CO-ARBITRATION
From Wisdom to Foresight – Co-creating the future of Arbitration
Co-Arbitration is a joint initiative of CIICA and CIICA YAG that will, as a first step, bring together experienced arbitration practitioners (“Arbitration Boomers”) and young arbitration practitioners (“Arbitration Genials”) to discuss the current and future opportunities and challenges in the field of arbitration with a view to co-creating a brighter, more meaningful future of arbitration that fulfills the true promise of arbitration for all its stakeholders especially its users across the globe.
Conceptual Overview and Background
While the field of arbitration has grown rapidly during the past couple of decades, it continues to face certain challenges involving effectiveness, legitimacy, enforcement, a lack of diversity and now, more than ever, technology. All the same, it also holds many promises and offers opportunities with the rise of new arbitration hubs and a surge in adoption of arbitration in the new and evolving sectors/industries.
Co-Arbitration, a ground-breaking inter-generational and inter-stakeholder dialogue launched by CIICA in collaboration with CIICA Young Arbitration Group (YAG), will address these challenges and explore opportunities, not through debate, but through collaboration.
Inspired by Tim Berners-Lee’s concept of Co-Creativity, Co-Arbitration will, as a first step, bring together the hindsight and institutional wisdom of senior arbitration practitioners (“Arbitration Boomers”) and the curiosity, foresight, and innovation of the next generation (“Arbitration Genials”) to jointly design the future of arbitration.
Participants
- Arbitration Boomers
Experienced arbitration practitioners (Over 45) and architects of arbitration’s growth and builders of institutions.
- Arbitration Genials
A combined cohort of Millennials (30–45): system-aware reformers; and Gen Z (20s): digital-native challengers.
In Co-Arbitration, these Boomers and Genials will not engage in a dialogue as equal co-creators of arbitration’s future.
Format & Methodology
1- Hindsight
Arbitration Boomers will reflect on and analyze:
- What arbitration got right
- What arbitration did not get right
- What no longer works or will not work in the future
2- Foresight
Arbitration Genials propose:
- What must change
- What must be abandoned
- What must be built next
3- Collective Output
Ideas, principles, joint statements (preferably firm commitments) and action plans
Key Themes
- The future of arbitral legitimacy
- User reality vs. Practitioners’ design
- Technology, AI, and generational responsibility
- Training and preparing the practitioners of the future
- Rethinking procedure, costs, and time
- Institutional evolution vs. disruption
- Inter-generational stewardship of arbitration
Objectives
- Convert experience and imagination into actionable ideas
- Bridge generational and stakeholder silos in arbitration
- Institutionalize inter-generational and inter-stakeholder co-creation
- Generate concrete, actionable outcomes
Through Co-Arbitration, CIICA aims to combine its disruptive passion, trailblazing spirit and unwavering commitment to being an agent of transformative and enduring change and affirm its belief that the future of arbitration cannot and should not be inherited, it must be co-created.