subject: Weigh Your Options Before Consulting A No Win No Fee Solicitor For Your Compensation Claim [print this page] In the United Kingdom, the provision of the no win no fee system was introduced in order to make the legal system much more available to everyone starting from the richest to the poorest. As time passed by, the constitution underwent changes and amendments, leading to the inclusion of practically all kinds of personal injury cases within the scope of the no win no payment system. As a result, the number of cases involving claims for compensation escalated rapidly. This means that today, there is the possibility of filing every kind of personal injury compensation case under this system, be it a medical negligence claim or a traffic accident compensation claim.
Better Odds
Filing a claims case under the no win no fee system automatically increases the chances of winning the compensation. This obviously happens because most solicitors who take up cases under this system automatically begin to work harder on the case. This is because there is a lot involved in such a case, and not only from the financial aspect. This means that the reputation of the concerned solicitor is also at stake, since losing a compensation claim is sure to mark a dark spot on the career and goodwill of the lawyer. On the other hand, only the most experienced and well reputed of solicitors take up such cases. The reason behind this is also pretty obvious. Only these solicitors can afford to lose a case, financially of course; moreover, only they are the ones who can guarantee maximum success in gaining the compensation.
Money Matters
Since there is a lot of money at stake in fighting such cases, the no win no fee solicitors automatically become much more earnest in their endeavour. Moreover, they are also likely to be the most transparent about their policies, so as to ensure that there is no problem whatsoever after the case is completed.
Maximum Profits
The client stands to gain a lot from such an arrangement. For instance, if someone is filing slip or trip claims, then they can do so by engaging a no win no payment solicitor, and also strike a 100% compensation bargain with the lawyer. This will ensure that the compensation amount will include all the expenses, meaning that the client will not even have to pay up the additional costs that are paid by the lawyer during the trial, but must be compensated later on. All the costs will be borne by the respondent.
Getting a Lawyer
However, like everything else, there are downsides to the situation too. Fits of all, it might prove difficult to find a lawyer willing to take up your road traffic accident claim unless the premise is extremely promising, thanks to the high stakes involved. Secondly, the high financial interest on the part of the solicitor might prompt him or her to take over complete authority, and you might not get the best out of the deal.
Money Woes
In case you are not able to strike a 100% compensation bargain with the solicitor of your choice, you might end up paying more than you expected, and with very little of your compensation actually left with you after paying for the additional expenses and fees.
