A Detailed Account On No Win, No Fee Claims

People who have sustained an injury due to an accident are entitled to make a claim if they are a victim of someone else’s negligence. This idea is relatively straightforward, and everyone is aware of their legal rights. However, the high legal cost is usually a factor that keeps people from getting legal help. Most of the time, people do not take legal action even if they had zero involvement in the accident. The reason being the legal fee, which is a demotivator. To help people out in these situations, there is a no win, no fee arrangement where you are not accountable to pay your solicitor a penny if you lose. If they are successful and get you the rightful compensation, they take a small percentage of your compensation money to cover their legal cost.

What Is A No Win, No Fee Claim?

If you wish to make no win, no fee car accident claims, you must have sufficient knowledge before going forward with the legal proceedings. In the UK, you can find experienced lawyers who can take up your case on a no win, no fee basis. This means that you have financial security and do not have to pay your solicitor in case you suffer from a loss.

How Does A No Win, No Fee Claim Work?

Under this agreement, the claimant is only expected to pay the solicitor’s fee if the claim is decided in their favour. The agreed-upon costs are usually a percentage of the compensation awarded. The document setting out these details of the arrangement is called a Conditional Fee Agreement. It is a written agreement that legally binds you and your solicitor. To avoid any confusion, it is advisable to set the terms and percentage of payment with your solicitor before they begin with the legal proceedings. Discussing all the details before signing the agreement is essential to avoid any disputes in the future. Since April 2013, lawyers in the UK have been permitted to decide a percentage of the damages they will recover as their success fee. So this does not leave room for any dispute further down the road.

What Can You Expect From Your Solicitor?

When you are consulting with a solicitor for a no win, no fee claim, there are certain things that you can expect from your lawyer. When you contact a firm to discuss your case, the solicitor will first assess the situation and examine all the documents related to your case. They will go over all the details and agree to sign a no win, no fee agreement only if they are 100% sure of acing a victory. You do not have to worry about anything as your lawyers would be risking their time and legal expertise to win the case for you. A loss for you is a loss for them, as they will not get their fee in case they lose.

Once the solicitor decides to take your case, they will explain all the details of the claim to you. At this point, you must share all the details of the accident with your solicitor. 100% transparency plays a crucial role, and hiding anything from your lawyer might have adverse effects in the long run.

At Wallace Legal, we have a team of highly experienced lawyers who are fully skilled at no win, no fee claims. We are always happy to discuss your case with you and clear all the concerns and questions that you might have.

Things You Should Know About The Claim

As discussed above, if the claim is successful, a significant portion of the legal fees will be covered by the guilty party’s insurance company. Your contribution is just limited to the percentage that you agreed upon in the agreement. If the claim is unsuccessful, you will be expected to pay the amount you agreed upon in the agreement. Although you are not accountable to pay the solicitor’s fee, you will still have to pay the other costs that you agreed to pay, such as the other party’s solicitor, court fee, and other miscellaneous expenses. If you ever encounter a personal injury and seek expert legal advice, head over to Wallace Legal for the best legal assistance.