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We recently published a news article on The Compensation Myth, a report released by the Trade Union Congress (TUC) in conjunction with the Association of Personal Injury Lawyers (APIL). The report debunked common myths about compensation claims and raised interesting ideas on how the compensation bill can be reduced.
Over the coming weeks we’re taking a closer look at each of the myths. Last week we looked at the suggestions that workers are too ready to claim compensation, this week we’re looking at:
Myth 3: Compensation payments are too high
A common response from people when they hear about someone claiming compensation is that payments are sky high and the client is getting hundreds of thousands for nothing. In truth, the majority of workplace damages paid to injured workers are less than £5,000 and around 75% of cases are for damages of less than £10,000.
Rarely do settlements exceed £250,000. These types of figures are reserved for clients who have suffered life changing injuries that will have a detrimental effect on their remaining years. Loss of limbs and brain damage will drastically change a client’s circumstances and could mean round the clock care that will drive up the cost of the damages received.
The image of men in suits sitting around a boardroom table scribbling big numbers on pieces of paper are inaccurate, although it would make the job a little easier. Compensation is carefully considered based on strict guidelines and evidence. Clients receive compensation for pain and suffering alongside loss of earnings which are carefully calculated based on previous case law. Other losses, such as, medical treatment, pension loss, accommodation and vehicle adaptions, are also taken into account to ensure the client is put back into the position they would have been had they not been injured.
An important thing to remember is that compensation payments aren’t money for nothing. They aren’t gifts. The money is to ensure that the client is not left out of pocket following the accident. If asked, many injured people would rather go back to before the injury than receive compensation. Unfortunately, that choice is not an option for them.
Our job as personal injury solicitors is to ensure that we manage their claim as efficiently as possible so the client can concentrate on rebuilding their life while we get them the compensation they deserve.