Emergency arbitration has become a widely adopted mechanism in institutional arbitration rules, offering parties an expedited route to obtain urgent interim relief before a tribunal is constituted. More than a decade has passed since major arbitral institutions first incorporated emergency arbitration procedures into their rules. This panel will reflect on how emergency arbitration has been used by parties and administered by institutions, exploring pros and cons, frequent challenges and recurring issues. It will also examine how expectations surrounding emergency arbitration are evolving, and whether the mechanism continues to serve its intended purpose effectively.