Is the amount of your commercial arbitration claim less than $75,000? If so, please read the policies below. Our association provides parties with two options for paying administrative fees. There is the standard fee schedule for commercial arbitration provision which we define below. And there is also a flexible fee schedule for commercial arbitration vs litigation. Here is our policy for either schedule.
Binding Arbitration Administrative fees refer to the amount of the claim or counterclaim. In this case, your claim does not exceed $75,000. The party providing the claim/counterclaim must pay. This must take place when the claim/demand gets filed through ArbitrationAgreements.org. The standard schedule does not include compensation for an arbitrator. Administrative fees and arbitrator compensation become subject to allocation federal arbitration. An arbitrator is in charge of allocation when providing an award.
What Is the Standard Fee Schedule for Commercial Arbitration Claims?
The standard fee schedule functions as a two-payment schedule. It provides for initial filings fees that are somewhat higher. But the overall administrative fees are lower. This applies forced arbitration to cases that proceed to an insurance arbitration hearing. A party can request a flexible fee schedule. That schedule functions as a three-payment schedule. The initial filing fee is lower. But forthcoming payments then get spread out throughout the arbitral process. This means that total administrative fees will become somewhat higher. That refers to mandatory arbitration cases that lead to an official hearing.
Our Standard Commercial Arbitration Fee for Claims Less Than $75,000
Say that the amount of your mediation and arbitration claim totals less than $75,000. This means that your initial filing fee is $925. The final filing fee costs $800. If you have questions about standard fees, please call our association.
The Standard Fee Schedule for Commercial Arbitration
An initial filing fee can get paid in full by the filing party in commercial arbitration process. This applies when a claim, counterclaim, or additional (extra) claim gets filed. The final fee applies to every case that proceeds to a first hearing. That fee can get paid in advance once the first hearing gets scheduled.
Additional Party Fees
Say that more than two parties with separate representation arbitrate. Our arbitration association charges an additional (extra) 10% of every fee listed in our fee schedules. This charge applies to each party with separate representation. But extra fees for a party cannot exceed 50 percent of all base fees. (That refers to the base fees featured in our fee schedules.) The only potential exception is when there are more than ten parties. And each party has its own separate representation. Please read below to learn more about additional party fees.
ArbitrationAgreements.org Fee Modification Policy
Fees are sometimes subject to increase. This happens if a claim or counterclaim gets increased. (Once the initial filing date has already taken place.) But sometimes fees can decrease. That can take place if a claim/counterclaim decreases. The process of decreasing must take place before the first hearing.
What if My Case Has Three or More Arbitrators?
There is a minimum initial filing fee and final fee. This applies to cases featuring three or more arbitrators. This type of case becomes subject to the minimum initial filing fee of $4,400. Plus, there is a final fee for $3,850 binding arbitration clause.
Policy for Non-Monetary Claims
Our association must sometimes charge a non-monetary filing fee. This fee refers to the minimum filing fee. It applies to any case requesting non-monetary relief. Say that your party seeks both non-monetary relief and monetary damages. The highest total of the two filings fees then applies to types of arbitration.
Initial Filing Fee Refunds (Standard Fee Schedule)
Every party becomes subject to the $500 minimum non-refundable initial filing fee. This fee applies to all cases. Let’s go over our initial filing fee refund policy for settled or withdrawn cases. A fee gets calculated from the date our association receives a demand to arbitrate. 100% applies within 5 calendar days of the filing sample arbitration. 50% applies between 6 and 30 calendar days of the filing. 25% applies between 31 and 60 calendar days of the filing. Please keep in mind the following notion about refunds. A refund will not get provided once any arbitrator becomes appointed interest arbitration. This includes a single arbitrator serving on a three-person arbitral panel.
Final Fee Refunds (Standard Fee Schedule)
Say that your case gets withdrawn or settled. And that happens before the first hearing takes place. This means that all final fees that you paid can get refunded. Our association must get notified of a cancellation. And that must happen at least four days before the scheduled hearing date. Otherwise, your final fee charges will still apply. They will not get refunded.
Additional (Extra) Party Fees Related to the Standard Fee Schedule
ArbitrationAgreements.org additional/extra party fees will get charged as detailed above. These party fees become payable by each party. This applies if a claimant/respondent names more parties or does not name them. These fees should not exceed 50 percent of base fees within the fee schedule. But our association reserves the right to charge extra fees at arbitration decision. ArbitrationAgreements.org will do so if there are more than ten parties. (And each party has its own separate representation.)
Here is an example of how our additional party fee policy works. Say that one claimant has representation by a single attorney. And that party files pre dispute arbitration clause against two different respondents. But both respondents have representation through the same attorney. This means that our association will not charge additional party fees.
Now, say the respondents have representation through different attorneys. Or, one of the respondents has self-representation. That’s when an extra 10 percent of the initial filing fee gets charged. The charge applies to the claimant. Say the case moves to the final fee stage or proceed fee stage. An extra 10 percent of the fees will also get charged toward the claimant.
Deficient or Incomplete Filings
Say that an arbitration agreement does not reference ArbitrationAgreements.org. Our association will try to secure a new agreement between all parties. The new agreement will state parties agreed to have administration administered through us. Let’s say our association cannot secure this type of agreement arbitration contract. ArbitrationAgreements.org cannot proceed further. As a result, we must close the case from an administrative perspective arbitration hearing. We can then return the filing fees to the filing party. (Unless an amount related to the fee schedule connects to a deficient filing.)
Now, let’s say a party files demands for labor arbitration. And those demands are incomplete or do not meet our filing requirements. (These requirements relate to the official rules of ArbitrationAgreements.org.) That party will get charged a specified amount for making a deficit filing. This will happen if a party does not respond to our request to correct a deficiency.
Arbitrations in Abeyance
Sometimes cases get held in abeyance through mutual agreements. If this happens over a one-year period, an abeyance fee of $500 will get charged. Parties must split this charge on an equal basis. Say that a party refuses to pay an assessed fee. The other party/parties can pay the entire charge on behalf of every party. Otherwise, we will close your case from an administrative perspective. The payment of filing fees and all filing requirements must get met by parties. Otherwise, a matter can get placed into abeyance.
Additional (Extra) Service Fees
ArbitrationAgreements.org reserves a right to assess extra administrative fees. We will do so for services provided by us that go beyond our rules. Sometimes extra fees apply to the rest of each parties’ stipulation or agreement.
Hearing Room Rental Fees
The fees listed on this page do not refer to the cost of arbitration hearing rooms. We can provide the rental of hearing rooms to parties. But parties must contact ArbitrationAgreements.org for rates and availability.
Questions About Commercial Arbitration Fees? Please Call Us Now
Feel free to call our association with questions about commercial arbitration fees. Our experts can assess your legal situation and help you find cost-effective solutions. You're also welcome to email us or send a message on this website.
Services We Provide
We are a nationwide solution for businesses and individuals involved in legal disputes
Our association specializes in all aspects of conflict resolution
This applies to claims that total below $75,000.
Consumer arbitration is one of the key specialities of our association
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