What happens if a solicitor goes bust?19 Jun 2020 | Rob Aylott
What happens if my solicitor has ceased trading?
Like many business, some solicitors’ practices are struggling at the moment financially due to the impact of COVID-19 on their business models. Practices are shutting down or being sold to other firms.
If you have an existing personal injury claim with a firm that has shut down or sold what can you do? Can you transfer to another firm of your choice like Osbornes Law?
The short answer is invariably yes. If your claim is being funded by a Conditional Fee Agreement then your old firm will allow you to instruct a solicitor of your choice to carry on with the claim subject to an undertaking being provided to protect their position on the costs that have been incurred.
Sometimes the old firm wants its disbursements paid before releasing the files and, on a case by case basis, we will let you know if we are prepared to do this for you. We will then recover their profit costs at the end of the claim when it is successful.
What about After the Event insurance cover?
Often, we will be able to transfer an existing legal expenses policy over to ourselves as we deal with a number of insurers ourselves.
Changing the firm handling my personal injury claim – next steps
During our working week, our team receives calls from clients who are not happy with their firm. As a specialist personal injury solicitor, I am able to discuss your particular case and the process involved when transferring a personal injury case to another one, such as Osbornes Law.
Blog post was written by Rob Aylott, solicitor in the Personal Injury team.
Share this article
Rob Aylott Partner
Contact us today
For a free initial conversation call 020 7485 8811
Email us Send us an email and we’ll get back to you
More from RobVIEW ALL
Car accident client stories
Below is a summary of the car accident claims that the personal injury specialists in the personal injury claims department...Read more
Seven figure leg amputation settlement
Mr S was walking across the yard at work when he was run over by a forklift truck from behind....Read more
Examples of Serious Head & Brain Injury Settlements
C–v-N Child pedestrian crossing road knocked over by car when running into road sustaining a traumatic brain injury and...Read more
Multi-Million Settlement After Motorbike Accident
Our lawyers achieved a £5m settlement for a 54-year-old man following a motorbike accident. As a result of the accident,...Read more
Motorcycle Accident Case Settles for £400,000
Mr C, an Italian man working in a 5 star London hotel was riding a moped home from work at night...Read more
Motorcycle accident case settles for £90,000
Mr H was a hard-working security operative. He and his wife both worked full time and they were planning to...Read more
London Tube Sign Causes Head Injury
Serious brain injury claim after falling London tube sign knocks pedestrian unconscious. An airline pilot ‘miraculously’ survived after a 20kg...Read more
Fatal accident claim settled for £125,000
Fatal Accident case following the death of Mr D who drowned as a result of a boat collision in the...Read more
Compensation Tables for Personal Injury
What are the Ogden Tables? If you have been injured in an accident that was not your fault, you may...Read more
Motorcyclists – Could your actions be invalidating your insurance?
Insurance cover for you and your bike is vital in the event of an accident or theft but beware – insurance...Read more
Osbornes Law joins legal panel of national road...
Osbornes are delighted to announce that the firm has joined the legal panel of the national charity for road crash...Read more
Senior Catastrophic Injury Solicitor Robert Aylott gains further...
Rob Aylott, senior solicitor in the Personal Injury team has recently been confirmed as an APIL Accredited Fatal Accidents Specialist (...Read more
Preparing for winter riding
Winter weather means tougher riding conditions for motorcyclists so it’s important to be prepared. Over the years I have...Read more
Osbornes Law joins legal panel of amputee charity
London law firm Osbornes Law has joined the legal panel of the Limbless Association, a charity that supports amputees and...Read more
Brachial plexus injuries claim
In my career I have worked for the two biggest motorcycle insurance brokers in the UK and assisted their policyholders...Read more
Teenager involved in car accident receives compensation
A teenager who was a passenger in a car when it collided with another vehicle has secured compensation for the...Read more