NO WIN NO FEE* EXPLAINED
When you require the assistance of an expert solicitor it is natural to have concerns about how much this service is going to cost you; you may already be in a vulnerable position and the last thing you need is for things to get worse before they get better. This is where the no win no fee* agreement comes in. This agreement means that you pay nothing up front for the services of the solicitor, and even if the worst does happen and your case is not successful, you will not be left with fees for a service that got you nowhere.
How does it Work?
The no win no fee* system works to make sure that whatever the outcome of your case, you will never be left in a worse position than you started, while also ensuring that your solicitor receives payment for their expert services. There are two possible outcomes to a no win no fee* agreement, depending on whether your case is successful or not.
If your case is successful, then your solicitor will attempt to get you at least 75% of the compensation for your injuries, and will also attempt to recover some of their fees from the other side (since they were the ones at fault). In most cases, where the solicitors are unable to recover their entire fee from the other side, they will take a small portion of your compensation as well or instead, but this will be subject to a maximum limit agreed upon before the case begins. You will then be left with all or most of your compensation without having to then pay for solicitor’s fees.
*There will be two scenarios where your solicitor may charge you for their costs:
- if you have been found to be making a fraudulent claim
- Non-cooperation by you, which jeopardises the outcome of your claim