Certainty for Personal Injury Litigators, at Last!

As predicted by Emma Corkill of 39 Essex Chambers in her article and despite the current obsession with all things Brexit, the Lord Chancellor announced the start of the first review of the personal injury discount rate on 18th March 2019 in writing to Bob Neill, Chairman of the Justice Committee (see here).

The Lord Chancellor advised that he will initiate his consultation with the Government Actuary (see their technical memorandum on setting the discount rate here) on 7th April and will determine the outcome of the review no later than 5th August 2019.