- Civil Liability Act 2018—a welcome injection of reality on PI discount rate
- What are the key changes which will arise as a result of the coming into force of CLA 2018?
- Are the changes a desirable development? What problems are they designed to deal with? How effective are they likely to be in addressing these?
- Are there still any grey areas practitioners will need to watch out for?
- What are the implications of CLA 2018 for practitioners and the personal injury sector more widely?
- What do you expect the impact on the insurance sector will be?
- How does this fit in with other developments in this area of the law? Do you have any predictions for future developments?
Personal Injury analysis: Following the enactment of the Civil Liability Act 2018 (CLA 2018) in December 2018, Andrew Parker, partner at DAC Beachcroft, examines its reforms to whiplash injury claims and its new mechanism to change how the personal injury discount rate is set.
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