On the 1st of April, legislation came into force meaning that an injured party can no longer keep 100% of the compensation they gain from a successful claim.
Back in 2010, a review took place by Lord Justice Jackson to prevent ‘spurious’ claims from reaching the courts. His solution for this was to ensure that a claimant would have to pay up to 25% of the compensation they are entitled to back to their solicitor.
This replaces a system where the fees were recovered from the losing side and means that solicitors can no longer offer 100% of the compensation to the claimant.
To make up for this, compensation amounts will be inflated by 10% – however, as shown by the graphic below, this still means that the claimant loses out:
Inform your readers about this change to compensation amounts using the code below:
<a href=”https://www.expresssolicitors.co.uk/blog/accident-law-change-leads-to-less-compensation-6424″><img src=”https://www.expresssolicitors.co.uk/wp-content/uploads/2013/04/The-Truth-1.png” alt=”Accident Law Change Leads to Less Compensation” width=”630″ /></a> <p>Injury compensation has changed as of the 1st of April 2013. Find out more <a href=”https://www.expresssolicitors.co.uk/blog/accident-law-change-leads-to-less-compensation-6424″>here</a>.</p>