No Win, No Fee Claims
1. What is a No Win, No Fee agreement?
A No Win, No Fee agreement, otherwise known as a ‘conditional fee’ agreement, is an arrangement between you (the client) and your solicitor when making a legal claim. This means that you will only pay legal fees if your claim is successful, which would be capped at no more than 25% of the compensation obtained.
Other costs will be covered by what is known as a ‘success fee’ for your solicitor’s services. This would be no more than 25% of your compensation and will be agreed with yourself at the start of the process.
2. How does No Win, No Fee work?
When entering into a No Win, No Fee agreement we will complete an initial assessment of your claim, advising you on the merits of your case. If we do not feel that your case is worth pursuing we will advise you, along with the reasons why.
If you have a viable claim, which we can handle on a no win, no fee basis, we will take out an insurance policy on your behalf. The insurance policy, known as After the Event insurance (ATE) is in place to cover any additional costs incurred, such as court fees or medical report payments. The policy protects you against these risks and means that, whether you win or lose, provided you comply with the terms of the policy, you will not have to pay your opponents legal costs. Your claims handler will fully explain the terms of the policy to you at the start of the claims process.
3. What can I make a No Win, No Fee claim for?
If someone else is to blame for your injury or illness you are likely to be able to make a claim for compensation. True Solicitors are experienced in handling the following types of claims on a no win, no fee basis:
4. What fees will I have to pay if I win my claim?
The majority of the legal costs incurred in your case will be recovered from the person, or company responsible for causing your accident or injury – in most cases this will be covered by their insurer. Other costs will be covered by what is known as a ‘success fee’ for your solicitor’s services. This is typically a percentage of the compensation obtained and will be agreed with yourself at the start of the process. True Solicitors charge a success fee of up to 25% for personal injury claims and up to 30% for financial mis-selling claims.
You will also be required to pay for the ATE insurance premium that is in place to cover any additional costs incurred, such as court fees or medical report payments.
5. What will happen if I lose my No Win, No Fee claim?
A no win, no fee agreement means that if your case is unsuccessful you will not be required to pay any legal fees, subject to you complying with the terms and conditions set out in your ATE insurance policy. Your claims handler will fully explain these to you at the start of your claim.
Should your claim be unsuccessful, your insurance policy protects you against having to pay your opponents legal costs and fees.
6. Why choose us to handle your No Win, No Fee claim?
True Solicitors have been handling personal injury claims for many years, obtaining millions of pounds in compensation for our clients. Our expert claims handlers are committed to offering Expert Legal Advice: TRUE compensation.
If you choose us to handle your claim we will guarantee:
- Free initial, comprehensive legal advice
- No hidden charges
- Maximum compensation in the shortest time possible
- To keep you updated at each and every step of the claims process
True Solicitors are rated as ‘Excellent’ on Trustpilot, read our reviews here and find out what our clients think of us.
Call us on 0344 854 7000 or submit your details below to submit your No Win, No Fee claim.