This week, the National Advertising Division announced new filing fees that will take effect on January 1, 2020. The new fees to bring a challenge are:
- Under $250M - $10,000
- National Partner - $25,000
- Under $5B - $30,000
- Over $5B - $35,000
- NARB - $25,000
Notably, NAD also announced a new fee category, created to "encourage participation from small businesses." The new category will allow business with a gross annual revenue of under $250 million to initiate a challenge for only a $10,000 fee -- less than half that of the fee for a National Partner.
NAD also provided insight into what's potentially on the horizon for 2020: a new online submission process and a new challenge track for faster resolution of disputes, all intended to "increase the speed and efficiency of the process."
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This post first appeared in Frankfurt Kurnit's Focus on the Data blog (www.focusonthedata.com). It provides general coverage of its subject area. We provide it with the understanding that Frankfurt Kurnit Klein & Selz is not engaged herein in rendering legal advice, and shall not be liable for any damages resulting from any error, inaccuracy, or omission. Our attorneys practice law only in jurisdictions in which they are properly authorized to do so. We do not seek to represent clients in other jurisdictions.
Originally published by the New York Legal Ethics Reporter
This alert provides general coverage of its subject area. We provide it with the understanding that Frankfurt Kurnit Klein & Selz is not engaged herein in rendering legal advice, and shall not be liable for any damages resulting from any error, inaccuracy, or omission. Our attorneys practice law only in jurisdictions in which they are properly authorized to do so. We do not seek to represent clients in other jurisdictions.
This alert provides general coverage of its subject area. We provide it with the understanding that Frankfurt Kurnit Klein & Selz is not engaged herein in rendering legal advice, and shall not be liable for any damages resulting from any error, inaccuracy, or omission. Our attorneys practice law only in jurisdictions in which they are properly authorized to do so. We do not seek to represent clients in other jurisdictions.
