No Win No Fee Claim Solicitor - Benefits Of Appointing One?
If you were not already aware of it, the world of personal
injury is awash with a new buzz-phrase: the no win no fee claim. However,
what is no win no fee and more importantly, what are the benefits of appointing
a no win no fee claim solicitor?
Origins
With the spiralling costs of Legal Aid 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 accident claims,
thereby reducing the burden on them. The alternative agreed upon and put into
operation in 1998, the no win no fee claim.
What Does It Mean?
Basically, a no win no fee compensation claim is
available to anyone who believes they have grounds to make a personal 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 fees if he actually wins the case.
Why Would A Compensation Solicitor Agree To Such An
Arrangement?
Under the law, if you win your personal injury
compensation claim, your compensation solicitor is entitled to claim his fees
and expenses from your opponent. As a result, if your solicitor believes your
case has merit, he'll be willing to work for you for free, safe in the
knowledge that he'll be paid for his work by your opponent once he wins the
case.
Is There Anything I Need To Be Aware Of?
Yes; sometimes a no win no fee solicitor will try to make
you agree to pay his fees on the grounds that you can be reimbursed by your
opponent once you win the case. However, you should keep in mind that the
courts will only reimburse you for the reasonable fee costs of your solicitor -
so if you agree to such an arrangement there is a chance that you will not be
getting 100% compensation you are rightfully entitled to.
Also, you need to keep in mind that if you lose your
personal injury claim, although you will not be responsible for your own
solicitor's fees, you may be held accountable for fees off your opponent and
even, possibly, the court's fees. So, if you are going to use the services of a
no win no fee compensation solicitor you should make sure that you ask him
who'll pay if you do happen to lose the case.
In this regard, a good accident solicitor will tell you that
they have taken out insurance to cover this scenario. If, however, your
solicitor has not taken out insurance, you should 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 company.
What Are The Benefits Of Appointing A No Win No Fee Claim
Solicitor?
Beside the obvious benefit of not having to pay for your
solicitor's services - whether you win or lose - the biggest benefit of
appointing a no win no fee solicitor is the fact that you'll receive 100% of
the personal injury compensation you are entitled to.
In other words, none of the compensation you'll be paid from
your no win no fee accident claim, will be eaten up in solicitors' fees and
costs. In turn this means that the compensation you are paid can be put 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 personal injury case they are working on, they tend to be very
good at what they do and are experts in personal injury law.
As a result, they'll most probably be able to give you the
best advice on whether or not your personal injury compensation claim has a
chance of winning.
It's easy to proceed with a no win no fee
claim and gain maximum results without the hassle, costs and
confusion. Discover the 12 revolutions of accident claims at http://www.100percent-compensation.co.uk/articles/no-win-no-fee-claim.html.
Article Source: http://EzineArticles.com/?expert=Mumtaz_Shah
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