Personal Injury/Clinical Negligence
Medical negligence specialist firm becomes employee-owned
A law firm specialising in medical negligence has embraced employee ownership, giving the staff a “less risky future” at a time of uncertainty in the sector.
Costs of low-value clin neg claims now exceed damages
Claimant costs bills for clinical negligence claims valued up to £25,000 now exceed damages for the first time, and costs overall have risen by 11%, according to NHS data.
£350m sale of PI group in the offing as turnover and profit soar
Private-equity backed personal injury business Winn Group has reported soaring revenue and profit amid talk that it is to be sold for £350m.
Insurers win costs orders against Anexo over credit hire
A circuit judge has made four non-party costs orders against the credit hire arm of AIM-listed Anexo Group, whose customers have to use its law firm, Bond Turner, to recover its costs from insurers.
Solicitor used client money to keep PI firm afloat
A solicitor who “repeatedly” transferred money from client to office account to prop up his firm has been struck off by the Solicitor Disciplinary Tribunal.
Partner “deliberately misled” client over PI claim she never issued
A partner at a leading personal injury firm who “deliberately misled” an accident victim for five years over a claim she never issued has been struck off.
Law firm fined £11,000 for overcharging DBA clients
A law firm that charged personal injury clients more than it was allowed to when acting under damages-based agreements has been fined nearly £11,000.
Sustained recovery of PI market “a long way off”
Any sustained recovery in the personal injury market “still seems a long way off” given that total claims numbers continue to fall and fixed fees weaken margins.
High Court dismisses fundamentally dishonest £6.4m PI claim
A man seriously injured in a motorbike crash “has only himself to blame” after his £6.4m claim was dismissed in the biggest case to date where fundamental dishonesty was found.
Shares in PI group fall sharply after profit warning
Shares in NAHL – the AIM-listed personal injury group – fell by 15% yesterday after it warned that revenue and profit this year would be “significantly lower than previously expected”.
Birss drops hint that clin neg fixed costs could be delayed further
The extension of fixed recoverable costs to low value clinical negligence cases could be delayed to 2025 because of continuing issues with the new rules, it has emerged.
Review of whiplash tariff concluded – but may not be published
The Lord Chancellor has completed his review of the whiplash tariff but it is unclear whether the plan to publish it in early June will now happen because of the election.
PI group’s strategy starting to pay off with fast-maturing law firm
The strategy instigated some years ago by NAHL – the AIM-listed personal injury group – to set up its own law firm is really starting to pay off, its annual results showed yesterday.
Legal services revenue up at listed firm as credit hire earnings fall
Legal services revenue increased by more than a third at the AIM-listed Anexo Group last year, while credit hire earnings fell by over 18%.
Solicitor rejected settlement offers without client instructions
A solicitor who rejected offers to settle a case without instructions from his client has been rebuked by the Solicitors Regulation Authority.