Relieving the stress and
making a painful process painless
Most claims that are $50,000 or less under the traditional model are not worth pursuing. Cold Spring Advisory Group makes your claim worth pursuing.
Traditional Average cost of an arbitration $30,000 to $50,000 and up!
- Attorney Fee:
$10,000 retainer (plus average hourly rate of $350 per hour) - Filing Fee:
$1500 to $2500 - Arbitration Panel:
$800/day per panelist.
3 panel system: $50,000+
Cases: $2400/day
Average 5 Day Case Total: $12,000 - Expert Witness Fees
$350/hour plus Travel (plane tickets $500, Hotel $300 for 3 nights)
Total Approx: $5000
Cold Spring Advisory economics of group arbitration:
- Cold Spring retainer fee will include cost of filing fees, arbitration panel cost, expert witness cost.
- Attorneys work on full contingency basis with an average of 70% to client and 30% to attorney.
- Client incurs NO other costs.