G. Elias, LCIA Want More Adoption of Arbitration in Legal Disputes.

Nigerian law firm G. Elias and the London Court of International Arbitration (LCIA) are advocating for increased use of arbitration as a method for settling legal disputes in Africa. At a recent event in Lagos, Nigeria, the firms discussed the trends, considerations, and challenges of arbitration in Africa, and provided practical guidance on when arbitration may be the most suitable option. The panel also emphasized the importance of independent and impartial arbitrators, the use of modern clauses from recognized institutions like the LCIA, and the need for government support in terms of training for arbitration judges and implementing cost sanctions for parties. [Extracted from the article]