While on the surface it is business as usual for the type of disputes referred to the LCIA, a profound shift seems to be ongoing, arising from the global geopolitical and economic situation.
July 11, 2023 at 05:49 AM
4 minute read
As much as commercial arbitration practice is one of the preferred means to settle private disputes between private parties, the statistical trends observed in recent years have consistently mirrored and echoed broader geopolitical developments.
This phenomenon is once again reflected in the latest statistics published by the London Court of International Arbitration in its 2022 annual report.
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