Let’s be honest; it is rather common for international contracts to contain an arbitration clause offering for the institution of arbitration proceedings to resolve disputes between parties. While parties are not typically needed to use lawyers in arbitrations, it is highly recommended for all but the smallest cases.
But, the truth remains, what does an arbitration lawyer Singapore do? In this simple guide, we will take you through some of the things you should expect from arbitration lawyers. Keep reading to uncover more!
Among the first tasks that an arbitration lawyer Singapore should perform is determining whether arbitration against an opposing party is worthwhile from a legal, as well as financial, standpoint, and to determine the ideal case strategy. In this regard, the best arbitration lawyer Singapore should assess the strengths and weaknesses of the client’s legal case, including the claims and defenses that can validly be made.
Moreover, they should assess jurisdictional issues, as well as enforcement issues, that may arise. It doesn’t end at that since a good arbitration lawyer Singapore should advise the client on whether initiating an arbitration is recommended or not, as well as the possible risks of doing so.
The best arbitration lawyer Singapore should assist their clients in every step of the arbitration procedure, which may require thousands of hours of work over 12-24 months, is almost never performed adequately without counsel. It entails the initiation of the arbitration by preparing and filing a request for arbitration, or filing the initial answer to a request for arbitration.
Your arbitration lawyer Singapore needs to prepare for oral hearings including the preparation of skeleton arguments, opening statements, cross-examinations and hearing logistics. The same applies for assisting with the recognition, enforcement and execution of the arbitration reward, if an award is not complied with sincerely.
There is more to working with an arbitration lawyer Singapore than merely what is included in this quick guide. Either way, you need to be sure that you’re working with leading lawyers in Singapore to stand a better chance of reaping maximum benefits.
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