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Published 20 marzo 2018
The Government has today (Tuesday 20 March) announced it is introducing the Civil Liability Bill, which will be published tomorrow and will focus on personal injury. The Bill, which will start in the House of Lords, will include provisions to address whiplash claims and to update the method by which the discount rate is reviewed.Reacting to the news, Andrew Parker, Partner and Head of Strategic Litigation at international law firm DAC Beachcroft, commented:"It's good to see progress on these important themes. There is an urgent need to rebalance the way in which the discount rate is set, to bring the rate back to a level which is fair for claimants and for defendants alike. The publication of this Bill before Easter raises hopes that the discount rate will be reviewed before the end of 2018.""Further reforms for whiplash claims are long overdue. We spend far too much time and money arguing about the value of minor injury claims. A tariff is definitely the way forward so there is no mystery about the value of a claim. "Let's not forget in all this that we are all defendants: this Bill is about addressing the costs incurred by taxpayers, motorists and business."