By Rehana Hussain of Charles Gregory Solicitors Limited posted in Injuries on Tuesday, March 15, 2016.
Insurance companies do not pay Solicitors very much money for defending personal injury claims. To paraphrase the old adage, if you sell it cheap, you have to pile it high and that means that in order for Solicitors to make money defending personal injury claims, they have to take them in bulk and turn them over quickly. This approach leads to the much maligned 'factory firms', that largely specialize in road traffic accidents, the largest and easiest, sector of personal injury to litigate.
I was therefore not (that) surprised to read that FOIL thinks that the rise in the small claims limit for personal injury claims is also a bad thing. Fewer claims will obviously mean fewer claims to defend and for firms that rely on bulk work, this is perhaps worse news than for a lot of Claimant firms. Click here for more details..
Contact Details:
Charles Gregory Solicitors
2 Hammersmith Broadway
London, Greater London, W6 7AL
Phone no: 2033933219
Mail id: info@charlesgregory.co.uk
Web: http://www.cgslaw.co.uk/
Insurance companies do not pay Solicitors very much money for defending personal injury claims. To paraphrase the old adage, if you sell it cheap, you have to pile it high and that means that in order for Solicitors to make money defending personal injury claims, they have to take them in bulk and turn them over quickly. This approach leads to the much maligned 'factory firms', that largely specialize in road traffic accidents, the largest and easiest, sector of personal injury to litigate.
I was therefore not (that) surprised to read that FOIL thinks that the rise in the small claims limit for personal injury claims is also a bad thing. Fewer claims will obviously mean fewer claims to defend and for firms that rely on bulk work, this is perhaps worse news than for a lot of Claimant firms. Click here for more details..
Contact Details:
Charles Gregory Solicitors
2 Hammersmith Broadway
London, Greater London, W6 7AL
Phone no: 2033933219
Mail id: info@charlesgregory.co.uk
Web: http://www.cgslaw.co.uk/
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