When you have had an accident or require a solicitor for a compensation claim or for any other reason then its without a doubt that we all go for no win no fee solicitors. The word no win no fee has become so famous now but we need to understand exactly what they mean by this.
What is No Win No Fee?
No win no fee is exactly what it says - which means if you dont win your case then no fee is charged and if you do win then a fee will be charged.
Above I have bolded the word fee as this is the part which I want all of us to concentrate on. One of the most important questions that we will need to ask ourselves is how much the fee is.
Now if you are going to win a compensation or a road traffic accident claim and the solicitor charges you a 50% fee of the payout then that is a huge sum to give them. I mean if you got paid out £10K then you will be giving £5K to your solicitor.
If you ask me then this isnt on.
No win No Fee - Win No Fee
I hope the above heading makes sense. If it doesnt then let me explain. We have solicitors who will not charge a fee even if you win your case.You must be asking how this can be done!!
Our solicitors fight for our clients and do not charge a penny. Rather then the solicitor charging you they will actually charge the 3rd party. So for example if you have had a accident at work then the solicitor will get compensation from your employer and also pass over the solicitor charges to your employer as well. Dont forget that your the innocent one and you wouldnt of been able to claim the compensation without a solicitor so its only fair if you get to keep your full compensation and pass down the solicitor charges to your employer.
The same is for motor traffic accidents. You will get to keep 100% compensation and all the fees for the solicitors will be paid by the 3rd party. So if you had a whiplash claim and was awarded £7000 by the courts then you will see the full £7000
