No Win, No Fee
What is a no win no fee claim with a Solicitor?
It is an agreement between a solicitor and client under which the client only pays the solicitor’s charges if the claim succeeds*. Here the risk factor falls mainly on the solicitor.
*You may also be charged a cancellation fee if you cancel your No Win No Fee claim before it has concluded.
Advantages of No Win No Fee Claims
Claimants can get a significant advantage by filing a claim without the fear of expense or any losses.
It is a way to help claimants who may not have the funds needed to pay for litigation.
The Solicitor holds all the risk.
When a Solicitor agrees to support a Claimant on a ‘’No Win No Fee’’ basis, this assures a solid outcome and thereby it becomes less distressing for the Claimant.
How a Solicitor gets paid if a 'No Win No Fee' case is successful
If we are successful in winning the claim process, you are entitled to receive 100% of the awarded compensation, then, out of that compensation amount received you can pay your fees as outlined below. We will only take a case on and pursue a claim if it meets criteria and has more than 50% chance of winning.
Fee Table
| Redress Amount | Your Service Charge (+VAT) |
|---|---|
| £1 - £1,499 | 30% up to a max of £420 +VAT |
| £1,500 - £9,999 | 28% up to a max of £2,500 +VAT |
| £10,000 - £24,999 | 25% up to a max of £5,000 +VAT |
| £25,000 - £49,999 | 20% up to a max of £7,500 +VAT |
| £50,000 + | 15% up to a max of £10,000 +VAT |
Where the claim is pursued via litigation (i.e Court Proceedings) the fee cap does not apply. In which case the law firm can charge up to 50% of the amount awarded (under a Damages Based Agreement) or an hourly rate as set out in their Conditional Fee Agreement.
Termination Fees
If you cancel your claim after 14 days the Solicitor reserves the right to charge you a termination fee, please see the Solicitor's terms & conditions for more information.