OR - Keeping Your Expert Witness Sane Litigation is extraordinarily expensive. Legal and expert witness fees can quickly mount up and become a significant percentage of the amount in dispute. I worked on a cost dispute on a plant estimated to cost $68MM but was significantly over expended. The litigation and expert fees were about $10MM or almost 15% of the original estimate for the plant. In this case good scope, an experienced project team and tight control over field construction might have avoided both the over expenditure and litigation. However, sometimes litigation cannot be avoided and it’s important to control costs of the legal staff as well as the expert witness team. We recently worked on a case where the expert fees were about 7% of the disputed amount. When costs of the legal team were added to the expert fees, the expense was substantial. This article outlines the steps...
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