1 EXHIBIT 5 Opinion and consent of Brobeck, Phleger & Harrison LLP November 14, 1996 CorVel Corporation 1920 Main Street, Suite 1090 Irvine, CA 92614 Re: CorVel Corporation (the "Company") Registration Statement for an increase of 200,000 Shares of Common Stock Ladies and Gentlemen: We refer to your registration on Form S-8 (the "Registration Statement") under the Securities Act of 1933, as amended, of the additional 200,000 shares of Common Stock available for issuance under the Company's Restated 1988 Executive Stock Option Plan, as amended. We advise you that, in our opinion, when such shares have been issued and sold pursuant to the applicable provisions of the Company's Restated 1988 Executive Stock Option Plan and in accordance with the Registration Statement, such shares will be validly issued, fully paid and nonassessable shares of the Company's Common Stock. We hereby consent to the filing of this opinion as an exhibit to the Registration Statement. Very truly yours, /s/ Brobeck, Phleger & Harrison LLP BROBECK, PHLEGER & HARRISON LLP