If you have been injured in an accident you may be thinking about making a claim and how you’re going to be able to fund it. Many people who have been involved in an accident are entitled to claim compensation for any injury they have suffered but fear doing so because they feel there are hidden costs as well as the process being lengthy and complex. However, where you cannot get financial help, there is always the option of entering into a no win no fee agreement (also known as a Conditional Fee Agreement, CFA) with one of our specialist personal injury solicitors.
What is No Win No Fee*?
Legal aid for personal injury cases was abolished in England and Wales in 1995 and replaced by no win no fee* agreements. Since then, many people have gone on to make successful personal injury claims when initially they could not have afforded to due to financial risks.
No win no fee* is the term used to describe an agreement between you and your solicitor. It enables your solicitor to take on your personal injury case based on the understanding that you will not have pay anything if you lose your case. This is possible because your solicitor will be able to take out ‘After the Event Insurance’ which will cover the costs and expenses of the other party, and the fees and expenses of your solicitor too. Therefore, if you win your case you will receive maximum compensation. Only in exceptional circumstances or in medical negligence cases may there be costs applicable but your solicitor will be able to answer any concerns before the start of any claim.
If you are still unsure about if you can make a no win no fee claim, why not give one of our friendly advisers a call who will be able to give you as much information as you need. Alternatively, you can fill in our short online claim form and get a call back.