| Oct 15 | Sir Menzies Cambell resigns as leader |
| Oct 31 | Nominations close |
| Nov 1 | Deadline for withdrawal of candidature |
| November | Official hustings meetings in Leeds, Cardiff, Edinburgh, Bristol, Plymouth, Worthing, Cambridge, Manchester, and London. For further details see: LD Flock Together |
| Nov 20 | BBC Newsnight hustings |
| Nov 21 | Despatch of ballot papers: 64,727 sent out |
| Dec 15 | Deadline for return of ballot papers |
| Dec 18 | Count and declaration of result |
| | | |
| Result | |
| Nick Clegg | 20,988 | |
| Chris Huhne | 20,477 | |
| Majority | 511 | |
| Total vote | 41,465 | |
| Turnout | 64.1% | |
The election is technically by alternative vote, which is the single-member version of STV. However in this case the election will in effect be by simple majority, as there are only two candidates.