From what we know, most lawyers are taking the full 25% for something called a Success Fee which the government stopped innocent negligence victims from recovering from the opponent in April 2013. Before the changes you could get all your legal fees back and keep all of your payout, which is fair. But the changes have stropped this and flipped the whole system on its head!
So is 25% the be all and end all? What are the other charges involved? What are the upfront costs and expenses?
A lot of firms take at least 25%. This amount is the maximum that can be deducted from your payout to cover the Success Fee which is why it is so common. Some lawyers have managed to skirt round the cap by charging 25% for the success fee and then, say, an additional 15% for ‘other’ fees. As long as it isn’t for the success fee, it’s not illegal.
Many are charging upfront fees for costs and expenses with the most common example being the cost of an insurance policy which the government also stopped the recovery of. This means that a no win, no fee isn’t actually what it says because you may end up losing the claim when you have already paid an upfront cost.
It can vary a lot between different firms.
Can I get a better deal?
With us you can!
You may have already noticed our chat facility, if it has popped up on your screen, where we tell you that we may be able to offer a better deal. It does all depend on the nature of the accident and the injuries, but our simple formula for working with people who claim with us helps to put our client’s minds at ease, and they know exactly where they stand.
For most claims:
We are specialist injury lawyers and we take on and win a high volume of claims which helps us to maintain an efficient working practise and offer better deals than other firms. Call our free claims helpline on 0800 634 7575 to find out how we can offer you a better deal today.
