An expert witness or professional witness is a witness, who by virtue of education, training, skill, or experience, is believed to have knowledge in a particular subject beyond that of the average person, sufficient that others may officially (and legally) rely upon the witness's specialized (scientific, technical or other) opinion about an evidence or fact issue within the scope of their expertise, referred to as the expert opinion, as an assistance to the fact-finder. Expert witnesses may also deliver expert evidence about facts from the domain of their expertise.
Expert Witness Retainer Agreement Specifications
Lawyer is responsible for fee, not lawyer's client
Interest on delinquent accounts
Out-of-pocket expense policy
Retainer/prepayment requirements
In-Court testimony minimum fees
Retaining counsel will pay for all deposition charges
Portal-to-Portal travel time
Payment for preparation time
Expert Witness Fee Schedule;
In Court Testimony- 4 Hour minimum $300/Hour
Deposition Fees: 3 Hour minimum $300/Hour
File Review and Preparation Fees: $250/Hour
Cancellation Fees for Deposition- 3 Hours @ $300/Hour
Cancellation Fees for Trial- 4 Hours @ $300/Hour
5 Business Day Written Notice for Cancellations
Retainer Fees- $1,500.00 paid up front, non-refundable paid by retaining counsel