Personal injury

An average of 90 people are killed or seriously injured each day on our roads; a further 650 are slightly injured. Many victims suffer financial loss as a result of their injuries, and in case of fatalities their dependants can also suffer financial loss.

In some cases, the task of calculating a loss of earnings or dependency can be complex. Where, for example, the victim is self employed or a senior employee in receipt of variable remuneration, particular care is required to evaluate the loss.

ktsowensthomas works with the legal representatives to prepare a schedule of special damages; alternatively, when appointed by the defence, we can prepare a commentary on the claimant’s schedule. We want to ensure that the claimant identifies all of his/her loss and that the defendant does not pay any amounts that are not losses caused by the accident.

Future losses are evaluated according to methods approved by the Courts and usually involve a special set of mathematical multipliers and discount factors, the Ogden Tables. The data from these tables needs to be implemented with care, as a small change in one of the numbers can give rise to a much larger change in special damages.

The legal team can rely on ktsowensthomas’ Forensic team to evaluate the claim properly and forensic accountants, we can give advice on certain aspects of quantum.

Our services are designed to complement those of the legal team. We discuss each case and agree the precise terms of the appointment. When appointed for both parties, we are independent experts. When appearing in Court or preparing disclosure reports, our duty is to the Court, not to any single party.

Case Study

A company director was injured and unable to work for six months as the result of a road traffic accident, which was not his fault. In his absence, company sales and profits fell slightly. He believed that the results would have been much better if he had not been injured.

We constructed accounts, based on pre-accident projections, modified by the results of our comparing actual with budgets for earlier periods. This effectively discounted the natural optimism that usually accompanies such projection.

Settlement was agreement on this basis.

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