Why choose Expert Witness Exchange?
Because the value proposition and current methods available for conducting expert witness search are inadequate and have been for some time. The Exchange’s CEO, Mindy Sungenis Black, came from and led the development of the custom search industry in her role as CEO of TASA.
What’s different about Expert Witness Exchange’s approach?
Existing expert witness directories lack data driven curation necessary to adequately assist attorneys in delineating between different experts who may appear to have similar expertise. Many of the existing internet websites include only experts who are paying to be advertised. Much of what currently qualifies for custom expert witness referral can be platformed via a smart software interface, the experience improved and the transactional cost burden for expert retention substantially lowered.
The Exchange will still provide custom search assistance where desired, and is doing so presently. Moreover, the Exchange’s custom search assistance embeds continuing expert witness data subscription support for its custom search attorney clients throughout the life of the case engagement.
How is our custom search expert witness referral assistance different than competitor offerings?
The Exchange views the provision of expert witness search retention assistance as more than just making an expert witness referral. While we do use extensive data based resources, machine learning and serious mathematical algorithms that weigh and match backgrounds and credentialing for subject matter expertise, we also rely on an extensive team of attorneys who spend most of their time conducting expert witness related research with a human touch.
It’s also about relationships and trust. The cognitive computing platform that has been built will develop and evolve as those values become more fully inculcated into the recommendation engines.
What does the Expert Witness Validation Badge™ have to do with expert witness search?
Because a uniform background credentialing standard does not exist and is generally only haphazardly done currently. Attorneys, generally, are not in a good position to conduct due diligence assessments on their own. Impeachable content about a given expert’s background unfortunately continues to occur with some regularity. This negatively impacts the rights of the litigants involved and reflects badly on the judicial process.
The Expert Witness Validation Badge™ is a credential that establishes, to a high degree of certainty, that the credentialed expert witness is a valid participant in the judicial process. An internet based resource providing for the voluntary credentialing of expert witnesses is therefore both necessary and appropriate.
View the distinguished members of our Validation Badge Committee who recommended the criteria and rules which apply to this process.
What else does Expert Witness Exchange care about?
Expert Witness Exchange leadership cares about the legal profession and is intent upon democratizing tools that spread knowledge and transparency while rendering the process more efficient for all. Our aim is not only to profit those who participate on our platform or that do business with the Exchange, but to give back and support those that are impacted by the judicial system.
Expert Witness Exchange will support the initiatives of bar associations to democratize the availability of legal services, to support the important work and standard setting that many expert witness associations provide to their member experts and to be charitable to the victims of hardship. The Exchange will discuss this further when we reveal our revenue model publicly in the coming months.
May I terminate membership at any time?
We hate to see you go! However, you may terminate your account upon twenty-eight (28) days written notice to the Exchange. You agree that all expert witness service retentions that occur following your profile being reviewed by a law firm on the Exchange website are presumptively the result of your participation in the Exchange’s marketplace and therefore subject to the transaction fees for the entire engagement. It is expressly agreed that this provision applies to any expert witness retention that occurs between a member/former member and a law firm that has reviewed member’s profile within six (6) months’ notice to the Exchange of the member’s termination.
If your account is terminated for any reason, the following apply:
- All fees outstanding become due and payable;
- No fees will be refunded; and
- All transaction fees become due and payable from expert witness retentions that occur within six (6) months of the termination and were a result of the initial membership.
What does it cost?
The Exchange has a transaction fee of 15% on expert’s services rendered (excluding expenses), on all retentions. After an expert’s first retention or their first year with the Exchange, whichever comes first, the transaction fee will reduce to 12% with a $15 monthly maintenance fee. A portion of the maintenance fee will be applied to the annual Expert Witness Validation Badge™ renewal. You can find this information in our Terms and Marketplace Member Agreement link located on the marketplace registration page.
The Expert Witness Validation Badge™ is a separate cost which can be deferred until your first expert assignment. The initial cost is $350 with a $90 annual renewal fee. Click here for more information about the Expert Witness Validation Badge. If you complete the Expert Witness Validation Badge™ application and attestations, you will receive a pending status on your profile. Both a pending status and an active badge will move you up in the search results on the marketplace.
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