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Anastasiya Ugale
Anastasiya Ugale

About

Anastasiya Ugale

Investor-State and Commercial Arbitration Counsel

I build cross-border arbitration teams for disputes that do not fit within one jurisdiction, one legal system, or one firm.

Who I am

I am an independent international arbitration counsel, admitted to the Washington, D.C. and New York bars, and based in Washington, D.C.

Over the past fifteen years, I have worked on seventeen investor-State arbitrations under the ICSID Convention, the UNCITRAL Arbitration Rules, and other institutional frameworks, as well as international commercial arbitrations under the ICC, LCIA, and SCC rules.

My practice is focused on investor-State dispute settlement (ISDS) and international commercial arbitration, with particular depth in:

  • ICSID Arbitration Rules; I am co-author of an authoritative commentary on the 2022 ICSID Arbitration Rules.
  • The bilateral and multilateral investment treaty network of the CIS, Central Asia, the Balkans, and the Baltic states.

I have acted in disputes arising under bilateral investment treaties including, for example, the Canada–USSR, Netherlands–Uzbekistan, Turkey–Uzbekistan, USA–Moldova, and Latvia–Ukraine bilateral investment treaties, as well as under the Energy Charter Treaty and other investment instruments.

My cases have spanned the energy, mining, technology, infrastructure, food and hospitality, and telecommunications sectors, typically in the range of USD 10–500 million in dispute.

I am also a Member of the Chartered Institute of Arbitrators (MCIArb).

Access resources on my arbitration practice

17Investment arbitrations
15+years in practice
3languages

Why I opened my practice

I opened my independent practice in 2017, after almost a decade in large international law firms and international organizations, advising on public international law and representing sovereign states, investors, and corporate entities in treaty and commercial arbitrations across multiple jurisdictions and arbitral fora.

International arbitration has long been structured around large-firm economics: high hourly rates, deep teams, and overhead that clients absorb whether or not it serves their case. That model works for some disputes. But it also prices out a significant share of clients with legitimate treaty or complex cross-border claims and no realistic path to pursue them.

I left to build something different.

My services do not price at a discount — they price at efficiency.

More than fifteen years of hands-on arbitration work mean:

  • No learning curve on your file.
  • No ramp-up costs for basic doctrine or procedure.
  • No reinvention of procedural strategy with every new case.

I build on established frameworks and I build with technology: proprietary tools developed through One Joule, my legal technology lab, that reduce the document-intensive, repetitive work that drives costs in complex arbitration.

In practical terms, this means you pay for senior judgment, applied efficiently, through right-sized cross-border teams, supported by bespoke legal technology.

That model has opened doors for clients who would otherwise never have accessed investor-State arbitration or complex cross-border commercial arbitration. That is the point.

Learn more about alternative fee arrangements

Regional focus: Eurasia, CIS and emerging markets

My practice is concentrated on Eurasia and emerging markets, in particular:

  • The CIS bilateral investment treaty network,
  • Central Asian energy and extractive disputes,
  • The Balkans and Baltic states.

Regional depth means more than knowing which treaties apply. It means understanding the investment climate, commercial culture, and procedural realities of disputes in these markets.

I work in English, Russian and Ukrainian natively, handling source documents, witness preparation, and procedural correspondence in those languages directly, without translation intermediaries.

For investors and companies entering these markets, and for local counsel already active in them, I bring a combination of international arbitration depth and genuine regional understanding, to help assess claims early, structure efficient case teams, and navigate disputes that cross multiple legal and political systems.

Access the Eurasia/CIS Desk

Credentials

Education

Georgetown University Law Center (LL.M., 2010) · Kyiv International University (LL.B. in International Law, 2007)

Bar admissions

Washington, D.C. Bar (Member, 2025–present; Special Legal Consultant, 2014–2025) · New York State Bar (Member, 2011–present)

Languages

English (fluent) · Russian (native) · Ukrainian (fluent)

Memberships

Member, Chartered Institute of Arbitrators (MCIArb) · Editorial Board, Jus Mundi International Law and Arbitration Wiki

Arbitral institutions

ICSID · UNCITRAL · ICC · LCIA · SCC

Treaties

Bilateral investment treaties (CIS/Eurasia network) · Energy Charter Treaty · Free trade agreements with investment chapters · The Treaty on the Eurasian Economic Union

Professional background

2017–present

Independent Investor-State and Commercial Arbitration Counsel

Washington, D.C.

I act as independent counsel and strategy lead in investor-State and international commercial arbitrations, working with clients, co-counsel, and expert teams across multiple jurisdictions and arbitral institutions.

2019–present

Founder, One Joule LLC

New York

Through One Joule and other tech platforms, I design and build legal technology tools that support complex arbitration work, from document-intensive analysis to procedural strategy, with the aim of making high-level dispute resolution more efficient, transparent, and accessible.

2012–2017

Associate, Global Disputes, Jones Day

Washington, D.C. & Paris

Represented states, investors, and corporate entities in investment treaty and commercial arbitration proceedings, as well as in related litigation matters.

2011–2012

Specialist, International Trade & Investment, Crowell & Moring LLP

Washington, D.C.

Advised on international trade and investment matters, including treaty-based protections and dispute resolution.

2010–2011

Independent Consultant, international investment, trade, and health law

Washington, D.C.

Consulted on public international law issues at the intersection of investment, trade, and health.

2009

Associate Human Rights Officer, Office of the High Commissioner for Human Rights

Geneva

Worked on human rights issues within the UN system, building an early foundation in public international law that informs my current arbitration practice.

Selected publications and engagements

I regularly publish and speak on technology and access to justice in international arbitration, as well as on procedural and substantive issues in investor-State dispute settlement.

Book chapters & commentaries2
  • Ugale, A., Minaeva T., Vasani B., ‘Chapter I – General Provisions’, in R. Happ and S. Wilske (eds), ICSID Arbitration Rules 2022, Commentary (C.H. Beck · Hart · Nomos, 2022).
  • Ugale, A., Vasani B., ‘Travaux Préparatoires and the Legitimacy of Investor-State Arbitration’, in J.E. Kalicki and A. Joubin-Bret (eds), Reshaping the Investor-State Dispute Settlement System: Journeys for the 21st Century (Brill, 2015).
Articles & commentaries4
  • ‘Who is in control? Russia exercised effective control over eastern Ukraine since May 2014’ (Ukraine and the Netherlands v Russia, ECHR), Lexis PSL (2023).
  • ‘Crisis in Crimea: Is Your Foreign Investment There Protected by a Treaty?’, Jones Day Commentary (2014).
  • ‘Cost Allocation in Investment Arbitration: Back Toward Diversification’, Columbia FDI Perspectives (2013).
  • ‘Arbitration Rules for Dispute Resolution Involving States and State Entities: What Are the Significant Differences?’, The International Lawyer (2013).
Case notes & headnotes

Prepared headnotes for Oxford International Organizations and Investment Claims, including Windstream Energy v Canada; Venezuela Holdings v Venezuela; Bertucci v Secretary-General of the United Nations; and Obdeijn v Secretary-General of the United Nations.

Speaking engagements7

Technology, access to justice & the independent practice model

  • Tech & Arbitration: Digital Disruption in South Eastern Europe — South Eastern European Arbitration (SEEA), Athens (2025)
  • David v. Goliath: Harnessing the Power of Artificial Intelligence in International Arbitration — American Branch of the International Law Association, International Law Weekend, New York (2024)
  • Young Voices Panel (the role of technology in the practice of law) — European Women Lawyers Association (EWLA) International Conference, Budapest (2023)
  • New Work — Tech, Platform & AI — Women in Law Conference, Vienna (2023)

Procedural & substantive issues in arbitration

  • Uncharted Justice: Public International Law Tools in Uncertain Times — Inaugural Tallinn Arbitration Day, Estonian Arbitration Association (2024)
  • Outlining & Resolving Challenges Raised by Conflicts of Interest in Arbitration — Jus Mundi (2020)
  • Gearing Up for Arbitration in the 21st Century — Paris Arbitration Week, Jones Day & Jus Mundi (2019)
Government training

Delivered training on international investment law and policy for government representatives through the World Health Organization (WHO).

For a complete list of publications and speaking engagements, you may contact me directly.

Ready to discuss your dispute?

Whether you are an investor evaluating a potential treaty claim, a co-counsel firm looking for ISDS depth, or a company facing cross-border arbitration, my first consultation is a no-obligation confidential conversation about your situation and your options. I respond within two business days. Consultations are available in English, Russian and Ukrainian.

Please review the Disclaimer before getting in touch.