Arbitral Institution Stats 2024

Several of the key arbitral institutions have published their statistics for 2023. In this blog post we highlight some of the key trends:

1. an increase in the use of arbitration generally, with several of the institutions reporting a strong increment in case referrals, and in the quantum of cases;
2. the growing internationality of cases, with a doubling of African parties in LCIA arbitrations in particular;
3. a spike in disputes arising from "younger" agreements, meaning those agreements concluded within two or three years of the date of referral; and
4. an increase across the board in the appointment of female arbitrators, particularly driven by the institutions themselves with the SCC leading the charge with 55% of its arbitration appointments being women, the LCIA 48% and the ICC 41%.