LCIA reports record caseload statistics for 2015 | Practical Law

LCIA reports record caseload statistics for 2015 | Practical Law

The London Court of International Arbitration (LCIA) has published its 2015 Registrar’s report, including statistics for the year.

LCIA reports record caseload statistics for 2015

Practical Law UK Legal Update 9-626-4429 (Approx. 4 pages)

LCIA reports record caseload statistics for 2015

by Practical Law Arbitration
Published on 13 Apr 2016 • England, International, Wales
The London Court of International Arbitration (LCIA) has published its 2015 Registrar’s report, including statistics for the year.
The London Court of International Arbitration (LCIA) has published its latest Registrar's report highlighting an increase in its caseload in 2015. The LCIA received 332 referrals (including 6 requests for mediation or other form of ADR) in 2015, representing a 10% increase on 2014 and reaching a new all-time high. Of the 326 arbitrations, 256 were under the LCIA Rules, with the remainder under the UNCITRAL Rules.
The key figures on the appointment of arbitrators are also notable. In 2015, the LCIA made a total of 449 appointments of 227 different arbitrators (323 to three member tribunals, 118 to sole arbitrators and 8 in UNCITRAL or other ad hoc arbitrations). Of particular interest is the breakdown of the gender diversity of candidates. Of the 449 appointments, 71 (15.8%) were of female arbitrators: 55 of those were selected by the LCIA Court; 14 by the parties; and 2 by the parties' nominees. Compared to 2014, this represents an increase in the number of female candidates put forward by parties or selected by the LCIA Court but a decrease in the number of female candidates selected by nominees.
Further interesting data includes:
  • Nationality of the parties. The report demonstrates the international nature of the LCIA's caseload, with the top three users being the UK, the Russian Federation and Cyprus.
  • Sum in dispute. 12.1% of the caseload comprised its highest value claims of over US$50 million, with 6.4% involving claims worth US$20-50 million.
  • Challenges to arbitrators. Six challenges were made to arbitrators in 2015, of which one was upheld, three were rejected and two were superseded as the arbitrator resigned.
  • Applications for expedited appointment, joinder and consolidation. 30 applications were made for expedited appointment; seven for joinder and 18 for consolidation.
We have updated our Checklist, Arbitration statistics.
Source: LCIA Registrar's report 2015.