Understanding 'no Win, No Fee' Agreement

By Author: Jamie Hanson
Total Articles: 3495
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'No Win, No Fee' agreement with the solicitor is a win win situation for the claimant. As per this arrangement, a victim of accident is not charged any fee to make a claim for personal injury. If the claimed compensation is won, the fees of the claim process will be charged to the losing party. In addition, the 'no win, no fee' solicitors guarantee 100 percent compensation to the claimant without deducting any money as their fees Personal injuries suffered due to accidents in the road, workplace and trips are included in such agreements. In case the claimant loses the compensation claim, there is no payment of fees or costs to the solicitor due to the 'No Win, No Fee' agreement.

It is important to know whether a claim qualifies for a 'No Win, No Fee' arrangement. To assess the merits of your claim, 'No Win, No Fee' solicitors will arrange a meeting and discuss on the options available. Only when they are satisfied of the strength of your claim and feel the percentage of success is high, they will offer you a 'No Win, No Fee' agreement. Most solicitors take up personal injury claim cases after they are more or less sure ...
... of its success.

What is the cost to the claimant under a 'No Win, No Fee' agreement? As per the agreed terms, the claimant will pay the solicitors fees if the case is won, although the costs and fees are normally recovered from the losing party. In certain cases 'No Win, No Fee' Solicitors go for an after the event (ATE) insurance policy on behalf of the victim to cover disbursements like cost of medical reports, police reports and court fees; and the opposing party's legal costs should the claim be lost. The ATE premium is a deferred premium and is not payable until the end of the case. If the claimant loses the case the premium need not be paid, and if the case is won, the premium is recovered from the losing party as an expense.

It is important to note that all accidents or injuries do not qualify for a 'no win, no fee, claim. Accidents occurring in roads, workplaces or trips resulting in pain and suffering including financial loss are eligible for such an arrangement. Cases relating to medical negligence during treatment is normally outside the purview of 'no win, no fee' agreement, due to the cumbersome process and speculative nature of the claims. Compensation cannot be claimed for minor injuries that do not affect your life. To be successful your injuries should stand the scrutiny of law.

Claims for injuries due to accidents occurring in hazardous working conditions or workplace related illnesses like industrial deafness are complex in nature. Victims are unable to asses their injuries properly or hesitate to lodge claims due to the additional stress they have to undergo during recovery from traumatic accidents. In all such cases a 'No Win, No Fee' claim agreement will be beneficial to the victim without any burden. The 'No Win, No Fee' solicitors will take all steps to lodge your claim and see that you receive compensation from the appropriate forum, according to the seriousness of your injury.

For road accidents and other hazardous injury contact no win no fee solicitors who will get you the best claim. For further information visit www.first4lawyers.com