NO WIN NO FEE COMPENSATION CLAIM
There are a number of different teqniques that solicitors use to finance compensation claims. In the past the usual method was by the client privately funding the claim and paying sums on account of legal costs and expenses as the claim proceeded in the hope that the case would be won and those costs could be claimed back from the losing side. If the clients claim was lost then so too were the legal costs which were often a substantial loss to the client. There was also the possibility of pursuing a claim using Legal Aid however only a minority of people, mainly those who were in receipt of Social Security payments, could qualify. In 1998 legal aid for accident compensation claims was withdrawn and replaced by the Conditional Fee Agreement commonly known as the no win no fee compensation claim scheme which has now also almost totally displaced the private funding of claims.
SOLICITORS HELPLINE 0845 890 4092
Win or Lose - No Charge
The no win no fee compensation claim scheme came fully into effect in 1998 and a solicitor acting in an accident claim is only entitled to be paid his legal fees if he wins the case and payment is then made by the losers or their insurance company, effectively leaving the amount of damages received in tact and available for payment to the client in full. Not all solicitors pay compensation in full and some solicitors no win no fee agreements allow for a percentage to be retained by the solicitor. Furthermore not all solicitors will pay for disbursements as the case proceeds thereby leaving the client, who must pay for them, at risk of losing these sums in the event that the case is lost. Our solicitors pay for all expenses as the case proceeds and do not ask for any financial contribution from the client. All compensation received is paid in full with absolutely no deductions. Win or lose there is no charge.
SOLICITORS HELPLINE 0845 890 4092
No Expenses or Insurance to Pay
There is however one area of risk that applies to all litigated cases, including a no win no fee compensation claim, that needs careful consideration. In the event of a loss, after the issue of court proceedings, the loser is usually ordered to pay the winner's legal costs and disbursements which can be a very substantial sum. Almost all litigated claims therefore require insurance to cover against the possibility of losing and a subsequent costs order. Our solicitors finance this policy of insurance themselves and do not expect the client to pay or contribute to the costs. This insurance policy is only required if it becomes necessary to issue proceedings in a court of law which only occurs in a very small percentage of cases. If you instruct our solicitors to pursue a no win no fee compensation claim you can rest assured that it is completely risk free and that you will receive the full amount of any compensation that is agreed by the insurance company or is awarded by the court. Win or lose there is no charge.
SOLICITORS HELPLINE 0845 890 4092
Legal Expenses Insurance
If you have Legal Expenses Insurance which is insurance cover that is usually attached to a home contents policy or motor insurance policy, you may be able to ask your insurer to finance your compensation claim without needing to enter into a no win no fee agreement with your solicitor.
SOLICITORS HELPLINE 0845 890 4092
Trade Unions
Some Trade Unions offer private legal aid for their members and will often have a retained solicitor who will give free advice. Enquiries should be made directly to a union representative. Most Trade Unions now insist that their members take advantage of the no win no fee scheme rather than providing private finance.
SOLICITORS HELPLINE 0845 890 4092
Specialist Personal Injury Solicitors
Our lawyers deal with no win no fee compensation claims on a risk free basis. Damages awards are paid in full. Win or lose there is no charge. Do yourself justice and use the helpline or complete the contact form to speak to a specialist personal injury solicitor with no charge and with no further obligation.
HELPLINE 0845 890 4092
In the case of CICA claims terms will vary and in the case of MIB claims terms may vary.