No Win No Fee Agreements - How Do They Work?
Since the abandonment in 2000 of legal aid in order to fund cases for personal injury or accident compensation, the term 'no win no fee' has become a commonly used legal expression, and has often become an absolutely essential part of building a successful case in many personal injury and medical negligence claims. In light of the emergence of 'no win no fee' cases, how does this work for a client and solicitor?
'No Win No Fee' agreements (also known as Conditional Fee agreements) have been celebrated for giving 'access to justice' for those with financial problems in England and Wales. A client seeking fair compensation for their injuries will not be presented with a large legal bill and future financial problems. Under a 'no win no fee' contract, a solicitor is simply not paid if a case is lost through no fault of the client. If the compensation claim is successful, however, the solicitor will charge an extra 'success' payment as a reward for the risks of acting on a 'no win no fee' bais. If the compensation claim has a successful outcome, the winning legal team will recover their costs from the other side (including any success fee).
Over the years 'no win no fee' cases have helped people who might not otherwise have been able to make a claim for compensation. Although costs can arise during the life of the case, a good, experienced 'no win no fee' solicitor can advise the client of the different ways of paying these, including taking out 'after the event' insurance which can also cover legal costs of an opponent should you lose the case. With large numbers of people looking for compensation through a 'no win no fee' claim, the law now offers the chance of a fair end to a painful, distressing time for people who have suffered either an accident or medical negligence.
It is thought that about 2.5 million people in England and Wales suffer accidental injuries each year. If, during the last three years, you have suffered such an accident or injury which was not your fault, you should consider contacting an experienced no win no fee solicitor to see if you have a viable claim for personal injury compensation.
For expert legal advice on accident compensation and medical negligence claims, contact a No Win No Fee Solicitor experienced in advising on No Win No Fee claims.
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