Compensation

Five common compensation claim types
Compensation

Five common compensation claim types

Usually, there are lots of reasons in which you may find making a compensation claim yourself. Compensation claims are generally made when a person incurs injuries or suffers from harm caused by another person’s wrongful actions or negligence. If in case you suffer from consequences brought upon by others’ poor decisions and choices, reach out to a compensation claims solicitor right away. Your solicitor can help in making the process less daunting by giving you full information of what and what not to expect, as well as for deciding the best approach to your case. Your solicitor should be able to give you a walkthrough of: the types of compensation claims available; andwhich type of claim suits you and your situation the most. Personal injury claims Personal injury claims,...
What is compensation for injuries?
Compensation

What is compensation for injuries?

Around 4 million people will incur injuries that aren’t exactly their fault. Out of 4 people, only 1 will be able to successfully make a claim for their compensation. Often because they are either unaware that they are entitled to such compensation or are wary of complex and lengthy legal proceedings. What is personal injury? A personal injury refers to the legal remedies and defenses involved in civil lawsuits brought as a result of wrongful conduct. In simpler terms, it can be a physical or psychological injury, disease, or illness that could result in death. Some examples of personal injuries are: injuries caused at work or work-related illnesses (e.g. a disease caused by working around asbestos);injuries caused in a traffic accident;injuries caused by faulty goods;injuries...
Which area of the UK receives the least amount of compensation?
Compensation

Which area of the UK receives the least amount of compensation?

According to the Ministry of Justice (MoJ), victims of accidents at work, medical negligence, or road accidents in Northern Ireland are currently receiving much less than the rest of the UK. The disparity in compensation awards exists because of a “discount rate” applied during the calculation process. This has not been reviewed in Northern Ireland to bring it at par with the rest of the UK, primarily because of the absence of a power-sharing government. What is Ogden discount rate? In serious injury cases, claimants will usually receive their compensation as a lump sum and invest it. With this, they can expect to receive a rate of return over the remainder of their lives—which is where the Ogden discount rate comes in. The principle of an accident or medical negligence compen...