2010年7月30日星期五

No Win No Fee Agreements


Since the abandonment in 2000 of legal aid in order to fund cases for personal injury or accident compensation,
rosetta stone arabic, the term 'no win no fee' has become a commonly used legal expression,french rosetta stone, and has often become an absolutely essential part of building a successful case in many personal injury and medical negligence claims. In light of the emergence of 'no win no fee' cases, how does this work for a client and solicitor?

'No Win No Fee' agreements (also known as Conditional Fee agreements) have been celebrated for giving 'access to justice' for those with financial problems in England and Wales. No longer would a client looking for fair compensation for their injuries be faced with a bulky legal bill and a future of financial concerns. Under a 'no win no fee' contract,
rosetta stone wiki, a solicitor is simply not paid if a case is lost through no fault of the client.  However if the compensation claim succeeds,rosetta stone canada, the solicitor's fees will include an additional 'success' payment, in reward for the risk of having taken on the case on a 'no win no fee' basis. If the compensation claim has a successful outcome, the winning legal team will recover their costs from the other side (including any success fee).

Over the years 'no win no fee' cases have helped people who might not otherwise have been able to make a claim for compensation. Though costs do occur during the process, an established and thorough 'no win no fee' solicitor can guide a client through the options of funding for such matters, which will  Include buying an after the event insurance policy (which as it implies is taken out after the accident rather than before) such an insurance policy can cover a legal expenses bill from an opponent in defeat.  With large numbers of people looking for compensation through a 'no win no fee' claim, the law now offers the chance of a fair end to a painful, distressing time for people who have suffered either an accident or medical negligence.

It is thought that about 2.5 million people in England and Wales suffer accidental injuries each year. If, during the last three years, you have suffered such an accident or injury which was not your fault, you should consider contacting an experienced no win no fee solicitor to see if you have a viable claim for personal injury compensation.

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