The Basics of “No Win No Fee” Agreements

The Basics of No Win No Fee AgreementsThere has been a shift, in the last decade, as to how the general public can access legals services and the legal aid available from the state to fund this. Legal aid has seen tighter restrictions enforced, meaning many people simply couldn’t afford to employ a solicitor. This change in the availability of legal aid has seen a surge in directly marketed services described as ‘no win no fee’.

The official term for ‘no win no fee’ is a CAF, or Conditional Fee Arrangement. These came into effect in 1995.

For members of the public who believe they have a case to be heard, such as a personal injury claim, medical negligence claim or unfair dismissal, these ‘no win no fee’ arrangements allow these cases to be heard.

The basic agreement is simply as follows:

  • No money is required upfront.
  • Your no win no fee solicitor will only receive a fee if they win your case.

It is worth considering that a solicitor may take up to 25% of your compensation from a successful claim. You won’t owe any legal costs whatsoever, but you will still lose a percentage of what the court decides you’re owed under the ‘no win no fee’ agreement. It’s important to understand that this arrangement is far from being akin to a winning lottery ticket.

If you lose your case then you owe nothing – any costs incurred are the responsibility of your solicitor, who usually have insurance in place for this eventuality.

This process takes away your element of financial risk as a claimant. Your focus can be simply on whether you feel you have an entitlement to compensation, and if so you can contact a ‘no win no fee’ solicitor to enquire about taking on your case. ‘No win no fee’ has bridged the gap between justice and financial constraints of the general public.

With so many law professionals offering ‘no win no fee’ you can take your time and ensure you find a solicitor who specialises in your particular type of case.

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