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Personal injury update

05 July 2007 / Lucy Wyles
Issue: 7280 / Categories: Features , Personal injury
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CLAIMS FOR LOSS OF EARNING CAPACITY

With this summer has arrived a significant change in the method of calculating claims for future loss of earnings and earning capacity on the multiplier/multiplicand approach.

The 6th edition of the Ogden tables was published in May. The latest tables are based on updated mortality rates using the latest set of national population projections. They now include guidance on splitting multipliers in cases of variable future losses and expenses. But, more significantly, this edition also advances a new methodology for assessing appropriate deductions to be made to the working life multiplier for dealing with contingencies other than mortality.

Factors which were previously taken into account in assessing the appropriate discount included occupation, industrial sector, geographical location and levels of economic activity. However, recent research has shown that the factors which have the most effect on a person’s future employment status are whether the person was employed or unemployed at the outset; whether the person is disabled or not; and the educational attainment of the person. In addition, the

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MOVERS & SHAKERS

DWF—19 appointments

DWF—19 appointments

Belfast team bolstered by three senior hires and 16 further appointments

Cadwalader—Andro Atlaga

Cadwalader—Andro Atlaga

Firm strengthens leveraged finance team with London partner hire

Knights—Ella Dodgson & Rebecca Laffan

Knights—Ella Dodgson & Rebecca Laffan

Double hire marks launch of family team in Leeds

NEWS
Charles Pigott of Mills & Reeve reports on Haynes v Thomson, the first judicial application of the Supreme Court’s For Women Scotland ruling in a discrimination claim, in this week's NLJ
Charlie Mercer and Astrid Gillam of Stewarts crunch the numbers on civil fraud claims in the English courts, in this week's NLJ. New data shows civil fraud claims rising steadily since 2014, with the King’s Bench Division overtaking the Commercial Court as the forum of choice for lower-value disputes
The Supreme Court issued a landmark judgment in July that overturned the convictions of Tom Hayes and Carlo Palombo, once poster boys of the Libor and Euribor scandal. In NLJ this week, Neil Swift of Peters & Peters considers what the ruling means for financial law enforcement
Small law firms want to embrace technology but feel lost in a maze of jargon, costs and compliance fears, writes Aisling O’Connell of the Solicitors Regulation Authority in this week's NLJ
Artificial intelligence may be revolutionising the law, but its misuse could wreck cases and careers, warns Clare Arthurs of Penningtons Manches Cooper in this week's NLJ
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