Have you ever been frustrated that arbitration folk aren’t more literate – or rather numerate - in damages?
GAR has published a book for anyone who has.
Published this month, Global Arbitration Review’s The Guide to Damages in International Arbitration is a desktop reference work for those who’d like greater confidence when dealing with the numbers.
Over 386 pages, and 26 chapters, it covers all aspects of damages – from the legal principles applicable, to the main valuation techniques and their mechanics, to industry-specific questions, and topics such as tax and currency.
It is pitched at the entry level, keeping things simple and easy to follow. For example, for each of the major methodologies employed by damages experts the book describes the basics of the approach, the areas of general agreement, and the points at which consensus can break down. GAR and the editor hope that by providing some detail, but not too much, the book will act as a compass for non-accountants and non-economists that enables them to argue or umpire the damages part of cases more effectively.
"The book is a useful compendium of some of the most central damages concepts. It is easy to read and user-friendly…Throughout the book, there are valuable elements for both the novice and the veteran international arbitration practitioner. The book achieves what it set out to do – it provides an “entry level” overview “keeping things simple and easy to follow” all the while discussing the “main valuation techniques and their mechanics”. It is a welcome addition to the limited universe of books dealing with the important issue of damages in international arbitrations."
- Lisa M. Richman
Partner, McDermott Will & Emery LLP
"The Global Arbitration Review Guide to Damages in International Arbitration covers most issues likely to be faced by arbitrators, counsel and experts. The twenty-six chapters are written by experts in their respective fields. Their advice is down to earth and practical. The Guide fulfills the aim described by John Trenor in his Introduction: “ to make the subject of damages in international arbitration more understandable and less intimidating for arbitrators and other participants in the field and to help participants present these issues more effectively to tribunals.”
- Anthony Connerty
Barrister in practice, IDR Group and 4-5 Gray's Inn Square