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Fixed success fees for employers' liability accident cases.

Publication: M2 Presswire
Publication Date: 30-SEP-04 		Format: Online - approximately 1104 words
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-30 September 2004-UK Government: Fixed success fees for employers' liability accident cases(C)1994-2004 M2 COMMUNICATIONS LTD

RDATE:09302004

Further stability, certainty and transparency will be brought to conditional fee agreements when fixed success fees are extended to the estimated 48,000 annual claims brought for accidents at work from 1 October, Civil Justice Minister David Lammy announced today.

New rules of court will fix the success fee paid by a defendant's insurer to the claimant's solicitor or barrister where they are funded by a conditional fee agreement. For example, insurers will pay solicitors their normal costs plus a success fee of 25 per cent of these costs if they win cases that settle prior to court and a 100 per cent success fee for the riskier cases that go to trial.

The new rules implement an agreement facilitated by the Civil Justice Council and DCA between representatives of the legal professions and the liability insurance industry designed to make recoverable legal costs more predictable, to speed...

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