Guide to Regional Arbitration (volume 8 - 2020)

International Institute for Confilict Prevention & Resolution (CPR)

International Institute for Confilict Prevention & Resolution (CPR)

Professional notice

Website : www.cpradr.org

Established in 1977, the International Institute for Conflict Prevention and Resolution (CPR) is an independent non-profit organisation that helps prevent and resolve legal conflict effectively and efficiently.

CPR Dispute Resolution is an ADR provider offering quality, efficiency and integrity via innovative and practical arbitration rules, mediation and other dispute resolution services and procedures – as well as arbitrators, mediators and other neutrals worldwide. CPR offers personalised, concierge-level consulting and case management services, by highly experienced, accessible and multilingual attorneys.

CPR Institute, the world’s leading ADR think tank, positions CPR uniquely as a thought leader, driving a global dispute resolution culture and using its powerful committee structure to develop cutting-edge tools, training and resources. These efforts are powered by the collective innovation of CPR’s membership – comprising top corporations and law firms, academic and public institutions, and leading mediators and arbitrators around the world.

Dispute resolution

CPR offers arbitration and mediation services, as well as other services including mock arbitrations, appointment of emergency arbitrators, fund holding, deal facilitation, early neutral evaluation, mini-trials, dispute resolution boards, appointment services, and compilation of pre-qualified lists of neutrals.

Arbitration

CPR offers both administered and non-administered arbitration rules with an array of à la carte services, such as fundholding, which offers flexibility and enables the parties to customise their arbitration based on their needs. The Rules are designed to be efficient and cost-effective. The average time for a CPR case is consistently below 12 months, with tribunal appointment typically taking place in less than four weeks from the initial filing.

Panel of distinguished neutrals

Our roster is comprised of around 550 rigorously vetted and highly respected arbitrators and mediators worldwide and includes over 30 specialty panels. CPR’s neutrals come from 29 different countries, speak 28 languages, and 150 of them are located outside the United States.

Case management

Our New York-based case management team comprises highly experienced attorneys and has handled more than US$1 trillion in disputes over the years.  

Fees

Arbitration: CPR’s fees are based on the amount at issue and are capped at US$13,000 for non-administered arbitration for disputes above US$100 million, and US$34,000 for administered arbitration of matters above US$500 million, split among the parties. Arbitrators are free to set their fees on a case-by-case basis but must disclose their rates and any additional fees up front during the selection process.

Mediation: There is no administration fee. When CPR assists the parties for the mediator selection, the fee is US$1,500 split among the parties.

Recent developments

In March 2019, CPR released revised versions of its domestic and international administered arbitration rules. The rules include the following innovations:

  • New default selection mechanism: sole arbitrator for disputes below US$3 million unless the parties agree otherwise. For disputes above US$3 million, the default is a three-arbitrator tribunal selected pursuant to the unique screened selection process, for which CPR won the 2016 GAR Innovation Award.
  • Early disposition: parties can now request early disposition of claims counterclaims, defences and other issues.
  • Expanded opportunities for mediation: CPR can contact the parties about potential mediation opportunities at any point during the arbitration
  • Young Lawyer Rule: a rule encourages the active participation of less experienced lawyers during hearings in an effort to support the development of the next generation of lawyers.
  • Cybersecurity: During the initial pre-hearing conference, the tribunal is encouraged to discuss possible steps to address issues of cybersecurity and to protect the security of information in the arbitration.

30 East 33rd Street, 6th Floor
New York, NY 10016
United States
Tel: +1 212 949 6490
[email protected]
[email protected]
www.cpradr.org

Allen Waxman
Allen Waxman
President & CEO

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