To those of us that have spent years gaining expertise in personal injury law and pride in our work it has been clear for a long while that whilst Noise Induced Hearing Loss claims can be very successful on an individual basis but only when vetted and progressed by the trained eye rather than bought on mass with the dire consequences to the clients and staff who are unfortunsately caught up in this wrap of commercialism and greed rather than client care and professionalism.
Slater and Gordon plans UK closures after £493m losses . Slater and Gordon is planning a major programme of office closures after posting a huge trading loss.The firm said it was likely that ‘a number’ of current sites will close, with an unknown number of potential redundancies. The firm said ‘underperformance in the UK operations’, including both intake and resolution of personal injury claims and fewer resolutions than expected in noise-induced hearing loss claims, has contributed to poor financial performance. The company has vowed to stop recognising revenue when it is just ‘probable’ that it will come in. The new standard, adopted retrospectively from July 2014, requires income under no win, no fee agreements to be recognised only when it is ‘highly probable that a significant reversal of revenue recognised will not occur’.