No Win No Fee Claims

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No Win No Fee Claims What you should know about no win no fee claims ! !

Unless you have had your head buried in the sand for the last 10 years or so, you will be aware of the explosion of no win no fee claims and the adverts that are all over the airwaves.

To help inform you or your family members that may have had an accident or suffered an injury that was no fault of your own, we have put together a compilation of information to help you understand what is involved in making a no win no fee claim and exactly what the procedure is to make a no win no fee claim.

So What are no win no fee claims ?

No win no fee claims as they are commonly known, are actually conditional fee agreements. They were introduced in 2000 after legal aid for personal injury claims was abolished. A no win no fee claims basically means that if a claimant does not win a case "no win" they are not obliged to pay "no fee".

Who Pays the Fees for No Win No Fee Claims ?

A solicitor takes on the case on the basis that if it is not successful he will not be paid for his work. The upshot for the solicitor is the if the case is won he/she are able to claim all expenses plus an extra "success fee".

Who Pays Out the Compensation for No Win No Fee Claims ?

If no win no fee claims are successful then either the court or the losing party insurers pay the compensation.

Are There Any Costs For the Claimant ?

With almost all no win no fee claims, there is no cost payable by the claimant, win or lose. The claimant will receive 100% of the compensation paid. However it is always advisable to check with the solicitor as some firms may have hidden charges.

How to Make No Win No Fee Claims.

1- No win no fee claims should be made within 3 years to be eligible. There are some exceptions such as claims for asbestos exposure claims.

2- It is advisable to make no win no fee claims as early as possible, as prompt payment may help with any losses such as time off work etc.

3- Write down details such as time and date of the accident, where it occurred, and witness names as soon as possible. These will be the basis of your case.

4- Always obtain expert advice before making any settlement. You could be entitled to a lot more than you are being offered.

5- Use a specialist solicitor for no win no fee claims. They have a lot more knowledge of the procedures involved in no win no fee claims.
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