17 April 2014
Personal injury firms are “courting disaster” by routinely inflating success fees, a leading PI author has warned.
Writing in NLJ this week Jeff Zindani says he is upbeat about personal injury work for claimant lawyers, but is concerned about the way clients are charged.
“Before 1 April 2013, most practitioners were telling me that they would not charge clients. However, as many firms realised that others were charging, they started following suit.
"The position now is that the only people not charging anything extra are members of the Bar...We know that under the new rules there is a cap on charging over 25% of a client’s damages, but the rules say nothing about the level of success fee,” he adds.
