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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.’

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