The London Court of International Arbitration (“<span class="news-text_medium">LCIA</span>”) has announced that Professor Maxi Scherer will become the next President of the LCIA Court, effective 9 May 2025. Currently serving as Vice President, Prof Scherer will succeed Paula Hodges KC. This appointment marks an important milestone as the LCIA continues to enhance its global presence, with recent statistics showing that 96% of its 2023 cases were international and 79% did not involve any UK-based parties.
The LCIA's latest Costs and Duration Analysis highlights the institution’s cost-effectiveness, especially in high-value disputes. Under Paula Hodges KC's leadership, the LCIA successfully administered cases involving parties from 161 jurisdictions across 70 seats of arbitration and governed by 99 substantive laws. The transition to Professor Scherer as President underscores the LCIA's ongoing commitment to providing efficient and impartial arbitration services on the global stage.
