Here at 4M our Commercial Property Arbitration service can help you resolve your commercial lease rent or renewal dispute. The cost of resolving your dispute will depend upon its complexity, the number of issues in dispute and the willingness of the parties to reach agreement. We suggest you speak to us at the outset and we will be able to help you select the most appropriate method for the resolution of your dispute, and discuss fees with you. Timescales for completion of work will depend on our availability which is dependent upon our team’s current professional commitments.
In many cases, 4MCPA will be able to resolve your dispute on a fixed fee basis. For the purposes of illustration we have set out some examples in the table below:
| 4MCPA Category | Category A | Category B |
|---|---|---|
| Directions | 4MCPA Category A directions apply | 4MCPA Category B directions apply |
| Cost | £4000 + VAT and disbursements. | £6000 + VAT (£8000 + VAT with hearing) and disbursements. |
| Papers | No more than 1 lever arch file of single sided paper, including submissions, reports, counters, replies and authorities | No more than 3 lever arch files of single sided paper, including submissions, reports, counters, replies and authorities |
| Timing | Reasoned written award within four weeks. | Reasoned written award within the later of six weeks, or four weeks from the hearing. |
| Method of determination | Single Arbitrator, paper only. | Single Arbitrator, Paper only. If required, one day’s hearing allowed at additional cost. |
