Relief for claimant PI lawyers as government decides against raising small claims limit

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23 October 2013


Grayling: turning the tide on the compensation culture

The small claims limit for personal injury cases will not be going up to £5,000, the Ministry of Justice (MoJ) announced today.

Instead it has unveiled a raft of other measures aimed at cutting the cost of motoring, including the creation of independent medical panels to detect fraudulent whiplash claims.

The government said the changes were “part of its plan to help hardworking people”, but it will be seen in legal circles as a major relief to hardworking claimant lawyers. The decision was predicted by our sister website Litigation Futures just last week.

CLICK HERE TO READ THE REST OF THIS STORY ON LITIGATION FUTURES AND ACCOMPANYING BLOG HERE

 



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Check your retainers – the lessons of Dreamvar

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Solicitors, and their insurers, dealing with property transactions should look closely at their due diligence procedures following last week’s landmark ruling on liabilities from the Court of Appeal. It is clearly good news for buyers who are victims of identity fraud. Dreamvar UK Ltd v Mishcon de Reya & Mary Monson Solicitors also has implications for anyone holding monies in a client account for a transaction. The ruling is likely to lead to increased professional indemnity insurance premiums for solicitors engaged in property transactions. They should review the terms and conditions of their retainers in light of this ruling.

May 22nd, 2018