5 Ways ICC Arbitration Works Best for Your Business
As disputes are an inevitable part of running a business, it is important that you have the best quality of service and ICC Arbitration assures just that. Why? Because ICC Arbitration is delivered by a trusted institution through a process that is recognized and respected worldwide. Here are five ways arbitration works for your business:
Speed – Arbitrations usually take less time than a court case to reach a decision.
Cost-effectiveness – Because arbitrations are usually quicker than litigation, lawyers’ costs are lower.
Enforceability – Arbitration awards are recognized and enforced by over 150 countries.
Confidentiality – Decisions rendered by arbitrators are not public documents.
Flexibility – You decide the dispute settlement parameters.
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