RJW Assist
PI Expertise
Over 80 years of successfully settling claims
Don't take a gamble
We have a track record of successful and timely assessment and settlement of PI files
No Additional Costs
We work on a pro-bono basis when you need assistance. You simply recieve the fees for the work we carry out to conclude files
RJW Assist
This is where RJW Assist comes in. RJW Assist is a service which can help you find a way out by concluding unfinished cases, be responsible for paying your creditors, pay you for your work to date and protect your firm from interventions, bankruptcy and other professional issues.
Tough challenges ahead
Industry commentators predict that up to 30% of all English and Welsh firms will disappear over the next five years. Recently introduced legislation, the newly announced government ban on referral fees, the Jackson review, as well as Alternative Business Structures (ABS) will more than likely have an affect on your business and its future, especially PI work.
Increased competition in the marketplace probably suggests you are seeing reduced incomes and profits (through loss of legal aid and fixed fees) and may have found your insurers are taking a hardened attitude towards your professional indemnity cover; we have heard of premiums doubling or tripling if cover has even been offered. The alternative of course is the Assigned Risks Pool but this severly hampers your opportunity to put matters right.
Pitfalls and consequences
In light of these issues, you may, like many others, be considering your firm’s future and need a viable solution to solve your problems. Not doing something now and leaving it too late could result in:
• Your clients’ PI claims failing through negligence
• Your clients’ PI claims taking far longer than they should to settle
• Your clients considering a complaint or starting a claim against you
Danger signs/what to look for
• Clients’ matters or files not progressing as quickly as they should be
• An increasing number of outstanding issues you haven’t time to address
• Your debts just aren’t reducing
What next?
Make sure you are not in this position by contacting the RJW Assist team today.
Please call 0808 175 7740 or email assist@RJW.co.uk.
