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The first book of its type, this new edition gives you complete coverage of UNCITRAL's Model Law on International Commercial Arbitration and now additionally the new UNCITRAL Model Law on International Commercial Conciliation, giving you all the information that you will need when contemplating arbitration in one of the "Model Law Countries" and enabling you to ascertain what you can expect in each jurisdiction. Clearly and analytically, Dr Peter Binder gives you the reasons for, and policies behind UNCITRAL's Model Laws. This highly specialised and detailed work draws attention to and evaluates the different views on the provisions and their practical implications. With an examination of over fifty national adoptions of the model laws (including the world's top ADR locations), Dr Binder gives you a complete picture of global practice. This is a feature unique to this book, and is of essential value to practitioners and enacting governments alike.