Duncan Fairgrieve compiles influential report on Discount Rate as part of MoJ Review
12 September 2017
Duncan Fairgrieve, a 1COR door tenant is the co-author of a briefing note on comparative law under the auspices of the British Institute of International and Comparative Law which was commissioned by the Ministry of Justice as part of its review of the Discount Rate in Personal Injury cases.
The research examined the setting of the discount rate in a number of key jurisdictions across the globe, including Australia, Canada, France, Germany, Hong Kong, Ireland, Spain and South Africa. The research showed that there was a wide variety of rates and approaches in the jurisdictions covered.
The Government’s Response to the consultation this week referred in detail to the comparative law work as part of a paper expounding a proposed new approach to the Discount Rate. To access the comparative law study, please see here.