In what must be considered a welcome delay by those within the legal sector, the Ministry of Justice has confirmed that the extension to fixed recoverable costs will now take place in October next year.

Legal professionals will be aware that the FRC extension was initially meant to be introduced in October 2022, but earlier this year it was delayed until April 2023.

However, it now appears that there will be a further six month delay, and it has been said that this will give those in the legal sector more time to prepare.

Whether it is a case of the rules simply not being ready for implementation or a welcome breathing space for legal professionals to adapt, it must be hoped that any delay will lead to a sensible approach to fixed costs going forward, especially for firms who have already seen much turmoil of late.

The plans to extend fixed costs across the fast track and in most money cases worth up to £100,000.00 have remained controversial since being announced by the government as far back as September 2021.

Here at Box Legal we have been offering after the event legal expense insurance since 2004 and have a wealth of experience. We have competitively priced ATE insurance policies available for all types of personal injury claims and can also arrange legal expense insurance cover for non-personal injury claims such as housing disrepair and financial mis-selling.

The number and variety of cases we arrange cover for is always increasing and so please contact us to discuss any after the event insurance requirements. We are happy to discuss and develop ATE insurance for case types we do not already insure.

If you would like to speak to us or obtain further information then please call on 0870 766 997, or email info@boxlegal.co.uk