The no win no fee claim service came into effect in 1998 when legal aid was replaced by the Conditional Fee Agreement (CFA). Under such an agreement you are only obliged to pay your solicitor's fee and expenses for things such as expert reports if you win your case. If you lose, you have no fees to pay your solicitor.
A Conditional Fee Agreement stands for the legal contract between the solicitor and you the claimant. This contract contains the terms and conditions that you and the solicitor agree on.
No win no fee agreements are mostly used to pay for such personal injury cases as; whiplash injury, road traffic accidents, work accidents and trips/slips.
A frequently asked question when it comes to no win no fee claims is will all my compensation be used in paying my solicitor's fees? If your case is fully successful then the answer is no. You will receive 100% compensation without any hidden costs and the solicitors costs shall be recovered from the other side, leaving the damages won intact.
Successful no win no fee accident claims can help with such expenses as loss of earnings, medical expenses and repair costs to things like cars. Everyone has a legal and civil right to claim compensation after an accident and thanks to no win no fee claims it's never been easier.
If you have suffered or sustained an injury in the last 3 months in the UK, the first step is to get in touch with a solicitor/accident claims company, such as accidentconsult.com. Advisors will talk you through the claim process and the likely outcome of the claim. When your case has been evaluated, a decision will be made and you will be told right away whether the case is being pursued, with the process starting immediately if your case is being taken up.
Personal injury cases based on no win no fee rarely go to court and as the claim process starts immediately you don't have to wait long before your compensation reaches you. The process of claiming revolves around the two sides involved agreeing on liability and damages, which cuts the number of cases going to court.
It is thought around 25 million people lose income and independence as well as lifestyle changes due to accidental injuries every year. Seeking compensation for injuries and harm is not a social problem or the sign of the emergence of a ?compensation culture,? but simply realising a civil and legal right Since legal aid was replaced with the Conditional Fee Agreement, over 130,000 enquiries relating to personal injury claims have been made.
As well as compensation, lessons are also gained from no win no fee claims in the sense that the problems that caused the injury in the first place are put right as we all have obligations to avoid causing harm to others, and to take steps to prevent such harm arising.
A no win no fee claim, officially known as a conditional fee agreement offers an alternative way to fund litigation and can be used in almost all commercial claims. No win no fee claims or conditional fee agreements have been in place since 1995, however during this time it was limited to a certain range of cases but then thankfully in 1998 no win no fee agreements were extended to include all cases with the exception of family proceedings. This was a welcomed change as it allowed people the opportunity to claim when previously couldn't.
The conditional fee agreement is an agreement whereby a lawyer and a client can agree to share the risk of the litigation by coming to a financial arrangement surrounding the fees that are payable based on the outcome of the litigation.
No win no fee claims are hugely successful in providing compensation and carry many advantages with one of the main ones being peace of mind that you won't be worse off if your claim is unsuccessful. Also if your claim is a success you will keep 100% of the compensation that you are awarded with your solicitors fees being paid by the losing party's insurance. This insurance is known as ?after event insurance.? With this insurance you are expected to pay a one off premium and if you lose your insurance company will pay any costs that you owe to your opponent.
With any claim for compensation your case will only be considered if you have suffered injury that was caused through no fault of your own and that has left you with injury that has affected your daily life. It should be noted that compensation will not be paid out for any near misses such as if you were prescribed the wrong drugs by your GP but the pharmacist noticed or if you are suffering a personal injury that does not really affect your life such as a cut on your hand that heals quickly and without the need for medical attention.
Sadly compensation is never a sure thing; just because you have been injured in an accident that wasn't your fault it doesn't mean that you will defiantly get accident compensation, no matter how good your lawyer/solicitor may be. In order for your claim to be a success you will need evidence from people such as your doctor who will be able to confirm that your injuries are as a direct result of the accident that you suffered. If your compensation claim is a success the amount of compensation that you receive is based on your actual suffering and not on how much money the opposition has or what the court feels is sufficient punishment.
If you are currently suffering injury or you have suffered injury in the last three years that has affected your life or stopped you from working then it is advised that you seek the help of a personal injury specialist who can help you to claim the compensation that you deserve after an accident that was caused through no fault of your own.
Helen Cox has sinced written about articles on various topics from Legal Matters, Injury Claims and Business Grants. Accident claims for the UK market contact Accident Consult for your no obligation consultation service. This artic. Helen Cox's top article generates over 90500 views. to your Favourites.