subject: Personal Injury And No Win No Fee In The Uk [print this page] No Win No Fee is acontingent fee (in the United States) or conditional fee (in England and Wales) where the lawyers services are only paid if your claim is successful. Initially when the case was won the lawyer would be paid by deducing a proportion from the compensation or by the claimant where a mounted fee would are approved beforehand.
On the first of April 2000, the Access to Justice Act 1999 (section twenty seven) amended the Courts and Legal Services Act 1990 to allow the lawyers fee to be deducted from the losing party.
To make it straightforward, if the lawyer you're working with operates on No Win No Fee basis you dont pay a penny whether you win or lose your case.
The benefit of No Win No Fee is that it guarantees the claimant that the lawyer would be giving all the desired attention to win the case since the service fee will solely be paid off the losing party solely if the case is successful. On the other hand one would possibly argue that solicitors wouldnt be fair in making the decision whether to represent the claimant or not. Since the service fee is only paid if the case is won, the lawyer might not handle the personal injury compensation claim if the case doesn't seem to be favourable.
Several law firms use lead management companies to qualify a claim before they take on the case. Claims management firms help claimants to nurture their case by helping them acquire necessary documents to form a personal injury claim, provided that the claims management company was ready to assist the client nurture their claim, they will pass on the case to the law firm where a lawyer will handle it.
There are many injury compensation claims management companies but it's necessary to make positive that the corporate is regulated by the Ministry of Justice. A qualified claims management company regulated by the ministry of justice will follow all the rules and laws to make sure they supply a sensible and truthful service to all or any who are wanting to form a claim.
Some law companies take the term "No Win No Fee" quite literal where they would charge you a service fee if you win the case, which means that you have got to either pay the solicitor or deduce the service fee from the compensation amount. Make positive to discuss the No Win No Fee basis together with your lawyer before you persue your claim.
