2017 Report of the Economic Survey
AIPLA Report of the Economic Survey 2017
Only 28.6% say that the total cost of resolving a dispute through arbitration compared to resolving through litigation is about the same. The 71.4% that said it was not the same indicated that the cost of resolving through arbitration is 56.1% of the cost of resolving through litigation. Mediation/arbitration was initiated most often when mandated by the court (45.3%).
TOTAL COST OF RESOLVING DISPUTE THROUGH ARBITRATION COMPARED TO DISPUTE THROUGH LITIGATION (P. I-211, Q42)
Cost is About the Same
28.6%
Cost of Arbitration Differs from Cost of Litigation
71.4%
Average Cost of Arbitration as a Percent of the Cost of Litigation - 56.1%
FREQUENCY MEDIATION/ARBITRATION WAS INITIATED IN 2016 (P. I-212, Q43)
Terms of Contract 33.1%
Other 0.1%
Voluntary by Parties 21.5%
Mandate by Court 45.3%
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