Monday, May 15, 2006
Expert Witness Industry Getting Media Attention
We've known that we are becoming a more litigious society, but with the recent high profile lawsuits and trials such as Enron, all aspects of our legal system are getting more attention from the media and the average American.
In an article in Saturday's Star-Telegram, Barry Shlachter writes, "With eye-popping jury awards and seismic corporate scandals, attorneys aren't the only ones getting rich from American's lawsuit frenzy. Expert witnesses are reaping rewards too."
He cites statistics such as "The expert-services industry was estimated by one insider to be reaping $6 billion to $8 billion a year," and interviews experts in various fields about their per hour fees, lifestyles, and their "other" careers. It's a well-written article worth checking out.