Tag Results

NAH and seven personal injury law firms launch Ethical Marketing Charter

National Accident Helpline (NAH) and seven personal injury law firms, including Irwin Mitchell, are launching an Ethical Marketing Charter today. NAH will administer the scheme and handle complaints about possible breaches.

July 20th, 2015 | No Comments »

Personal injury CMCs enjoy sharp rise in income to £310m as market stabilises

The turnover of personal injury claims management companies (CMCs) bounced back 27% to £310m last year as the market began to “stabilise”, it has emerged. Applications by personal injury CMCs for authorisation from the Ministry of Justice also increased by almost two-thirds.

July 14th, 2015 | No Comments »

Osborne: CMCs face fundamental review and fees cap

A “fundamental review” of claims management companies – along with a cap on the fees that they can charge consumers – was announced by Chancellor George Osborne in today’s Summer Budget.

July 8th, 2015 | 1 Comment »

Only 4% of CMC complaints relate to personal injury work, LeO reveals

Only 4% of complaints about claims management companies (CMCs) received by the Legal Ombudsman (LeO) relate to personal injury work, it has emerged, in the first release of figures since Leo began its new role.

June 5th, 2015 | 1 Comment »

Express Solicitors buys 450 personal injury cases in pre-pack deal

Manchester-based Express Solicitors has bought 450 personal injury cases in pre-pack deal with a Cheshire sole practice. A spokesman for Express said Ashfields was now insolvent.

June 2nd, 2015 | No Comments »

Linder Myers heading for profit a year after avoiding administration

Manchester-based Linder Myers is heading back into profit little more than a year after escaping administration, its chief executive has said. Tony Stockdale, chairman of consultants Assure Law, helped secure a refinancing deal with RBS in March 2014.

May 29th, 2015 | No Comments »

Creating a sustainable PI business model

Over the last few years, those firms wishing to remain in claimant personal injury (PI) have adopted a number of different strategies. Simply by living within their means, a number of smaller firms are adjusting to life post-LASPO by consolidating their activities to one or two particular streams. But the number of firms still prepared to spend excessively on the acquisition of new work, to keep their machines primed, is surprising.

April 23rd, 2015 | No Comments »

First Polish-owned, Polish-speaking ABS targets East European clients

The first Polish-owned, Polish-speaking alternative business structure opened for business at the start of this month – with the help of a British solicitor. Optimal Solicitors started life as a claims management company before converting.

April 21st, 2015 | No Comments »

SRA warns firms against misleading marketing as inducements ban kicks in

The Solicitors Regulation Authority has warned law firms against misleading publicity as the government’s ban on the use of inducements by personal injury solicitors came into force yesterday.

April 14th, 2015 | No Comments »

ASA rejects personal injury advert complaint because consumers ‘now understand how claims work’

The Advertising Standards Authority has rejected a complaint against a west country personal injury law firm, saying that consumers now have “a general awareness that to have a valid claim there would have to be some degree of fault or negligence by a third party”.

April 8th, 2015 | No Comments »