Pros and Cons of International Commercial Arbitration: An Analysis by Wragge & Co.

See here.

Among the advantages are:

Enforceability, Neutrality, Flexibility, Privacy and Confidentiality, Finality, Ability to Select Arbitrators. 

 

Among the disadvantages are:

Procedural hurdles, Joiner, Speed & Cost, Pre-emptive remedial measures. 

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