Approach to costs
Solicitors at Humphreys & Co. always aim to approach
legal work in a financially-disciplined way. We offer
competitive rates. Our charging approach is both transparent
and geared to the options open to our clients. Our
solicitors generally charge by reference to time spent but
we can often agree fixed fees for specific work or in some
cases risk-adjusted funding structures.
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Compensation scheme picks up the bill
The industry protection scheme for collapsed financial companies will
have to meet the cost of thousands of asbestos-related insurance claims
after a landmark ruling by the Supreme Court yesterday.
The Financial Services Compensation Scheme, which is funded by the
financial services industry, confirmed that it would pay legitimate
claims, but declined to provide further detail.
The court ruled against four insurers in a test case about whether
liability lay in a fatal form of asbestos-induced cancer known as
Mesothelioma. The insurers, including MMI and Excess, had argued that
the liability for a payout should be triggered when the symptoms of the
disease manifested themselves.
But the court ruled that the insurer providing cover when the sufferer
was exposed to the fatal material would be liable. The disease can take
up to 40 years to show itself.
Two of the insurers – Builders Accident Insurance and Independent
Insurance – are insolvent. Claims that were put on hold by
administrators at PwC pending the outcome of the ruling can now
proceed. It is understood that MMI, a mutual, continued to payout
claims throughout the process. The insurers were particularly affected
by the issue of liability because the wording of their policies was more
open-ended.
The Times 29.03.12
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Accessibility
We take instructions from UK & international clients. Our independent lawyers are available by email, telephone & fax. With central Bristol offices we are just 90 minutes from London by road or rail and 15 minutes from Bristol International Airport. We can travel to meetings if required.
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Independent approach
We are an independent professional law firm here, not a legal factory turning out mass-produced products. In our experience, determined case-handling is more likely to produce effective results.
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Turnaround time
Solicitors at Humphreys & Co. look to input not only
careful legal work and precision but also the determination
to keep matters moving. They aim to work in clients' real
interests with energy and pragmatism.
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Communication skills
Solicitors at Humphreys & Co. always try to open up the
legal process by giving advice and explaining options to
clients in a concise and straightforward way, identifying
clear courses of action whatever the technical or legal
complexities of the subject. |
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