...in No Win No Fee Agreements
Not all "No Win No Fee" agreements are the same, here are some handy tips and advice on what to look out for and how to compare these type of agreements
1. Read the small print.
Read the small print and be absolutely clear what you are agreeing to before you sign a 'No Win No Fee' Agreement.
2. Check out what the cost is to you if your claim is unsuccessful
The essence of every 'No Win No Fee' claims agreement is that should your case be unsuccessful you will not be required to pay the lawyers fees. Many agreements however have hidden costs or serious stings in their tails.
3. Are you required to pay Outlays?
Some agreements will provide that while in the event of you being unsuccessful you will not be required to pay the lawyers fees, but you will still be required to pay the outlays incurred running the case. These outlays will include court dues, the cost of recovering multiple medical records and often more than one medical report. They will often include the cost of an engineer and other expert reports.
The cost of these outlays will always be extremely large, often amounting to more than the lawyers' fees.
4. Check out what the cost is to you if your claim is unsuccessful
The essence of every 'No Win No Fee' claims agreement is that should your case be unsuccessful you will not be required to pay the lawyers fees. Many agreements however have hidden costs or serious stings in their tails.
5. Do they take a percentage of your claims compensation?
Check the agreement to ensure that if your case is successful you will not be required to pay a percentage of your compensation or damages to the Claims Company or Solicitor.
It is very common to see percentage claims companys making deductions of 20%, 30% and even 40% from your compensation.
To get free advice call our No Win No Fee Lawyers today on 08000 89 13 31 or fill out the form below.