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24 July 2013 / Mark Solon
Issue: 7570 / Categories: Features , Expert Witness , Profession
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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

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NEWS
The Law Society RFC Festival of Sport returns next month, bringing together legal and financial services professionals for one of the sector’s largest annual sporting events
Legal aid deserts leave almost one in four without adequate access to justice
The Solicitors Regulation Authority (SRA) has warned solicitors and law firms that using artificial intelligence does not alter their professional obligations, amid concerns over inaccurate legal material and client confidentiality
From forgotten interest claims to case-management appeals, a string of procedural developments offers useful—and occasionally cautionary—lessons for practitioners

Jonathan Fisher KC highlights that it now accounts for around 40% of criminal offences, with roughly 70% involving technology, and argues that the UK cannot simply prosecute its way out of the problem. Detection, investigation and prosecution all require improvement, while different fraud types demand tailored responses.

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