This article was published on August 2nd, 2017
A personal injury law firm has lost its £4.5 million claim for legal expenses after an insurance underwriting agency allegedly failed to deliver on the expected number of referrals for the law firm.
The law firm failed in their bid to convince the High Court that there was a binding agreement between themselves and the insurance agency between 2006 and 2011 at a time when referral fees were legal.
The deputy High Court judge ruling on the case said that “there was insufficient evidence to back up the claim that the insurance agency had promised to refer around 100 ‘acceptable’ road traffic cases, as well as 40 employer’s and public liability cases, per month.”
The law firm also claimed that the insurance agency had agreed to provide another 100 referrals from another insurance provider per month which in total equated to an approximate loss of profits of around £4.5 million for the personal injury firm.
In a statement, the firm said: “We will seek to appeal the judgement because we consider that the judge has, in error, misconstrued the contract between the parties and misinterpreted the factual evidence before him, which, in turn, fundamentally undermines his Lordship’s findings.”
Have you suffered an accident and believe the fault lies with someone else? If so, contact us for free by calling 0800 1979 345 or completing our online enquiry form.
Our personal injury solicitors have an excellent track record for settling personal injury claims. Our annual awards of damages for last year exceeded £14,000,000 with awards ranging from lower value minor injury claims of £750 up to complex catastrophic injury claims to the value of £1,300,000.
We offer a free initial interview in order to review your specific circumstances and assess the viability of your personal injury claim, so get in touch today.