OK – so we’ve been covering the fantastic news that referral fees for claims, such as referrals through legal expenses insurance / motor legal protection where your insurers will ‘sell’ your details on to a third party solicitor for cash, which forms part of a government agenda to make the world of compensation claiming more efficient.
One of the other areas has been surrounding the cut of the legal aid bill and potential changes to the no win, no fee system. The gist and result of the whole idea will result in a reduction in the number of payouts, which I imagine is intended for the costs of insurance to lower; although I’d love to see the day the insurers pass on saving to the consumer!
But, back to the main topic, sadly, proposals in place involve shifting some of the costs of the no win, no fee system to the Claimant from the Defendant. We strongly oppose such a notion, as it will result in innocent accident victims having their payouts slashed to cover costs the Defendant, i.e. the person or party at fault for the injuries, will no longer have to pay the full amount.
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