LCIA releases updated costs and duration data
The LCIA are releasing the report in Melbourne at the IBA conference (Credit: iStockphoto/georgeclerk)
On average, LCIA arbitration lasts a total of 16 months and costs US$97,000, the institution has said in its second report on the costs and duration of its cases, prepared with the assistance of the Brattle Group and unveiled in Australia today.
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