The director reorientation of some nematic liquid crystals in the presence of both magnetic and electric field is described by a modified from of the Leslie equation. Proton nuclear magnetic resonance experiments observing static director orientations in different angles between the director and the magnetic field are described together with reorientation experiments driven by various electric fields. A new technique to measure Delta chi/Delta epsilon is presented which gives direct access to the anisotropies without any influence of elastic properties. Using electric fields of different strength and in different angles with respect to the magnetic field the dynamic processes in liquid crystals can be investigated in a very flexible way. A number of experiments investigating the homogeneous director reorientation in the electric field is presented. As one result the rotational viscosity was determined. As a surprising result we found a homogeneous reorientation in the electric field and an inhomogeneous reorientation back in the magnetic field even though the initial angles between the director and the external field were the same.