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WORKERS' COMPENSATION AND REHABILITATION ACT 2003 - SECT 306T Obligation of legal practitioners to provide advice

WORKERS' COMPENSATION AND REHABILITATION ACT 2003 - SECT 306T

Obligation of legal practitioners to provide advice

306T Obligation of legal practitioners to provide advice

A lawyer engaged by the worker must advise the worker, in writing, about the following if the worker proposes to negotiate a settlement of a claim for damages

(a) the availability of structured settlements;
(b) the desirability of the worker obtaining independent financial advice about structured settlements and lump sum settlements of the claim.