Digital Light & Color

Is there any advantage of Zip vs LZW compression when saving tiff files?

They should be pretty similar.

However, unless your image has large areas of solid color, neither compression method will make photographic images much smaller and they will both likely load and save slower than uncompressed.

I found that some applications didn’t quite like one or the other TIFF compression schemes - I vaguely recall that Canon DPP was one of them and I think Faststone Viewer as well, but don’t remember the details.

Good point -- LZW is the older method -- ZIP was added as an option later. The TIFF standard suffers from having so many options that hardly anyone supports all of them.