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Its good that the MOJ (who have been caught on the hop by this announcement by the Chancellor of the Exchequer) are looking at the issue but what can they honestly conclude? We all know it will be a disaster for firms large and small and thousands of people will be disenfranchised from the legal system unless they want to employ a CMC / Mackenzie Friend to do the job for them at an inflated rate. Insurers will not pass on any savings by way of reduced premiums. This issue has been considered many times over the last decade and it has been kicked into the long grass every time as bad idea. Nothing has changed. if anything the evidence in favour of keeping the limit as it is stronger eg reduced claims volumes, lower costs settlements, inequality of arms and reduced amount of fraudulent claims. Both claimant and defendant's agree the limit should not be raised. I hope common sense prevails. There are also much bigger reforms about to hit in respect of fixed fees across the board.

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