Under a No Win No Fee agreement, you, the plaintiff, are only required to pay your lawyer`s fees if the “No Win No Fee” claim is decided in your favor. These agreed costs usually represent a percentage of the compensation awarded and are recovered directly from the compensation. The document that sets out the details of the agreement is called a contingency fee agreement or CFA. This is a formal and legally binding written agreement between you and your lawyer. In a contingency fee agreement, there are no hidden clauses or hidden fees. Everything is explained and established in advance. In this type of agreement, a lawyer or law firm will take out an insurance policy on behalf of the victim before starting work on the case. This policy covers all costs incurred during the claim, including court costs, medical reports and other expenses. If the claim for compensation is rejected, the victim does not have to pay a success fee for the lawyer`s services. At Fieldfisher Solicitors, we pride ourselves on working with our clients on various forms of financing and will explore your options with you so you can decide how best to cover the cost of your personal injury or medical negligence. We are committed to being open and transparent about our fees and costs – this is a fundamental part of Thompsons` commitment.
Click here to learn more about the promise and what sets Thompson`s Solicitors apart. Fieldfisher`s lawyers have extensive experience in successfully representing individuals in personal injury and clinical negligence claims under “No Win No Fee” agreements, aptly referred to as contingency fee agreements (CFAs). Typically, your attorney will take out an insurance policy with the CFA that will provide you with additional protection against the payment of costs and expenses (often referred to as expenses) associated with investigating and fighting your claim that you would otherwise have to pay if you lost your claim. But what about payments? In a case of bodily injury, payments can be substantial. For example, if your injuries need to be assessed by a medical expert (they always do), it can cost an average of $2,000 to $3,000 per medical expert. Who pays for it? Some companies don`t require you to pay unless you win. Many companies will do this. Legal aid funding is still available in very limited cases of bodily injury that relate only to catastrophic (neurological) brain injuries that occur in the first six weeks of life and have been caused by medical negligence. However, at Fieldfisher Solicitors, we are pleased to offer alternative financing arrangements for these types of claims, which we specialize in fighting. These arrangements are at least as cheap and cost-effective for you as legal aid funding, but without the restrictions on expert selection and delays associated with managing an application funded by the Legal Aid Agency.
A financial agreement between you and a lawyer to help you investigate and pursue a claim for medical negligence or personal injury. These claims can otherwise be costly in terms of the lawyer`s work (costs) and the expenses of the experts who provide evidence to support a claim, plus legal fees (expenses). If you lost your claim, you would have to pay your own legal fees, but usually you would not have to pay the other party`s legal fees; “contingency fee arrangements” are different. If you enter into a free agreement with your lawyer, he or she will cover the cost of your file. These types of fees may include: If you win your claim, we can recover both the compensation and the majority of your legal fees. The downside is that you may have to pay money from your compensation to cover an insurance policy and success fees to our company. If you lose the case, you don`t have to pay any fees. The system is best explained by one of our lawyers and the details are listed in the “No win, no fees explained” section below. If your claim with Thompsons Solicitors is accepted, the majority of legal fees incurred, such as . Basic B, will be recovered from the person or company responsible for your accident or injury. This is an important legal principle often referred to as the “polluter”. Other costs require payment and will be considered a “success fee” at the end of the case, which refers to a percentage of the compensation claimed from the client.
Unlike law firms that take large deductions from compensation such as performance fees, Thompson`s lawyers will only take up to 25% of the final amount, but never again. If you are a member of a union, you keep 100% of your remuneration using your union`s legal department. The contract with your lawyer may also allow them to receive additional fees from you, called the “success fee,” if you win your claim. These fees and part of the insurance premium are not paid by the losing opponent. Instead, they are deducted from a portion of your compensation based on a percentage of the amount received. The amount used is limited by the terms of the contract. Your lawyer should clearly explain how these fees and expenses are calculated. Legal aid is a government plan that, in certain circumstances, covers the costs of legal proceedings if you cannot afford to pay them yourself.
If you win, you may have to reimburse some or all of the legal fees. Certain criteria must be met before this support enters into force. . Legal aid is no longer available for claims of clinical negligence, except in very limited cases, including brain damage caused at birth or during the neonatal period. .