Before the changes in April, things were a lot more straight forward – lawyers could recover all legal fees from the other side, so most people get 100% of their payout. But since the changes, the recovery of two things have been abolished. One is called a Success Fee, and the other is called an After The Event insurance premium.
The 25% is normally to cover the success fee – and 25% is common because this is the maximum a lawyer can take from a client for the Success Fee. On top of that, a lot of law firms are also asking for payment of the unrecoverable insurance as well.
So for many, 100% compensation seems to be a thing of the past. But not for us – we dare to be different once again by breaking the trends and swimming upstream to make sure you keep all 100% of your payout.
For most claims like work accidents, slips and trips, etc, we are offering our clients the opportunity to keep all 100% of their payout, and we are happy to make sure you don’t pay for insurance as well. We still get paid by the other side – we have simply chosen to take the hit ourselves as oppose to our clients. We don’t have to charge you the success fee or insurance – it’s our choice, and we have decided as a business decision to let you keep all of your payout!
So give us a call and we will tell you more about our 100% compensation pledge! If you don’t believe us, let’s have a free and informal chat on 0800 634 75 75 today!