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. No longer would a client looking for fair compensation for their injuries be faced with a bulky legal bill and a future of financial concerns. With 'No Win No Fee' arrangements, if the case is lost and it is not the client's fault, the solicitor will not be paid. 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 a compensation claim is successful, the victorious legal team can claim their costs from the losing side (including the 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 estimated that approximately 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.
Is it possible to claim for compensation after an accident or medical carelessness without paying anything to your solicitor ? Yes, with No Win No Fee agreement, which is also known as conditional fee agreement, enables to claim for the compensation for free. You are only liable to pay your solicitor's fees if you win the compensation. However, if you do not win the case, where you are not at fault, you are exempted from paying the solicitor's fees. Your solicitor is ready to take the risk and claims for compensation on your behalf. The fees charged by your solicitor, that is, his basic fees and success fee, an extra amount that is charged by your solicitor to take the risk of not winning the case, is paid by your opponent. Thus, you don't have to pay any fees to your solicitor for claiming your compensation amount.It is indeed a traumatic experience if you meet a severe accident. Thus, you should always claim compensation so that you get financial help . The amount of money you deserve may help you soothe your financial problems. So, contact an experienced no win no fee solicitor as soon as you meet an accident, who helps to considerably improve the chances of winning the compensation amount.
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