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In personal injury cases a thorough investigation followed by clear presentation of financial circumstances is key to achieving a reliable assessment of loss.
Forensic accountancy and litigation support expertise can help you in a number of aspects. The initial work is often identifying and obtaining relevant financial documentation. This is an essential requirement in the process of assessing and evidencing the extent of a claimant's financial loss.
Quantum
The procedures adopted in calculating the quantum of loss suffered need to be technically correct and have regard to the principles established by statute and in past and evolving case law. To be credible, figures need to be supported by reliable financial evidence and where there is a range of possible outcomes, as is often the case, to show the various results of these.
Settlement
The increase in early settlement of claims, often through alternative dispute resolution, means there is a greater need for reliable and substantiated figures to be available to assist discussion between the parties.
Our personal injury, fatal accident and clinical negligence experience includes:
- claims for personal injury, fatal accident and clinical negligence
- structured settlements/periodical payments
- loss of office
- pension calculations
- share valuation.
Personal injury, fatal accident and clinical negligence assignments
Amongst others, PKF has acted for:
- All the major UK insurers
- Solicitors indemnity funds
- Local Health Authorities
- Professional sports persons.
PKF has acted in numerous cases in the following principal areas (although the details of the majority are confidential as they have settled):
- Personal injury cases of the utmost severity - Assisting with the preparation of comprehensive schedules of past and future losses and expenses, in cases involving injuries of the utmost severity. These typically involve cases involving claims for damages from £0.5 million to over £5 million.
- Fatal accident dependency claims - Preparation of formal reports and detailed schedules quantifying dependency losses, including dependency on past and future earnings and future pensions. Dependency claims ranging from £50,000 to £2.5 million.
- Pension loss calculations - Preparation of loss calculations and reports quantifying loss of pension entitlement arising in personal injury matters. Claims ranging from £10,000 to £250,000.
Contact us for more information. |
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