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Revealed: Newcastle's £10m law firm manager
It rather proves the government / insurance industry's case that this area of law has been grossly over-remunerated.
Volume PI work is, despite the pious pronouncements of its practitioners, largely unskilled work. The industry managed to pull the wool when negotiating recoverable costs last time, pretending that the work was actually being done by solicitors. when in fact it's nearly all dealt with by low wage paralegals.
They've now killed the goose that laid the golden egg with their greed and it's no longer an industry that I'd want to invest in.
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