Firms are preying on each other as the number of opportunistic claims for under-settlement of a previous case increases, says Chris Neale

The legal industry has long been home to firms and claims companies seeking redress on behalf of victims of accidents, as well as the less scrupulous firms with a reputation for chasing business where none is to be found.

Such firms are becoming resigned to industry history. However, a new, insidious, and creeping trend of cases has begun to emerge, with professional indemnity insurers finding an increasing volume of claims brought for ‘under-settlement’ of those same accident claims.

This has become informally known as ‘cannibalism’.

Claimants are drawn in by online advertising and cold calls, often with a vague description of the legal basis of the claim, but a clear promise of increased ...

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