Claimant lawyers resigned to future discount rate rise

Car crash

The majority believe the rate will rise to between 1% and 1.5% according to research commissioned by barrister Bill Braithwaite Queens Counsel. Just one in 10 expect the rate to stay at minus 0.75%, with 16% predicting it will change to 0%. Braithwaite said: “Claimant personal injury solicitors are pragmatic. Under pressure from the powerful insurance lobby, they believe the government will roll over and backtrack on its decision earlier this year. “An adjustment to between 1% and 1.5% would b