‘No Win, No Fee’ Agreement (Conditional Fee Agreement or CFA)
A ‘no win, no fee’ agreement suits the majority of clients, and I am pleased to accept cases under these terms. I can offer a free assessment to determine if your case qualifies, and I will guide you through the process.
Successful Claims
With a ‘no win, no fee’ agreement, you won’t need to worry about covering legal costs upfront. You only pay (a ‘success fee’ and a contribution toward ‘The Insurance Premium Fee’ detailed below) if we succeed in your case, with the majority of your legal fees being covered by the opposing party. In the event of success, you will receive compensation, providing funds to cover other legal expenses.
Success Fee
The Success Fee is capped at 25% (inclusive of VAT) of the damages recovered. The Success Fee only applies to damages awarded for Pain, Suffering & Loss of Amenity and past financial losses. It doesn’t apply to an award for future financial losses. Therefore, the Success Fee is often less than 25%. Depending on your circumstances and claim, I may be willing to consider waiving the Success Fee or reducing it.
Unsuccessful Claims
In case of an unsuccessful claim, you won’t be required to pay anything towards your case or your opponent’s legal fees. However, you will still be liable to pay disbursements incurred in the investigation of your claim such as medical report fees.
The Insurance Policy
In order to protect you against having to pay disbursements or adverse costs, an insurance policy is taken out. This is a self-insured policy with no upfront premium payable. This ensures that you won’t have to make upfront payments for essentials like medical expert reports. In a successful claim, the majority of the premium is paid by the opposing side with the client having to contribute towards part of the premium. In an unsuccessful claim, legal costs are written-off and disbursements are recovered from the insurance provider. The insurance policy pays its own premium and there is nothing to pay.
The Insurance Premium
The total ATE insurance premium cost and the client’s contribution will depend on the final amount of compensation you receive.
I am committed to transparency and guarantee no hidden costs. Your satisfaction, understanding and treatment are my top priority. A ‘no win, no fee’ agreement eliminates financial risk for you and ensures you receive the fairest possible outcome.
