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As stated in our page regarding ethics, Summit does not enter into any agreements with clients where we will have a vested interest in the outcome of the matter. We utilize contracts with all of our clients that are consistent in form and language. We charge an hourly rate for the services of the expert for time spent related to that matter. We charge expenses at cost. The hourly rate charged varies with the expert, but generally ranges between $150-$250 per hour. We charge $250-$350 per hour for direct testimony time at Deposition, Arbitration, or Trial. For extended travel distances that require more than 4 hours round trip we charge a reduced rate of $100-$150 per hour, plus expenses, per occasion.
For new matters we require an initial deposit before work begins. We choose to call it a deposit rather than a retainer, as we do not charge our clients anything until work is performed or expenses are incurred by the expert. If a credit balance remains at the matter's conclusion, it is returned to the client. The initial deposit is typically $1500, but may be higher or lower depending on the particular situation and needs of the client.
You will never be charged an "administrative fee" or other excess amount over the time and expenses incurred. There is no minimum fee or flat rate charged for our work. When requested, we will provide an estimate of the time we anticipate a particular effort will require. Such estimates are made to the best of our ability based on the information given to us at that time.
Invoices are due and payable upon receipt. All details are available in our Authorization and Agreement letter which is forwarded with the curriculum vitae for the expert. Please note that for matters in suit, our contracts must be signed by the attorney of record, not the client they represent.
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