We all know Lawyers charge you a fortune right?
Not necessarily, when you decide to take legal action in order to claim compensation for your accident/injury, you may choose to appoint an Injury Lawyer who works on a ‘No Win No Fee’ basis.
It means that your Injury Lawyer will only be entitled to his fees if he is successful in winning your case. If your claim is lost then your Lawyer is not getting paid, not even a penny. Yes that’s right, a ‘No Win No Fee’ really does mean ‘No Win No Fee‘.
You may find it highly suspicious that a solicitor / lawyer would risk running a case that they might not get paid for but actually if you think about it, why should a solicitor / lawyer take on any case unless they are pretty damn sure they are going to win.
In most cases an experienced Injury Lawyer will know right at the start whether you have a successful claim or not. If he knows you are going to win then he should be happy to take your case on a ‘No Win No Fee’. Experienced Injury Lawyers will not take on a case under a ‘No Win No Fee’ policy, unless they are sure they will win it. They will not work for nothing, so it is very important for the Injury Lawyer to assess the case at its first instance.
If the Injury Lawyer assesses that you have no claim then he should not take the case on.
If he is unsure of your chance of success then you should insist that he only takes the case on a ‘No Win No Fee’ as any reputable Injury Lawyer willing to run your case should be happy to put his money where his mouth is and take on the risk of your case.
If you win your claim, then with reputable Injury Lawyers you will always get your compensation in full. Your solicitor will not deduct anything from your compensation for any legal fees and should not charge you a penny.
Injury Lawyers that work on a “No Win No Fee” get nothing if you lose and if you win all reputable Injury Lawyers will charge the other party/insurers and not you.
Putting it all Together
- Your solicitor will take his fees from the insurance company of the person or organisation responsible for your accident.
- An experienced solicitor can analyse the outcome of a case before even taking it on.
You can therefore be confident that your claim is worth pursuing.
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Many of us don’t understand the true meaning of ‘no win, no fee’and most of all don’t realise how much protection it affords you.
If you have been injured in an accident and you want the chance to be compensated for your pain and suffering and for the money you may have lost through lack of earnings, then think about a instructing a lawyer on a “No Win No Fee”.
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