When selecting arbitrators, Russian law firms primarily take into account the arbitrator’s area of specialisation, prior experience, reputation and peer recommendations, as well as qualification in the applicable law and legal position on disputed issues. In international disputes, however, the approach of most respondents to arbitrator selection changes: greater importance is attached to factors such as the arbitrator’s nationality and place of residence, as well as their political neutrality.
Lists of arbitrators guide appointments by both law firms and arbitral institutions. In practice, approximately half of all arbitrators — whether appointed by the parties or by the arbitral institution — are included in at least one of the lists maintained by the institution administering the arbitration.