News & Resources

Settlement based on New Discount Rate

7th March 2017

Instructed by Irwin Mitchell, James Arney secured a £650,000 settlement on behalf of a 55 year-old care worker who sustained severe leg and ankle injuries in an RTA. The claim was originally pleaded at about £737,000, but increased to just over £900,000 following the discount rate change to -0.75%. Settlement negotiations proceeded expressly on the basis that the new discount rate be used without adjustment.





Related Barristers

James Arney KC

James Arney KC
Year of Call: 1992
Year of Silk: 2021