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Day 20 of Signature’s Slide Show series – How has the pandemic impacted the arbitration market?

By Signature Litigation
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Signature Litigation

The London Court of International Arbitration (LCIA) announced a record number of cases (+10% compared to 2019).

The International Chamber of Commerce (ICC) recorded its second best year and has known a +9% increase compared to 2019.Both institutions have modified their rules in the middle of the crisis, which is evidence of their agility.

Many developments have also taken place, such as:

  • the opening of an ICC office in Abu Dhabi;
  • the authorisation of foreign arbitral institutions to provide services in Beijing.

We have been impressed by the resilience of arbitration compared to court litigation, especially in France.

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