Is your expert too expensive?
Expertpages, has released the results of an on-going survey of experts. They found:
* Those responding charged an average of more than $290 an hour.
* All the experts charge at least $100 an hour, and 77% charge more than $200 an hour.
* At the top of the scale, 2% charge $600 or more per hour.
*Hourly rates are the way to go.
*No one reported using flat rates for their expert witness work.
The top rates were:
Medical/Surgical: $398
Psychiatry & Psychology: $367
Food, Hotel & Restaurant:$317
Business & Financial: : $316
* Those responding charged an average of more than $290 an hour.
* All the experts charge at least $100 an hour, and 77% charge more than $200 an hour.
* At the top of the scale, 2% charge $600 or more per hour.
*Hourly rates are the way to go.
*No one reported using flat rates for their expert witness work.
The top rates were:
Medical/Surgical: $398
Psychiatry & Psychology: $367
Food, Hotel & Restaurant:$317
Business & Financial: : $316
Labels: expert fees, experts on experts
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