“… We pride ourselves on delivering high value legal services. Excellence is our Minimum Standard.”
The DIFC Courts, Dubai’s established English language, commercial common law judicial system, today released their Annual Review for 2012. This shows that the number and value of cases handled by the Courts increased for the sixth successive year.
The DIFC Courts’ Annual Review was presented at a joint ceremony with the Dubai Courts, who released their own Annual Report at the same time – a demonstration of the regular cooperation between the two organisations.The announcement follows the formal presentation of the Annual Review to His Highness Sheikh Maktoum Bin Mohammed Bin Rashid, Deputy Ruler of Dubai, President of the DIFC and Chairman of the Dubai Judicial Council by DIFC Courts’ Chief Justice Michael Hwang.
In the 12 months ending December 31, 2012, the DIFC Courts caseload showed a 40% year-on-year increase: a new record. The value of cases rose more than 400% in the year, from $33 million to just over $169m, reflecting the increasing complexity of commercial cases coming before the Courts. This growth in caseload was also reflected in the number of DIFC Courts’ registered lawyers – a figure which grew by almost 50% to 349 at the year end.