With No Win No Fee explained, it may not be a surprise that many personal injury solicitors work on a “No Win No Fees” basis, but then if you do not understand the difference between the real and the “could be” meaning of the term then you will have to face the consequences of paying a fee should you have already committed to a CFA form.
CFA is known as the Conditional Fee Agreement. This is the No Win No Fee agreement form that is signed by you. It is the form that is sent to you once an injury claim is prepared. As soon as our best No Win No Fee solicitors believe that you are ready to claim for compensation, the CFA form is sent to you. Read carefully before you sign and if are unsure about anything, then please ask us. We are always happy to help.
It is known in the claiming industry of people signing up to CFA agreements with No Win No Fee lawyers, only to find that their case has been dropped by the appointed legal team. Often, it appears that after learning of an applicant’s previous misfortunes where the chances of success is lessened, the file is not pursued.
It is not our intention to waste your time or ours, so we do ask about any previous injuries or accidents that may affect your claim. If you feel that this piece of information has been omitted from the start, then it is in your best interest to disclose it to our lawyers.
Another downside or pitfall depends on your perspective of paying for services. A No Win No Fee lawyer takes the risks with any case accepted and will have to pay the client’s legal charges if they are unsuccessful. However, if a claim is successful then a success fee is payable from the compensation awarded.
Definitely, the legal costs of pursuing for damages are high. Yet, if you were unable to claim due to the payment barrier, then you would not get any sum awarded. On the other hand, for a relatively small fee you are able to gain monetary advantage for your losses. In our opinion, that is still a benefit for you without the risk of being invoiced for something that never materialised.
Claim With No Win No Fee LawyersI submitted a medical negligence claim for my heart operation under the No Win No Fee agreement. However, I was advised to cease from pursuing the claim for damages as new evidence produced from NHS substantiated their procedure in question. Luckily, as I took the advice from 101% Compensation, there were no extortionate fees to pay.
I appreciate Mark explaining to me about how the CFA works. I was happy to take it out once I understood the principle behind it. I was not sure I would get compensation for my trip accident, so I was pleasantly surprised that I won my personal injury claim and got a substanstial amount as well. Well done guys!