header-logo header-logo

24 July 2013 / Mark Solon
Issue: 7570 / Categories: Features , Expert Witness , Profession
printer mail-detail

In our estimation

Mark Solon reviews the new costs regime for expert witnesses

Builders do it. Car mechanics do it. And now expert witnesses have to provide costs estimates, under the revised Civil Procedure Rules which came into effect in April following Lord Justice Jackson’s report into civil litigation costs.~

Experts comfortable with the old regime may be perplexed by the demands of estimating how much to budget for assessment, research, report-writing, travel, meetings, questions and court appearances. Meanwhile the court enjoys new powers to reduce fees deemed to be disproportionate. Is it worth being an expert witness?

Business time

Some committed experts are upbeat: they can run their operations more like a business—offering fixed and capped fees, for example—and cherry-pick the most profitable work. If they can help solicitors give a costs estimate and identify the key issues, they won’t be pricing themselves out of the market—they are more likely to be employed. Those appointed as a single joint expert, working on behalf of both sides, will be able to earn higher rates

Experts baulking

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Weightmans—Jason Slatcher

Weightmans—Jason Slatcher

Weightmans appoint new Chief Technology Officer

Mishcon de Reya—trainees

Mishcon de Reya—trainees

Mishcon de Reya announces trainee retention rate of 86%

Sackers—Charlotte Adams & Fraser Sutton

Sackers—Charlotte Adams & Fraser Sutton

Sackers welcomes two new Graduate Solicitor Apprentices

NEWS
LexisNexis is delighted to announce the launch of the LexisNexis Legal Awards 2027, celebrating outstanding achievement, innovation and impact across the legal profession
The Legal Services Board (LSB) is to take further enforcement action against the Solicitors Regulation Authority (SRA), setting additional performance targets and ‘intensifying’ its oversight, it has said
Regulators missed several opportunities to intervene in PM Law Group before it collapsed, an independent review by City firm Jenner & Block has found
An employer’s vicarious liability for the alleged torts of an employee cannot be transferred by TUPE, the Court of Appeal has confirmed
Tiered fees of up to £1,500 for Legal Ombudsman (LeO) cases could leave firms with little option but to pay out, lawyers have warned
back-to-top-scroll