Posted: September 25th, 2016
A soon-to-be-published revised Book of Quantum will provide new guidelines concerning the award of personal injury compensation in Ireland.
The Book of Quantum is a publication that contains an extensive list of injuries corresponding estimates of the amount of compensation that should be awarded for said injury. It is used by judges and solicitors when settling claims for compensation where the victim was injured through someone else’s lack of care, and accounts for both the severity of the initial injury and the long-term impact.
However, the book was first published in 2004 and in recent years has been criticised by many as being out of date. Some judges and insurance companies have stopped using the book completely, believing that the guidelines are no longer appropriate. Many more will continue to use the book, but consistently award the highest estimate provided. These can both lead to inequality across the system.
Concerned with the developments, many of Ireland’s senior judges engaged in discussions with the Courts Services and the Injuries Board Ireland to develop a new Book of Quantum. Over 52,000 cases from 2013 and 2014 were analysed and the results were used to create new estimates for personal injury claims. The new Book of Quantum, to be published within the next few months, should resolve the current inconsistencies.
One of the major revisions was to alter the estimates provided to account for inflation and a change in the cost of living in the twelve years since the initial book was published. More subdivisions were also introduced to allow fairer settlements to be awarded.
Though the Book of Quantum only compensates for physical injuries, claimants can also recover compensation for emotional trauma and financial losses. To ensure that you receive the best settlement possible for your injuries, it is strongly advised that you consult an experienced personal injuries solicitor.