How Do No Win No Fee Personal Injury Claims Work?
20 September 2018
No Win No Fee Personal Injury Claims mean that you aren't liable to pay any of the legal fees yourself. If your claim is unsuccessful the Solicitor will not charge you and if it is successful then the legal costs will be recovered through a combination of the other side paying and a success fee deduction.
At Co-op Legal Services most Personal Injury and Medical Negligence claims can be dealt with on a No Win No Fee basis.
How Does No Win No Fee Work?
A No Win No Fee Agreement is also known as a Conditional Fee Agreement. This means that a success fee is only payable on condition that your Personal Injury claim is successful.
When you make a Personal Injury claim on a No Win No Fee basis, there are no solicitors' fees for you to pay upfront and no financial liability on you. If your claim isn't successful then you'll not be liable to pay anything at all. If your claim is successful then the legal fees will be a set percentage of a certain proportion of the compensation that is awarded from the other side or the Court.
Your Solicitor will be able to advise you as to whether your claim can be dealt with in this way. If the Solicitor puts a No Win No Fee Agreement in place with you and they then fail to win your case, then you won't have to pay a penny for the work they have done. The Personal Injury Solicitor essentially takes on the risk of the claim for you.
At Co-op Legal Services we limit our success fee deduction to 20%, whereas the vast majority of other personal injury solicitors will deduct up to 25%.
What Type of Claims Can Be Dealt With as No Win No Fee?
At Co-op Legal Services, we can take on most Personal Injury Claims on a No Win No Fee basis. These include:
- Road Accident Claims
- Work Accident Claims
- Public Liability Claims
- Occupiers Liability Claims
- Serious Injury Claims
- Slip, Trip and Fall Claims
- Head / Brain Injury Claims
- Fatal Accidents
- Medical Negligence Claims
- Product Liability Claims
Speak to a member of the team who will be able to advise whether your claim can be dealt with on a No Win No Fee basis.
Benefits of No Win No Fee Personal Injury Claims
An injury can have a significant impact on your life and the lives of those around you. You could find yourself unable to work or unable to continue in the line of work that you were previously doing. You might require extensive, costly medical treatment and rehabilitation. You may need to make adaptations to your home or car in order to continue living independently, and you could find that your overall quality of life has been permanently diminished as a result of your injury.
If you have been injured in an accident that wasn't your fault, then you are legally entitled to claim compensation for the financial and other losses that you have sustained. While most people are aware of their legal rights when it comes to making a Personal Injury Claim for compensation, many are deterred by the risk of racking up a significant legal bill on top of the other costs they have already incurred.
This is where No Win No Fee claims come in. This option was introduced to give people the financial security of making a Personal Injury claim without bearing any up front financial risk.
How Much Do No Win No Fee Personal Injury Solicitors Charge?
Different Solicitors will, of course, charge different fees. However, this is likely to be a percentage of the compensation that has been awarded from the other side, and the fee will be deducted directly from that compensation before it is paid to you.
Details of the success fee that will be charged by the Solicitor will be set out in the Conditional Fee Agreement, so it's essential that you read this document carefully before signing. If you're unsure of anything then don't be afraid to ask questions. You can also compare fees of more than one Solicitor to ensure that you're getting the best deal. Just be sure to research the Solicitor first, check reviews and confirm what is included in the fee, so that you know you're instructing the Solicitor that's right for you.