In collaboration with Redwood Collections, a debt recovery and credit management company, Bond Solon conducted a survey in August in regard to payment issues affecting expert witnesses.
285 expert witnesses responded to the survey.
Bond Solon have analysed the results and compiled a report which:
- highlights serious issues for expert witnesses in receiving payment for services rendered.
- provides recommendations which experts could employ to tighten up their contractual position in order to ensure prompt payment in the future.
Please download the report
These findings have also been shared with the Solicitors Regulation Authority (SRA) and The Law Society.
Based on these results, we will be looking to provide further useful information, tools and advice to help expert witnesses mitigate against future payment issues - details to follow in due course.
We hope you find the report interesting.
Bond Solon
This article was first published on Wednesday 25th November 2020.
Interested in finding out more about Redwood Collections?
Redwood Collections is the leading debt recovery agency for Expert Witnesses in the UK. Offering a “no collection, no commission” service with no upfront joining fees nor onerous contracts, Redwood has boasted more than eleven years of success as well as FCA authorisation and ISO accreditation.
For more information, please visit their website or, feel free to contact their Business Development Executive for Expert Witnesses, Matthew Sales direct on 0208 288 3611 or msales@redwoodcollections.com.