No win no fee (conditional fee agreements) is a mechanism that allows members
of the general public, access to legal representation in the case of an
accident, regardless of your financial status.
No win no fee solicitors, act on your behalf to secure financial compensation
in the event of an accident. You will receive 100% of any compensation awarded
to you, whilst the solicitors claims for his or her cost separately, this is
known as a success fee.
There are a few caveats associated with no win no fee accident claims that
you should be aware of.
Don't be fooled into thinking that using a no win no fee solicitor will make
you immune from any costs at all!
A No Win No Fee arrangement simply covers your own no win no fee claims
solicitor costs in the event you loose your claim. Other costs are associated
with the compensation claim still need to be met. These include any medical
bills and the costs of the other parties legal fees, court costs and so on.
Some accident claim solicitors, provide free after the event insurance as
part of the process so you may not need to pay anything. It is however a good
idea to ask for written confirmation. Differences in cost arise depending on the
type and complexity of your claim.
Road accident claims and work related accident compensation claims are
cheaper to cover than a case of medical injury claim (malpractice) or a health
related claim such as asbestos disease compensation
claims (mesothelioma and asbestosis)
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