How do No Win No Fee Personal Injury Solicitors work?
A No Win No Fee agreement is the most common way of funding a personal injury claim. It is an agreement between a solicitor and their client that, if the claim is unsuccessful the client will not pay a penny towards their solicitors’ legal costs.
To protect you from any adverse costs against you, we do recommend that you take out an insurance policy called “after the event insurance”. In situations where your claim is unsuccessful, this insurance would help cover you if the other party attempt to recover their legal costs from you.
Anna’s determination to succeed, her communication skills, and her professional knowledge made what was a very difficult period for me much easier to endure and I would have no hesitation in recommending her, and the firm, as appropriate.
If I win, do I have to pay any fees?
If your claim is successful then the other side will pay your basic legal charges and disbursements.
We will also charge a success fee which is not recoverable from the other side and will be payable out of your damages.
However, this is capped to a maximum of 25% of your damages.
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Will I have to pay any fees if I lose?
If your claim is abandoned, or you lose at court, Ringrose Law will not get paid (No win no fee).
To protect you from the Defendant’s costs (for example if they hire a solicitor to act for them) we always recommend that an insurance policy (known as after the event insurance) is taken out.
This will pay their costs and any disbursements associated arising out of the claims process.
Insurance for No Win, No Fee Solicitors
Do not worry about the insurance premium. It’s deferred until the end of the claim.
If we, unfortunately, have to abandon your claim, or you lose at court, the policy covers the Defendant’s costs and disbursements. But the premium writes itself off.
If you win your claim then the premium will be payable from your damages.
How much does no win no fee cost?
If you lose your case or it is abandoned:
In these situations, you will not be responsible to pay for any of your legal fees.
The defendant may decide to recover their legal fees from you. For this reason, we recommend taking out an After The Event Insurance policy to provide you with some security. Your solicitor can provide you with more details about this.
If you win your case:
Any legal fees you owe us will be paid for by the defendant.
You will also have to pay a success fee. This cannot be claimed from the defendant. The amount you will have to pay is a percentage of your total award. Because every case is different, the amount we charge will vary.
The success fee will never be more than 25% of your total award amount. We try to be fair and sympathetic to your situation. Your needs will always be taken into account when negotiating the success fee.
How can Ringrose Law help?
You have been involved in an accident which wasn’t your fault contact us, and if we feel you have a good claim. We will be able to pursue it on a no win no fee basis. So win or lose there is nothing to pay.
Ringrose Law understands what you need. The free help of a specialist personal injury law solicitors Lincolnshire, with offices in Lincoln, Boston, Grantham, Sleaford and Newark. Home appointments and video calls are also possible.
Contact us through live chat, email or phone and a member of our expert team will be able to help you.
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