Valuable Info about No Win No Fee in London

Posted by lindabizkit on January 22nd, 2013

The emergence of no win no fee in London paves the way to the accessibility of injured people to seek justice and get compensation for accidents caused by other people. No win no fee in London helps victims of negligence.

The abolishment of Legal Aid in the United Kingdom opens the door to the Conditional Fee Agreement (CFA) also known as no win no fee. This agreement is between a lawyer and a client whereby the former takes on the case with the arrangement that if it is unsuccessful, the latter will not have to pay the former. However, if the case is successful, the client will pay the lawyer a normal fee which is based on hourly billing plus a success fee.

CFA is beneficial to people who were injured due to someone’s fault and lacks sufficient fund to process the claim. Unlike the Legal Aid, CFA gets compensation from the one responsible for the accident. It is the solicitor’s discretion to take on the case. This gives more motivation for the solicitor to work diligently on the case and gives assurance to the client that the case has bigger chances of winning.

The Deal of Win or Lose

With the opening of no win no fee in London to innocent victims of injury, many individuals can now bring justice and receive compensation for their suffering. Although it cannot really recover what was lost, it can ease the burden carried by the victims.

If the case is successful, the client will receive 100% compensation. The opponent’s side will pay the injured person’s medical cost and court fees. If it is unsuccessful, the client will pay for the opponent’s expenses like court fees and lawyer’s fee. The solicitor will organize this part by taking an “After the Event” insurance policy which covers for this kind of risk. It is recommended for an individual who are pursuing a claim against the offending party to discuss and clarify important details before entering into an agreement to avoid problems in the future. Know the amount of compensation that can be granted for the claim and other expenses that need to be paid like accident report fees, official searches, expert fees, court fees and travel expenses. A specialist solicitor will be able to discuss and explain the details of CFA. Consult a legal advice regarding the Conditional Fee Agreement.