The Truth About No Win No Fee Claims
Lawyers can ask from anywhere to 20% up to 75% of legal costs that includes paperwork and hours invested.
A "no win no fee" is an option for those who do not have the funds or is not covered under an insurance policy.
Under this type of litigation the lawyer simply does not get paid unless you win the case.
Many reputable lawyers offer this no win no fee and there are no legal fees or hidden costs involved.
If you do win your case, you have to pay for your lawyer's fees and these will be much higher than if you lost your case.
However, you should receive most of this back from the other side and still be left with most of the compensation that you have been awarded.
There are some considerations before deciding on a no win no fee agreement.
For starters you have to cover the other side's cost if you should lose the case, which can be substantial.
You can get what is known as ' after-the-event' insurance that will cover these costs.
Many lawyers will ask you to take this policy out before they will start on your case.
Not everyone will qualify to be able to take out an after-the-event insurance.
If the insurance company feels that you do not have a chance to win the case they will not offer this policy.
Same in turn on the lawyer's side, they too will not offer a no win no fee agreement if they feel your chances of winning are low.
A broad majority of lawyers specialize in personal injury claims and are successful in recovering compensation.
These type of claims range from road traffic accidents, work related accidents, and public place accidents such as slip and falls.
It is to your benefit to seek out a personal injury solicitor or lawyer.
Most of them offer a free consultation and take a look at the facts presented.
This is a great time to show any documentation that you have such as police reports, hospital bills, or any other related paperwork to prove your case.
If you attempt to file a claim by yourself, it is unlikely that will not include all the losses that you are entitled to be compensated for.
Personal injury lawyers are professionals and have to follow the law that are regulated to the highest standards.
This means you will have greater success with legal counsel than dealing with insurance companies directly.