Situation: The Paris office of a US law firm has been instructed to draw up a draft contract for a European construction company, headquartered in Zurich, which has successfully tendered for a major element of an infrastructure project being undertaken in Canada by a multinational consortium.
A senior associate in the firm's contentious department has been asked by her transactional colleagues to draft the dispute resolution clause for the contract, which will provide for arbitration, with a possible stepped clause to include mediation.
Given the many nationalities and domiciles of the parties, and the place where the contract will be performed, all of which may fail to be considered when choosing the seat or legal place of any arbitration and the venue for any hearings, DRD data will provide a valuable backup to the firm's expertise in a number of areas including:
Some of the issues which the lawyer might research:
Comparing arbitration data for Europe and North America (the domiciles of the parties) and Asia (as a potential "neutral" jurisdiction), as a whole and in construction disputes.
- Do the arbitral tribunals generally comprise a sole arbitrator or three?
- What is the average duration of an arbitration?
- What is the average amount awarded as compared to the amount of the claim?
- Do respondents frequently file counterclaims; if so, do they generally prevail?
- Do tribunals sitting in these locations typically permit interrogatories?
- What is the likelihood of recovering costs?
- Are the courts at the seat likely to get involved?
Comparing mediation data in Europe, North America and Asia, as a whole and in construction disputes.
- How are mediators selected?
- What is the average duration of a mediation?
- What are the settlement rates for mediation for the construction industry in each region?
*The report data in these graphs is fictitious.
Any resemblance to real cases is purely coincidental.