No Win No Fee is as it sounds: if you don’t win, you don’t pay. We’ve answered some of the main concerns surrounding the concept of ‘No Win No Fee’ to alleviate any worries and reassure you that there are no catches.
No Win No Fee charges
The only charge involved with a personal injury claim is the solicitor’s fee if your claim is successful. But this won’t come directly out of your back pocket. It’s taken from the total compensation amount and it’s capped at a maximum of 25%.
In the same way that tax is deducted from your salary, the success fee is taken from the compensation before it reaches your bank account, so you won’t be any worse off.
But won’t the solicitor lose out on No Win No Fee if I lose the case?
We know that some people are unsure of the No Win No Fee agreement and are concerned about how the process works if their case is lost, and whether the solicitor won’t be paid for their work.
However, the solicitor has insurance to cover the costs of all legal work if the claim doesn’t go through. This arrangement guarantees you won’t have to pay any fees if your claim is unsuccessful.
Will I have to pay upfront legal fees?
You won’t have to pay anything to your solicitor upfront. No Win No Fee is different from other legal procedures in the sense that the solicitor is the one taking the risk by agreeing to represent you in your claim. You’ll only be expected to pay a fee if the case is successful, and the fee is paid at the end, rather than the beginning of the claim.
Are there any hidden costs?
First4Lawyers’ No Win No Fee policy contains no hidden fees whatsoever, so you can rest assured you won’t be landed with unexpected costs when claiming for personal injury compensation with us. There are however some exclusions to those of you in Scotland and Northern Ireland. When discussing your claim, our advisers will be able to assess whether these exceptions apply to you.
Give our friendly team a call on 0808 159 7655 and they’ll help guide you through the claims process.