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 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 personal injury and clinical negligence legal services door to millions of people across the United Kingdom. The claimant was now able to pay their legal costs usually with their compensation received! If for some reason the case were unsuccessful then 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% 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 from your claim?
When you call up our team they’ll first ask you about your claim and gather all the details in as stronger detail as possible. This will be processed and then based on the details given they’ll get back to you on whether they’re going to progress the claim or not. Bearing in mind we’ll only accept claims we’re confident in 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 would cover you if the claim wasn’t successful.
A few things to remember:
Published on 30th September 2016.