No Win No Fee Claim Solicitor - Rewards Of Appointing One?
byon 07-18-2012 at 06:59 AM (115 Views)
"If you were not already conscious of it, the globe of personal injury is awash with a new buzz-phrase: the no win no fee claim. However, what is no win no fee and far more importantly, what are the benefits of appointing a no win no fee claim solicitor?
With the spiralling costs of Legal Help swamping the UK treasury, the UK Government decided that the time has come to introduce a new method by which compensation solicitors could be paid for individual injury claims, thereby lowering the burden on them. The alternative agreed upon and place into operation in 1998, the no win no fee claim.
What Does It Mean?
Essentially, a no win no fee compensation claim is available to anyone who believes they have grounds to make a individual injury claim for compensation. Under this conditional fee arrangement, an accident solicitor representing you in a personal injury claim is only entitled to be paid his charges if he actually wins the case.
Why Would A Compensation Solicitor Agree To Such An Arrangement?
Under the law, if you win your individual injury compensation claim, your compensation solicitor is entitled to claim his charges and expenses from your opponent. As a result, if your solicitor believes your case has merit, hell be willing to work for you for cost-free, safe in the information that hell be paid for his work by your opponent as soon as he wins the case.
Is There Anything I Want To Be Aware Of?
Yes sometimes a no win no fee solicitor will try to make you agree to spend his charges on the grounds that you can be reimbursed by your opponent once you win the case. Nonetheless, you should keep in thoughts that the courts will only reimburse you for the affordable fee expenses of your solicitor so if you agree to such an arrangement there is a chance that you will not be obtaining 100% compensation you are rightfully entitled to.
Also, you need to keep in mind that if you shed your personal injury claim, although you will not be responsible for your personal solicitors fees, you may be held accountable for charges off your opponent and even, possibly, the courts charges. So, if you are going to use the solutions of a no win no fee compensation solicitor you really should make confident that you ask him wholl spend if you do happen to lose the case.
In this regard, a excellent accident solicitor will tell you that they have taken out insurance to cover this scenario. If, nevertheless, your solicitor has not taken out insurance, you ought to urge him to do so as solicitors and court fees are expensive and can easily be covered with a minimal premium paid to an insurance coverage company.
What Are The Positive aspects Of Appointing A No Win No Fee Claim Solicitor?
Beside the obvious benefit of not getting to pay for your solicitors services whether you win or lose - the largest benefit of appointing a no win no fee solicitor is the fact that youll receive 100% of the individual injury compensation you are entitled to.
In other words, none of the compensation youll be paid from your no win no fee accident claim, will be eaten up in solicitors fees and fees. In turn this indicates that the compensation you are paid can be place to good use that it was intended for compensating you for the personal injury YOU suffered.
In addition to the above, because no win no fee solicitors are only paid on the basis that they win the individual injury case they are working on, they tend to be really good at what they do and are professionals in personal injury law.
As a result, theyll most almost certainly be able to give you the very best assistance on no matter whether or not your personal injury compensation claim has a chance of winning. <a href=http://www.kandkpc.com/accident-law-firm/denver-accident-lawyer/>denver accident lawyer[/url]"