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Law

No Win No Fee Arrangements: Everything You Need to Know when Claiming Injury Compensation

If you have suffered an injury through no fault of your own, be it a cosmetic injury, injury from a fall, or more serious injuries such as burn injuries, you may be entitled to claim compensation. But often, those involved in these types of injuries fail to file compensation because they are afraid of the legal costs involved. However, what most people don’t realise is that there is an arrangement of which they can take advantage, called a No Win No Fee arrangement. If you are doubtful about pursuing a claim because you don’t want to be saddled with solicitor’s fees, the No Win No Fee arrangement is a great option for you.

What does it mean?

When it comes to an accident or personal injury claim, most solicitors are more than willing to take on a No Win No Fee arrangement. So what does it mean? In the simplest terms, if your solicitor takes on your case and you do not receive compensation, then you don’t have to pay their fees. In this arrangement, you and your solicitor agree that the solicitor will take care of all the necessary tasks related to your compensation claim. In return for their services, however, the solicitor is entitled to a fee if you do win your case.

3774-How does it work?

Under the arrangement, you will be paying the solicitor a fee if you win your claim. This fee is often an agreed-upon percentage of your compensation. There is a document which details the aspects of the agreement, called the Conditional Fee Agreement or CFA. This serves as a formal and binding agreement in written form between you and your solicitor.

Consulting with a solicitor

Once you decide to visit a solicitor, they will make an assessment of your case and go through the relevant details of your claim. Most solicitors will only agree to a No Win No Fee arrangement if they are confident that they can win your case. This makes complete sense, as they are taking a risk themselves by taking on your case. They have to be confident that they will win, otherwise, they will not receive a fee.

If the solicitor agrees to help you, they will draw up a CFA. In a sense, your solicitor is your best friend (at least for a time) as they will do all they can to make sure that you win your case.

When choosing a solicitor, don’t hesitate to voice any questions or concerns you might have. It would also be a good idea to choose a solicitor who has experience with your particular case. If you are a burn victim, for instance, you would benefit more from a special burn injury lawyer who has dealt with your type of case in the past.