No Win No Fee Lawyer - Compensation Claim
If you get involved in a road accident, work accident, or any other type of accident which results in personal injuries and material losses, you might need a no win no fee lawyer. He is the person who can help you get financial compensation for your losses, the only condition is that you don’t carry the blame for the accident.
Now, I’m sure that you al hear the term “lawyer” before. It has also a few other synonyms which may sound a little bit less familiar to you, like solicitor or specialist. For example, “no win no fee solicitor” means the same thing as “no win no fee specialist” or “no win no fee lawyer. You got the idea. But what’s the other term supposed to mean?
The no win no fee agreement is a relatively new type of procedure. Basically, it has a major advantage over anything else: it lets you pay for your lawyer’s services ONLY with the condition that he wins the case. It’s a principle that you might have guessed from the name itself, but actually this is not its technical term. The “no win no fee” term is just made up in order to perfectly suggest its advantages. The technical term is “conditional fee agreement”, but it’s much less used than its informal counter-part.
So, I think you got the basic idea. The truth is that the no win no fee solicitors have opened up new possibilities for people who couldn’t have dreamt of hiring a lawyer before. It has made the compensation claim a much more popular endeavor, and people are not that afraid of claiming anymore.
Before no win no fee, most people simply filed their insurance company’s compensation claim and waited for their claim adjuster to make his offer. When the offer came, people looked at the sum of money offered by the insurance company with frustration, thinking they could do nothing about it. The truth is that the claim adjuster’s first offer is hardly the best you can get for the particularities of your case, in fact it may simply be the worst.
But people used to (and still do) take the bait, not knowing their alternatives. In this case, a lawyer, a no win no fee lawyer more specifically. However, there is also a major downside of no win no fee. “I knew it was too good to be true”, you might tell yourself. However, remember that every problem has a solution.
So, what is this big disadvantage that no win no fee has? Well, to put it simply, if you happen to lose your case, you will have to pay your opponent’s costs. And they may rise up to be a few thousand pounds. That doesn’t sound too encouraging. This fact should be presented to you by your lawyer in the preliminary interview, just to know your options.
There is no such thing as a perfect personal injury claim case
My honest advice on this is simple: even if you are absolutely sure that you are going to win your case and even if your lawyer says you will, make sure that you have those few thousand pounds. If you don’t, there’s still something you can do.
And it’s called the “after the event” insurance. Designed for exactly these cases, this insurance policy should have you prepared for the worst. Now there’s a very good use of insurances. Not that all the other insurances are bad, don’t get me wrong.
Now, this pretty much sums it up when it comes to talking about “no win no fee”. Now, of course, this isn’t everything, but it should give you a good place to start. Make sure that you have your solicitor explain you every aspect of your case.
He should give you an estimate of the amount of compensation you can get, and also an estimate of your chances to win. If it makes you feel better, he has the power to decline your case. If he doesn’t, that surely means that you have more than a snowball’s chance in hell. And his experience will help you get REAL compensation. But that’s what a no win no fee lawyer is good at, right?
The Author
It's easy to proceed with no win no fee lawyers 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
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