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3 Choice of the seat of arbitration contd.

What aspects of the
convenience of a seat are
most important?

Efficiency and promptness of court
proceedings is the most important aspect of
the convenience of a seat (20%), followed by
language (16%), established contacts with
specialised lawyers operating at the seat (15%)
and the location of the parties (11%). Cultural
familiarity is also an important factor (10%).
Interestingly, previous experience of the seat is
not a particularly important factor (7%), nor is
the location of the arbitrators (6%).



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