subject: No Win No Fee Accident Claims Compensation Explained [print this page] Are you afraid to claim your legal help even if you suffered a personal injury that was not your fault? Most people are. They are afraid because they know that the legal system works in a manner not generally understandable by them, they are afraid because they know it costs much, they are afraid because if they appoint legal help and they lose the case nonetheless, they end up with sufficient lots of money.
For all the people in the above situation, here goes the most beneficial scheme that is most likely to cost you nothing, whether they lose or win. They have to pay a single penny to get 100% accident claim compensation. Interested? Read on.
The No Win No Pay system
No win no pay system or conditional fee arrangement (CFA), as it is called legally, entitles that a lawyer who will represent the claimant legally will not claim any payment if the claimant loses the case i.e. if he or she doesnt get a compensation they asked for. This system, introduced in 1998 in UK for the safely of the clients against advanced court orders, has the benefit of not costing anything from the claimant if they lose.
Even if the claimant wins, he or she does not have to pay anything in most cases as the fee that the solicitor would be entitled to at that time, is claimable to the opposition. To put it simply, the opponent party will pay your lawyer if you succeed and if you dont you dont have to pay your lawyer anything! It is a typical win-win situation for the client.
Some insights
In case the no win no pay accident claim company you signed an agreement with needs to contact any person or organisation or go through any procedure in order to investigate and evaluate your case, you may have to pay for it. Also it is important to understand how the no win no fee medical negligence system works. If a solicitor is agreed to take a case on no win no fee basis, he or she is working at a risk.
Every time they take a case of this genre, they are risking their time because if the case is lost, the solicitor is not entitled to any money whether by the claimant or the opponent. However, if they do win, they are entitled to charge the opposition of the claimant for a success fee beyond their normal fees, although according to the British laws, success fee must be lower than 100% of their normal fee.
It is advisable to the claimant to find a solicitor firm that provides honest, hardworking, specialized and experienced no win no fee solicitors as soon as possible after the accident.
