Calculation of Arbitrators’ Fees

Abstract

Arbitral fees are not a frequent topic of conversation among people involved in arbitration. Likewise, by connoting a more commercial than legal aspect and implying economic remuneration for a dispute resolution service, it could even be uncomfortable. Despite this, it is necessary to reflect on the proper understanding of the rules used in the ordinary course of the professional practice of arbitration; that is, the regime of arbitration fees.
In this article, the author makes a synthetic review of the arbitration fee regime, supporting both on the theory and the experience of arbitration institutions and legislations, in order to put into perspective, the different options that institutions and national arbitration laws have taken on this matter.