Multipliers and multiplicands—personal injury claims


Published by a ³ÉÈËÓ°Òô PI & Clinical Negligence expert
Practice notes

Multipliers and multiplicands—personal injury claims


Published by a ³ÉÈËÓ°Òô PI & Clinical Negligence expert

Practice notes
imgtext

NOTE: On 2 December 2024, the Lord Chancellor announced that the discount rate would change to positive 0.5%. The positive 0.5% discount rate is effective from 11 January 2025. Schedule A1 to the Damages Act 1996 (DA 1996) provides that subsequent reviews are to take place within five years of the conclusion of the previous review which means that the next review must commence on or before 2 December 2029.

This Practice Note outlines the conventional method of converting ongoing losses to a single lump sum by multiplying an annual loss, assessed at the time of the settlement or court award, by a multiplier. This is the multiplier/multiplicand approach and is used in the vast majority of claims for future losses. The Practice Note also considers in further detail how the multiplicand is calculated and explains how the Ogden Tables are used to assess the appropriate multiplier to apply in a case.

NOTE: The 8th edition of the Ogden Tables (updated in August 2022) can be accessed here. See also Practice Note:

Powered by Lexis+®
Jurisdiction(s):
United Kingdom
Related legal acts:
Key definition:
Multiplier definition
What does Multiplier mean?

is the figure representing the number of future years by which the annual loss (‘t³ó±ð multiplicand’) is multiplied to reflect the period over which the loss is likely to be suffered.

Read more readmore

Popular documents

Past loss of earnings

Past loss of earningsCommon issuesClaims for loss of earnings are common in personal injury claims and are often the largest head of damages. For guidance on future loss of earnings, see Practice Note: Future loss of earnings—personal injury claims.While many are straightforward, typical

General damages in fatal accident claims

General damages in fatal accident claimsElements of a fatal accident claimThere are two different elements to a fatal accident claim:•the Law Reform (Miscellaneous Provisions) Act 1934 (LR(MP)A 1934) allows an action to be brought on behalf of the deceased’s estate for:◦pain and suffering for the

Multipliers and multiplicands—personal injury claims

Multipliers and multiplicands—personal injury claimsNOTE: The 8th edition of the Ogden Tables (updated in August 2022) can be accessed here. See also Practice Note: The Ogden tables.NOTE: On 15 July 2019, at the conclusion of the first review of the discount rate, the Lord Chancellor announced that

Recovery of NHS charges

Recovery of NHS chargesWhen a claimant is successful in claiming compensation as a result of an accident, the NHS is entitled to recover an amount to cover the cost of the claimant’s NHS hospital treatment and any ambulance costs. Recovery of these NHS charges falls to the Compensation Recovery Unit