Business At A Glance
Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No
Starting an expert witness for hire serviceis a unique and interesting business opportunity for the innovativeentrepreneur to tackle. The idea is you represent expert witnesses thatcan be retained by lawyers to give professional testimony in court orlegal proceedings.
These expert witnesses could include medicaldoctors, gun and ammunition experts, transportation and automobileexperts, private investigators or just about any other type ofprofessional that can be deemed an expert in their career or industry.
The service would work very much like an employment agency, but withextremely high security measures in place to protect both clients andthe expert witnesses. You can set presentation appointments withlawyers to introduce them to your service and discuss their needs interms of experts needed to testify at trails.
In exchange for providingthe service, you would charge clients a commission based on the amountof money received for providing expert testimony. This is the type ofbusiness that will take very careful planning in order to establish.Partnering with a lawyer may be a consideration.
However, the effortand expense to properly research and establish this business could bewell rewarded financially, as expert witnesses can receive as much asfive figures in some situations to provide professional testimony.