Forensic Companies Retooling

Forensic companies across the United States are facing an increasingly severe problem, namely: the shortage of experts with experience in testifying at deposition and trial.

These companies include forensic: accounting, computer, engineering, and valuation, as well as many other forensic specialties. The forensic companies face pressures from several sources.

Click here for the entire article

Expert Witnesses, trouble getting paid

Unfortunately, we hear from experts, all too often (probably on a monthly basis), about the difficulty they are having getting paid from attorneys after the case is completed/settled. I recently spoke with an expert's wife who indicated that her husband (the expert) is owed approximately $150,000 over the course of a few years, by attorneys who promised to pay, but never did. She didn't know what to do to try and collect all, or even part of the money that was owed to him.

I spoke with another expert who was looking for a collection agency, as he was owed by attorneys as well.

The bottom line is, that it is very difficult to get paid after the fact. We advise experts to get paid in advance, and you can eliminate this potential issue.

Do any of you have similar stories or advice for your colleagues who are having trouble getting paid?