TOP 10

Law Firms Hired by the State

TOP 10

Law Firms Hired by the Investor

Law firms are very well compensated for investor-state disputes. By some accounts, legal fees and expenses per dispute average around USD 4.9 million for states and USD 6 million for investors, but it is not uncommon for legal costs to be much higher.

Most Popular Arbitrators

The state and the investor each appoint an arbitrator, who together appoint a chair

List of the top arbitrators most appointed by states or investors, indicating number of disputes served in each appointment including as president of a tribunal

Number of Disputes by Arbitration Center

Most investor-state disputes are administered by arbitration centers. In LAC, by far, the most popular of these is the World Bank's International Centre for Settlement of Investment Disputes (ICSID). Other arbitration centers include the Permanent Court of Arbitration (PCA) in the Hague, the London Court of International Arbitration (LCIA), the International Court of Arbitration of the International Chamber of Commerce (ICC), and the Arbitration Institute of the Stockholm Chamber of Commerce (SCC).

Chart with number of disputes per arbitration center in Latin America and the Caribbean, including disputes with no administering institution or with data unavailable