A no win no fee compensation claim means just what it says: if we don't win your personal injury claim we won't ask you to pay for our work.
for no obligation advice on making a claim.
No win no fee is a common term in the UK but can also be known as a 'Conditional Fee Agreement' or 'CFA'.
When you enter into such an arrangement with us, as long as you comply with the terms and conditions of the agreement (which you will readily be able to do), the agreement will protect you from financial risk in the event you lose your claim.
You will not have to pay for our legal work.
You will be awarded compensation from the opponent and we will charge a success fee for the work we've undertaken on your claim.
Previously this success fee would have been paid by the opponent, however since April 2013 a change in the law means this is no longer possible and is now payable by you.
The success fee is a percentage of the billable work we've undertaken on your claim and is paid via a deduction from the compensation you are awarded at the conclusion of your claim. While the amount can vary depending on the complexity of your claim, the amount you pay us can never be more than 25% of your compensation (damages) that you receive for pain, suffering, loss of amenity and past losses.
If suitable legal expense insurance is not in place you may be at risk of having to pay your opponent's costs and any expenses incurred on your behalf, such as court fees, expert reports etc. Insurance is available to protect you against such risks and the cost of this insurance must be paid at the conclusion of the claim if successful.
A first class personal injury service requires the involvement of various experts and evidence gathering which all needs to be handled by a highly experienced team of litigators and solicitors. Delivering this comprehensive legal service comes at a cost, so the financial risk of pursing any no win no fee personal injury claim can be great.
Therefore in all types of claim we carry out a risk assessment and the relevant Success Fee reflects the risks associated with pursuing your claim type. The risks to any claim include factors such as:-
Pursuing any compensation claim involves risk, however under our agreement for No Win No Fee compensation claims you are protected from adverse financial consequences in the event that your claim is unsuccessful. But more importantly you can be confident that you've got the best legal team available to secure you the maximum amount of compensation.
Complete an online claim enquiry and one of our team will contact you to assist, or you can call us free on 08000 93 00 94.
We're leading and innovative personal injury solicitors who handle a wide range of personal injury claims with nationwide coverage.