The use of arbitration and mediation in the UK has risen dramatically in the wake of the financial crisis, according to research published by a new independent body of senior City figures.

The report, 'Dispute Resolution in London and the UK 2010′, which was released yesterday (20 September), is the first report to be published by TheCityUK's legal services and dispute resolution group, which is chaired by Serle Court's Khawar Qureshi QC (pictured).

Figures contained within the report show that the total number of disputes resolved through arbitration and mediation in the UK reached 34,541 in 2009, a 78% increase on the 2007 figure of 19,384.