Arbitration costs include the arbitrator's fees, institutional administration fees, and legal costs, which can be comparable to or higher than litigation for smaller disputes but often prove more cost-effective for complex, high-value, or cross-border cases. Choosing a sole arbitrator instead of a three-member tribunal is one common way to reduce costs.
Quick Question
How Much Does Arbitration Cost in Singapore?
The short answer
Quick answer
Arbitration costs include the arbitrator's fees, institutional administration fees, and legal costs, which can be comparable to or higher than litigation for smaller disputes but often prove more cost-effective for complex, high-value, or cross-border cases.
General information only. This answer does not constitute legal advice. The appropriate response depends on the facts and circumstances of each matter.
Speak with our team