Damages analyses in international arbitration matters have become increasingly complex and will become even more so as disputes arise in new areas such as climate change, human rights, seabed and space mining, and satellite constellations. As such, damages experts face a growing need to adapt their assessments to the continuously evolving nature of these topics and to present their analyses in a clear and precise manner.

In the Global Arbitration Review’s Guide to Damages in International Arbitration, Senior Managing Directors Julie M. Carey and Christian Dippon and Director Ralph Meghames summarize key economic considerations when deriving a proper assessment of damages and provide a corresponding checklist for arbitrators. The authors hope the chapter will help ease the burden on arbitrators when they are evaluating whether the damages estimates presented are reasonable and accurate reflections of economic harm suffered. The authors further aim to empower arbitrators to render damages awards rooted in solid economic theory that are presumably enforceable, ultimately leading to a favorable environment for investments.