The Law Commission has recently issued its final report on the review of the Arbitration Act 1996. Commencing in March 2021, the review has been exhaustive and has encompassed two consultations.
As legal professionals and those closely following the arbitration legal space would know, the Law Commission, in its role as the independent body responsible for reviewing and recommending reforms to the law in England and Wales, undertook an extensive review of the Arbitration Act. This review has been noted several times in legal reports over the previous years – detailed insights from the consultations were discussed in blog posts in October 2022 and May 2023.
As of now, the final conclusions from this lengthy examination process have been shared with the public and legal professionals, and the broader legal community keenly expects to understand what the Law Commission’s findings could imply for the future of arbitration law.
For more detailed insights on the final report of the review of the Arbitration Act 1996, visit the official publication by Cooley LLP on JD Supra. It will surely equip legal practitioners with a comprehensive understanding of the outcomes from this major review and interpret the potential impacts on the arbitration landscape.