Issue link: https://htpgraphics.uberflip.com/i/392122
well-established brands, with the reputation for quality which that implies, together with tailor made systems and processes, and track records, that enable them to command high prices. Your fee basis will depend upon: the value to your client of the assignment the rarity of your expertise and knowledge your research reputation, consultancy track record and other relevant accomplishments the stature of your research institution and its brand the facilities and other resources available to you and their quality and cost the degree of convenience to yourself e.g. timescale given to carry out the work, time of year, geography any special circumstances or demands required of you e.g. appearing as an expert witness in a court or tribunal, agreeing to a non-compete clause, etc the clarity of the brief and the level of cooperation and resources offered by your client the opportunities offered by the assignment in respect of potential for development into research or teaching opportunities for yourself and your institution and the practical experience for you the cost of your professional indemnity insurance and the extent of its cover Do think about all of these factors when considering what fee would be appropriate. Bear in mind the particular circumstances of each one of your assignments. Also you should check your institution's or school's policy to see if there are some set rates or rules which apply and therefore affect your fee. What you will actually achieve as a fee for each assignment will be influenced by your level of negotiating expertise and that of your institution and, ultimately, what the client can afford and is willing to pay. 8 Benefits Section 2