The Charles River Group, LLC
Boca Raton, FL
United States
ph: 561-981-6115
info
Residential Foreclosure and Pre-Foreclosure Mediation Pricing Structure ...
For law firms representing clients in residential foreclosure cases, CRG has created a price structure with the objective of minimizing the cost to the parties.
CRG's pricing structure takes into consideration the location and the number of successive mediations performed in one day; CRG then cost adjusts it's pricing to pass along realized savings to the parties.
Contact Ray Leon at ray.leon@crg-intl.com to request a foreclosure mediation price structure proposal that is customized to best meet your requirements.
Business/Commercial Mediation and Corporate Negotiation Fee Rates ...
CRG's base fee schedule for mediations and corporate negotiations is as follows: $150 per party per hour with 2 parties; $120 per party per hour with 3 parties and $100 per party per hour with 4 parties. A "party" is defined as one or more persons or entitites who have a common interest and who are represented by a single attorney or lawfirm (or lead counsel and local counsel).
Travel Rates ...
There is never a travel time charge for services conducted in Palm Beach, Broward, and Dade counties in South Florida. For services conducted outside these three counties the charge for travel time will be fairly negotiated and then divided equally by the number of parties. If an overnight stay is necessary, lodging and food will be billed at their actual cost.
Payment terms ...
Credit is extended only to legal counsel who are primarily responsible for payment. As a result, counsel are requested to have their clients bring a check or credit card to the mediation, or to obtain sufficient retainer funds from their clients in order to cover the mediation fees. Checks should be made out to "The Charles River Group, LLC"
Mediation Scheduled Start Times ...
Mediations are typically scheduled in Half Day, 3.5 hour blocks, Monday through Saturday. The first block is from 8:30am - 12:00pm. The second block is from 1:30pm - 5:00pm. Full Day mediations begin at 8:30am and continue until complete.
Cancellation Policy ...
Cancellation fees NEVER apply if another mediation is able to be scheduled in place of the canceled mediation (in the same time slot/s on the same day). However, for all cases where the time slot/s are unable to be filled ... If scheduled for a half day, a cancellation fee of two hours time will be charged at the applicable hourly rate if canceled less than fourteen (14) full calendar days before the scheduled Mediation date. If scheduled for a whole day, a cancellation fee of four hours will be charged at the applicable hourly rate if canceled less than fourteen (14) full calendar days before the scheduled Mediation date. Cancellation fees will be billed to the parties requesting the cancellation. Cancellation fees apply regardless of whether the mediation being canceled is, or is to be, rescheduled. If a mediation is scheduled 14 or fewer days before the scheduled date and is then canceled, the cancellation fee will apply if canceled less than 7 full calendar days before the scheduled date. If a mediation is scheduled 7 or fewer days before the scheduled date and is then canceled, no cancellation fee will be due.
Contingency Fee Mediation (CFM) ...
FACT: ... Contingency Fee Mediation is prohibited by Florida State Supreme Court Rules for Mediation. "A mediator shall not charge a contingent fee or base a fee on the outcome of the process."
However, there are groups in other parts of the USA that are exploring CFM in targeted dispute situations where both sides of a dispute prefer that the mediator receive the full prior negotiated fee, equally paid by both sides, based on the successful settlement of the dispute. If no settlement is reached, then the mediator will only recover expenses and a modest fee.
CFM is a controversial topic in most mediation circles because it brings into question the mediator's ability to remain neutral if his/her compensation is tied to the outcome of the mediation.
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Copyright 1995 - 2011 The Charles River Group, LLC.
All rights reserved.
The Charles River Group, LLC
Boca Raton, FL
United States
ph: 561-981-6115
info