We are thrilled to announce the release of our latest survey report, “Arbitration in Albania: Perceptions, Preferences and Expectations”.
This pilot study offers unprecedented insights into the Albanian landscape of dispute resolution with a special focus on arbitration.
Arbitration plays a crucial role in shaping the legal and business environment, and understanding local perceptions and preferences is essential for informed decision-making. Our report delves into the attitudes and expectations surrounding arbitration in Albania, providing invaluable data and analysis for legal professionals, business leaders, and policymakers.
Key highlights of the report include:
1️⃣ Perceptions: The survey reveals mixed perceptions of arbitration among participants, with varying levels of awareness about its benefits and procedures. While some view arbitration favorably as an efficient alternative to litigation, others are skeptical due to perceived complexities and uncertainties.
2️⃣ Preferences: Most participants prefer arbitration over traditional litigation, confirming familiarity and perceived effectiveness as primary reasons. The majority of participants prefer resolving their disputes in foreign jurisdictions whereas ICC Court is chosen as the most preferred international arbitration institution among others.
3️⃣ Expectations: There is a strong consensus among participants regarding the need to advance arbitration practice on various fronts, including capacity-building, education initiatives, strategic partnerships and engaging in more awareness raising.
Download the report in English Arbitration in Albania: Perceptions, Preferences & Expectations