No Win No Fee Claims
What are No Win No Fee Claims?
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 claimshave 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 personal 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 no win no fee claim is successful the solicitors fees, along with a bonus or success fee, is paid by the losing party. Other costs incurred such as court fees and medical report costs are known as disbursements and can also normally be recovered from the losing party.
For further information on making a no win no fee personal injury claim, please click on the links below:
