No Win, No Fee Accident Claims: All You Need To Know!
Everyone’s seen the adverts for ‘no win, no fee’ and probably thought, well how do these companies make money? No win, no fee was introduced as a way to help people get legal advice and services that they’re entitled to and give them a fair chance at compensation if they’d been injured and it wasn’t their fault. Previously, legal costs were pretty scary and deterred a lot of people; it was just totally unaffordable for the average working man or woman!
No win, no fee was a radical and exciting idea in the 90s that opened up the door to personal injury and clinical negligence legal services for millions of people across the United Kingdom. The claimant was now able to pay their legal costs with their compensation! If for some reason, the case were unsuccessful, the claimant wouldn’t have to pay their solicitors fees. Sounds like risky business for the solicitors right? Well, if you have the right team of solicitors like here at Jefferies Solicitors it doesn’t have to be. Our team of expert solicitors can funnel down cases they believe to be successful or not before making the claim and reducing the costs that may be incurred on our behalf.
Claimants used to be able to receive full 100% of their compensation, however, new government legislation now meant solicitors will have to charge up to 25% of the claimant’s compensation. Normally this isn’t the case and the fee is only a small fraction of the compensation awarded.
What can you expect for your claim?
When you call up our team they’ll first ask you about your claim and gather all the details in as much detail as possible. They will then assess the potential your claim using the detail you’ve given and let you know whether they’re going to progress the claim or not. We only accept claims we’re confident that will be successful. If we do decide to accept your claim we’ll discuss details of a CFA (conditional fee agreement) with you. You may be asked also to take out an insurance policy that will cover you in the unlikely event that your claim wasn’t successful.
A few things to remember:
- If you’ve had an accident that wasn’t your fault in the last 3 years you are entitled to claim compensation
- You will have to pay a small fee at the end of claim if you are successful.
- If for some reason the case is lost, you will not pay anything, we will bear the costs of claiming
- All advice you receive will be completely impartial and costs nothing.
Published on 30th September 2015.