Overview
(April 13, 2023, Washington, DC) – Steptoe has been recognized by Global Arbitration Review (GAR) on the GAR 100 for the seventh consecutive year. The GAR 100 is a comprehensive and independent guide of firms "approved" for international arbitration by the publication's editors. The list covers practices that have regularly worked on international arbitration matters before credible arbitrators, irrespective of size or location—all audited by GAR.
The profile of Steptoe's international arbitration practice highlights some of the group's ongoing cases and recent achievements, which include: counseling the European Union in an $8 billion claim brought by the operator of the Nord Stream 2 pipeline; two ICSID awards worth $195 million against Zimbabwe for the former owners of farmland expropriated under the country's black economic empowerment program; a $55 million victory for engineering company Subsea 7 against Mexico’s state-owned petroleum monopoly Pemex; a $22 million award for Italian-owned entity Sunlodges against Tanzania over the expropriation of cattle farming land; and helping a US developer of "virtual reality" theme parks win a JAMS award requiring its UK partner to pay $45 million in capital contributions.
The profile also touches on last month’s hire of Jonathon Egerton-Peters, and the 2021 arrivals of partners Juliya Arbisman, Robby Mockler and Tom Watson; in addition to mentioning our clients including ConocoPhillips, ExxonMobil, Motorola, Inmarsat, Northern Dynasty Minerals, LG, Moldova and the European Union.
The full profile can be read at Global Arbitration Review (subscription required).
About Steptoe
In more than 100 years of practice, Steptoe has earned an international reputation for vigorous representation of clients before governmental agencies, successful advocacy in litigation and arbitration, and creative and practical advice in structuring business transactions. Steptoe has more than 500 lawyers and other professional staff across offices in Beijing, Brussels, Chicago, Hong Kong, London, Los Angeles, New York, San Francisco, and Washington. For more information, visit www.steptoe.com.
The diversity of the firm is a critical factor in its success. The majority of Steptoe's nine offices are managed by women; the majority of Steptoe’s practice groups have women as leaders; the firm’s fourteen-person elected compensation committee includes six women; and the firm's nine-person elected executive committee includes three women. The firm's eight-person professional business services leadership is equally diverse, with half the c-suite made up of women, including three women of color, and other leaders who openly identify as LGBTQ+.