Snapshot Of The ICC As An Arbitral Institution
Legal News & Analysis - Asia Pacific - International Arbitration
15th Sept, 2019
The 2018 Queen Mary International Arbitration Survey reported that the five most preferred arbitral institutions are the ICC, LCIA, SIAC, HKIAC and SCC. Respondents continue to prefer given institutions primarily for their general reputation and recognition. Preferences are also decisively shaped by an assessment of the quality of administration and of the institutions’ previous experience. It is perhaps pertinent that the ICC continues to remain the leading institution in the world, with 77% of the respondents terming it as their most preferred institution.