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Claimant law firms rethink models as CFA regime comes crashing down

It would be great for claimant lawyers if Jackson had proposed something to keep costs in proportion. But he doesn't. The key is ATE cover. This is related to defence costs, and has nothing to do with claimants' costs at all. We don't hear any willingness from the insurance industry to keep their costs under control. With professional negligence costs routinely exceeding £100k on each side, and with the average wage stuck around £25k pa., what does Jackson propose to enable the average bloke to sue his solicitor, surveyor, bank etc? Having read his report from cover to caover, I can say the answer is that he proposes nothing.

5-Apr-2011

4:24 pm