What is the London Court of International Arbitration (LCIA)?

The London Court of International Arbitration (“LCIA”) is one of the world’s leading dispute resolution institutions providing the service of international arbitration. Formerly known as the “London Court of Arbitration,” the LCIA administers and provides a forum for dispute resolution proceedings for all parties, irrespective of their location or system of law.

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What does the LCIA do?

The LCIA offers a variety of services related to alternative dispute resolution (ADR):

Arbitration

The LCIA administers all stages of the arbitration process, including:

appointing arbitrator tribunals;

providing arbitration rules & procedures;

resolving challenges to arbitrators; and

managing arbitration costs.

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Mediation

LCIA provides a forum for mediation proceedings, where an impartial “mediator” helps the parties reach a mutually acceptable resolution to the dispute. The mediator does not decide the dispute but helps the parties communicate so they can try to settle the dispute on their own. Mediation settlements are typically non-binding. The LCIA provides Mediation Rules and administers the mediation process.

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Ad Hoc Arbitration

The LCIA is regularly involved in ad hoc arbitrations by assisting disputing parties with the appointment of arbitrators to hear their case. The LCIA also helps administer the UNCITRAL Arbitration Rules in ad hoc arbitrations where the parties have agreed to use those rules to govern their arbitration.

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Where are LCIA Arbitrations held?

LCIA arbitration proceedings can take place anywhere around the world. The LCIA administers arbitrations regardless of the seat/legal place, or the location of any meetings or hearings.

The “London” Court of International Arbitration refers to the physical location of the LCIA’s headquarters. However, more than 70% of the cases referred to the LCIA do not involve any parties from the U.K.

How does the LCIA become involved in a dispute?

Because arbitration is a consensual process, the parties must mutually agree to LCIA arbitration before the LCIA will become involved in any dispute.

Parties typically provide for LCIA arbitration or other forms of ADR in an arbitration clause in their contract. However, even if an LCIA arbitration clause is not initially included in the contract, the parties may later mutually agree to have the LCIA conduct their arbitration after a dispute arises.