25Obligation of Australian legal practitioners to provide advice

25 Obligation of Australian legal practitioners to provide advice

25 Obligation of Australian legal practitioners to provide advice

An Australian legal practitioner must advise, in writing, a plaintiff who proposes to negotiate a settlement of a claim for personal injury damages about the following—

(a) the availability of structured settlements,

(b) the desirability of the plaintiff obtaining independent financial advice about structured settlements and lump sum settlements of the claim.

s 25: Ins 2002 No 92, Sch 1 [4]. Am 2005 No 98, Sch 3.8 [2].