Arbitration Fee Schedule (Adobe® Acrobat Required, get it here)
For each designated arbitration, USA&M charges a filing fee of $350 per party, regardless of hearing location. Parties are defined as those needing separate legal counsel and/or a separate insurance company representative.
Arbitrator time for matters conducted within the St. Louis metropolitan area is charged at the rate of $300-$500 per hour. Arbitrator time for matters conducted outside of the St. Louis metropolitan area will be charged at local rates. They are entitled to compensation for all time spent on the case, including preparation time, telephone time, attendance at the arbitration hearing, follow-up and travel time. A portion of the hourly rate is retained by USA&M as part of its charge.
USA&M is entitled to reimbursement for any administrative expenses such as long-distance telephone or overnight mail charges.
When a case is withdrawn after an arbitrator has reserved a date for the hearing, he/she is entitled to request a minimum two-hour cancellation fee.
The Fee Schedule for Consumer Arbitrations may be found in the Consumer Addendum of the USA&M Consolidated Arbitration Rules and on our website at www.usam-midwest.com/arbcfs.shtml.
Billing
Arbitrations are billed in advance of the hearing date. The filing fee must be paid at the time of the filing of the claim. All other fees for the arbitration will be billed and shall be paid before the date of the hearing. Supplemental billings will be made as circumstances require. Fees are usually divided equally between the parties, although payment of all fees by one side is not unusual. All payments must be received prior to the issuance of an award.Lunch
Should you so desire, lunch can be provided to the parties at an approximate cost of $8 per person.This fee schedule applies to cases received by our office on or after January 10, 2012. Fees may be modified in the discretion of USA&M and are subject to change without notice.
NOTE: Nothing contained herein is intended to give legal advice. Individuals should always consult with an attorney before entering into a contract.