The rise, fall and recovery of claims management firms.
Following the closing off of the PPI window in August 2019 – claims firms will go out of business unless they can find more – what have we seen so far:
Why financial services? A easy target
The Primary Limitation Period for professional negligence claims: you usually have 6 years to make a claim. NOT FOR FINANCIAL SERVICES - IT'S OPEN ENDED.
No win – no fee – it means that successful claims pay more in fees to cover the costs of unsuccessful claims. Claims company fees usually charge 20 - 35% of the value of your claim? They say it is charged on top to the organisation settling any claim. Beware this with successful claims costs higher as claims companies offset unsuccessful claims losses against these.