What makes for Effective Arbitration? A Case Study of the London Court of International Arbitration Rules

Abstract

This chapter provides an overview of arbitration conducted pursuant to the arbitration rules of the London Court of International Arbitration (lcia) and specifically identi-fies why the arbitrator appointment and challenge mechanisms set out thereunder enable a robust, efficient and transparent arbitral procedure. It also looks to the lcia’s practice of publishing vital information about lcia arbitration, including in respect of the average duration and costs of an arbitration, and calls for the broader dissemina-tion of such information by all arbitral institutions to inform and benefit users.