You bill at the rate of ($500) per hour for your expert witness services, but for your

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You bill at the rate of \($500\) per hour for your expert witness services, but for your junior assistants you bill at the rate of only \($200\) per hour. You hire your assistants right out of college, so you always have all the assistants that you need. The result of this system is that you make the most money in cases that bill lots of hours of assistant work. Now you are being offered an engagement that has the potential to earn you \($1\) million dollars over the next 12 months. However, despite the possible earnings there are 2 concerns with the case: (1) you will be testify- ing for the state against a large, violent organized crime ring, and (2) the case will take up all your time, so you will be forced to decline any other engagements for at least 1 year. What are your thoughts in accepting this case?

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Essentials Of Forensic Accounting

ISBN: 12

2nd Edition

Authors: Michael A Crain, William S Hopwood

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