• Details Of The No Win No Fee Arrangements!

Compensation claims are handled by solicitors on a conditional no win no fee basis. These arrangements are also known as conditional fee agreements. Please do remember that we are discussing personal injury claims here. No such no win no fee arrangements are possible in family disputes or criminal cases. It is possible that you have legal expenses insurance. Known as before the event cover, meaning that you have such a cover just in case even before the event leading to the injury happened.

Please note that no help is possible from community legal funds even if you cannot genuinely afford the cost or the risk of the cost, if you happened to lose the claim.

On the face of it legal fees for your solicitors are paid by the losing party if your claim wins. If you lose, however, legal fees are payable by you. If you win that arrangement seems perfect. But if you do lose the further cost of the solicitors fees on top of the claim failing may seem a little unfair. Is there a way to minimise that cost? Following are the details of how this no win no fee arrangement works.

What exactly are the legal cost components? Theres the solicitors fee of course. He is entitled to a success fee if your claim wins. This is to cover the risks that the solicitor may not get paid (if you lose) or the delay of receiving payments due to the delays in the settlement. Typically it is 12.5% of solicitors fees in case of road accidents where the claim amount is low and is resolved without trial. Success fee could be as high as twice the original fees if the claim goes through a full trial.

Court fees or the fees for the medical report are some additional costs that get added for calculating legal costs. These incurred costs are known as disbursements.

The losing party pays for the total costs. However, courts are known to order payment of a large part, but not the full amount, of the costs. His may happen if the losing party contends that the solicitor fees are higher than usual and court accepts the same.

In this case the balance part of the costs has to be paid by you. If you lose the claim your solicitor need not be paid but all of the other costs are payable by you. This then consists of the defendants solicitor fees and the disbursements. Depending on the amount of claim, how complex the legal battle was at the corresponding court and medical examiners fees etc this amount can get to be substantial.

To help with this kind of contingency insurance cover is available. Our solicitor should be able to arrange such a cover once you get into the claims process. You obviously pay a one time premium for the same. This kind of cover is known as after the event as you take such cover after the event of injury has happened. The trade union you belong to also may be able to help.

Even this premium amount may be difficult to afford in some circumstances, but banks probably would offer you a loan to pay for it in a crunch. So be sure you are prepared if you want to seek good no win no fee arrangements.

It's easy to obtain a no win no fee arrangement and gain maximum results without the hassle, costs and confusion. Discover how to finish 50% of your claim in 7 days or less at http://www.100Percent-Compensation.co.uk

1. Fill in the 2 minute 'Free Online Claim Assessment Form'
2. Contact us on any of the following numbers: 08707 02 02 02 or 0800 292 2182
3. Email us at accidenthelp@100percent-compensation.co.uk or
4. Fill in the call back form and we shall call you back at your convenience.

Please note the service we provide is confidential and it won't even cost you for trying.

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