What are the costs associated with arbitration?

What are the costs associated with arbitration?

The costs of arbitration can vary widely depending on factors like the complexity of the case, the arbitrator's fees, and administrative costs.

Can you break down the typical fees involved?

Sure! Typical fees include arbitrator fees, filing fees, and any additional costs for expert witnesses or legal representation.

How do these costs compare to going to court?

Generally, arbitration can be less expensive than court, but it depends on the case's specifics. Some cases can still be costly.

Are there any hidden costs I should be aware of?

Yes, hidden costs can include travel expenses, document preparation fees, and costs for additional hearings or delays.