HKA

This Practice Note provides practical guidance on the use of damages experts in international commercial and investment arbitration. This Practice Note considers: when a damages expert (witness) is necessary; the pros and cons (or advantages and disadvantages) of using damages (or quantum) experts; the best way to bring an expert on board; identifying the right expert; and, tips for working with experts. This topic may be referred to as: the function and role of damages experts; the role of experts in assessing damages (or quantum); a guide to damages in international arbitration; an expert’s perspective on damages; and, calculating damages in international arbitration.

This Practice Note sets out the functions of bills of quantities (‘BoQs’), what parties should consider and what BoQs contain, as well as some practical tips.

This Practice Note summarises what the Information Release Schedule (IRS) is, its role in the JCT contracts and some practical points to consider when using the IRS and incorporating it into a JCT contract.