What is No Win No Fee?
If you have been injured in an accident that wasn’t your fault, and are looking to make a claim but have concern about the cost of specialist legal guidance, we can help. We offer most of our services on a no win, no fee basis, so you can pursue the compensation you are rightfully entitled to, without fear of financial difficulty. To discuss how Friends Legal Cardiff might help you get your life back on track with a personal injury settlement, contact us today.
What is a no win, no fee agreement?
No win, no fee agreements are becoming particularly common and the chances are that you would have seen several advertisements for services in Cardiff offering ‘no win, no fee’ arrangements. Although ‘no win no fee’ arrangements can be used in all types of litigation, they are most commonly used for personal injury claims. Therefore, in the event that you have an injury and are considering what legal options are available to you and whether or not you are entitled to compensation, you should speak to a solicitor** in Cardiff who will explain how a no win, no fee arrangement works and whether or not it is suitable to your situation.
To summarise briefly, under a no win, no fee arrangement you do not need to pay any legal fees in the event of an unsuccessful claim. This means that in the event that you are not paid any compensation, the solicitor** will not receive a fee for the services that they have carried out. However, if you are awarded compensation as a result of your claim arising out of any injury suffered, the solicitor** will be entitled to a fee plus a success fee. This success fee is calculated by looking at the risk involved in the particular case. For this reason, you may well be asked for a lot of information about your potential claim. Such information will include specifics of the injury, information about any medical reports, a discussion on any witnesses and a detailed discussion about who was to blame.
In order to determine whether or not a particular claim can progress on a no win, no fee basis, a solicitor in Cardiff will ask a number of questions to determine the strengths and weaknesses of the case. After this initial assessment, you will be presented with a conditional fee agreement (which is the type of agreement commonly referred to as a no win, no fee agreement). It is important to remember that the conditional fee agreement should clearly outline the payment terms so that both parties are clear about exactly what you will have to pay to a solicitor should your claim be successful.
No win no fee is subject to our panel’s Cardiff personal injury solicitor agreeing to take on your case and appropriate insurance cover being in place. When a compensation claim is successful, there will be a Success Fee. Success Fees will not exceed 25% of recovered damages including VAT. This fee will be subject to your individual circumstances. There are a few rare exceptions, which the panel solicitor for Cardiff can explain to you in more detail. If no damages are recovered, then no fee is payable by you. Your agreement will be direct with the panel solicitor in Cardiff, who is a third party and not owned or employed by us. Early termination fees may apply if you decide not to proceed or fail to follow reasonable legal advice. Such fees would be based on an hourly fee rate as set by that panel solicitor. We may receive a payment from the Cardiff personal injury solicitors to whom we pass details if your case is accepted.
If you would like to discuss making a personal injury claim on a no win, no fee* basis, contact Friends Legal Cardiff today. When you contact us, we will be able to inform you whether we are able to take on your case on a no win, no fee basis. If we cannot, we will also provide you with information about alternative means of financing your claim. Get in touch now on 02920606835^.
Personal Injury Claims Lawyers Cardiff
Our specialist solicitors are here to help you fight for the compensation you are entitled to, contact us today to discuss your circumstances with a member fo our team in strict confidence.
Call us on 02920606835^. To make an online enquiry, please use the contact form on this page.