A Record Number Of Cases And Revised Rules At The ICC Underscore The Increasing Appeal Of Arbitration

The International Chamber of Commerce’s (“ICC”) preliminary statistics for 2020 reveal a record total of new arbitration and Alternative Dispute Resolution (“ADR”) cases, reflecting the predicted growth in ICC dispute resolution services. In our previous client alert on the ICC’s case statistics for 2019, we discussed the rise of cases registered before the ICC. Despite the challenges of 2020, the ICC stood as a major international arbitration institution, with a record number of 949 new registered cases in 2020 — its highest number of cases registered since 2016 (966)…..

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