Develop Customized Reports with Detailed Stats  

As the database continues to grow weekly, now offering over 3,500 cases and 120,000 data points, the DRD tech team has been working on a new feature in DRD so that users can develop their own reports. 

“Users of DRD have different needs and are interested in various aspects of the data. The DRD Detailed Stats section (included in the subscription) allows users to customize their own reports with precisely the data points they need”, said Debi Slate, DRD’s President and COO.    

Here is how it works.  Page filters allow the ability to choose from process types, and select case types, and claim amounts in one of the 10 dynamic case types that make up over 75% of the data.  The data researcher can further drill down by selecting the case region.  In addition to claim amounts, one can also filter by date range and number of arbitrators.  Mediation reports can also be generated using these same filters.  

Once filters have been selected, then one can look at regions where the specific type of case was filed and from where the parties originated.  Additionally, the report might include the nature of the claim, whether It was monetary, or non-monetary, or both and what rules were used, institutional or UNCITRAL.  Case processes can also be analyzed, for example - how many motions were filed? Key Arbitration Duration divides the arbitration into steps, first the entire process, commencement to final award, then duration to settlement and post-hearing, how long after the hearing did the parties have an award in hand?   

Most importantly, a customized report is generated from the selected filters to provide the outcome by case type, average claims and counterclaims.  Then, the Detailed Stats goes one step further by giving information on the costs of the case including average arbitrator and mediator fees, institutional fees, and if and how much was granted in legal costs.    

Having this comprehensive view into what is happening in the arbitration world allows practitioners to plan for their next case, develop effective clauses, and prepare more precise budgets all with current data.  

For more information on how DRD can help you prepare for your next case see the Dispute Resolution Data website