Mediations/Arbitrations:
Mediations/Arbitrations which take place in Boston will be billed at the flat fee rate of $10,000 per day. Mediations/Arbitrations which take place outside of Boston will be billed at the flat fee rate of $12,500 per day. Mediator services for international Mediations/Arbitrations will be based on a negotiated rate. Preparation and follow-up time will be billed at the hourly rate of $700/hour. Administrative services are included in professional fees for no additional charge.
Additional Fees:
- ADR Law Clerk fee – Pre- and post-mediation assistance provided to Professor Green by his ADR Law Clerk will be billed at $175 per hour. There is no charge for the time spent by the ADR Law Clerk at mediation sessions, unless otherwise agreed.
- Rescheduling – (1) No rescheduling fee will be charged if a mediation/arbitration session is rescheduled more than 45 days before the date of the session; (2) a rescheduling fee of 50% of the applicable daily mediation/arbitration fees will be charged if a session is rescheduled within 45 days of the session, unless the day(s) can be rescheduled for another matter, through reasonable efforts.
- Cancellation – (1) If a mediation/arbitration session is canceled more than 45 days before a session, prepaid professional fees are fully refundable, except to the extent preparation or other professional time has already been incurred; (2) the parties are charged for incurred preparation time and booked daily mediation/arbitration fees in cases canceled less than 45 days before the session, unless the day(s) can be rescheduled for another matter, through reasonable efforts.
- Early Completion – If a mediation/arbitration session is completed in fewer day(s) than reserved, the actual time reserved but not used by the Parties will be billed unless the day(s) can be booked for another matter, through reasonable efforts.
Expenses:
Actual expenses for Professor Green and the ADR Law Clerk are billed at cost. Air travel for Professor Green is business class/first class depending on availability; air travel for the ADR Law Clerk is economy class.
Billing and Payment:
A prepayment based on estimated fees and expenses is billed and due when the engagement is confirmed as set forth in the Mediation/Arbitration Agreement. Follow-up invoices are due upon receipt. Any portion of the prepaid estimated fees and expenses unused as the result of overestimate of preparation time or expenses will be promptly refunded.
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