Multipliers and multiplicands—personal injury claims


Published by a ³ÉÈËÓ°Òô PI & Clinical Negligence expert
Practice notes

Multipliers and multiplicands—personal injury claims


Published by a ³ÉÈËÓ°Òô PI & Clinical Negligence expert

Practice notes
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STOP PRESS: The Lord Chancellor has announced that the discount rate will increase from minus 0.25% to positive 0.5% on 11 January 2025. This Practice Note will be updated with the new rate of positive 0.5% on 11 January 2025.

This Practice Note outlines the conventional method of converting ongoing losses to a single lump sum by multiplying an annual loss, assessed at the time of the settlement or court award, by a multiplier. This is the multiplier/multiplicand approach and is used in the vast majority of claims for future losses. The Practice Note also considers in further detail how the multiplicand is calculated and explains how the Ogden Tables are used to assess the appropriate multiplier to apply in a case.

NOTE: The 8th edition of the Ogden Tables (updated in August 2022) can be accessed here. See also Practice Note: The Ogden tables.

The conventional method of converting continuing losses to a single lump sum is to multiply an annual loss assessed at the time of the settlement or

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Jurisdiction(s):
United Kingdom
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Key definition:
Multiplier definition
What does Multiplier mean?

is the figure representing the number of future years by which the annual loss (‘t³ó±ð multiplicand’) is multiplied to reflect the period over which the loss is likely to be suffered.

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