Four things to Remember while Hiring Claim Solicitors

Claimants are always recommended to opt for claim solicitors since filing for compensation is usually harder than it looks. While hiring claim solicitors to help you out with your claim you have to keep a few things in mind so that you benefit from hiring a solicitor. This article will elaborate on 4 essential things that all claimants should keep in mind especially while hiring a personal injury lawyer.

#1 – Claim solicitors are considered as reputed white collared professionals but at times in the legal field things can go wrong. If you are hiring an independent solicitor then you should ask the claim solicitor for recommendations. The solicitor will give you numbers of claimants he has dealt with in the past and these claimants will be able to give you a fair idea about the legal skills of the solicitor in question. Before hiring a legal white collared professional the claimant should also ask the person he is going to hire the various things the lawyer will do for the claimant. Good lawyers give legal advice, follow up with various authorities related to the case and they represent the claimant in court.

#2 – If you are hiring claim solicitors from an accident settlement company then you should check the reputation of the company. By opting for a good accident settlement company you will be increasing your chances of hiring a good solicitor. Good accident settlement companies usually post testimonials written by previous claimants on their website in order to show future clients that they are worth hiring. Before opting for legal services of an accident settlement company you should go through these testimonials and the company’s website to understand their services better.

#3- If you are hiring a personal injury lawyer then you should ensure that the legal professional is registered with the APIL that is a governing body for lawyers in UK. The Association of Personal Injury Lawyers ensures that each and every lawyer is capable of handling claims and that they have the required training along with expertise to help claimants.

#4 – Most claim solicitors provide a no obligatory service that entitles the claimant to receive free legal advice without hiring the lawyer. Most solicitors also provide no win no fee service that entitles the claimant to receive free claim related help. The no win no fee service states that claimants are not liable to pay any fees to the lawyer helping them with the claim. If the lawyer helps the claimant win the case then he will get his legal fees from the person who has lost the case but if the claim solicitor loses the case then he is not entitled to receive any fees. In both cases the claimant does not have to worry about increasing costs related to the claim and he can enjoy free legal services.

Increase Seen In Solicitation for Proposals From Independent Compensation Consultant

Upper Saddle River, NJ – September 18, 2009 – Upper Saddle River, NJ:  Compensation Resources, Inc. (CRI) has seen a dramatic increase in requests for executive compensation advisory services from Compensation Committees of publicly-traded companies.  Paul Dorf, Managing Director or CRI, indicated that, “We expected an increase as Boards respond to the current public and media outcry over excessive executive compensation; however, we have been surprised by the number of additional companies that are seeking an independent review of their executive pay practices.  This appears to be a direct response to recent government proposals on potential conflicts of interest among some of the larger compensation consulting firms,” Dorf continued.

A December 2007 US House or Representative’s report authored by Congressman Waxman (D-CA) titled, Executive Pay: Conflicts of Interest Among Compensation Consultants[1], outlined these key findings:

* In 2006, at lease 113 of the Fortune 250 companies received executive pay advice from consultants that were providing other services to the company.

* These consultants providing both executive compensation advice and other services were paid almost 11 times more for providing other services than they were paid for providing executive compensation advice.

* More than two-thirds of these companies with potentially conflicted compensation consultants failed to disclose these relationships.

* The study also indicated that there appears to be a correlation between the extent of the consultant’s potential conflict of interest and the level of CEO pay.

This summer, the SEC solicited comments on a number of proposed changes related to executive compensation, proxy disclosure, shareholder rights, and compensation consultants.[2]  The concern regarding compensation consultants focused on the potential conflict of interest when the same or affiliated compensation consultant works for both management and the board of directors in setting management’s pay.  The proposed changes would require companies to disclose this potential conflict and the amount of fees paid for these services.

Independent compensation consultants, like CRI, could potentially benefit from these changes, should they take effect.  Paul Dorf agreed, “In this day and age, why would a compensation committee accept such a risk of conflict when it can easily be mitigated by choosing a truly independent compensation consultant?”

A Sunday Independent poll of 10.5.09 put rte’s former economics editor, George Lee well ahead of his opponents for winning the Dublin South bye-election. Irish journalist Karen Coleman discussed the poll on her show,The Wide Angle on Newstalk106-108. Her guests were Senator Ivana Bacik, Professor John Crown and Solicitor, Gerald Kean.

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