One of the main reasons why people are dissuaded from claiming compensation for personal injury is that they are under the impression that it will cost too much. This is understandable, as in most cases taking legal action is an expensive process. In the case of personal injury claims, however, there is a fee system that allows innocent victims of accident to gain access to the justice system in this country, that involves little financial risk. This is called ‘no win, no fee.’ If you want to find out the answer to how do no win no fee compensation claims work, read on for some tips on taking advantage of this excellent scheme.
What exactly is ‘no win, no fee?’
Also called the Conditional Fee Agreement, no win no fee is a basis of paying legal fees that allows people to start a claim for compensation without paying any money upfront. It replaced the system of Legal Aid when this was withdrawn for personal injury claims in 1998, and at the same time the Citizens Advice Bureau decided to reduce the help available in sourcing a solicitor for their clients.
This left the door open for a new method of paying legal fees, and it has proved to be a very successful and efficient way to take legal action, for innocent victims of accidents. When people phone our helpline, many ask how does no win no fee work, and we are able to reassure them that it is a safe and risk-free way to make a claim.
If you are using a law firm to help you make your claim, however, it is vital to choose a company that uses this fee agreement, as there are many unscrupulous companies who will charge upfront for an outcome that has not yet been decided.
Accident Advice Helpline has used the basis of no win, no fee** since setting up in business in 2000, and are one of the top personal injury law firms in the UK today. This is partly due to the invaluable support of the hundreds of solicitors we work with who are located throughout the country, enabling us to recommend the best personal injury solicitor to our clients, wherever they live.
How do no win no fee compensation claims work?
No win no fee means that there will be no legal fees to pay when you start a claim for compensation, and you won’t have a big bill to pay if your claim is unsuccessful. This is reassuring to people who have already been through a traumatic time, and offers a stress-free way to claim the compensation they deserve.
If you are still undecided about claiming compensation, you can call our helpline on 0800 689 0500 or 0333 500 0993 for some expert legal advice, or take a look at the information on our website for an overview of the claiming process.
Date Published: 17th January 2013
Author: David Brown