SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

TMC NEWS

TMCNET eNEWSLETTER SIGNUP

The UK Clinical Negligence Market Briefing 2018 - A 700 Million Lucrative and Rapidly Growing Market for Law Firms - Research and Markets
[January 12, 2018]

The UK Clinical Negligence Market Briefing 2018 - A 700 Million Lucrative and Rapidly Growing Market for Law Firms - Research and Markets


The "The UK Clinical Negligence Market Briefing 2018" report has been added to ResearchAndMarkets.com's offering.

The UK Clinical Negligence Law Market Briefing is the first edition of an annual Legal Market Briefing and provides an overview of the UK clinical negligence law market.

The clinical negligence market is estimated to generate almost 700 million in gross revenue for law firms in the UK, with gross revenues having risen rapidly over the past three years. Despite efforts to cut the costs of clinical negligence claims, the author anticipates the market will see substantial growth over the coming five years, with gross revenue rising by more than 90% over 2016/17 to 2020/21.

An aging population and rising population are resulting in more patient treatment events, so that evenwith stable medical standards, more actual and potential claims are being generated. At the same time, compared with the past, patients today seem more willing to sue doctors and medical organisation for perceived breaches of duty.



The ending of legal aid for most clinical negligence cases and the changes to no win, no fee arrangements introduced in 2013/14 have helped cut the number of new cases reported but this still leaves a large number of cases to be closed each year. Moreover, the damages awarded in legal cases are tending to rise, with obstetric cases the prime cause of the increase. Costs are rising because of longer life expectancy, rising costs of medical treatments, rising legal costs and the growing time it takes to settle cases. Legal costs represent almost 40% of NHS payments on clinical negligence cases and the share taken by legal costs is rising, despite most cases never resulting in formal court proceedings.

Key Topics Covered:


1. Executive Summary

2. Introduction

3. Market Structure

4. Market Drivers

5. The Key Players

6. Market Size And Trends

7. The Future

8. Associations

For more information about this report visit https://www.researchandmarkets.com/research/jck3kw/the_uk_clinical?w=4


[ Back To TMCnet.com's Homepage ]







Technology Marketing Corporation

35 Nutmeg Drive Suite 340, Trumbull, Connecticut 06611 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2018 Technology Marketing Corporation. All rights reserved | Privacy Policy