Compensation

Advice, Compensation, Workplace

How can a business reduce its liability?

Reducing business liability doesn’t have to be complicated. Here are some simple tips on how you can reduce your business liability. What is liability in business? Liability is the risk of any sort of loss from your business, most commonly money and debts.  This could also be loss that occurs due to risk, negligence and even unforeseen circumstances (like a global pandemic).  Common types of loss from businesses include: 1. **Business failure**. This is the most common cause of bankruptcy. While the risk of loss is greatest in the first years of operation, it can happen any time. 2. **Inadequate insurance**. This means not getting insurance at all, or not getting enough insurance to cover your operations and relationships. 3. **Insufficient management**. Not...
Advice, Compensation

What is legal expense insurance

A person who is injured as a result of the negligence of another party is entitled to some form of financial compensation for the actual injury and loss of income. These are called "general damages." "Special Damages" cover other financial losses suffered as a result of the injury. Lawyers use the Judicial College Guidelines to determine "general damages" as there is no set amount for these types of injuries given all the variables. The maximum for "general damages" under the Judicial College Guidelines is £337,700 and includes things like a severe brain injury. With a "no win, no fee" arrangement, the solicitor's legal fees are waived should you lose in court. If you are successful in court, what happens is your solicitor takes their fee directly out of the funds tha...
Advice, Compensation

Who pays the fee with no win no fee?

No win no fee applies between a client and a solicitor. In other words, an agreement is made between a claimant and the personal injury lawyer regarding the fee payment. What does the agreement mean? As per the agreement, the client need not pay any legal fee to the lawyer if the case is lost. The solicitor waives off all the legal costs that have to be paid to him if he loses the case. In case if the lawyer wins the case, then the claimant has to pay the legal fee as agreed. The no win no fee agreement came into existence after the government stops Legal Aid for civil dispute. No win no fee agreement is also called a conditional agreement. The personal injury lawyer in common takes an insurance policy. Find out more about personal injury payments. The policy is taken on...
Compensation

How to make a personal injury claim yourself

How to make a personal injury claim yourself Can you make a personal injury claim yourself? You most certainly can. The question is, should you do it? Making a personal injury claim yourself is easier than you may think. But, at the end of the day, it is something that you want to think twice about doing. Still, many people in the UK will contact a company, negotiate with an employer or try to deal with an insurance claim themselves. What are the pros and cons when it comes to trying negotiate your own personal injury claim? Pros and Cons Of Dealing With A Personal Injury Claim Yourself Most people who try to deal with a personal injury claim themselves often see it as a personal challenge. The most significant pro is perhaps that you have cut the cost of using a solicitor....
Advice, Compensation

How much will I get for my personal injury claim?

Although a personal injury should never be seen as a way of making money, the truth is that you can do well when you claim for a personal injury. For instance, the average payout for a personal injury in the UK such as whiplash, is currently around £10,450. Of course, it all depends on the severity of your injury. When you have more serious injuries, you can receive higher settlements. Full And Final Settlement It is important to realise that your payout is often a full and final settlement. What does that mean? It means that you can't make a claim for the same injury again. The payout that you receive, is meant to cover compensation and ongoing treatment. It is essential that you claim for everything in one go. An insurance company, or a court, is unlikely to provid...
Compensation

Claiming personal injury for bicycle accidents

Seeking compensation after a cycling accident Being involved with a cycling accident will give you a lot of trouble both emotionally and physically. It is a harrowing experience especially if the accident is because of someone else’s negligence, if this happens, you are entitled to compensation that will help you recover and avoid additional burden to you and your family. Read this guide from Natasha Hall Law on cycle accident compensation. Regaining your confidence and independence after the accident will take time, that is why it is better to seek compensation to help you with: The cost of your recovery.Support your family.The cost of damage to your bike. For a serious injury, you may even incur the cost for: rehabilitation;physiotherapy; andeven any modifications to your...
How Much Should I Settle For Getting Hit By a Car?
Compensation

How Much Should I Settle For Getting Hit By a Car?

The simple answer to this question depends on the severity of the damage that you get from the accident. The amount of money you potentially get may be higher if the person who is to be blamed for the accident is under an alcohol influence or negligent in some other way. What is the Average Car Accident Settlement? In the UK, the average payout for a whiplash and car accident claim varies depending on how bad the accident is. A brain injury for example is considered very severe and compensation payments can exceed £250,000. Something like a facial scar would be considered less significant and compensation would be significantly less. What is the Average Payment Specifically For a Whiplash Claim? According to legalexpert.co.uk average payouts for a whiplash claims can be: ...
6 Tips to Maximize Your Personal Injury Compensation
Compensation

6 Tips to Maximize Your Personal Injury Compensation

Being a victim of any kind of accident can be a harrowing experience, especially if it is a grave one. The good news is that victims of personal injury can get legal recourse. This is not an easy task but with the right help, you can maximise your compensation with these tips. 1.  Rely on compelling evidence In order to assess the amount of compensation you deserve, the court will rely heavily on the evidence produced before it. It is therefore important to tender all the evidence that supports your case. 2.  Include medical expenses Most victims fail to seek medical assistance or follow through with prescribed medication. However, this could be covered by your compensation if you add it to your overall calculation. 3.  Consider present and future damages ...
Can you claim compensation for pain and suffering?
Compensation

Can you claim compensation for pain and suffering?

Can you claim compensation for pain and suffering? This article will address the psychiatric damage that occurs when a person goes through a traumatic event and how paying damages helps to acknowledge that what happened should not have taken place. Can you claim compensation for pain and suffering? Yes. You can claim compensation for the psychiatric suffering that you endured. This is usually paid under general damages and somewhat attempts to begin to compensate an individual for the impact that an event has had on their life. No one would exchange their injury for cash, if they had a choice. The impact that an injury has had on a person's quality of life is known as a 'loss of amenity'. General damages cover pain, suffering and a loss of amenity. Since you cannot undo the...
Compensation

What is no win, no fee?

Natasha Batty, Principal Solicitor at Natasha Hall Law, explains how no win, no fee solicitors work. The meaning of no win, no fee “No win, no fee” relates to claims of personal injury which caused by someone else’s negligence. Having a no win, no fee agreement with a solicitor ensures your claim for compensation if you obtain injury from an accident that was not under your fault. Paying your solicitor with a percentage of the compensation will depend if they are successful in helping you or not. Types of cases related to no win, no fee The solicitor will determine during the initial consultation if you are entitled to a: no win, no fee personal injury;medical negligence; ordental negligence claim. Most of the time, when you acquire injury from an accident that was...