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No Win No Fee:
"No Win No Fee" Expained
"No Win No Fee"
No Win No Fee Accident Claims
"No Win No Fee" Facts
"No Win No Fee" Advantages
History of "No Win No Fee
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No Win No Fee Accident Claims
The beauty of a No Win No Fee compensation accident claim is that it enables everyone that has suffered an injury to make a claim. It is no longer just the preserve of those with money, who can afford exorbitant legal fees. Under the 'Private Fee Paying' System solicitors charge an hourly fee for their time. The more senior the associate that works the case the more that they charge, and sometimes there can be multiple associates working on your case. Time spent on your case is then logged against your file - this includes drafting letters and documents, research, telephone calls, the reading of letters and the act of interviewing those involved in the case. Hourly rates vary vastly up to £400/hour for the more senior partners in City firms. It is not difficult to see that it is quite easy to run up a bill for several hundred, if not thousands of pounds. Because of this expense the government introduced legal aid to help those that needed the help most. However because of the mass need for such a service the costs spiralled out of control. Until in 1998 the government decided that it was time to introduce a new method by which compensation solicitors could get paid for accident claims - No Win No Fee. What you need to do To get the ball rolling you need to approach a solicitor or service such as ours. The solicitor will take a look at your claim and advise as to the legalities of the case, and if you have a valid claim which can be pursued. If a solicitor takes on your case they do so under the understanding that if they lose the case then they will not get paid. Why do they agree to No Win No Fee? Under the law, your no win no fee compensation solicitor is entitled to claim his fees and expenses from your opponent if they win the case. The outcome of this is that if your solicitor believes that your case has merit, then they'll be willing to work for you for free, safe in the knowledge that they will be paid for their work by your opponent once they win the case . More No Win No Fee Articles... “No Win, No Fee” Explained in Simple English
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Accident Consult Ltd is regulated by the Ministry of Justice and is authorised to undertake regulated claims management activities under the provisions of the Compensation Act 2006 - Further details of the Compensation Act and the work of the Ministry of Justice can be found at www.claimsregulation.gov.uk. NO WIN, NO FEE HOW CAN THAT BE? |
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