Seconds Out – Round Two!

Print This Post

29 February 2016


David Vine 2

David Vine, business development manager at Allianz Legal Protection

Here we go again. The Claimant Law Firm industry is facing another heavyweight challenge from Government. From fixed costs on Clinical Negligence cases (with suggestions ranging anywhere from £50k to £250k) and a rise in the small claims limit to £5k, to the restriction on general damages for Road Traffic Accident related ‘soft tissue’ injuries. It’s becoming like a journeyman heavyweight taking one punch too many from a more powerful champion.

At least this time the flabby journeyman’s team is in training and actually working together to formulate a fight strategy. The Government itself is taking some heavy punches, many of which are self–inflicted, and defendant law firms are suddenly realising they’re not as fighting fit as they first thought.

Many claimant law firms have needed to adapt and restructure following round one of LASPO, implementing business models and efficient processes to enable them to continue to provide support and representation for their customers. Professional representation will come at a cost for the claimant, but what is the alternative; litigant in person or the use of a Claims Management Company? I know who I’d rather stand toe to toe with to get the best result.

At Allianz Legal Protection (ALP), we’ve been continually talking to our customers to understand what After the Event insurance might look like if further reforms are implemented. We firmly believe that ATE and BTE insurance will continue to play an important part in providing customers with Access to Justice.

In the same way the great Muhammed Ali would predict his success before a big fight, I would like to remind you of ALP’s own pronouncements prior to LASPO, round 1. At this time we publically believed there was a need for After the Event insurance, and were the only legal expenses insurer to publicly state this and be proved right.

ALP will continue to stand in the claimant corner, helping them gain access to justice. Sometimes the bully has to recognise that they need to consider who they are up against because they just might end up on the floor!

David Vine

Business Development Manager

Allianz Legal Protection

 



Associate News is provided by Legal Futures Associates.
Find out about becoming an Associate



Legal Futures Blog

Rating lawyers by their wins and losses – a good idea?

Robert Ambrogi

Lawyers will give you any number of reasons why their win-loss rates in court are not accurate reflections of their legal skills. Yet a growing number of companies are evaluating lawyers by this standard – compiling and analysing lawyers’ litigation track records to help consumers and businesses make more-informed hiring decisions. The shortcomings of evaluating lawyers by win rates are many. Not least of them is that so few cases ever make it to a win or loss. Of equal concern is that, in the nuances of law practice, it is not always obvious what constitutes a win or a loss.

February 22nd, 2017