Courses and conferences - published on 28 March 2025
Source: Press Office Curia Mercatorum - Presidency Chamber of Commerce Treviso-Belluno|Dolomiti - Relations with media Camera Arbitrale di Milano
Treviso, 25 March 2025. The arbitration of the Milan Chamber of Arbitration (CAM) is faster and can be more convenient than an ordinary civil case. Therefore, the prejudice that sees arbitration as a means of resolving disputes “for the rich” is dispelled.
To say it is a research of the SDA Bocconi, which has analyzed 345 arbitration proceedings filed in CAM in the three years 2019-2021, and has crossed data with those of three surveys conducted through questionnaires that were answered by about 250 lawyers, CTU (Office Technical Consultants) and corporate lawyers and, finally, it developed a comparison of the two proceedings (arbitration and civil case), based on the “financial value” of time.
Event. The research “Arbitration and ordinary justice: comparative economic advantage” was presented today to entrepreneurs and professionals of Treviso and of the North East of Italy, on the occasion of the event: “Arbitration, how much do you cost me? The reasons for an opportunity”, organized by Curia Mercatorum Center of Mediation and Arbitration, the Chamber of Commerce of Treviso-Belluno|Dolomiti, the Chamber of Commerce of Venice and Rovigo and the Chamber of Arbitration of Milan.
This meeting discussed the benefits of arbitration, an alternative dispute resolution tool, together with law and economics lecturers, arbitration experts and professionals such as lawyers, accountants and accounting experts.
After the institutional greetings of the Director of Curia Mercatorum Marco D’Eredità, Professor Alberto Grando, full professor at the Bocconi University and SDA Bocconi School of Management presented the research on the comparison between arbitration and ordinary process. There was then a round table moderated by Professor Matteo De Poli, full professor of Economic Law of the University of Padua. During the debate, Roberto Ceccon, lawyer at the Court of Padua, Silvia Mainardi, lawyer of the Court of Venice, Rinaldo Sali, Deputy Director General of the Arbitration Chamber of Milan discussed the opportunity and convenience of the arbitration instrument for companies.
According to the research, arbitration is more convenient because – ending earlier (307 days on average, compared to the 764 average days of a civil case at first instance and an additional 597 average days for the appeal, as found by data from the Court of Milan and in line with what was stated by the lawyers interviewed) – allows to “release” in advance the resources involved in the proceedings and allows the companies involved to reinvest in different assets.
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CAM arbitration, on average, closes dispute in 307 days and frees firm’s resources. SDA Bocconi research
