According to SEAK’s 2024 Expert Witness Fee Study:
- The median hourly fee for file review/preparation for all experts responding is $450/hour.
- The median hourly fee for depositions for all experts responding is $475/hour.
- The median hourly fee for testifying in court for all experts responding is $500/hour.
- 64% of experts responding require retaining counsel to sign a retention agreement.
- 68% of experts responding raised their rates in the last five years. Only 1% of those who raised their rates reported that raising their rates was a bad business decision that backfired.
For a FREE copy of the Expert Witness Fee Summary report, please click here.
For full information including detailed expert witness fee data from over 1,100 expert witnesses in over 250 specialties, please click here.