Standard Arbitration Fees & Process:
- Administrative: $250.00 per party, per day.
- Arbitration Initiation Fee: $1,500.00 per party, per arbitrator and for every postponements or rescheduling of a hearing within three (3) calendar days of a scheduled hearing
- Neutral’s Fee: Each neutral charges an hourly rate (per party)
- Conference Room Fee (per room/per party): $150.00 (no fee for virtual meeting)
- Contemporaneously with Demand for Arbitration, the party demanding arbitration must pay its share for the first day’s Administrative Fee and the Initiation Fee;
- After we receive the demand for arbitration, then we will then give notice to both parties who must pay a deposit of $2,000.00 to be applied to their final bill (and the Responding Party(ies) must pay its Administrative Fee and Initiation Fee); unearned amount will be refunded to the parties.
- They will then be assigned an Arbitrator and they will work together to schedule the arbitration;
- The arbitration will be governed by the Georgia Center for Arbitration & Mediation’s “General Arbitration Procedures.”
- There is a four (4) hour minimum charge for all hearings and all cancellations, or postponements made between ten (10) and four (4) calendar days of the scheduled matter;
- There is an eight (8) hour minimum charge for all hearings and all cancellations or postponements made within three (3) calendar days of the scheduled matter;
- Hourly fees are the same for any additional time spent on the initial telephone conference call, pre-arbitration matters, document review, research, written findings of fact/law, or if necessary, to prepare an informed award or evaluation.
- A final bill will be presented at the conclusion of the Arbitration, and the Parties are expected to pay at that time.
- Under no circumstances will any award or order be given until payment-in-full has been received
- The Parties are responsible for any post-arbitration or post-mediation work performed by the neutral net ten (10) days.