News In Focus
Scottish Arbitration Centre launches membership scheme
The Scottish Arbitration Centre has marked its first anniversary by launching an individual and corporate membership scheme.
A number of international arbitration centres have membership schemes. Under the SAC scheme the names and email addresses of individual members will be published on the Centre’s website; corporate membership includes the firm logo and website link. Members will also receive the Centre’s new quarterly e-newsletter, advance notice of training events, and discounted rates for Centre events or room hire.
Andrew Mackenzie, chief executive of the Centre, announced that a number of firms have already signed up as corporate members, including Brodies LLP, Burness LLP, Dundas & Wilson LLP, Hill International, Hogan Lovells, Hunter Consulting, and McClure Naismith LLP. Solicitor advocate Craig Connal QC has become the first individual member.
Mr Mackenzie commented: “We are delighted that so many firms and individuals, both domestic and international, have already signed up today to be members.
"The Centre is a long term investment to create a new industry of arbitration in Scotland to support growth and increase business. We believe this will lead to significant benefits for relevant practitioners, and we hope many more individuals and firms will become members and work with us to achieve that goal.”
Annual individual membership is £70 (£40 for academics). Annual corporate membership costs £250 for up to four individuals, and thereafter £40 for each additional member. For details contact email@example.com
Reviewing the SAC's first year, Mr Mackenzie said it had achieved a lot, given its limited resources. "We have established a credible Centre to facilitate ad hoc arbitrations, and promote Scottish arbitration and Scotland as a place to arbitrate. Indeed, much of my work has focused on promoting the fact that Scotland offers a neutral, affordable, attractive, English-speaking venue for arbitration, and, anecdotally, we understand arbitration has increased."
He added: "There appears to be substantial goodwill for our aims and objectives. We are delighted that those involved in arbitration, both domestic and international, have welcomed our ambition and see the potential draw that Scotland holds. Our intention to focus on energy arbitration has also been well received, especially given Scotland's location between the USA and the Middle East."
SAC is in the process of developing a serviced arbitration centre. The next step will be to launch its institutional rules, which are in development.