What Should You Know About No Win No Fee Solicitors
No win no fee solicitors are legal experts who will help to get accident compensation claims through the legal process. This type of solicitor does not require payment in advance for any services offered. You and your chosen no win no fee solicitor will agree that no fees will be collected by him until the case is won. In cases where the case is won, you will get 100% compensation, and the losing party will pay the costs of such claim. A personal injury solicitor may also purchase an After The Event (ATE) insurance policy for you, to cover the cost of medical reports and other legal costs in case you lose the case.
Grounds of agreement for a Compensation Solicitor
As per the prevalent law, upon winning your personal injury claim, your personal injury solicitor is required or entitled to claim his fee and expenses from your opponent. In an event that the solicitor believes that your case has merit to win, he will be more than willing to work free for you, secure in the knowledge that he will be compensated for his fee and expenses by your opponent upon his winning the case for you.
Ways of protecting a client from malicious lawyers
There are also ways to protect a client from an adverse cost order. This means having to pay the costs and fees of the defendant if the client is not successful in winning the case. In such a case, a personal injury solicitor can purchase an After the Event Insurance or ATE. The ATE is the term used to describe a type of funding document, which is basically obtained by an attorney acting on behalf of his clients. This is often covered at the outset of a claim when a Conditional Fee Agreement is agreed upon.
Benefits of no win no fee solicitors
Apart from being waived from paying the solicitor’s fee, irrespective of the outcome, the larger benefit is that you will receive your entitled personal injury compensation in full. No part of this compensation goes towards the fee or expenses of the no win no fee solicitors. This compensation thus can be put to better use in full.
This kind of compensation claim is available to all such people who believe that they have grounds for a personal injury claim and compensation. In an event that the personal injury solicitor believes that your case has merit to win, he will be more than willing to work free for you, secure in the knowledge that he will be compensated for his fee and expenses by your opponent upon his winning the case for you.