FTI Consulting, Inc.
Analysis of the Brazilian Arbitration Market
Pages
15
Time to read
40 mins
Publication
Language
English
Pages
15
Time to read
40 mins
Publication
Language
English
This study is a comprehensive analysis of the Brazilian arbitration market, focusing on the advantages of arbitration as an alternative dispute resolution method. It begins by presenting an overview of the Brazilian judicial system, comparing it with arbitration in terms of metrics such as average resolution time and the number of cases per judge. The document lists the benefits of arbitration for both parties and society, supported by survey results that indicate user satisfaction with arbitration. It highlights the evolution of the Brazilian arbitration market since the enactment of Law No. 9,307 in 1996, detailing metrics like the total number of cases and average dispute values in major arbitration centers. The study also discusses the high litigation rates in Brazil, the overload of the judiciary, and the implications of these factors on case resolution times. Furthermore, it examines the structure of arbitration tribunals and the benefits they provide compared to traditional judicial processes.