Oireachtas Joint and Select Committees

Thursday, 8 September 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Rising Cost of Motor Insurance: Discussion

11:00 am

Dr. Neil Walker:

Just to clarify, I would not want to give the impression that we are saying that legal costs are the main part of the problem. They are a symptom of the broader problem. The problem starts in the courts. That sets the benchmark for everything else, and it is a fact that on a very low-risk basis a solicitor can say to a client that he or she will get the client 50% more than whatever the Injuries Board offers. Why would the client say no? That needs to be eliminated so the judges will not be awarding 50% more. Then there is no need for the solicitor. In fact-----

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