Friday, September 09, 2011

Personal injury referral fee ban

The big legal news today is that the government is looking to ban personal injury referral fees when they roll out the new legislation probably around autumn 2012. What this will do to the industry lord knows but if it really does happen there will be some casualties. A lot of personal injury law firms rely solely on referred leads and they will not have a plan B if this rule comes in.

Those firms with vision and a sensible business strategy saw this coming years ago and have turned into marketers rather than purchasers. 

Im afraid the writing is on the wall for the claims management industry and the sooner law firms realise that the better

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