Costs : Arbitration

Arbitration Fees

18(1) Rates and fees will vary in accordance with the seniority of the arbitrator and the scale of the case: individual rates will be agreed with the ADR Co-ordinator before the commencement of the hearing. Quotations are available from the Senior Clerk on 0845 072 0111. Charges include all time spent in pre-arbitration hearings with parties, preparation time, attendance on the arbitration and preparation of the award. The following are examples but the parties must agree a specific rate with the Senior Clerk:

(a) The typical highest daily rate for an exceptionally complex commercial or international arbitrations is around £5,000 plus VAT, disbursements and expenses or £500 per hour.

(b) A typical daily rate for a major arbitration is £4,000 plus VAT and disbursements and for a standard arbitration is between £2,500 and £3,500 plus VAT, disbursements and expenses. The hourly rate will be between £250 and £400 per hour plus VAT, disbursements and expenses.

(c) Rates for papers-only will vary according to the volume of paper: typically they are billed at £200 per hour plus VAT, disbursements and expenses.

18(2) If an arbitral panel includes one or more arbitrators who are not associated with ADR Chambers, then the parties must make their own fee arrangements with such Arbitrator(s).

18(3) All arbitrations are booked as full days with a minimum charge of six (6) hours per day, plus reading time.

18(4) The party booking an appointment for arbitration and its representative, shall be jointly and severally responsible for the payment of the account rendered by ADR Chambers in relation to an arbitration, unless the parties otherwise agree and advise ADR Chambers to the contrary, in writing, within seven (7) business days of booking the arbitration.

18(5) The administrative fee referred to in Rule 17(4) shall be £125.00 plus applicable VAT and any reasonably incurred disbursements and expenses.

19. Venue Expenses

19(1) Arbitrations held at the main offices of ADR Chambers are subject to a venue charge as follows:

London (Southampton Place): £300 to £500 per day plus VAT and expenses (such as victuals) for the use of facilities, depending upon the number of persons attending the arbitration and the size and number of rooms used.

Manchester (Deansgate): £200 to £400 per day plus VAT and expenses (such as victuals) for the use of facilities, depending upon the number of persons attending the arbitration and the size and number of rooms used.

Taunton (Blackbrook): £200 to £400 per day plus VAT and expenses (such as victuals) for the use of facilities, depending upon the number of persons attending the arbitration and the size and number of rooms used.

Paris (Avenue Foch): £300 to £500 per day plus VAT and expenses (such as victuals) for the use of facilities, depending upon the number of persons attending the arbitration and the size and number of rooms used.

19(2) Arbitrations held at the other premises used by ADR Chambers are subject to a venue charge as follows:

London (Inns of Court or Heathrow): £400 to £600 per day plus VAT and expenses (such as victuals) for the use of facilities, depending upon the number of persons attending the arbitration and the size and number of rooms used.

London (Sloane Square or Chiswick): £300 to £500 per day plus VAT and expenses (such as victuals) for the use of facilities, depending upon the number of persons attending the arbitration and the size and number of rooms used.

Cambridge (Fenners): £200 to £400 per day plus VAT and expenses (such as victuals) for the use of facilities, depending upon the number of persons attending the arbitration and the size and number of rooms used.

Provincial venues (32 locations): £200 to £400 per day plus VAT and expenses (such as victuals) for the use of facilities, depending upon the number of persons attending the arbitration and the size and number of rooms used.

19(3) The parties may wish to make their own arrangements for the venue of the arbitration and be responsible for any charges in connection therewith. If the ADR Chambers Co-ordinator makes the arrangements for an arbitration and the venue, other than at any of the offices of ADR Chambers, the Co-ordinator does so solely as an agent of the parties who are jointly and severally liable for the expenses incurred. Such expenses will be added as a disbursement to the ADR Chambers account.

 

©2002 ADR Chambers (UK) Ltd.