The Solicitors Regulation Authority (SRA) has announced it has begun a review to better understand the personal injury legal market and the experiences of solicitors providing legal advice.
The SRA notes that the personal injury market has undergone significant change as a result of legislative and regulatory reform and, in recent months, key stakeholder groups, including solicitors’ insurers, industry specialists and representative bodies, have approached them with a number of concerns that could pose increased risk to the experiences and outcomes for consumers.
As the regulator, it is important that the SRA gains a thorough understanding of how the market is functioning, the perceptions and experiences of solicitors practicing in this area, and views as to the prevalence and impact of concerns raised by stakeholders.
The SRA will begin this project by contacting a number of solicitors involved in personal injury work and asking them to complete a short online survey.
The survey will provide solicitors with an opportunity to provide their views on a number of topics including knowledge and skills of solicitors, solicitor practices and behaviours, funding arrangements, the role of fixed fees and the challenges and barriers associated with progressing claims.