Administrative Fee:
$225.00 per party for mediation/$300.00 per party for arbitrations. The administrative fee includes coordination and scheduling time, use of Aequitas’s facilities and complimentary snacks and beverages, document handling and exchange facilitation, copying, faxing, postage and administrative support. Courier service, express or overnight mail charges are not covered and will be invoiced to the party requesting or incurring same. Lunch will be provided upon request and invoiced to the parties at cost.

Neutrals Fee:
Range- $140.00-$385.00 per hour. Arbitrators and Mediators set their own hourly rate and professional time incurred by said neutral can include, but is not limited to preparation time, the mediation or arbitration session, extra sessions or follow-up time, and any expected research or reading time incurred. Depending on the distance traveled, arbitrators and mediators may charge for travel time and expenses.

Cancellation Policy:
Aequitas does not charge an administrative fee if a case is withdrawn before an arbitration hearing or mediation session has been scheduled. However, if a case settles or is withdrawn after Aequitas has confirmed a date with the parties, Aequitas will be entitled to it’s administrative fee and the neutral is entitled to a minimum (2) two-hour cancellation charge and/or may bill for any time actually spent on the case. A case that has been scheduled for more than one day which is cancelled, settled or withdrawn within ten (10) business days of the confirmed date will be assessed a minimum (4) four-hour cancellation charge for the neutral in addition to any time actually incurred by the neutral and the administrative fee.

Payment Policy:
All fees and expenses will be split between the parties or paid as otherwise agreed. Aequitas may require the parties to deposit such sums of money as deemed necessary to cover the expense of the proceeding, including the neutrals compensation and shall render an accounting to the parties at the conclusion of the matter, returning any balance due, if applicable. Otherwise, Aequitas will bill the parties at the conclusion of the proceedings, and if requested will bill for said services in accordance with any agreement reached by the parties with respect to apportionment of said fees.

Arbitrators and mediators are entitled to compensation for all time they spend on the case. This time includes telephone time, preparation time, attendance time, follow up time, and traveling. Aequitas is also entitled to reimbursement for all extra expenses, such as long distance calls, overnight mailing charges, ect.

One of the primary advantages of having an arbitrator or mediator is the ability to choose a decision maker with expertise that mirrors the nature of the dispute.