2017 | Enero 10
A South Carolina startup, Dispute Resolution Data, has signed agreements to collect information from some 20 arbitration institutions. To avoid the privacy issues, the institutions upload the data themselves before Dispute Resolution Data reviews the material, so that client names and details remain in the custody of the arbitral institution. The database went live for subscribers in December, with more than 66,000 data fields on thousands of closed arbitration cases, so far connected to 136 countries. More cases are being fed into the database daily.
With up to 100 data points on each closed commercial arbitration, and 45 data fields on each mediation, the database allows users to evaluate likely outcomes based on a host of variables, such as region, industry, average claim amount, award amount, case outcomes, whether national courts became involved and at what rate parties file or prevail in counterclaims.