2 إجابات
أفضل إجابة
For USD 3M with three arbitrators under DIAC 2022 Rules: institutional fees ~USD 55-75k (sliding scale on claim value), arbitrators' fees combined USD 250-400k depending on complexity, expert fees USD 80-150k, counsel fees USD 500k-1.2M for full hearing. Total realistic budget USD 900k-1.7M for a 12-month proceeding. Counsel fees dominate the budget — choose a counsel rate structure (fixed-fee phases or capped hourly) before engagement. Two-thirds of the spend is recoverable in the award if you prevail.
مفيد (25)
On managing cost: agree on document-only or limited-witness procedures upfront to avoid the full hearing cost. DIAC's expedited procedure (for amounts under USD 1M) is not available here but a 'streamlined' bespoke procedure can be agreed to cut 4-6 months.
مفيد (3)
أسئلة ذات صلة
العودة إلى الأسئلةIs the arbitration clause in my contract enforceable if it just says 'Dubai arbitration'?
2 إجابات
Enforcement of a DIFC arbitration award against UAE mainland assets
بانتظار الإجابات
Mediation before arbitration — is it mandatory under the new UAE Mediation Law?
1 إجابات
Does ADGM employment law calculate end-of-service gratuity differently from UAE mainland rules?
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