​ICSID is pleased to announce the publication of Practice Notes for Respondents in ICSID Arbitration (Practice Notes), which address practical aspects of responding to an investment claim brought under the ICSID Convention or the ICSID Additional Facility Rules. The Practice Notes provide suggestions on dispute prevention and pre-arbitration planning. The Notes also contain a comprehensive step-by-step overview of the different phases of a typical ICSID arbitration case.  The Practice Notes are intended to answer questions frequently asked by Member States, especially when dealing with an ICSID proceeding for the first time. The Practice Notes are not intended as legal advice nor policy guidance and are not an exhaustive reference concerning the conduct of arbitration proceedings.