London Court Of International Arbitration Releases Data On Costs And Duration

Mealey's (November 3, 2015, 2:05 PM EST) -- LONDON – The London Court of International Arbitration (LCIA) on Nov. 3 released its findings on the average cost and duration of its arbitrations.

The LCIA reported that the mean cost of an LCIA arbitration is $192,000. The LCIA reported that the median cost of an LCIA arbitration is $99,000, among other findings.

The LCIA said on its website that it completed a comprehensive analysis of arbitration cases to provide users with data on the average cost and duration of an LCIA case.

Analysis

The LCIA...
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