Clinical Negligence and Serious Personal Injury claims
In recent years, the personal injury and clinical negligence litigation sector has changed dramatically. In cases where there is still in principle a full liability for adverse costs, the Government introduced “Qualified One way Costs Shifting” (QOCS) as a method of removing the adverse cost risk from the client. Whilst this has reduced the chance of a substantial loss, it offers no protection for failure to beat a Part 36 offer; and the risk of your clients having to pay their own disbursements also remains.
In addition, now that costs are being squeezed and Court fees have dramatically increased, the realities of funding disbursements for high value personal injury claims means an additional impact on your law firm’s finances. Some firms seek upfront payments from the client, but many clients simply cannot afford to pay disbursements to bring a meritorious claim, or might even have to abandon the case part way through for lack of funds. This means that those with meritorious injury claims could be denied access to justice.
It is often overlooked that the costs and disbursements involved in clinical negligence litigation are substantially higher when compared to personal injury claims. This is due to both sides being significantly reliant upon expert evidence on the issue of liability.
Temple Funding offers a straightforward, affordable disbursement funding option for your high value personal injury and clinical negligence litigation. This gives your client the freedom to pursue their claim, without having to pay expenses along the way – and allows your firm to run the case which otherwise may not proceed. Removing the financial load from your firm’s balance sheet could also mean the difference between you being able to take on the case or not.
Contact us to find out how you can win more instructions for your firm with a disbursement funding facility from Temple Funding.