The number of professional negligence claims issued in the High
Court fell in 2010 for the first time after the onset of the
recession but cases are predicted to rise again before the end of
the year according to claims experts at law firm Browne
Jacobson.
According to the latest litigation statistics released by the
Ministry of Justice there was 144 professional negligence
litigation cases brought against solicitors in the Chancery
Division of the High Court in 2010, compared to 210 a year earlier.
The number of claims against surveyors and valuers also fell by
around 50% during the same period.
In the Queen's Bench Division, negligence actions (excluding
personal injury and clinical negligence) were down significantly
too, from 362 in 2009 to just 247 last year.
Nik Carle, a partner and expert in professional negligence
claims at Browne Jacobson commented:
"This fall off in new professional negligence claims in the High
Court is the first we have seen since the recession took hold. This
is probably a natural slow-down in litigation levels, which could
prove short- lived. Figures available until the end of March this
year reveal a steady flow of new proceedings issued and these
mostly fit the mould of classic lender claims.
"Twice as many solicitors firms have already been sued this year
as valuers and there is also a strong likelihood that claims
against valuers this year will also be significantly up compared to
2010. Last year's blip will have had little impact on PI premiums
and firms should be braced for further rises as professionals
continue to find themselves in the firing line for some time to
come."
For more information about Browne Jacobson, please visit their
website here: www.brownejacobson.com