Q: Is an economist necessary in a general civil case? If yes what is the normal cost
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A: Unfortunately, the answer is, it depends. If the case is one where damages are straight forward to compute, an expert economist is not needed. If complex future damage calculations are required, or the other side has retained an economist, than an expert economist should be used. Fees range depending on the amount of work they have to do. Typical expert economists would probably require a $1500 to $2500 retainer, and work at $200-$500 per hour. To use one through a deposition and trial could cost in total between $5000 and $8,000.
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