A no win, no fee compensation claim is essentially self explanatory, in that the client isn’t liable to pay their solicitor fees if the case isn’t won. Correspondingly, in the event the case is successful, you’ll get to keep every penny of the compensation you’re awarded; the losing party shall be responsible for the legal expenses, and your solicitors will also recover their ‘success fee’ from the opposing side.
Normally, clients pay an insurance charge once pursuing a no win, no fee claim, as although they would not be liable for their own solicitors expenses if they finish up losing the case, they would nevertheless need to pay the complete legal charges from the other side. Once more, if the case is successful, this premium insurance expense will be covered from the losing party. This is the reason so many companies will reassure their customers that not a penny from the money they’re awarded is going to be consumed in legal costs, since this is something which puts a lot of people off pursuing a claim.
As a result of the large number of organisations which are able to provide their customers a no win, no fee compensation claim, it really is worthy to search around before deciding on a specific firm. There is a tiny amount of background research you’ll be able to do, for example looking around their internet site, reading testimonials from previous clientele, in addition to getting a feel for the company. For everybody who is in any doubt, a reputable company will not hesitate to put you in touch with one of their previous clients in order to verify their dependability.
Organisations who provide a no win, no fee claim agreement could normally also provide free, confidential initial consultations, whereby they will evaluate your case and conclude whether they could go ahead with it. This first meeting should also be a chance for the client to get a feel for the company – if your gut feelings let you know that something isn’t quite right about them, you are under no obligation to carry on working with them from that point onwards.
Another way to measure the qualifications of an organization is to check out their degree of knowledge, their prior success rate, as well as how many specialist lawyers they’ve got working for them. If a firm has one lawyer who handles everything from whiplash injuries to fatal accidents, they’re almost certainly not going to be as adept as a firm that comes with lawyers in the midst of different areas of experience.
Individuals should still be cautious when approached by personal injury organisations, since there continue to be several firms who incorporate large obscure expenses and fees for activities such as risk assessments, and high-level insurance premiums – it is well worth doing the extra research on a firm to prevent being saddled with enormous legal expenses that weren’t made apparent to you initially.