CEDR Solve

Fees

CEDR Solve's mediation fees are calculated as follows:

• Instruction fee £250 per party; plus
• Mediation fee based on an hourly rate of between £140 and £450, split between the parties.

When calculating the fee, CEDR Solve takes into account:

• number of parties involved
• amount in dispute between parties
• required mediator preparation time (usually 2.5 hours per party)
• seniority of mediator
• any other relevant matters, such as timeframe for set-up and complexity of the matter.

The mediation fee is normally quoted on the basis of a 10-hour mediation day (or 8 hours for smaller cases). VAT and expenses are additional.

Examples:

A two-party dispute between a retailer and manufacturer over unpaid invoices amounting to £45,000 was recently settled by a CEDR Solve mediator in a single day for a total fee of £2,120, split equally between the parties.

A two-party dispute between a local authority and a builder over a £270,000 construction contract was settled by a CEDR Solve mediator in a single day for a total fee of £4,425, split equally between the parties.

A two-party £2.2 million dispute between a main contractor and subcontractor about the construction of a power plant was settled by a CEDR Solve mediator in a single day for a total fee of £6,800, split equally between the parties.

For claims up to £700,000 parties may alternatively wish to consider our reduced cost pilot service. Please see the following link www.cedr-solve.com/services/pilot.php.

CEDR Solve always agrees the basis of pricing with clients before the mediation. Please call CEDR Solve on 020 7536 6060 and ask to speak to one of our Client Advisers if you would like more information on the range of mediators available to assist you and likely costs for a particular case.

Our terms and conditions are available at www.cedr-solve.com/terms.

More information onur people and fee structure is availble by clicking here to visit the CEDR Solve Website.

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