What is a no win – no fee agreement, and how does it work?
No Win – No Fee agreement is also known as a Conditional Fee Agreement (CFA).
No Win –No Fee agreement is a legal cost agreement between a solicitor and a client. With a no win- no fee agreement, a solicitor takes instruction from a client without upfront fees. The solicitor receives their cost from the defendant, also known as a third party or their insurance company, based on the value and settlement stage of the case. The winning solicitor takes a percentage (also known as the success fee) of the client's compensation for the risk upon successful settlement of the claim. The client is not liable to pay any cost in case of an unsuccessful scenario, provided the client has complied with the terms and conditions of the agreement.
Please note that not all solicitors accept no win- no fee agreement, and not all cases meet no win – no fee agreement criteria. For the solicitor to accept instruction on a no win- no fee basis, the claim should meet a minimum threshold value and more than a 50% prospect of success.
Please find below a list of commonly asked questions about the no win – no fee agreement. If you have a question that isn't answered here, please call us on 0333 600 9250.
Frequently Asked Questions
1. Do I have to pay an upfront fee?
You are not required to pay an upfront fee.
2. Do I have to pay anything if I lose?
You are not required to pay, provided you have complied with the terms and conditions of the agreement.
3. Do I have to pay any fee if I win my claim?
Your solicitor will deduct a percentage (typically 25%) of the compensation upon settlement of your claim.
4. Do I have to pay for expert reports and court fees?
You are not required to pay for expert reports and court fees unless the prospect of success falls below 50%. Should this happen, your solicitor will advise you to withdraw the claim without paying any cost or continue the claim at your own risk.
5. Why does the No Win- No Fee agreement says that the client is liable to pay fees?
Solicitors act for the client, who is ultimately responsible for their fees. With a no win – no fee agreement, the client is entitled to seek recovery of legal costs from the defendant; therefore, solicitor requires the client's consent to recover their fees from the defendant or their insurance company. If you have been involved in a motorcycle accident and considering making a claim, you may have questions about the fault, compensation amount, solicitor charges, disbursements or the third party costs; you can speak to us on 0333 600 9250 or by completing an online enquiry form.
We cover all motorcycle brands, including the following
Honda, Yamaha, Kawasaki, Suzuki, Triumph, BMW, Harley Davidson, Ducati, Aprilia, Peugeot, Piaggio, Royal
Enfield, Lexmoto, Wasp, Gilera, Sym and many more
Call us on 0333 600 9250, request a free call back or claim online
