It is an understanding agreement between a solicitor and client which shows that client will only pay when there is a Winning situation and their claim is a success. Here the risk factor falls more on the solicitor than the client who feels secure and safe in any case. This feature compensates the risk ratio in the event of claim and client can seek all sorts of help and discuss their happenings freely with the solicitor. In UK an agreement, CFA is signed that assures advocacy and proof of litigation. In CFA agreement the charges of the solicitor depend upon the outcome and result of the case.
Advantages of No Win No Fee Accident Claims
Victims of accidents or any kind of personal injuries can get a significant advantage by filing a claim without the fear of expense or any losses.
It is a way to help victims who does not have funds to claim.
The solicitor holds all the risk.
When your solicitor agrees to support on No Win No Fee basis, this assures a solid outcome and thereby it becomes less distressing for the claimant. He/she is confident about the claim process and trusts the solicitor for all the expenses.
How a solicitor gets paid if a ‘no win no fee’ case is successful?
If your solicitor is successful in winning the claim process, you are entitled to receive 100% of the awarded compensation, Now, out of that compensation amount received you can pay your solicitor fees and cost as agreed upon which usually is capped at 36% (inclusive of VAT). So, it’s in the best interest of the solicitor to fight for the highest amount possible. At Housing Disrepair Team our panel of solicitors will only take a case on if it has more than 50 % chance of winning.
It is important that all essential points of agreement are written down as proof in writing before the trial and the objective is clear at both ends without the risk of losing.
Housing Disrepair can always help you find some of the best solicitors in the UK whom you can trust for the complete process and they can guide you the best with your claim. At Housing Disrepair, our solicitors work on ‘no win, no fee’ basis. In the UK we have the best expert solicitors aligned with us that help the claimant make their free will choice.
*The solicitor we recommend will charge you a fee of 36% (inclusive of VAT) off your compensation. The solicitor may charge a termination fee if you cancel your agreement with them after the cancellation period, please read their Terms and conditions for more information.*