UK personal injury lawyers to join the London Stock Exchange

Throughout the history of UK personal injury lawyers it has so far been impossible for a firm to become a London Stock Exchange listed company.

However, with the ratification of the Legal Services Bill into the Legal Services Act, it is expected that this will soon change.

The Legal Services Act includes provisions that allow UK personal injury lawyer firms to adopt "alternative business structures". Without going into the finer and more brain-stretching details of the Act, what this means is that it will be possible for personal injury firms to list shares on the stock exchange, allowing for outside funding of their businesses.

Although the need for the regimes and infrastructures necessary to making this a reality are some way off they are not expected to be in place until 2012 it is inevitable that such a dramatic change in the way legal companies are funded and valued will present significant challenges.

Not least among these is how successfully smaller firms will adapt to the changes. Some experts have voiced fears that these smaller personal injury claim providers will suffer if, as they predict, larger firms become larger, and significant new players enter the "market".

The Legal Services Act has not passed unnoticed among the big investors from the city either, with a number of accident compensation solicitor firms reportedly being approached by representatives from the UK's largest investment companies.

Following the Australian example
Britain will not be the first country to allow stock listed accident lawyers; last year in Australia Slater & Gordon became the world's first listed law firm.

Although the experience of Slater & Gordon has so far not been an unqualified success, with their share price falling to just above their initial trading price after an initial surge of 95%, they have raised more than £15 million, suggesting stock listing may be a viable strategy for some UK law firms.

No win, no fee lawyers with a national reputation for excellence
Here at YouClaim we are proud that the personal injury lawyers on our panel firms have forged a virtually unparalleled reputation for excellence.

We are upholding our reputation for excellence while keeping our service cost-free. That is why (with the exception of certain costs in a medical negligence claim) we guarantee that we will never charge you a single penny in costs or fees.

We also ensure that the process remains cost-free for you by protecting you from costs incurred by the opposing side, and delivering 100 percent compensation to every winning claimant. We are so much more than "no win, no fee".

To put it simply: win or lose, you will never have to pay anyone a penny.

In addition, all our solicitors are governed by the Solicitors Regulation Authority (a regulatory branch of the Law Society), ensuring you receive the most professional service.

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