A no win no fee arrangement is often known as a conditional fee agreement. It's the contract between you and your no win no fee personal injury solicitor.
No win no fee means if you don't win your claim, you pay nothing to anyone - it's as simple as that.
If you win your claim, your legal team will typically make the following deductions from the compensation you're awarded:
- A ‘success fee' for winning the claim.
- The other side will usually be required to make a payment towards your legal costs and expenses, but any shortfall may also be deducted from your compensation.
- The cost of the no-upfront-fee insurance that makes your claim low-risk.
You keep the rest, and this will always be the majority of the compensation awarded to you. The deductions we list above will only be made when your compensation is paid. There are no upfront costs and no hidden charges.
Your solicitors will explain all this in detail so you know what to expect if your claim succeeds.
At the start of the claim, your no win no fee solicitors may need to take out a special legal protection insurance policy for you. It's designed to cover the costs if your claim were to fail. This no-upfront-cost insurance must always be in place just in case that happens.
They'll do this if you don't have an existing legal protection policy that has appropriate cover. This sometimes comes with your home or motor insurance or as a credit card benefit. It's a simple thing to check and your no win no fee solicitors will do so when they start work on your claim.
Because you pay nothing if you lose your case, no win no fee arrangements provide greater accessibility to accident claims. Importantly, it means you get fair access to justice if you've been hurt in an accident that wasn't your fault.
Making a compensation claim on no win no fee terms is subject to your solicitors:
- Agreeing to handle your no win no fee claim in the first place.
- Ensuring appropriate legal protection insurance is in place. This means you have nothing to pay if the claim fails.
- Judging that your claim has a good chance of success - that is, always 50% or higher.
You'll need to make sure you always stick to the terms of the insurance.
No win no fee terms sometimes won't be possible, but this is rare. If that's the case, your solicitors will tell you immediately and explain your options about what to do next.