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4 Choice of arbitration institution

What drives decisions about
arbitration institutions?

Nevertheless, the closeness of the top ranked
factors strongly suggests that there are a wide
range of factors that influence the selection of
an institution. Previous experience of the
institution is also important (42%), as is the
overall cost of the service (41%) and whether
an institution has a global presence and/or the
ability to administer arbitrations worldwide
(39%). Also important is expertise in certain
types of cases and free choice of arbitrators
(i.e. no exclusive institutional list) (both at
38%). Reflecting the findings in Section 1, the
seat exerts some influence at 35%. Least
important factors are modes of payment, the
similarity of the rules to the UNCITRAL
Arbitration Rules and methods of arbitrator
remuneration.



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