The Claims Regulator Mark Boleat has confirmed that up to 90% of
the firms applying for claims authorisation are "had problems".
22nd June 2007
When addressing a
conference recently the
claims regulator
Mark Boleat has suggested that more than 90% of firms applying for
authorisation had problems that prevented them receiving a licence.
He did not
specify the nature of the problems but the indication was that there
are still many firms operating in a way which must be deemed
inappropriate. The public need to be aware that firms dealing with
compensation
claims are now subject to strict rules
A warning was
given to solicitor firms who flout the rules by purchasing claims
from firms that are either not authorised under the legislation or
use illegal practices to gain clients. The suggestion was made that
many law firms are so desperate for work that rules are being bent
and senior partners should act if they identify any wrongdoing.
The regulator is
looking at a number of cases at the moment involving
miners compensation claims which have been subjected to a
major review following allegations of overcharging by lawyers.
