We often hear of law firms offering a no win no fee service for injury claims, from TV ads to radio and across the internet, but what does it really mean?
How does no win no fee work?
Simply put, if a solicitor doesn’t win the case for you, you won’t pay any solicitor’s fees. The solicitor will take on the risk of the case.
With this in mind, however, it means that a no win no fee solicitor will only take on your case if they believe there is a high chance of winning. As part of their decision-making, they will undertake a detailed risk analysis to see if it is worth pursuing.
What is a Conditional Fee Agreement?
The official document which is signed when agreeing to go ahead with a no win no fee claim is a Conditional Fee Agreement (CFA).
In the CFA, specific details will be given, including the fact that you will only pay legal fees when the case is closed. In addition to this, your claim must have been successful and you must have received the compensation before payment is taken.
The small print can vary between solicitors. Some may take a fixed fee upon completion of a successful claim, whereas others may take a percentage of the compensation. All of this will be agreed upon before beginning to pursue the claim, so there is a mutual understanding from the outset.
The majority of the legal costs will be recovered by the party responsible for your injury, but it is worth checking a breakdown of the costs and that everything is fair.
Finding a no win no fee personal injury solicitor
With a highly saturated market, it can feel overwhelming when trying to find a solicitor that you can trust. Our best advice would be to look at reviews so that you can see feedback from real clients.
Our Personal Injury team has received lots of great client feedback on Review Solicitors, and as a business, we are ranked number one in Manchester.
If you do have a claim that you would like us to look into for you, you can give us some further information on the form here and the team will be in touch. Alternatively, give us a call on 0161 969 3131.