Liability Risk and Insurance
Fixed Recoverable Costs scheme progresses
The Lord Chancellor’s Department announced progress towards implementing an agreement on recoverable legal costs for low value
road traffic cases which is due to formally come into effect later in the year. The Department said that the Fixed Recoverable
Costs scheme will apply to road traffic accident disputes involving ‘personal injury, personal injury and vehicle damage and
vehicle damage only, pre issue of proceedings, not exceeding £10,000 total damages (generals, specials and interest) but excluding
VAT and above the relevant small claims limit.’