Counsel fees

ALARB, Colombia, Costs in arbitral proceedings, Counsel fees, Investor-State arbitration, Latin America

(Mürrle Asesores)/ /1 Comment
Asociación Latinoamericana de Arbitraje (ALARB)

The 2022 report of Colombia’s National Agency for Legal Defense of the State (the “Agency”) provides insightful information about costs in investment arbitration (the “2022 Report”). Based on a statistical analysis, it (i) establishes current trends and criteria in connection with the allocation of costs in investment arbitration, and (ii) determines the average costs of an…

Conditional fee agreements, Contingency Funding, Costs, Costs in arbitral proceedings, Counsel, Counsel fees, Fee Agreeements, Hong Kong, outcome related fee structures, Singapore

(Shearman & Sterling LLP) and (Shearman & Sterling)/ /Leave a comment

In Singapore, lawyers and their clients will soon be able to enter into conditional fee agreements (“CFAs”) for arbitrations and certain court proceedings. CFAs provide parties with an alternative to traditional fee arrangements and third-party funding (“TPF”) by enabling part or all of their lawyers’ fees and costs, as well as an uplift fee, to…

Conditional fee agreements, Costs, Costs in arbitral proceedings, Counsel, Counsel fees, Hong Kong

(Herbert Smith Freehills LLP)/ /Leave a comment
Herbert Smith Freehills

At present, Hong Kong lawyers are prohibited from charging outcome related fees in arbitration. As discussed in a previous blog, the landscape started to change since the publication of a Consultation Paper by the Outcome Related Fee Structures for Arbitration Sub-committee (the “Sub-committee“) of the Law Reform Commission of Hong Kong (the “Commission“). The Sub-committee…