ADR Statistics
Figures are self-explanatory: ADR procedure is efficient!
- In ICC ADR cases parties from over 65 nationalities
- 80% mediation, 20% other settlement techniques or combinations
- Settlement rate: 74% if file is transferred to mediator, over 80% if first meeting with mediator is held
- Duration: less than 4 months upon transfer of the file to the mediator
- Costs: In average around US$ 20 000
- Amount in Dispute: range from US$ 100 000 to US$ 550 million, and average around US$ 17 million
- In the majority of cases ICC appointed the mediator