International Arbitration Yearbook 2024-2025

Welcome to the 18th edition of the Baker McKenzie International Arbitration Yearbook. We are pleased to bring you our analysis of notable developments in international arbitration over the past year from over 40 jurisdictions worldwide.

As with the editions before it, the 2024-2025 yearbook covers important legislative and case law updates from each jurisdiction. This includes:

• • New arbitral rules from many institutions, including SIAC (Singapore) and HKIAC (Hong Kong), and details about ArbitrateAD – a new arbitration centre opened in 2024 in Abu Dhabi
• • The ongoing reform of arbitration legislation in several jurisdictions, including Argentina, Belgium, France, Germany, Italy, Japan, the UK and Vietnam
• • The latest case law on the recognition and enforcement of foreign arbitral awards under the New York Convention, ratified in 172 jurisdictions worldwide
• • Recent reforms and case law around sanctions and corruption, and the use of third-party funding in arbitration
• • Important investment arbitration cases and developments, including continued scrutiny of the Energy Charter Treaty, its impact on climate change policies, and the withdrawal of states from the Treaty.

I trust you will find our coverage of these, and many other important topics, to be of interest. Such breadth of coverage is only possible because of Baker McKenzie’s truly global presence. Our international arbitration team is the largest, busiest and most ranked arbitration team in the world. With over 200 practitioners, we have acted in hearings in every major center, allowing us to offer unrivaled insights into the state of arbitration right across the globe.

Finally, we extend our thanks to Andrew Bennett, Sarah Fox, Paul Allanigue, Ben Roe, Markus Altenkirch and Maria Barros Mota, and to our vast network of colleagues and friends who have contributed to this international team effort.

Andy Moody
Global Chair, International Arbitration

Asia Pacific

Europe, Middle East, and Africa

The Americas