Manage your Intellectual Property in Latin America

What are the mediation costs?

What are the mediation costs?

They are composed of the meeting venue expenses and the mediator's fee, which is agreed on a mutual basis. It could consist of a daily or hourly remuneration. Alternatively,, the mediation center could charge an additional fee (I.e. World Intellectual Property Office (WIPO) Center for Mediation and Arbitration charges 0,10% of the conflict’s value). Legal representatives' fees and other variable costs are to be added. One of the most remarkable advantages of mediation is that costs are shared equally, while in litigation normally the looser has to cover all costs.

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