The LMAA (London Maritime Arbitrators Association) has published increases to some of its Small Claims Fees, with effect from 1 July 2008. The Small Claims Proceedure applies to claims not exceeding US$50,000 (or a higher amount, if the parties agree).

The basic fee payable to the arbitrator has increased from £1,750 to £2,000, and the additional fee payable where the counterclaim exceeds the claim has increased from £1,000 to £1,250. The limitation on costs in favour of the successful party has increased from £2,500 to £2,750. Where the counterclaim exceeds the amount of the claim, the limitation on costs has increased from a maximum of £3,000 to £3,250 for a claim and counterclaim.

For a full list of the fees, see the Note on Fees on the LMAA website.