CPR INSTITUTE LAUNCHES NEW FLAT FEE MEDIATION PROGRAM

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CPR INSTITUTE LAUNCHES NEW FLAT FEE MEDIATION PROGRAM

Takes the mystery and uncertainty out of the process
Program offers high quality, predictable mediation for matters below $250,000 

NEW YORK, N.Y. (June 29, 2015) – As part of its ongoing mission to make dispute resolution more efficient and cost effective, CPR announces the launch of its new Flat Fee Mediation Program—an opportunity for early resolution of cases through mediation by mediators from CPR’s panel of distinguished neutrals for a predetermined flat fee. 

The Flat Fee Mediation Program, effective July 1, does not replace any of CPR’s traditional mediation program offerings, but rather offers an additional option that may be particularly appealing for those seeking highly qualified mediators willing to commit to a maximum daily fee. To date, approximately 200 mediators from CPR’s carefully vetted panel are available under this program.

The details of the program are as follows:

  • For disputes with less than $250,000 at issue, users may opt to have their matter mediated for a flat fee of $3,500, to be split among the parties ($2,500 when a CPR member is involved in the dispute). 
  • This amount will entitle the user to one day of mediation (up to 10 hours, including preparation). Thereafter, an hourly rate of $350 will apply, representing a significant discount from the rates normally charged by CPR’s experienced panelists for a mediation.
  • Any out-of-pocket expenses, such as room rental, will be billed separately by the mediator 
  • Mediators will be directly appointed by CPR, after the parties have agreed upon a date and venue. 
  • To streamline the appointment process and ensure the best neutral selection possible, the parties will complete an online form providing desired mediator qualifications, as well as a list of entities to be checked for conflicts. 
  • Parties wishing to choose their own neutral will still have that option by utilizing the traditional mediation process offered by CPR.

“In today’s environment where companies seek predictability of fees, but value high quality as well, this is a unique and valuable opportunity for those looking for resolution of cases involving dollar amounts that just don’t justify very large expense,” said CPR President & CEO Noah Hanft. “Through this new program, companies can gain access to CPR’s renowned panel of neutrals at significantly lower rates than those professionals generally charge. By allowing users to have such a clear view of what they are getting and paying, up front, before initiating their mediation process, this program stands out for its transparency.”
“We are thrilled to be able to offer this new option, which is just the latest step in fulfilling CPR’s mission of driving a global resolution culture,” added CPR Senior Vice President, Dispute Resolution Services, Helena Tavares Erickson. “And, based upon the number of mediators who have already signed up, our neutrals share our enthusiasm and can’t wait to get started.”

About CPR:  
CPR is an independent nonprofit organization that, for more than 35 years, has helped global businesses prevent and resolve commercial disputes effectively and efficiently. Our membership consists of top corporations and law firms, academic and government institutions, and leading mediators and arbitrators around the world. CPR is unique as: (1) a thought leader, driving a global dispute resolution culture; (2) a developer of cutting-edge tools and resources, powered by the collective innovation of its membership; and (3) an ADR provider offering innovative, practical arbitration rules, mediation and other dispute resolution procedures, and neutrals worldwide. For more information, please visit www.cpradr.org.

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Media Contact: 
Tania Zamorsky 
646-753-8223
tzamorsky@cpradr.org