Do you pay your Expert Witnesses $1,000 an hour? Summaries in the newspapers of recent studies reflect that Expert Witnesses often charge that much. Here is a handy link here. This report uses many of the studies as resources. It is interesting that in 1 out of 3 lawsuits, Expert Witnesses testify at Trial in Federal Court about the "reasonableness of a party's actions" and other "business/law/financial" issues, as reported by studies of Federal Civil Trials and surveys of Federal Trial Judges across the nation. More such issues are likely to be presented as the financial crisis deepens. Please Read The Disclaimer.
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