SCC Arbitration Institute

Arbitration costs under control – insights from the SCC’s 2024 report

This article is the first in a two-part series exploring the findings of one of the SCC Arbitration Institute’s flagship reports released in 2024: the updated analysis of costs and apportionment under the SCC Rules.

Published

Drawing on an analysis of 221 arbitral awards rendered between 2015 and 2022, the report offers a comprehensive look at how arbitration costs are evolving – and how parties can influence them.

Key insights:

The data confirms what many practitioners have long suspected: legal strategy and procedural choices—not institutional fees—are the primary drivers of cost,”
– Jake Lowther, Specialist Counsel

The report confirms that arbitration under the SCC Rules remains a cost-efficient and time-effective method of dispute resolution. Parties who manage their cases strategically – by streamlining submissions and avoiding unnecessary procedures – can significantly reduce their legal spend.

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