Advantages of Arbitral Institutions
Parties may choose to take advantage of the established mechanisms and procedures offered by one of the many arbitral institutions. These institutions have formal procedures and rules designed to assist parties. The institution chosen may administer the arbitration according to its own rules or, in most cases, according to other rules if requested.
Examples of the Advantages of Institutional Arbitration:
- Availability of pre-established arbitration rules and procedures;
- Administrative assistance from institutions with a secretariat or a court of arbitration;
- Appointment of arbitrators by the institution if the parties request it;
- Physical facilities and support services for arbitration proceedings;
- An established format that has proven workable in prior disputes.
Contact Our International Arbitration Attorneys
Free, confidential consultations with our arbitration lawyers are available by calling +1 415 981 4800 or filling out the form to the right.
