CFA’s mean that the claimant does not need to pay a penny to hire a solicitor to look at their case, even in the event that they end up losing. The agreement is signed before the commencement of a case; which keeps things in the open between a lawyer and the client.
However, as of late the system has been the subject of much scrutiny, meaning that a shake- up of the way compensation cases are looked at is certainly on the new government’s agenda.
The following list considers the five best things about no win no fee claims:
1) No upfront coast to access justice.
Before no win no fee agreements, many regular people would never have been able to consider legal assistance if they had been injured due to the cost of talking to a lawyer. When they were introduced, everyday workers, drivers, hospital patients are more could talk to a legal expert if they had been injured through no fault of their own.
2) No paying a solicitor’s fee.
In the vast majority of cases, injury victims do not to pay a fee to their solicitor, whether they win or lose. If they win, their solicitor recovers their cost from the losing side, whilst if you lose, they will have insurance in place to make sure they do not lose out.
3) Full amount of compensation.
Because you don’t have to pay your solicitor out of your compensation, you will receive the full amount that has been awarded to you. This is the case whether your claim has gone through the court, or has been settled outside by mutual agreement with the other party.
4) Maximum payout.
By ensuring you have an experienced personal injury solicitor fighting your claim for you, you greatly improve your chances of receiving the maximum compensation payout available to you.
5) You’re likely to win if your case is taken on.
Injury lawyers usually only take on cases they know have a good chance of succeeding. Therefore, if your claim has been accepted by a legal expert, it’s usually quite likely that you will end up receiving a payout.
