The aim is for dispute resolution to be cost effective. In consultation with the parties the Arbitrator will ensure that the fees charged are appropriate in light of the circumstances of the dispute. The fees will be calculated by reference to work done in connection with the arbitration and will be charged at rates that are appropriate to the particular circumstances of the case, including its complexity and the time that it takes to conduct the arbitration.
Fees are determined using an hourly rate which ranges between $400.00 and $700.00 per hour per party as shown in our Fee Schedule below.
In each case the fees will be finalized following consultations with the arbitrator and expressly agreed upon by all parties prior to commencement of the arbitration.
Submissions Only Arbitration is offered at a fixed cost of $1250.00 per party.
There is also a non-refundable filing fee payable by the claimant upon filing the Submission to Arbitrate.
Our mediation rates are based on the value of the claim and the duration of the mediation session and include an allowance for preparation time, administrative charges and refreshments. There is no fixed or standard duration for mediation; some will take a few hours while others will be longer.
Where the claim is not one that is expressed in terms of money the charges will be based on the length of time required to conduct the mediation.
Arbitration Fee Schedule
|Value of Claim||Commencement Fee||Arbitration Fee
(per party per hour)
|Where the amount is unspecified||$250||$400|
|Up to $100,000||$250||$400|
|$100,000 – 500,000||$350||$500|
|$500,000 – 1,000,000||$450||$600|
|Submission Only Arbitration||$270||$2700 per party|
Mediation Fee Schedule
|Value Of Claim||Mediation Time||Fees Per Party|
|Less than $50,000||Up to 4 hours||$600|
|$50,000 – $250,000||Up to 5 hours||$800|
|$250,000 – $500,000||Up to 6 hours||$1000|
|Over $500,000||Up to 8 hours||$1500|
|Non-monetary claims||Up to 5 hours||$800|