This entry was posted on Thursday, June 17th, 2010 at 1:38 pm and is filed under No Win No Fee, Personal Injury Claims. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
Starting a No Win, No Fee Claim
A ‘no win, no fee’ personal injury claim allows you to receive compensation for any injury suffered as a result of negligent behaviour. This could be a car accident, wrong diagnosis by a doctor or hospital, or an injury sustained at work.
However, due to misinformation there are a number of misconceptions surrounding a ‘no win, no fee’ personal injury claim agreement.
The most important thing to remember is that if your claim is unsuccessful you are not liable to pay a penny towards your solicitor’s fees. Fees are what you pay the solicitor for the use of his expertise and knowledge and these fees are normally charged at an hourly rate.
Costs, on the other hand, is the amount of money charged for such things as medical records, the payment due to the court where your case is heard and After the Event insurance.
It is worth your while to ensure that your no win no fee solicitor will cover all costs incurred throughout the length of time it takes to settle your claim for compensation.
Furthermore, if it has been previously agreed with your personal injury solicitor that After the Event insurance was necessary, then this cost will be covered by the negligent party.
This means that even if you lose your claim, the opposing solicitor is not able to take any money directly from yourself. Instead, your insurance policy will cover his costs and fees.
By ensuring that you are fully aware of the personal injury agreement in place, it will result in you pursuing a claim for compensation against a negligent party at little or no cost to yourself.
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