The LCIA Arbitration Rules are administered by the London Court of International Arbitration (LCIA), a leading institution for international arbitration.

Finality is not a principle underlying the LCIA Arbitration Rules. The rules emphasize party autonomy, neutrality, and confidentiality.

The default number of arbitrators in an LCIA arbitration is one, unless the parties agree otherwise.

The time limit for commencing an LCIA arbitration is 9 months from the date on which the claimant first became aware of the dispute.

The default seat of arbitration under the LCIA Arbitration Rules is London, United Kingdom.

The parties to an LCIA arbitration can choose any language for the proceedings, unless otherwise agreed.

The LCIA Court has the power to appoint arbitrators, decide on challenges to arbitrators, and review arbitral awards.

The typical duration of an LCIA arbitration is 1 year to 2 years.

The cost of an LCIA arbitration depends on the amount in dispute and other factors.

An LCIA arbitral award is enforceable in all countries that have signed the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards.

The LCIA Arbitration Rules offer neutrality and impartiality, flexibility and party autonomy, and enforceability of arbitral awards.

Some of the criticisms of the LCIA Arbitration Rules include that they are too expensive, too slow, and too complex.

Some of the recent amendments to the LCIA Arbitration Rules include the introduction of expedited procedures, increased transparency and disclosure requirements, and new rules on third-party funding.

The future of the LCIA Arbitration Rules is uncertain, but they are likely to continue to be widely used in international arbitration.