You might think that I’m going to discuss with you about the pitfalls of potentially instructing a lawyer with a 100% compensation agreement that may not be all that it seems – in actual fact, this article is about making sure you come to a firm like us that offer 100% payouts and making sure you don’t fall for the tricks of a 25% compensation solicitor.
A lot of people will speak to us and we’ll explain about how our 100% compensation offer works. We’ll send you out some paperwork and in the meantime you’ll probably speak to other solicitors as well.
You’ll find that most other lawyers will want to take 25% from your payout because of recent legal fee reforms. Now, if you compare us directly, we’re obviously likely to get you a much higher payout as we won’t be taking anything from it. So the 25% lawyers will need to use any tactic they can think of to try and sway you to their services because they simply cannot compete with us offering a 100% agreement.
But you need to be very, very careful! Here are some myths that other lawyers may tell you to try and scare you off from getting a 100% payout with a genuine lawyers like us.
There are No Hidden Charges
We’re not offsetting a 100% agreement by charging you something else instead. It’s not some kind of trick to try and entice you in, only for us to sting you at a later date. Our agreement confirms that we simply waive the 25% deduction and just get the fees we’re entitled to from the other side.
The thing to remember is that we’re regulated by the Solicitors Regulation Authority and we have a long history of happy clients – we simply couldn’t get away with scamming people!
It IS Possible to Offer 100%
A lot of the 25% lawyers will say that it’s impossible to offer a 100% agreement, or that it’s illegal. Both of these are entirely incorrect. We can offer you a 100% agreement because we take on and win such a high volume of claims, and we’re a national firm with a solid reputation of happy clients. All of our clients over the years we’ve been fighting for accident victims have come directly to us – we have never paid referral fees like most other lawyers have.
Referral fees were also banned when the government stopped lawyers recovering all fees from the other side, so solicitors who have relied upon referral work have had to use alternative methods to market their services. These can be costly and prevent them from being able to afford to offer their clients a 100% service – but we’ve been marketing ourselves without referrals for years.
The change in the law stopped lawyers being able to recover all fees from the other side – it did NOT make 100% agreements illegal. Anyone who tells you this is misleading you.
We Still Get Paid By The other Side
“So how do you get paid then” or “what’s in it for you?” – These are the common questions asked when we have advised people about our 100% compensation agreement.
The thing is, we all still get paid by the other side! That includes the lawyers who will take 25% from your compensation payout as well. The change in the law just resulted in lower fees, not no fees at all. But other firms cannot afford to work on just the lower fees, whereas we can due to the volume of claims we take on and win.
100% Compensation Does NOT Mean a Poor Service
As I said earlier, it’s about the fact that we can afford to do what other lawyers do with less fees – not compromising on the service we offer in order to offer 100%. The process for most types of claims was changed dramatically last year as well to make them more efficient, so the whole process is designed to keep legal costs down anyway.
DON’T Fall For The Tricks
Instruct a genuine 100% compensation lawyer like us to make sure you keep every penny of the payout that’s rightfully yours. Don’t fall for the tricks and lose out on thousands of pounds with a solicitor who will take up to a quarter from your compensation.
Have a look at our history of happy clients on our testimonials page, and get in touch for advice on 0800 634 75 75 today.
