Well, not sure what Narayanan KR implies but I think I have found a solution to this that makes use of mainstream classical physics, and most specifically Newton's 3rd Law of action and reaction:
So to an electron with drift velocity ##v_e## and charge ##q_e##there are being apllied two forces : The force from the electric field of hall voltage, ##F_{E_h}## and the force from the magnetic field ##F_B=(v_e \times B)q_e ## and it is ##F_{E_h}+F_B=0## (1).
Now here comes the interesting part, according to the Newton's 3rd law, the electron applies a force ##-F_{E_h}## (2) to the surface charges of the conductor that create the hall voltage and the associated electric field. The force from a single electron will be negligible, but there is huge number of electrons that make up the current, and if we do the math and due to (1) and (2) we ll find that the total reaction force that the stream of electrons applies to the surface charges equals the laplace force.
(Ofcourse there is also the reaction force that the stream of electrons applies to the source of the magnetic field and it will be -Laplace force)
So what do you think of this explanation?
I guess the force that the electron stream applies to the surface charges is an internal force, thus cannot change the momentum/angular momentum of the conductor , for that is responsible the force from the magnetic field, however internal forces make the work here and are responsible for the change in kinetic energy. The Laplace force it is just another example of an external force that doesn't do work (cause magnetic field cannot do work on matter according to many threads in this forums) but is responsible for the change in momentum. (Friction is another example of such force, many threads in this forum on how friction doesn't do work on rotating wheels of a car, though it is responsible for the change in momentum).