The No Win No Fee solicitors provide services in various personal injury matters. This is why it is very important for one to look for a solicitor who can act in your best interests. For people who have sustained personal injuries or were a victim of a work related accident or a traffic accident, it is wise to begin looking for a lawyer who specialises in no win no fee claims. The no win no fee solicitors terms (also referred to as Conditional Fee Agreements) replaced the legal aid system as the core system of funding personal injury compensation claims. Taking advantage of the no win no fee solicitor can in the end save you a substantial amount of money.
In essence, this system transfers the financial risks that are involved in filing a claim with the solicitor who has agreed to represent the injured party. The solicitors operate on no win no fee terms. Not only does one get the comfort of hiring a specialised individual to handle your case, you do not have to worry about paying for it because you are not required to pay unless you win. A successful claimant normally keeps 100% of the damages without deductions awarded under the terms of no win no fee agreement. The losing party to that claim pays the solicitors fees. Anyone who decides to file a no win no fee claim must double check with their claims firm or solicitor that these are their terms because there are some solicitors firms that have hidden costs.
The solicitor is not paid in case a claim is unsuccessful and will have to bear the associated costs in such a circumstance (although, generally, they will have taken out insurance in order to cover this possibility). The solicitor arranges for the claimant to take out insurance in order to cover themselves if they lose. If the claim is successful, the solicitor is entitled to receive their fee alongside an extra uplift, otherwise known as “success fee”. In case the client wins the case, either the losing side’s insurers or the courts will have to pay damages to the client. In addition to this, the insurer is required to pay legal fees and expenses.
The claims should be filed within three years of the victim’s injury case. There are exemptions to this which includes certain diseases like asbestosis which might not show its symptoms until years after the exposure to asbestos. The claim should be made in time so that evidence supporting your claim can be collected. This will enable you to receive compensation to aid with the recuperation costs and cover potential loss of earnings. Your solicitor tends to work hard to make the compensation claim and there is the added benefit of this legal setup being stacked in your favour.
This system has several valuable outcomes beyond saving the taxpayer’s money. In essence, it has broadened public access to legal services since the claimants who earlier on did not meet the conditions for receiving legal aid and were then subsequently deterred by the prospective costs of a failed claim are able to now advance on a risk and cost free basis. In terms of work injuries, this has had the unforeseen effect of spurring employers to enforce the health and safety standards at the workplace, instead of facing an increased number of claims from the injured employees. The most recent figures point to the continuing success that the system of no win no fee has had in boosting standards. The number of reported serious injuries at the workplace has also declined at a similar steady rate over the past.
Those involved in accidents at work should consult with a specialist no win no fee personal injury solicitors. The solicitors companies are regulated by Solicitors Regulation Authority which enforces strict practice standards on its members. This body regulates the terms and conditions of the professional services offered by solicitors as well as the costs that you probably are liable for. In addition, solicitors firms employ attorneys who have expertise in certain areas of personal and work injury law. Normally, one specialist solicitor handles a case from beginning to end and offers a single contact point during the process of claiming. There is no harm in seeking the advice of solicitors to find out whether they would be willing to take up your case.
