For those who value speed, cost-effectiveness and privacy in proceedings, mediation is a highly attractive option. With a success rate typically over 80%, mediation allows parties to put a dispute behind them and to move on with minimal lasting damage to working relationships.
Mediation is, however, no longer simply an option. Increasingly, courts in the UK and in other jurisdictions around the world expect the parties to take the opportunity to mediate or face the consequences - such as adverse costs rulings even for successful parties. This is particularly the case in the English courts where a number of cases have seen penalties imposed on parties who have resisted mediation.
Members of Keating Chambers frequently advise and assist parties prior to and during mediations. Experienced in taking a non-adversarial role, they are also highly skilled at developing the type of innovative solutions to disputes that mediations encourage.
Mediation also requires the appointment of a skilled, knowledgeable and sympathetic individual to assist the parties in reaching settlement. Keating Chambers has several highly regarded and experienced mediators who are regularly instructed to mediate the settlement of construction disputes.
Fixed fee Mediation Packages
Keating Chambers recognise that small, low value construction disputes can be difficult to litigate cost effectively and in some circumstances legal costs, can soon exceed the value of the original Claim.
In small value disputes (typically under £40,000) Keating Chambers can offer the parties speedy and cost effective Mediator packages to assist with resolving their dispute. Our junior Mediator package will provide a Mediator from Keating Chambers under ten years call along with rooms within our Mediation suite.
Typical examples of fees in low value Mediations:
Half day Mediation: £275.00 + VAT per party (Includes room, Mediator and 2 hour’s preparation)
Full day Mediation: £425.00 + VAT per party (Includes room, Mediator and 4 hour’s preparation)
Claims over £40,000:
Whatever the value and complexity of your dispute, Keating Chambers will have a Mediator to assist the parties.
Please contact either Simon Wigley or Chris Sunderland to discuss your requirements or telephone on +44 207 544 2600.