What Is No Win No Fee
No win no fee, as the name suggests, is a service which means that the individual does not pay a fee unless their solicitor is successful in winning their case. The fee is typically taken out of the winning compensation and the claimant does not have to risk any of their own money using a service like this.
Solicitors that offer this type of service will usually only be willing to take on those cases that they are confident of winning or that have a potentially high enough pay out to take a calculated risk on that case. It is obviously in the best interest of the solicitor and their company to win the case; otherwise they will have provided their service without recompense.
If You Lose
You should be aware that if your solicitor does lose the case while they are not permitted to claim a legal fee for their work from you, according to the terms of a sound legal contract, they are allowed to claim any reasonable expenses that they faced. If they had to pay a fee to collect your medical records or to complete any legal search then you may be expect to pay this. Your solicitor may arrange for “After the Event” insurance to cover the cost of paying the other party’s legal fees and disbursements.
No Win No Fee Services
A successful claims with a reliable no win no fee solicitor can enable you to contest a compensation claim that you would not have otherwise had the money to contest. This means that you could claim back thousands of pounds of money that you are entitled to without having to risk any of your own money.