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28 November 2002

Fixed costs - stats debunk the insurers' myths

The extensive materials that Thompsons, the UK's biggest personal injury law firm, has handed over to the researchers appointed by the Civil Justice Council to look into fixed costs debunk the myth that costs are rising and show that they have in fact been falling year on year.

The figures also show that the percentage of cases that settle pre issue has substantially increased over the same 5-year period.

Thompsons case management partner Rachel Sarfas today said:

"Our statistics, extracted after going into detail on our case holding, nail the insurance industry's over pedaled myth that costs are out of control.  The statistics we have handed over to assist the researchers show average costs recovery per case is actually falling.  In real terms our average costs recovery (based upon the hourly rates fixed by the courts) is 80% of what it was in 1997.

"The only explanation for the fall in costs recovery is more cases settling pre issue, something the Civil Justice Review aimed to achieve.  The figures we have handed over show that there are now less Thompsons' cases 'clogging up the courts'. Today 77% of our cases conclude pre issue as compared to 53% in 1997."

Compensation Claim Advice

If you have been injured in an accident which was not your fault, telephone us now for accurate claim advice.

There are strict time limits in place to make any personal injury claim. For further information, contact us or visit our Questions Answered page.

Thompsons Solicitors are experts in all personal injury matters. We will be able to advise you whether or not you have a valid claim for compensation. Our specialist personal injury lawyers will be happy to talk you through the process of making a claim in plain English and will be happy to answer any questions or queries you may have. If you do have a valid personal injury compensation claim and you decide to instruct Thompsons Solicitors to deal with the matter for you, we will recover our legal fees from the person responsible for your injury, ensuring that the entire procedure is cost-free for you. Telephone us now on 08000 224 224 or complete one of our online personal injury compensation claim forms.