What does no win no fee mean?
Most personal injury solicitors throughout the UK can now deal with personal injury compensation claims on a no win no fee basis. No win no fee agreements are also known as conditional fee agreements. No win no fee means that if you do not win your personal injury claim, you do not have to pay your solicitors fee.
No win no fee claims have become increasingly common over the past few years since the Government restricted public access to Legal Aid for the majority of accident claims. With a no win no fee claim your potential compensation claim will initially be assessed by a solicitor. During the initial assessment the injury solicitor will make an assessment as to the likelihood of the claim being successful.
If the personal injury solicitor thinks your claim is unlikely to be successful, they will not be prepared to take the claim on a no win no fee basis. This is because with a no win no fee claim the solicitor only gets paid if the accident claim is successful. If the solicitor takes the claim on a no win no fee basis and fails to win, as the name suggests they do not receive a fee.
If a claim is successful on a no win no fee basis, your compensation is paid by the losing party. Changes to the law in April 2013 mean your injury lawyers now take their success fee out of any compensation awarded, rather than receiving it from the other side. The maximum amount that can be taken is 25% of your compensation, however, payouts have increased by around 10% to help offset these changes.
Start your no win no fee claim now
Our panel of personal injury solicitors all work on a no win, no fee basis. Therefore whether you have had a road traffic accident, an accident at work or a trip on a public footpath, our team of no win no fee solicitors can help you make a personal injury claim. Call us today or submit our online claim form to get free, no obligation advice on your claim.