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Writer's pictureBahar Şahin

ARB101: Institutions



Arbitration, in its essence, is a non-court option. In arbitration, there is party autonomy, thus parties can make decisions on the arbitral tribunal or arbitrator, the language of the proceeding, the seat of the arbitration, other procedural matters, and especially whether to choose an institution or pursue ad hoc arbitration.


Ad hoc arbitration is defined as parties and the arbitral tribunal deciding on all procedural matters without the interference of an institution. However, pursuing ad hoc arbitration may cause the proceeding's duration to extend and be more complex than it needs. Because of institutional arbitration with its secretariat and administrative rules, it is easier to focus on proceeding itself.


All institutions have their own rules which make proceeding easier.


International Chamber of Commerce ("ICC")


ICC, which is established in 1923, focuses on generally international commercial and investment arbitration. It is one of the most renowned arbitration centers. Also, The ICC Arbitration Rules and their implementation is simple, like most institutional rules. Additionally, the ICC Rules of Arbitration entered into force as of January 1st, 2021.



Claudia Salomon became the first female President of the ICC International Court of Arbitration.


London Court of International Arbitration ("LCIA")



In 2021, according to the statistics by LCIA, 387 cases were filed before the LCIA. Although the caseload statistics show more filing in 2020, in 2021 LCIA showed the institution worked hard. The LCIA was renamed several times, yet, its success was consistent.



International Centre for Settlement of Investment Disputes ("ICSID")


ICSID is one of the five organizations of the World Bank Group, it was established in 1966 by the Convention on the Settlement of Investment Disputes between States and Nationals of the Other States or the ICSID Convention. As the name suggests, ICSID deals with mainly investment arbitration.




Istanbul Arbitration Center ("ISTAC")



ISTAC adapted to COVID-19 rather quickly with tech-related solutions to problems that arose from the pandemic. ISTAC reported in 2020, that 100% of the hearings were made online and made the administrative process digital. With another innovative approach, with a quick survey on the ISTAC's website, an arbitration clause can be customized.




Energy Disputes Arbitration Center ("EDAC")


EDAC is the arbitration center established under the Energy Law Research Institute, which focuses on energy and infrastructure law. Being one of the youngest arbitration centers, EDAC was established in 2020 in Turkey.


Hong Kong International Arbitration Center ("HKIAC")





WIPO Arbitration and Mediation Center ("WIPO")




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