Most personal injury cases are funded through a Conditional Fee Agreement, more commonly known as a ‘no win no fee’ agreement.
What is a ‘no win no fee’ agreement?
In basic terms a 'no win no fee' agreement is an arrangement between you and your solicitors which means that if your claim is unsuccessful your solicitor is not paid for the work they have done.
If you win your claim, your solicitor is paid part of their fees by the other party, typically an insurance company. If you lose, providing you have not misled us, you will not pay anything.
‘No win no fee’ cases
With ‘no win no fee’ cases we assess your case on its merits with the information you tell us; this helps us determine its likely success rate. This success rate informs a solicitor on whether they can take your case on a ‘no win no fee’ basis.
Do you have legal expense insurance?
Legal expenses insurance is an insurance policy that provides you with cover for the costs of legal advice should you need it. You will need to check with the particular policy what legal advice it covers but it can often be used instead of a ‘no win no fee’ agreement and is another way of funding your claim.
You may have this already but may not be aware. This can be an additional benefit to your bank account or an insurance product that you have purchased. Your solicitor will review this when they take on your case.
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