Profitability for Mediation Businesses

The Lagos Court of Arbitration (LCA) is an independent, private-sector driven, International Centre for the resolution of Commercial disputes via Arbitration and other forms of alternative dispute resolution (ADR). Ideally located within the International Centre for Arbitration and ADR (ICAA), Lagos, Nigeria, the LCA’s use of internationally recognised neutrals, modern facilities and the adoption of innovative technology, make the LCA an efficient and best-in-class arbitration institution. The LCA was established under the Lagos Court of Arbitration Law, No. 17, 2009 to provide institutionalised arbitration and ADR services. To achieve its mandate, the LCA was empowered to appoint an arbitral tribunal in respect of any disputes referred to it and maintain a panel of neutrals which consist of arbitrators, mediators and other experts with the requisite skills and experience to meet set functions. The expertise of the LCA spans multiple industries, including Oil and Gas, Finance, Maritime, Construction, Engineering, Telecommunications, Hospitality, Tourism, Insurance and so on.