‘No win no fee’ accident compensation service came into effect when legal aid was entirely replaced by the 1998 CFA (Conditional Fee Agreement). This agreement ensures that a claimant is only liable to reimburse the injury claims solicitor’s expenses and fees only if they win the injury compensation case. More significantly, the losing party will pay this fee only. You do not need to pay your injury claims solicitor’s fees if you lose the compensation claim.
A CFA is a legal contract between an injury claimant and the injury claims solicitor. This contract includes all the terms and conditions which both you and your claims solicitor must be in agreement upon. No win no fee claims are usually used for paying personal injury cases, like car accident claims, whiplash injuries, trips and slips and accidents at work. Once a claimant wins the injury compensation claim case, they will obtain 100% of the compensation amount without any extra or unseen costs. The losing party will reimburse the solicitor’s fees.
Everyone has a civil and legal right to claim compensation after an accident if it can be proven that it was the fault of a third party. If a claimant wins an injury compensation claim case, under a CFA, they should receive 100% of the compensation amount without any hidden costs (unless the agreement is otherwise) and the losing party will recompense the solicitor’s fees.
If you were involved in an accident that was not your fault the first thing that you should do is to consult an injury claims solicitor. They will be able to guide you properly. Personal injury accident claims may not always go to court to be settled and the claimant may not need to wait long before any compensation is awarded because the claim procedure normally starts immediately. This process of claiming for personal injuries requires both the 2 sides involved agreeing on the liability for the accident and deciding the damages to be awarded. By agreeing an out of court settlement this also cuts down the number of injury claims court cases.
It’s estimated that 25 million are accidentally injured every single year and many victims are able to claim compensation for injury and loss of earnings. In the past It used to be a very long procedure to receive a compensation award for an accident that wasn’t your fault. Thanks to “no Win No Fee” conditional fee agreements; it’s now much easier to claim for any injuries that may have occurred.
For more information about no win, no fee accident claims, visit Clear Law Online and get professional legal advice from experienced accident claims solicitors.