subject: What Do You Get When You Add A No Win No Fee Personal Injury Lawyer To A Recession? [print this page] What Do You Get When You Add A No Win No Fee Personal Injury Lawyer To A Recession?
What Do You Get When You Add A No Win No Fee Personal Injury Lawyer To A Recession?
A considerable swelling in the ranks of people who are now ready to fake personal injury claims to improve their income.
Research carried out by LV claims that almost 9 out of 10 of solicitors, 89 percent to be exact, share a belief that the No Win No Fee system is encouraging more people to make false or exaggerated personal injury claims.
The recession has seen a surge of false claims say 40 percent of those consulted and an even greater number state that exaggerated claims have been on the increase for at least a decade.
Amongst the solicitors who have worked on suspect personal injury claims, over half say the claims are most likely to involve a car accident, with whiplash the most regularly exaggerated injury with post traumatic stress being the next most commonly falsified injury which is then followed by strained muscles.
Almost two thirds of the lawyers taking part believe that the almost incessant advertising on television of these services is a key factor when it comes to the increase of falsified personal injury claims submissions, as there is now the perception that it is an easy money maker.
Also according to the LV research, six out of ten lawyers now pore over possible clients stories very closely before deciding whether to take on a case.
The report from LV has been backed up by other firms, who state that the research mirrors their own experiences and go as far to say that some types of insurance fraud are now reaching the epidemic stage.
If you are under the mistaken belief that personal injury claims fraud only affects the insurance companies then you are forgetting it is the ordinary citizen who has to make up the difference and LV have stated that this cost is 100 pounds per year and that figure is simply for car insurance.
Martin Milliner, the technical claims director for LV has no issues for compensating those who have genuinely suffered a personal injury through the actions of another party but has no sympathy for those who commit the criminal act of submitting false or exaggerated personal injury claims and urges that solicitors maintain their vigilance and continue to thoroughly investigate all suspect claimants.
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