Personal Injury
Strategies
Securing an appropriate settlement is naturally high in the order of priorities but a time will come when that settlement will need to be prudently and effectively managed if it is to be relied upon, over the long term, to deliver the benefits intended. Engagement by claimants and their families with the financial realities and disciplines needs to begin early - preferably before, and certainly no later than the award of any interim settlement - if the long-term value of the settlement is to be maintained. For all these reasons, an increasing number of legal advisers in this sector are working closely with financial advisers who can introduce complementary skills and expertise.
Comprehensive and complementary expertise
Our specialist team at AWD Chase de Vere has more than fifteen years experience of working along side legal professionals.
Our aim is to build productive, long-term relationships with our fellow professionals and their clients. We will provide both the reassurance that claims will be assessed with an expert financial view of the ongoing financial requirements, and that funds will be invested prudently and effectively, in a manner appropriate to meet the client's individual needs and circumstances.
An adviser who is fully qualified in this area of financial advice is assigned to each case. Their role in working alongside the legal adviser is not only to help establish, with the greatest possible degree of certainty, the likely long-term financial needs of the claimant, but also to put in place portfolio structures, strategies and monitoring processes to ensure that these needs can be met in practice. It is an unfortunate fact that too many awards fail to deliver against their long-term financial objectives, simply because portfolios are not regularly reviewed and adjusted to take account of changing personal or market circumstances.
A further consideration is the nature of the award. We provide high-level advice in relation to structured settlements and periodical payments as per the Courts Act 2003. Our advisers are supported by our in-house team of researchers, administrators and other senior advisers to ensure robustness of proposals and Continuity of strategy.
Generally, we will work both pre and post settlement with legal advisers and their clients to achieve the best results; the structure of the settlement we recommend can often perform a useful role in helping to achieve a mutually acceptable outcome. However, very often the AWD Chase de Vere Personal Injury Team is called in to advise post-settlement. In these circumstances we can help clients to make the most of the funds they have been awarded, even if we have not been in a position to influence the size of the settlement itself.
At all times, legal advisers and their clients have the reassurance of knowing that the advice offered by AWD Chase de Vere is not only based upon our expertise and specialist knowledge, but is also totally objective. Our recommendations are completely independent of any product provider.
Introduction
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