitration are supported and explained by the practice, providing a concrete approach to an important means of resolving disputes.

Review:

Margaret Moses did an excellent job of filling in the preexisting gap of a lack of a concise, annotated hornbook/study guide on International Commercial Arbitration. Her book is a kind of cross between a “Nutshell” and a “Hornbook”, designed to teach students or anyone who wants an introduction to this area. It covers all the topics a student in the typical ICA course is likely to need to know. Of course, like any other book it can get dated, and certain things, such as the Supreme Court’s decision in Hall Street, are not in the book, but that’s obviously not the author’s fault. I highly recommend this book to anyone who is in or is going to take a course in ICA, or someone who can’t or won’t take such a course but wants to know the basics. Definitely way better than anything else on the topic in this area, and not too expensive either!