The tenth edition of the Global Arbitration Review (“GAR”) 100 has been published with astonishing results. The GAR 100 is the authority on the International Arbitration world, and this edition shows how the shape of this practice has evolved over the last ten years. Ten years ago, “big law” was ruling the show but now we are seeing an incredible surge in boutique law firms attracting major cases with billions of dollars at stake.
“You only need to look at Betto Seraglini in Paris or the global boutique law firm Three Crowns to see how much prominence smaller law firms are having in this area”, says Nick Crasner, Founding Partner of Crasner Consulting. “The Arbitration market is fascinating and the trend of launching boutiques is running in parallel to all of the major global law firms beefing up their practices, and specialist Dispute Resolution law firms like Quinn Emanuel raiding the traditional silver circle and magic circle firms to expand their operations around the world. I predict that we will continue to see law firms investing very heavily in this practice areas to attract talented Partners and the next generation of Partners all over the world.”