Personal Injury/Clinical Negligence
Lawyer founders of listed business to make £46m in share sales
The two lawyers behind Anexo Group – the listed business that owns leading PI law firm Bond Turner – are set to receive £46m after selling some of their shares to a private equity investor.
Acquisitions show shape of PI market consolidation
PI firm Express Solicitors has made good on its plan to buy practices looking to exit the market by buying a Liverpool firm, while another targeting motor claims has sold its clinical negligence practice.
FCA issues warning to claims management companies
Many claims management companies have shown “a poor understanding of, and sometimes attitude to, their regulatory obligations”, the Financial Conduct Authority said this week.
Leading PI firm declares: We’re ready for whiplash reforms
Minster Law has become the first major personal injury practice to state that it is ready for next year’s whiplash reforms by formally launching its self-service digital claims portal.
Consumers “growing in confidence” to manage own PI claims
The proportion of road traffic accident victims who would be prepared to submit personal injury claims themselves has hit more than half for the first time, a report has found.
Top PI firms reveal mixed profits as another hits TV to build brand
Two leading personal injury law firms have recorded contrasting results that take lockdown into account, while Minster Law has launched its first national TV advert to promote its PI work.
PI firms “failing to understand” what clients look for in a lawyer
Many personal injury law firms fail to understand what potential clients are looking for and are wasting their marketing budgets as a result, according to research published today.
Frenkel Topping given more time for NAHL takeover talks
Talks between listed companies Frenkel Topping Group and NAHL Group about a reverse takeover of the latter have been extended by another four weeks.
PI firms face deluge of costs claims after High Court ruling
Personal injury law firms that fail to spell out in their retainers the costs clients could be liable for beyond what is recovered from defendants face a wave of litigation following a major High Court ruling.
LeO warns over emerging trend of holiday sickness complaints
The Legal Ombudsman has warned law firms against making holiday sickness claims without “verifying the version of events” obtained by claims management companies as complaints rise.
Slater & Gordon makes significant PI firm acquisition
The latest consolidation move in the personal injury market came today with Slater & Gordon announcing the acquisition of Jigsaw Law from medico-legal and insurance services giant Examworks.
Big personal injury firms “to merge as market shrinks”
Some of the larger personal injury firms are set to merge while others will have to restructure, with the market set to reach a “watershed moment”, a report has predicted.
Frenkel Topping eyes National Accident Helpline acquisition
Frenkel Topping, best known for giving financial advice to seriously injured claimants with large awards, has approached the company that owns National Accident Helpline over a potential acquisition.
Exclusive: PI newcomer saves 100 jobs with Yorkshire firm pre-pack
The jobs of more than 100 staff at Yorkshire firm Heptonstalls have been saved by a start-up personal injury practice that aims to expand as others leave the market due to next year’s whiplash reforms.
“Hardest six months ever” for National Accident Helpline group
Revenue and profit have fallen sharply at NAHL plc – the owner of National Accident Helpline and ABS National Accident Law – after “the most challenging six months” in its history.