2083rd Edition: LawNewsIndex is a UK based news & legal articles
archive focusing on Law, Lawyers,
Law Firms, Justice, Legislation, Legal Ethics, Human Rights & Social Justice issues.
Today's video story: The Government has announced a partial reversal of changes to the rules for personal injury payouts. The move is a victory for insurers, which could potentially reduce compensation for accident victims. Mohammad Khan, insurance expert with the accountancy and business services firm PwC explains.
Focus of the day story: Changes to the way compensation payouts are calculated have been unveiled today by the Lord Chancellor following a pledge made by ministers to consult on whether there was a fairer way to set the discount rate in future. In February, the then Lord Chancellor, Liz Truss, reduced the discount rate from 2.5 per cent to -0.75 per cent amid fears of a judicial review brought by claimant lawyers. Following an outcry from the insurance industry, ministers announced that a full consultation would be launched in March. Full story - Solicitors Journal
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