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1. This clause as drafted is not correct. Instead it should read "Choice of Law and Venue. This Agreement shall be governed by and construed in accordance with the laws of England & Wales. The parties agree to submit any dispute or controversy arising out of, or relating to this client agreement to binding arbitration in England & Wales, pursuant to the rules of the UK Arbitration Association. The costs of the arbitration shall be in the discretion of the arbitrator but subject to the principle that the party prevailing shall have their costs discharged by the losing party."
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