hkelaw.com - @eLaw.com.hk by yip tse & tang, solicitors + notaries 葉謝鄧律師行

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ARE YOU FINDING A HONG KONG LAWYER? PLEASE CLICK TO VISIT : WWW.SOLICITOR.HK . OFFICIAL WEB-SITE OF YIP, TSE & TANG WHO PROVIDES LOW-COST SPEEDY LEGAL SERVICE .

Many people are advocating the use of arbitration as a method of dispute resolution alternative ("ADR") to traditional litigation in court. One of the frequently used arguments is it takes up costs less than spent in court proceedings. This has become a fiction as in recent years, costs of international arbitration have increased dramatically. Practitioners are nowadays extremely zealous about arbitrations proceedings. When complex arbitration matters are coupled by volumnous paper works, arbitration procee

A survey in 2005 carried out among in-house lawyers of international corporations having experience in international arbitrations has come up with the following significant findings in respect of arbitration's costs: