Litigation Costs in Panama

The litigant must bear the costs of the judicial process when they posses a monthly income over $500 or own property registered in the Public Registry.

Tuesday, March 12, 2013

An article by Alvaro Santana in reports that "In Panama, the administration of justice is free and there are no fees or taxes" with attorney's fees, making up about 80% of the costs of litigation.

"... Liliana Sanchez, director of the Center for Conciliation and Arbitration, warns that "depending on the speciality of the legal professional, they may charge more than the minimum rate," and "according to the instance where the process starts there may be different charges" which could include municipal, circuit, High Court or Supreme Court charges. "

"... The Bar Association of Panama has a table ( / tarifa.htm) containing the minimum fee charged by this collective, for example, $2,500 for filing an administrative litigation dispute or $3000 for representing a third party in the process. '

More on this topic

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September 2020

In order to access the $1.75 billion credit requested from the IMF, the Costa Rican government proposes to tax financial transactions, increase the tax on the profits of companies and individuals, and increase the tax on real estate.

On the afternoon of September 17, and in the context of a severe economic crisis that had been going on since before the beginning of the pandemic, the Alvarado administration presented the plan with which it intends to mitigate the fiscal impact of the Covid-19 crisis, a proposal to negotiate an agreement with the International Monetary Fund (IMF) to obtain a credit of $1.75 billion.

Costs of an Electronic Voting System

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The president of the Supreme Electoral Tribunal of Costa Rica has evaluated in $80 million the cost of an electronic voting system which would link all polling stations together.

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Nicaragua: The Most Difficult Country To Export From

December 2013

While in Panama a company can send a container abroad in 10 days, in Nicaragua the process takes 21 days.

Of all the countries in the region Nicaragua is the place where exporting or importing goods takes the longest, significantly increasing the cost of these commercial operations, said the Doing Business report issued by the World Bank (WB).

Capacity of Lawyers Trained in Private Universities Under Review

April 2011

The president of the Panama's National Institute of Lawyers has criticized legal qualifications awarded after only two years of study.

While students at Panama's state university graduate after seven years, some private universities award degrees after only two. The concern is that these new legal professionals are not receiving adequate training.

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