No win no fee solicitors have represented a viable and beneficial opportunity for those with a litigation case to claim what they believe they are owed. The no win no fee service has become an especially popular model with those individuals looking to contest personal injury claims of all sorts. Such personal injury claimants can include those that have been injured in a car accident or road accident as well as those that have slipped, tripped, or fallen. However, no win no fee is used in other instances too.
What Is No Win No Fee
No win no fee, as the name suggests, is a service which means that the individual does not pay a fee unless their solicitor is successful in winning their case. The fee is typically taken out of the winning compensation and the claimant does not have to risk any of their own money using a service like this.
Case Confidence
Solicitors that offer this type of service will usually only be willing to take on those cases that they are confident of winning or that have a potentially high enough pay out to take a calculated risk on that case. It is obviously in the best interest of the solicitor and their company to win the case; otherwise they will have provided their service without recompense.
If You Lose
You should be aware that if your solicitor does lose the case while they are not permitted to claim a legal fee for their work from you, according to the terms of a sound legal contract, they are allowed to claim any reasonable expenses that they faced. If they had to pay a fee to collect your medical records or to complete any legal search then you may be expect to pay this. Your solicitor may arrange for After the Eventâ insurance to cover the cost of paying the other party’s legal fees and disbursements.
No Win No Fee Services
A successful claims with a reliable no win no fee solicitor can enable you to contest a compensation claim that you would not have otherwise had the money to contest. This means that you could claim back thousands of pounds of money that you are entitled to without having to risk any of your own money.
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Written by Jon the Saver
