A case placed in the TIC List will benefit from additional case management features suited to the expeditious resolution of technically complex disputes. The TIC List would enhance the dispute resolution landscape for complex disputes, and result in time and costs savings for all parties involved.
The proposed amendments will provide, for the first time in Singapore, a framework for conditional fee agreements (“CFAs”) to be entered into between lawyers and clients in selected proceedings. As a start, these include international and domestic arbitration proceedings, certain proceedings in the Singapore International Commercial Court (“SICC”), and related court and mediation proceedings.
The SMC is trusted by disputants to appoint the mediator for their matter and to administer the mediation promptly and smoothly. With a settlement rate of 70 per cent, the SMC has not disappointed the public’s trust, and this institutional model has offered a high level of predictability to users.
The evolution of joint sessions and opening practice in mediation reveals the true value of facilitated negotiation. While the process has changed over time, the primary goal is still the same: to set the stage for a positive experience that results in a resolution.
In the mediation process, there are no winners and no losers, since it is intended to lead to an agreeable resolution of the dispute, whatever its nature, with the participants themselves retaining the power over the process.
Taking a pass is an easy out. However, does that make it a good idea? Should it be the rule, rather than the exception? Is forgoing the opening statement in the client’s best interests?
The Australian Government has reinforced its commitment to mediation as a method of international commercial dispute resolution with the signing of the United Nations Convention on International Settlement Agreements Resulting from Mediation, also known as the Singapore Convention.
Online Mediation providers must treat all parties impartially and in line with due process, without bias or benefits for or against individuals, groups, or entities.
About two-thirds of reported cases of workplace discrimination are not substantiated, and the majority of these are misunderstandings that are subsequently clarified and not pursued further by either party.
There is even greater need for a good dispute resolution mechanism now, with the Covid-19 pandemic, rising geopolitical tensions and trade protectionism issues leading to more disputes, said Law and Home Affairs Minister K. Shanmugam.