Whether you are a Claimant or a Defendant practitioner, when it comes to forensic accounting advice to support your claim you need accurate, considered and practical advice.
Founded over forty years ago, Frenkels Forensics Chartered Accountants is one of the leading forensic accountancy firms in the UK. At the heart of our practice is providing litigation support and expert witness services to solicitors’ firms across the UK, who specialise in personal injury and clinical negligence claims.
We are regularly instructed by solicitors representing both Claimants and Defendants. The feedback that we receive from clients is that this is a strong positive as we are able to review a claim and the documentation from the perspective of both sides. Based on our experience, this assists our clients with assessing the risks on a case as well and enables them to have a balanced assessment of quantum and review of the claim.
We are proud to have clients praising our ‘clear and accurate’ reports and our ‘outstanding contribution’ to their work as well as ‘hugely assisting in achieving a favourable settlement’ of a case.
All of our accountants are fully qualified with the Institute of Chartered Accountants in England and Wales and have years of experience in assisting with personal injury cases of all complexities. We are adept at assessing all types of damages arising in personal injury claims, including:
• Loss of earnings claims
• Pension loss claims
• Dependency claims arising from fatal accidents.
• Lost years claims
We utilise our own industry standard ‘Frenkels Calculator’ to calculate multipliers and discounts, as well as split multipliers across variable future periods. The calculator has been developed by our expert forensic accountants with the benefit of their vast experience in loss of earnings claims and is particularly useful in complex cases or those that include variables in future earnings.
Personal Injury Specific Services
We offer a comprehensive forensic accountancy service to legal advisors acting for the full range of personal injury, including Claimant’s that are employed, self-employed, partners, company directors, business owners and consultants.
Damages calculations are often technical and complex. They require a thorough understanding of the legal heads of damage and the Court’s approach to them, alongside the ability to produce easily digestible calculations and Reports detailing a Claimant’s losses. Our years of experience providing litigation support to personal injury firms and clinical firms and acting as expert witnesses make us perfectly placed to assist in with calculating the quantum element of a claim.
Our expert forensic accountants are fully conversant with the Civil Procedure Rules and regularly prepare CPR compliant Reports for use at trial. We appreciate that these Reports can sometimes be required urgently and are skilled at preparing complex Reports to tight deadlines.
We understand that there are cases in which a fully CPR compliant Report may not be warranted or may not be sanctioned by the Court, but when forensic accountancy input is nevertheless required to understand the extent of a Claimant’s losses. To assist our clients in such cases, we are, therefore, pleased to offer a range of complimentary services in addition to our CPR reporting, including:
White Label Schedules
White label schedules are particularly popular with clients. They enable you to benefit from our extensive experience and expertise whilst keeping costs down. We present our calculations on a white label basis into which you can insert the relevant calculations with the peace of mind that the schedule been prepared by a skilled forensic accountant who specialises in this type of work.
As non-CPR compliant reports, desktop reports provide a convenient summary of the Claimant’s losses in a straightforward, cost-effective way. They can also assist with the review of a Claimant’s claim for the purpose of assisting with the Schedule of Loss or the Counter-Schedule.
White label schedules and desktop reports can be invaluable tools for solicitors seeking to understand the extent of their client’s damages claim and for use in mediations or joint settlement meetings.
We pride ourselves on our ability to find flexible solutions to our clients’ needs and will provide as much or as little assistance as you require to prove the assist with assessing a Claimant’s losses.
We offer a no-obligation fee estimate at the outset of all matters and will ensure your case is dealt with as efficiently and cost-effectively as possible.
Single Joint Expert
Our accountants are also approached to act as expert witnesses in personal injury matters and have provided evidence at Court under cross examination, on numerous occasions. We understand litigation procedures, are familiar with the legal duties of an expert witness and adhere to all relevant guidelines. Where the Court has directed the appointment of a Single Joint Expert, we are happy to act accordingly on behalf of all parties.
To find out more about how we can help, or for a no obligation call or fee estimate on one your cases, please contact us.