The International Bar Association (IBA) and legal tech company Jus Mundi have launched a worldwide collaborative partnership to collect non-confidential commercial arbitration awards and make them easily accessible to the global legal community, in what is an important data sharing project.
The ‘IBA x Jus Mundi Partnership‘ said that this is the first ever collaborative initiative of its kind to address the global inaccessibility issue around commercial arbitration.
The project matters because arbitrations, unlike court hearings, tend to be held in private. This can leave a very important segment of the legal world often shrouded in mystery. Collecting together arbitral awards – where they are made public – from across the world, will therefore benefit the legal sector as a whole.
Also, when an organisation as large as the IBA gets involved it is always a significant event, given that it has 80,000 members globally, with representatives from nearly every country on the planet.
Meanwhile, Jus Mundi – which Artificial Lawyer featured last year – will use NLP to structure the global legal data to enhance lawyers’ decisions in relation to international law and arbitration. All of the data that is sent to the project will be ‘pseudonymized’.
Gaetan Verhoosel, Partner at Three Crowns, a specialist arbitration firm, and Philippe Pinsolle, Head of international arbitration for continental Europe, Quinn Emanuel, and present Co-Chairs of the Arbitration Committee, commented: ‘We are delighted with this partnership between the Arbitration Committee and Jus Mundi, which will provide practitioners and scholars around the world with free access to an extensive, searchable database of arbitral awards and significantly enhance the legal community’s ability to identify and analyse legal developments in key areas in a variety of legal systems.’
Marie-Hélène Ludwig, head of legal content at Jus Mundi, and Jean-Rémi de Maistre, CEO of Jus Mundi, commented: ‘This global collaborative ecosystem will make commercial arbitration readily available on Jus Mundi by bringing together the international legal community.
‘We hope everyone benefits from this first-of-its-kind initiative to improve legal understanding, decision-making, and efficiency.’
To learn more about the partnership or send a non-confidential arbitration award to the team, please visit the partnership’s website here.
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