Claimant lawyers hit out at government’s discount rate reform

house of parliament

Personal injury lawyers have criticised the government’s proposed changes to the way the discount rate is set as well as its clampdown on how whiplash claims are paid.

The changes are included in the Civil Liability Bill which will be introduced to the House of Lords today (20 March).

The insurance industry has welcomed the bill, with some industry experts predicting it will lead to a discount rate of between 0 and 1%.

However, claimant lawyers have reacted with disappointment and criticism.

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