There typical charging model for mediation and ADR work is a fixed fee to cover a set number of hours for reading in an attendance at by the mediator/ decision maker.
This means we will agree a fee covering a set number of preparation and attendance hours and any time spent over this will be charged at a separately agreed hourly rate. Both the fixed fee and the hourly rate will be agreed in advance of the mediator/ decision maker starting work and will be set out in the Mediation Agreement which will be signed by both parties.
Please see below estimates based on the ranges of fixed fees for barristers at Old Square Chambers acting as mediator.
|Item||Range of fees (estimates)|
|Hourly rate||£100 to £750 plus VAT|
|Reading in and attending half day mediation||£1,000 to £5,000 plus VAT|
|Reading in and attending one day mediation||£1,500 to £10,000 plus VAT|
Wherever possible, we will endeavour to achieve the timescales outlined, or any other reasonable timescales agreed at the time of accepting the instructions. Timescales may vary depending on factors such as barristers’ availability, the complexity of your case, the need for additional documents and the other side’s approach. Chambers will, wherever possible, endeavour to provide advice and representation that meets and exceeds the needs of our clients. Unforeseeable factors such as tribunal/court delays, cases overrunning, barrister illness and other factors outside of our control could cause delays. We will always endeavour to work with you to ensure we meet and exceed your expectations wherever possible. Where it is not possible, we will ensure we communicate clearly and regularly with you to guide you through any challenges.