Periodic Payments for catastrophic injuries *

Cosgrove Gaynard Solicitors

Pressure is continually increasing for the introduction of legislation to provide for periodic payments in claims involving catastrophic injuries. A working group was set up in 2010 to review this area of law and it reported unanimously in 2010 that legislation was required to allow cases to be settled by way of periodic payments for such catastrophic injuries.

Pressure is continually increasing for the introduction of legislation to provide for periodic payments in claims involving  catastrophic injuries*. A working group was set up in 2010 to review this area of law and it reported unanimously in 2010 that legislation was required to allow cases to be settled by way of periodic payments for such catastrophic injuries.

Pending this reform, it is clear from the latest catastrophic injuries claims that have come before the High Court recently that the courts are anticipating the introduction of legislation for periodic payments.  The court has awarded lump sum interim payments with cases being adjourned for 18 months / 2 years to allow for this legislation to be introduced.

Currently, compensation is made by way of a lump sum which includes all future and past losses.  This lump sum is increasingly hard to determine and in some cases can result in an injustice as one is taking a risk regarding the cost of future care, life expectancy of the plaintiff, returns on investments etc. The issue is that this lump sum payment may not be sufficient to cover the overall care requirements of the plaintiff especially if life expectancy is underestimated. Likewise if life expectancy is overestimated, this could result in the plaintiffs family inheriting a large lump sum. By comparison, if periodic payments were introduced these risks would be minimised.

A critical issue in introducing periodic payments is the provision of an appropriate index to guard against inflation costs for future care.  In the UK for example, the Courts have measured inflation costs for future care against inflation in carers wages as opposed to a consumer price index.

Minister Shatter has confirmed that the drafting of the Civil Liability (Amendment) Bill will commence shortly to deal with this area. Cosgrove Gaynard Solicitors will keep you informed or any updates regarding this proposed legislation.

* In contentious business, a solicitor may not calculate fees or other charges as a percentage or proportion of any award or settlement. This statement is made in compliance with Reg.8 of SI 518 of 2002.

All news
How to Bring a Personal Injury Claim in Ireland: Your Complete Guide

If you’ve been injured in an accident and are considering making a personal injury claim in Ireland, contact Cosgrove Gaynard Solicitors today for a confidential, no-obligation consultation. Learn how to bring a personal injury claim in Ireland. Step-by-step guide from experienced solicitors. No win, no fee options. Contact us today.

Text Link
Trusted Solicitors in Dublin

If you're searching for a solicitor in Dublin you can trust, Cosgrove Gaynard Solicitors offers expert legal services with a reputation for delivering clear advice, strong representation, and client-focused results. Based in the heart of Dublin, our firm provides high-quality legal services across a wide range of areas for individuals and businesses alike.

Text Link
CASP Registrations Ireland – Expert Legal Support for Virtual Asset Service Providers

Are you a Virtual Asset Service Provider (VASP) in Ireland? Navigating the CASP registration process with the Central Bank of Ireland can be complex. Our specialist solicitors are here to simplify the process and ensure your business is fully compliant.

Text Link
Property Solicitor Ireland – Trusted Legal Expertise with Cosgrove Gaynard Solicitors

Are you buying or selling property in Ireland? Whether you're a first-time buyer, a seasoned investor, or navigating a complex property dispute, Cosgrove Gaynard Solicitors offers the trusted legal guidance you need. As a top-rated property solicitor in Ireland, we provide comprehensive and client-focused property law services tailored to your needs.

Text Link
Trusted Solicitor in Dublin – Expert Legal Services for Every Need

Looking for a reliable solicitor in Dublin? Whether you're facing a legal dispute, buying a property, or need professional advice, having an experienced Dublin-based solicitor on your side is essential. At Cosgrove Gaynard Solicitors, we offer comprehensive legal services tailored to individuals, families, and businesses across Ireland’s capital.

Text Link
Buying Property in Ireland in 2025: What You Need to Know - 10 Step guide to buying a property in Ireland

Purchasing property in Ireland remains a significant milestone, whether you're a first-time buyer, upgrading your home, or investing in real estate. As we progress through 2025, understanding the current landscape is crucial to navigating the process effectively.

Text Link