These three new commercial law quarterly journals reflect not only a desire on the part of publishers to identify areas of specialization within the law but also the growth of such areas of specialization, a growth which is indeed encouraged by the expansion of published material. As is clear from Dr Shea’s pieces in the J.I.B.L. on negligent misstatement and on undue influence and the banker-customer relationship, parts of some specialist areas are grounded in the general law. The interdependability of particular components of the commercial law spectrum is demonstrated in the same journal by Mr Todd’s article on actions by banks against carriers (dealing inter alia with the Court of Appeal’s decision in The Aliakmon [1985] Q.B. 350—negligence is a recurring theme) and Dr Oelofse’s discussion of the moment of payment of cheques through an automated clearing bureau (determination of which affects rights under a withdrawal clause, as in The Laconia [1977] A.C. 850). New developments in business practices and technology, such as electronic banking methods, provide one justification for new specialist journals. Another is the relative neglect of established areas. No longer confined in the onlooker’s eyes to the fringes of private international law, international arbitration seems recently to have come of age, an event celebrated by two new journals. Albeit not without a backward look (as with Mr Hunter’s explanation of the expression “all sixes and sevens” in A.I.), the attention is on matters of current and future significance. A.I.