Costs and duration – LCIA, SCC, SIAC and HKIAC compared
How do the different institutions measure up? (Credit: istock.com/emesilva )
After the LCIA, SCC Arbitration Institute and SIAC, the HKIAC has become the fourth arbitral institution to publish information on the average costs and duration of arbitration, shortly before the New Year.Katherine Proctor, legal director at Clyde & Co, previously compared data released by the other three institutions in November 2015, February 2016 and October 2016, respectively. She now incorporates the HKIAC's data into that analysis.
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