Ogden Discount Rate 2019 - Implications

Exploring what impact the new Ogden Discount Rates will have in practice

  • 1 ratings, 18 users enrolled

Course Overview

The PI Discount Rate is a calculation used to adjust lump sum compensation payments to the victims of life-changing injuries; the purpose of the Discount Rate is to ensure that victims receive full and fair compensation. Consideration is given to loss of future earnings, care costs etc with a view to the victim returning to a financial position comparable to if they had not been injured.

Following extensive review, the Personal Injury Discount Rate increased by 0.5% to minus 0.25%, with effect from August 2019.

During this session solicitor and lecturer Nicky Carter will explore the implications of the new rate and will provide viewers with guidance on using the new PI Discount Rate in practice.  

Nicky will discuss the following topics and case law:
•  Part 36
     o    Offers
     o    Acceptance  
     o    Withdrawal
•  Settlements
     o    Court approval
     o    Re-negotiation
•  Accommodation
     o    Roberts v Johnstone revisited? JR v Sheffield Teaching Hospitals NHS Foundation Trust [2017] EWHC 1245 (QB)

What are the requirements?

  • Watch the recorded webinar and review the supporting documentation

Learning Outcomes

  • On completion of this course you will have a greater understanding of how the new PI Discount Rate operates in practice and will feel more confident when handling cases where the new rate applies.

What is the target audience?

  • This course is suitable for personal injury practitioners including fee earners, trainees and experienced solicitors

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About Instructor - Nicky Carter

Nicky has over 20 years experience as a claimant PI lawyer and works with a number of leading national firms and regularly presents courses for several of the country's largest providers of legal training. In addition she lectures on the BPTC and in the coming months will be lecturing on the CILEX level 3 and level 6 courses.

Course Curriculum

Recorded Webinars

  • Webinar
    00:37:24

Supporting Documentation

  • Slides
    36 Page

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  • Price
  • £ 60