What does ‘no win no fee’ mean?
Otherwise known as a conditional fee arrangement, ‘no win no fee’ means that if we don’t win your case for you, you won’t have to pay a penny for the legal fees you would usually have to pay.
When it comes to no win no fee, you and your solicitor will agree that you will only have to pay your solicitor’s fees only if you win your case.
And not only this, but if you win your case, you will receive 100 per cent of the compensation sum awarded, and your legal costs of the claim will be recovered from the other side. With a no win no fee arrangement, the claimant simply can’t lose.
Whatever agreement you enter into with your solicitor, they will go through the terms with you and ensure that you understand everything before you begin the claims process.
Your solicitor may also purchase an after-the-event insurance policy on your behalf to cover any future expenditure related to your injury, such as the cost of obtaining medical reports, travel expenses etc., in the event that you were to lose your claim.
Who pays the injury solicitor’s costs?
The general rule is that if you win your case, the legal costs of your claim will usually be recovered by the negligent party, in addition to the agreed compensation for your injuries; the losing party’s costs will normally include:
- Your solicitor’s normal fees
- What’s known as your solicitor’s ‘success fee’
- Your expenses
- The after-the-event insurance premium your solicitor may have taken out on your behalf.
If you feel that you have reason to make a claim, call today for a no-obligation consultation, and you could qualify for a no win no fee compensation claim.