Back in the Alfa
Join Date: Nov 2009
Location: United Kingdom
Don't forget that a lot of the claim is in legal fees too. I work in the accountancy field specialising in legal practices and get to see quite a lot of RTA claim files. The arguments back and forth between claimants and insurance companies, doctors reports etc etc are unbelievable and often the legal fees exceed the damages. Sadly I see a lot of difficult to pronounce names on these files. Nuff said.
Worst one I ever saw involved an RTA on a car that had been overloaded at a DIY store, lost control on the way home, crossed a central reservation and led to multiple deaths and serious injuries. 6 drawers of a filing cabinets on that one case alone. These I understand, we're talking proper accidents and serious consequences. Legal fees were a small fraction of the claim. I strongly believe that legal costs should be limited and should never exceed the value of damages claimed. I suspect this would stop a lot of spurious claims dead in their tracks. But it might also lead to a lot of unemployed solicitors. And then I might have to look at another area of specialisation. Nah, won't happen. Solicitors will always find something else to sue over. Once they've exhausted PPI misselling it'll be home insulation miss selling that's causing damage to homes through faulty installation/inappropriate installation causing damp to bridge brickwork...