Paris 2 December 2016 – The International Chamber of Commerce has announced it has entered into a cooperation agreement with Dispute Resolution Data (DRD) – a research service for international commercial arbitration and mediation.
Under the terms of the agreement, the ICC Court of International Arbitration will provide data that will ultimately contribute to a greater understanding of dispute resolution use and practice worldwide.
Andrea Carlevaris, Secretary General of the ICC Court said: "Facilitating the access to data and information about arbitration proceedings is among the current priorities of the ICC Court. I am therefore delighted that the Court is joining DRD. Participation in this innovative initiative by institutions and users worldwide will greatly contribute to increased transparency of, and ultimately trust in, the international arbitration process."
Founded by Bill Slate, former CEO of AAA, Dispute Resolution Data collects and publishes data about arbitrations on an anonymous basis. “Dispute Resolution Data (DRD) welcomes with enthusiasm the data contributions of the ICC International Arbitration Court. Making important process information about closed international cases (never before available) accessible, while fully protecting confidentiality is consistent with ICC’s initiatives to promote greater efficiencies and transparency in international arbitration,” said Mr Slate, who is Dispute Resolution Data Chairman and CEO.
Dispute Resolution Data became operational in 2015 and currently has 16 contributing entities worldwide. Data collected is presented by geographic region, and by 28 case types.
The mission of Dispute Resolution Data (DRD) is to enhance and grow the field of dispute resolution by providing access to trusted aggregated data which maintains confidentiality, while providing insights into practices and trends for parties, dispute resolution institutions, advocates, arbitrators, mediators, researchers and policymakers.
Each year ICC publishes detailed statistics on cases filed with the world’s leading arbitral institution. In a landmark development, the 2015 report disclosed statistics on the gender balance of ICC tribunals as part of ICC's on-going strategy to enhance both the transparency and diversity of international arbitration.
To learn more about arbitration statistics for the ICC Court please visit: http://www.iccwbo.org/News/Articles/2016/ICC-Arbitration-posts-strong-growth-in-2015/
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About the International Chamber of Commerce (ICC)
The International Chamber of Commerce (ICC) is the world’s largest business organization with a network of over 6.5 million members in more than 130 countries. We work to promote international trade, responsible business conduct and a global approach to regulation through a unique mix of advocacy and standard setting activities—together with market-leading dispute resolution services. Our members include many of the world’s largest companies, SMEs, business associations and local chambers of commerce.