What is the cost of ADR?
The cost of ADR can vary widely depending on the type of ADR process, such as mediation or arbitration, and the complexity of the case.
Can you give me an estimate for arbitration costs?
Sure! Arbitration costs typically range from a few thousand to tens of thousands of dollars, depending on factors like the arbitrator's fees and the length of the process.
Are there any additional fees I should be aware of?
Yes, additional fees may include administrative fees, travel expenses for the arbitrator, and costs for expert witnesses if needed.
How does mediation cost compare to arbitration?
Mediation is generally less expensive than arbitration, often costing a few hundred to a few thousand dollars, depending on the mediator's fees and the duration of the sessions.
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