Affording legal services for the common people had turned
into a shudder-inducing prospect with the rocketing legal fees of the
dependable solicitors of the nation. Owing to this, the claim industry had
experienced a sudden pitfall until a policy was set on the roll through the
volunteering of certain noble professionals. A personal injury solicitor is most known for the policy they operate
on. You must have heard of the no win no fee agreement that these solicitors
put up on advertisements. Even wondered what that is? Even though it’s right on
the face, people who would like to know more about it than is apparent should
continue reading.
Personal injury
solicitors have lately come up with what can be termed as legally revolutionary.
They have implemented a plan that has its rooting in the book of Bible.
Inspired by the policy of Pro Bono, the lawyers offer to work on a no win no
pay basis. This is to state that a lawyer will claim his/her fees only when the
case is won. People, out of insecurity, stand back from making a claim which
they owe the offender. These solicitors have made the game much easier for the
victims by promising to derive a deserved compensatory amount in exchange of
their money, or else no pay.
However, there is more to the agreement that a claimant
should be aware of. Even though it looks quite profitable for the claimant, you
should not go about it without knowing the whole of it. Not all http://www.personalinjurysolicitors.org/ work on this
policy and those who don’t will charge you by their normal hourly fee basis.
However, the few who do work on the Conditional Fee Agree, as they officially
call it will charge nothing on losing a case. However, they cannot prevent the
opponent from throwing a pay-back claim on you.
Moreover, a personal injury solicitor has the fee
divided into a few subparts that you might not want to overlook. If they win
your case, they owe you their fees as calculated on the previously agreed
basis. That’s not all as they will also charge you a sum of money as their
winning fees. This charge is legally permissible and the percentage can be
decided by the lawyer as long it does not exceed 100% of their fee. However, if
your lawyer wins 100% compensation for you, no payment has to be made from your
pocket as the legal expense comes included in the compensation amount.
