Founder/CEO Manage your leads
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Dealing With Company Costs

15th Jun 2018
Founder/CEO Manage your leads
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A legal deposition is a sworn out-of-court testimony that a witness gives during the discovery process. The discovery process refers to investigations that can be conducted by all named parties in an effort to gather as much information as possible before the trial. All of the information that they manage to obtain can be used during trial. However, it can only be used if a party admitted something against their interest, when a witness is not available at trial, or when a testimony from a witness at trial contradicts the deposition.

Considering the fact that they are a huge part of the litigation process, you should prepare for depositions properly. Instead of being held in a courtroom, depositions take place in attorney’s offices. Here, you will be asked a number of different questions about certain events that took place or facts related to the lawsuit. Everything that you say will be recorded by a court reporter who will ultimately complete a transcript.

The main problem with depositions is that they can cost a lot. However, there is no fixed cost, since it depends on the court reporting services you require. In case you’ve never had experience with depositions before, you can count on national depositions services companies like to help you with the process. They will provide you with excellent conference rooms with great technology features, as well as court reporters.

These court reporters will research the legal, technical, and medical terminology related to your case in order to provide an excellent service during the deposition. Keep in mind that most of them offer real-time reporting services, meaning that you’ll be able to read through the testimonies as soon as the deposition is over. On top of that, they can even do remote depositions.

No matter how you conduct the deposition, you will have to spend a considerable amount of money. Even if you choose to send a video recorded deposition, you may end up paying up to $1,800 for a day of recording. Despite the fact that the video will consist of your sitting in a conference room, you will have to spend a lot of money because you’ll need a court report to transcribe everything that you’re saying. Hiring a professional to do this can cost as much as $200 per hour. Keep in mind that only after the video becomes transcribed can it become an official record.

There are also other expenses that you will likely face, such as purchasing visual and audio equipment required for video depositions. Other expenses can include shipping and delivery costs and signature fees. Nevertheless, you will get a fee structure from a court reporting company upfront, so you’ll know exactly how much you’ll have to spend in advance.

Even though it’s a good idea to bring a lawyer to the deposition, you should know that they have a more limited role in attorneys’ offices compared to a courtroom. Your lawyer may object to certain questions, but that doesn’t mean that you won’t have to answer them.

Depositions can last anywhere from hours to days, so it’s best to be prepared for them. This means reflecting on the events that led to the deposition. Once you recall all the facts, write them down and get ready to answer some questions. Remember that you must tell the truth, since you will be under oath. However, you should also know exactly when to stop talking. Just because you have to answer a question truthfully doesn’t mean that you should give the attorneys more information than they requested.

What you say during a deposition is extremely important since it is a very serious matter. Therefore, you should always think about you answer before you start talking. Depositions will not only cost you a lot of money, but they’ll also have a big impact on your future.

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