Aleksi Komulainen started as a legal trainee at the FAI

Aleksi Komulainen started as a part-time legal trainee at the FAI. Komulainen is a fourth-year law student at the University of Turku. In addition to his other studies, he is currently participating in the Vis Moot, one of the biggest and most prestigious moot court competitions in the world.

At the FAI, Komulainen will first participate in developing the FAI data system. In addition to that, he will assist in case management, communications, organisation of events and various research tasks at the institute. Continue reading

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Record number of 101 new cases filed with the Finland Arbitration Institute (FAI) in 2020

In the year 2020, the FAI received a record number of 101 new requests for arbitration. This translates into a growth of 50 percent in comparison to 2019 (67 RfAs) and 25 percent in comparison to the previous record year 2013 (80 RfAs).

 

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Six Questions to Tero Artimo

 

Six Questions to Tero Artimo, Partner at Artimo & Co, FAI Board Member

What is the most enjoyable part of your work?

Independence and autonomy: Having both control and freedom within the job. My clients set the goals but I get to select the strategy and means. Variability and diversity: every assignment is different and presents a new challenge, which enables one to learn and evolve professionally.

What is most challenging in your work?

It seems I still give too much time and resources to work at the expense of my family and personal well-being. Adjusting the workload to a balanced level is anything but easy. Continue reading

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The 6th edition of Finnish Arbitration Academy was completed by 35 participants

 

The Finnish Arbitration Academy is a programme organised by the FAI to ensure that the pool of qualified arbitration practitioners will continue to grow in Finland. More than 180 lawyers have already completed the Academy.

 

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COVID-19 Pandemic and FAI Arbitrations

 

The COVID-19 pandemic has an impact on the daily life of all businesses and citizens in some way. Further, the pandemic also affects arbitral proceedings, as traditional practices and agreed timetables may prove difficult to adhere to.

In these exceptional circumstances, it is increasingly important that arbitration offers an expeditious, flexible and reliable way of resolving disputes and providing access to justice. Speed and efficiency are important in already ongoing proceedings, but also in new disputes that may arise as a result of contractual disruptions in a difficult economic and business environment.

The FAI continues to be fully operational

The FAI continues to manage its ongoing proceedings and ensures the management of new proceedings without undue delay. Already prior to the pandemic, the FAI administered its disputes mainly electronically.

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Erkko Meri appointed as a Case Manager at the FAI

 

Erkko Meri has joined the FAI team as a Case Manager as of 15 April 2020.

Prior to joining the FAI, Meri was working as a Lawyer at the Entrepreneurship and Business Environment Team of the Finland Chamber of Commerce. He has experience as an in-house lawyer at Signom Ltd and also as a legal trainee at law firm Hästö & Co. Mr Meri speaks professional English and Swedish, in addition native Finnish.

”I’m looking forward to deepening my understanding of dispute resolution at the FAI. Effective dispute resolution is, in the end, what makes rights and contracts relevant. I’m sure I will enjoy the inspiring and energetic spirit at the Institute and I hope that I will be able to contribute to its growth”, Meri says.

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Tanja Volanen started as a Case Manager in the FAI Specialisation Programme for Arbitration Lawyers

 

Tanja Volanen has started as a Case Manager at the FAI. Ms Volanen is the first case manager to join the FAI Specialisation Programme for Arbitration Lawyers, a two-year programme completed whilst working as a Case Manager at the Institute.

In addition to case management work, as part of the FAI Specialisation Programme for Arbitration Lawyers Ms Volanen will participate in the Finnish Arbitration Academy which will be organised starting in October 2020, as well as in other national and international FAI events. In the FAI Specialisation Programme, Ms Volanen will be supported in developing her expertise in arbitration, creating her network in the arbitration community and also publishing in arbitration.

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A Review of the FAI’s Year 2019

 

A Review of the FAI’s Year 2019

The year 2019 was full of action at the FAI. The FAI Arbitration Rules and Rules for Expedited Arbitration were revised, entering into force on 1 January 2020. Mr Santtu Turunen was appointed as new Secretary General to head the FAI Secretariat. New Finnish and international Board members began their terms. In May, the FAI hosted the 15th IFCAI Biennial Conference in Helsinki. The FAI launched a specialisation programme for arbitration lawyers.

The key statistics were positive: The new filings increased by 10 percent compared to the previous year, reaching 67 cases by the end of the year. The median duration of FAI arbitration remained at an excellent level of 8 months after transfer of the case file to the tribunal, and at 3 months in FAI expedited arbitrations.

Please find below some brief comments on selected highlights of the FAI statistics and a brief account of the highlights of FAI activities in 2019. Continue reading

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Six Questions to Toomas Vaher

 

Six Questions to Toomas Vaher, Partner at Ellex Raidla, FAI Board Member

What is the most enjoyable part of your work?

Building strategy for an anticipated dispute and achieving results without the need to start one.

What is most challenging in your work?

To adapt to bending the rules and causing delays in an otherwise simple proceeding. Over-regulation of matters.

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Updated dates for 9th DIS Baltic Arbitration Days 2020

The FAI continues as the Media Partner of the DIS Baltic Arbitration Days. The 9th edition of the BAD will be organised both online and on site in Riga, Latvia, from Sunday 16th to Monday 17th of August 2020. The topics of the conference are arbitration in transport related disputes, arbitration and IT, third party financing in arbitration disputes in CEE and an update on investment arbitration. The focus countries are Israel, Russian Federation, Switzerland and Ukraine. The program and link to registration are available here. The registration is kindly required even if you plan to participate online.

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