Lawyers’ fees account for 40% of insurance pay-outs
Lawyers’ fees account for 40 per cent of the cost of claims paid by motor insurers. In an interview on the BBC today, a representative of the insurers suggested that claimants who do not use a lawyer are likely to get a more generous settlement than those who do, and claims can be settled more quickly.
There should, of course, be a system that provides a fair and speedy resolution of claims. But the fault is not all with the lawyers.
