In a “no win, no fee” agreement if any award is made, or a settlement is reached between the parties, the solicitor will take a percentage of the award to cover their legal costs and this percentage will be agreed with you prior to work being commenced.
The percentage depends on the prospects of the claim and how likely it is to succeed. A solicitor will assess the prospects of the claim before taking the case on.
What happens if my case is not successful?
If you lose a “no win, no fee” matter, you are not responsible for any fees incurred to date, as long as you comply with the terms of the agreement. However, it is important to be aware the Defendant does have the right to claim all their legal expenses and Court costs from you. Should we have concerns as to whether a case will be successful, we can discuss with you whether you may have access to any insurance that may cover your legal costs, such as home or car insurance and if not, the possibility of taking out “After Event” insurance which will cover you for any legal costs.
Do I have to pay any costs?
Where there is a breach of any of the requirements which the solicitor sets out in the agreement, you may be liable for the solicitor’s fees.
Please note the only other costs you may incur are third party costs such as Barristers fees, Experts fees etc. We will always let you know what these fees are likely to be before we commence any work on your case.
For more information on how to fund a personal injury claim contact Newnham & Jordan & Solicitors today on 01202 877400