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Don’t Worry If You Don’t Have Financial Aid To File A Claim Go For ‘no Win No Fee’ System
No one in the world is accident or injury proof. At some time or the other we all meet accidents and mishaps because of someone else’s fault and end up hurting ourselves. When you are at a suffering end because of third party’s negligence and sustain a personal injury, you are entitled to file a compensation claim and the advent of no win no fee system has facilitated the entire process.
There is no denying that sometime you might sustain injury due to a reckless road accident, or a careless mishap at work, or a negligent activity of someone at a street, hospital or even shopping mall might leave you hurt and distresses. In all these conditions you would want the offender to compensate but you might deter thinking about the hassles and the costs involved in the entire process. This is when the no win no fee system comes to rescue.
Also, known as the conditional fee agreement, it came into existence in UK in 1995 and since then has been very popular among the claimants. It is a very formal, legally binding written agreement between you and your solicitor. The simple rule of this agreement is that when you engage ...
... a solicitor under this agreement, you don’t have to pay your lawyer anything, no matter he wins or loses the case. However, if you lose the claim you might have to pay something to the winning party.
According to this settlement, if your lawyer wins the case, then his entire fees and expenses are paid by the offending party. And, if he loses the case you don’t have to pay him anything. But you will probably need an after event insurance, so that you can protect yourself from paying the costs and expenses of other party, in case you lose the claim. You solicitor will help you in all these legal activities and formalities, and will make the entire process as hassle free as possible.
A popular fallacy among the claimants is that if they enter this agreement then they might have to bear the expenses of the success fess of their solicitor. However, that’s not the case. Your lawyer can not ask or claim his success fess from the compensation you receive. This fees which is looked as additional fees is also paid by the faulty party. This means that you are entitled for 100% compensation and you don’t have to share anything with your attorney.
The ‘no win no fee’ system was brought in order so as to support and provide funding to people so that they could get access to courts. The structure was set so that more and more people could get justice and could fight for their rights without worrying about the financial burden. And the good part of this arrangement is that the legal representatives are seriously motivated to fight for your case and are aggravated so that you can get 100% compensation.
For more information on: No Win No Fee
Get more information on: Personal Injury Claims
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