About Arbitration Pricing Calculator
The Reed Smith Arbitration Pricing Calculator app enables you to calculate the expected maximum administrative and tribunal costs of arbitration in more than 20 currencies based on several inputs, such as: - the amount in...
The Reed Smith Arbitration Pricing Calculator app enables you to calculate the expected maximum administrative and tribunal costs of arbitration in more than 20 currencies based on several inputs, such as:
- the amount in dispute
- whether the tribunal is to consist of a sole arbitrator or a panel of three
- whether an expedited or emergency procedure is to be adopted
- which institute will administer the case
The app forecasts expected costs based on the chosen institution’s fee schedule and practice notes, and provides you with other information about the institution and its rules. These costs are automatically converted to your chosen currency using up-to-date exchange rates. The app currently covers 37 international arbitration centres.
The price transparency of the app offers you several benefits:
- those negotiating contracts can forecast likely arbitration costs when deciding which institution to include in their dispute resolution clause
- parties to a dispute can budget for their case and calculate the deposits they may need to make to an arbitral institution
- arbitrators can estimate their fees for a given dispute
The app can also be used to help estimate the costs of ad hoc arbitration.
Jul 8, 2022
Version 1.3
We have added five new arbitration institutions to the app:
- American Arbitration Association
- BVI International Arbitration Centre
- Delos Dispute Resolution
- Georgian International Arbitration Centre
- Saudi Center for Commercial Arbitration
We have updated the information for the Dubai International Arbitration Centre to reflect its new Rules of Arbitration dated 21 March 2022.
Previous Versions
Here you can find the changelog of Arbitration Pricing Calculator since it was posted on our website on 2023-06-27 23:58:46.
The latest version is 1.3 and it was updated on 2024-04-19 19:06:53. See below the changes in each version.
Arbitration Pricing Calculator version 1.3
Updated At: 2022-07-08
Changes: Jul 8, 2022
Version 1.3
We have added five new arbitration institutions to the app:
- American Arbitration Association
- BVI International Arbitration Centre
- Delos Dispute Resolution
- Georgian International Arbitration Centre
- Saudi Center for Commercial Arbitration
We have updated the information for the Dubai International Arbitration Centre to reflect its new Rules of Arbitration dated 21 March 2022.
Disclaimer
Official App Store Link
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