Errata: AAA fees.

• Author: Leiby, Larry
• Position: Letters - Letter to the editor - Correction notice

In the article I wrote for the Florida Bar Journal, "What Does It Cost for AAA, JAMS, or CPR to Administer an Arbitration Case and How Do the Initial Filings Vary?" (July/August), I miscalculated the filing fees for two of the three examples for the American Arbitration Association (AAA). The proper formula to determine an AAA filing fee for a claim above $10 million is a base fee of $12,800, plus .01 percent of the amount above $10 million. For the example given for a $20 million claim, the base AAA fee would be calculated as follows:

* Base AAA filing fee for claim above $10 million: $12,800

* Plus .01% of amount above $10 million (+$10 million): $1,000

* Total AAA filing fee for a $20 million claim: $13,800

* Plus $6,000 final fee, which totals $19,800

1. While I miscalculated the filing fee for the $20 million claim in the original article, the calculation of the administrative fee for the $5 million counterclaim would remain the same. Thus, the AAA administrative fee for the $20 million claim and $5 million counterclaim is a total of...