FEE RATES AND EXPENSES FOR MEDIATION AND/OR ARBITRATION CONFERENCES, EFFECTIVE JANUARY 1, 2023.
Each participating side will be billed equally per the rates listed below for Mediation and/or Arbitration (“Conference”), unless otherwise agreed by the parties. Invoices will consist of all time spent on the dispute, including, but not limited to, preparation time, telephone conferences, e-mail correspondence, attendance at the Conference, admin expenses, travel fees and expenses where applicable, conference room rental where applicable, billing and collection efforts (including, but not limited to, my attorneys fees and costs if necessary), assistance with the preparation of any agreements by the parties and any reporting of the Mediator/Arbitrator to counsel, to the court or to an arbitration panel.
CONFERENCE TIME FEE RATES
- $275.00 per hour per side for two-sided party disputes
- $230.00 per hour per side for three-sided party disputes
- $200.00 per hour per side for four-sided (or more) party disputes
- For half-day Conferences, a minimum fee of 3 hours will be charged
- For full-day Conferences, a minimum fee of 6 hours will be charged
CONFERENCE ROOM RENTALS
For Conferences that require rented accommodations , the expenses will be included in invoices and pro-rated to each side.
TRAVEL FEES AND EXPENSES
- Travel Fees – Time for travel, where applicable, will be billed at $300 per hour will be included in invoices and will be pro-rated to each side.
- Travel Expenses – Mileage, airfare, parking, hotel rooms and meals, where applicable, and any other related expenses will be included in the invoice and will be pro-rated to each side.
CANCELLATION POLICY AND FEES
Mr. Albrecht accepts engagements to the exclusion of scheduling other work during the time period reserved. Accordingly, the following applies to all matters.
In the event of cancellation within five full (5) business days before the scheduled Conference, each side will be required to pay the total Cancellation Fee of $1200.00, split amongst the sides, unless the retention letter states a different amount.
All cancellations must be communicated via email with the agreement of all sides expressly noted; preferably with both sides’ counsel on the email communication.
PAYMENT AND ADVANCE DEPOSIT POLICY
Payment of fees and expenses shall be paid at the conclusion of the Conference.
The attorneys representing parties in this matter or their law firms are responsible to ensure that the Mediator/Arbitrator is paid in a timely fashion, and if not, the attorney (or law firm, if the attorney practices in a firm) will be personally liable for said fees and costs, including any cancellation fees.
Pro se parties (those not represented by attorneys) must pay no later than the conclusion of the Conference. An advance deposit may be required to secure payment by pro se parties.
Invoices are typically emailed after the conclusion of the Conference. However, in cases where Albrecht Mediation Services, in our sole discretion, believes it to be necessary, an advance deposit may be required from a party or its counsel. Failure to pay any required advance deposit by the payment deadline will result in cancellation of the Conference.