Costs and duration – SIAC, the LCIA and the SCC compared
Merlion statute and Marina Bay Sands Hotel in Singapore (Credit: istock.com/rmnunes)
SIAC has become the third international arbitration institution in the past year to publish information on the average costs and duration of arbitration. Katherine Proctor, legal director at Clyde & Co, broadly compares the data concerning cases under SIAC’s 2013 rules with recent data released by the LCIA and the Arbitration Institute of the Stockholm Chamber of Commerce.
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