We can’t stress this enough! Take care when instructing a law firm to represent you for your claim for personal injury. The law has changed so most lawyers are now taking up to 25% from your compensation payout!
We can still offer a full 100% compensation agreement, so –
DO NOT INSTRUCT ANY OTHER LAW FIRM UNTIL YOU HAVE READ THIS AND SPOKEN TO US!!!!!
The Changes
For agreements entered in to from April 2013, lawyers cannot recover all of their legal fees from the opponent. For years all fees have been recoverable to make sure you get the full amount of the compensation you deserve – i.e. you get the justice you deserve!
But the government in their infinite wisdom decided to ruin decades of access to justice and make it to you should have more of an “interest” in your claim. As such, a lawyer can no longer recover two things from the other side:
- Success Fee – which helps us to fund No Win, No Fee cases.
- After The Event (ATE) Insurance premium – insurance we take out to protect you from the risk of paying costs to the other side and for unrecoverable disbursements.
As a result, law firms are now taking the Success Fee from your payout and asking for payment of insurance – sometimes upfront!
But we are DIFFERENT!
The government capped the amount a lawyer can take for the Success Fee at 25%. This means a layer cannot take any more than 25% from your payout to cover their Success Fee.
Rather than following the masses and jumping on the bandwagon of solicitors who are now taking 25% from your payout for the Success Fee, which appears to be the market rate as its the maximum amount, for most claims like work accidents and public liability claims, we will NOT charge you a Success Fee.
That right – even though we are entitled to take up to 25% from your compensation, we will not! We put a cap for our Success Fee charge to you in our paperwork as 0% – i.e. nothing. So because we are not taking a deduction, you keep all 100% of your payout.
We will not ask you to pay insurance because we will self insure the case – that means we will cover the risk of costs from the other side and unrecoverable disbarments.
How can we do this?
It’s simple:
- We still get paid by the other side – so do all the other lawyers out there taking 25% from your payout. So we’re not working for free; we just get less fees than we used to.
- We can afford to operate on lower fees because we only represent victims for personal injury claims and we take on and win a high volume of cases.
- We also never wasted millions of pounds on referral fees that most other law firms were doing before the changes in April. We have never paid anyone for clients – all our clients come directly to us!
Don’t fall for the tricks!
According to research from our own clients, some lawyers who take 25% from you will tell you that “everyone does it” or that “it’s illegal to offer 100% compensation” or “no one is offering 100% compensation because it can’t be done” – but this is all total rubbish!
The change in the law doesn’t ban 100% compensation – it just means that lawyers can’t recover all of their fees from the other side. As such, other law firms who aren’t as great as us can’t afford to take the hit like we can. Some are just totally unwilling to take the hit!