01777 2200217 4500001002100000005001500021035002000036007000300056008004100059020001800100082001400118084002000132100002400152245012900176260005000305300002900355650002700384520109800411990002501509990002501534INLIS00000000001086120221212113157 a0010-1222000074ta221212 g 0 eng  a90-411-2499-3 a347.09076 a347.09076 BER p0 aBerger, Klaus Peter1 aPrivate Dispute Resolution in International Business Volume II :bNegotiation, Mediation, Artbitration /cKlaus Peter Berger aNetherland :bKluwer Law International,c2006 axxxiii, 637 hlm ;c29 cm 4aInternational Business aInternational business has always favored Private Dispute Resolution out- side domestic courts. This practice has increased dramatically over the past decades. Almost every dispute resolution process is preceded by more or less intense negotiations between the respective managers who are in charge of the project. Almost 90 per cent of major international commercial con- tracts contain an arbitration clause and international contract practice is making increasing use of mediation. Some commercial contracts contain highly sophisticated 'multi-tier' dispute resolution clauses which require the parties to reach a settlement of their disputes by going through consecutive steps of different Private Dispute Resolution processes. As a consequence of these developments, every major international law firm has a dispute resolu- tion group. Legal departments of major companies are likewise discovering the benefits and cost-saving effects of pro-active dispute management, espe- cially in light of the high potential for Private Dispute Resolution to preserve valuable business relationships. a10162/MKRI-P/XI-2008 a10161/MKRI-P/XI-2008