Blog /

5 Ways ICC Arbitration Works Best for Your Business

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...

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.

For more detailed information about international arbitration as well as a complete roster of professionals, click here.

Share this

Sign Up for Our Newsletter

Sign Up to receive the latest news from the Canadian Chamber of Commerce