Investing in efficiency
Nigel Williams on what personal injury firms need to do to survive in a post-Jackson legal landscape
The Jackson Reforms that took effect from 1 April 2013, especially impact personal injury (PI) firms, who can no longer use ‘no win no fee’ conditional fee arrangements to recover success fee from losing parties. Referral fees too have been banned, amid concerns of the high cost of civil litigation, rising insurance premiums, increasing numbers of claims and the perception of a “compensation culture”, where people are encouraged to claim for minor or even fictitious injuries.
As published in the January 2014 issue of CILEx Journal