Do not be fooled: it is possible to obtain the highest quality international arbitration legal representation at cost-effective rates, allowing businesses and States to spend their finite resources on core activities rather than wasting them on legal fees.
Our goal is to do everything that is in our client’s interest, which includes ensuring that each client receives exceptional value for its legal expenditures, while leaving no stone unturned to resolve each dispute in our client’s favour.
Although our firm’s track record is among the best in the field of international arbitration, we are highly cost-effective and charge a fraction of the legal fees of the large corporate firms we usually face and where we previously worked.
Unlike other firms, we also guarantee both the cost and the quality of our work: if a client is not convinced that it is receiving the best international arbitration legal representation available, as well as the best value for its legal expenditures, then we will reimburse all legal fees it has paid over a three-month trial period with no questions asked.
Although we have never lost a case where we served as lead counsel, the cost savings for our clients have been dramatic. For instance, in a recent, two-year ICC international commercial arbitration against a large multinational firm, opposing counsel’s legal fees were GBP 1,007,284.90 (USD 1,408,194.36), our legal fees were capped at USD 250,000.00, and our client won the full value of its claims, the opponent’s counterclaims of over USD 130 million were dismissed, and our client was reimbursed the majority of its costs. Similarly, in a recent LCIA arbitration, our hourly rates were approximately one-third those of opposing counsel, which lost on all issues in the award that was rendered. In a recent investment treaty arbitration, our own legal fees were approximately one-sixth those of the large corporate firm we faced, and we succeeded on all issues for which we were responsible. In a recent ICDR case, we were able to assist our client in settling a dispute against the world’s third largest company for less than would have been paid to a large international corporate firm for a mere retainer. In UNCITRAL, SIAC and JAMS arbitrations, our own legal fees have also paled in comparison to opposing counsel’s fees, although the disputes ended on highly favourable terms for our clients.
We can offer unbeatable value because our lawyers are smart, highly-experienced in international arbitration, have the highest standards, make use of the latest technology, refuse to overcharge clients, and we always love a good fight and do not bill for the extra time that is required in order to obtain a positive outcome for each of our clients.
We also offer true cost predictability for clients. As most lawyers renegotiate caps mid-course on the basis of a variety of pretexts, our standard letter of engagement contains a provision whereby agreed caps can never be renegotiated, regardless of unforeseen circumstances such as counterclaims being made.
We bill on the basis of highly competitive hourly rates, on a capped stage-by-stage basis, on a partial success fee basis, or using a combination of these methods. For respondents in international arbitrations, Aceris can offer a holdback arrangement, whereby a portion of legal fees is never paid unless the matter is concluded in line with our client’s interests.
We have also successfully assisted clients in obtaining third-party funding in the past, for both commercial and investment arbitrations.
If you would like to obtain unbeatable value for the highest quality international arbitration legal representation, please feel free to contact us and we would be glad to discuss how Aceris can assist you, your business, or your State, in resolving its international dispute, while providing the maximum potential cost of our legal services in a fully transparent manner.