Claiming Compensation using a No Win No Fee Claim

It is estimated that about 2.5 million people in the UK sustain accidental injury every year through accidents such as a road traffic accident, workplace or public place accident as well as a slip, trip or fall.

Sustaining a personal injury, which was caused from aspects such as the above, could mean you end up facing a loss of income and independence as well as lifestyle changes, which is where claiming for compensation can help you. You have a legal and civil right to make a claim for compensation after suffering injury from an accident that wasn’t your fault. This compensation will be claimed for on a no win no fee basis.

“No Win No Fee” is a term used to describe a “Conditional Fee Agreement.” It is an agreement that is set out by a personal injury lawyer where he or she agrees to work for you for no fee. Once you sign a “no win no fee” agreement or “conditional fee agreement” your lawyer will not ask for any fees, nor will you have to pay any.

Although you will not have to pay any legal fees to your lawyer you may have to pay for disbursements. Disbursements are expenses such as doctor’s fees, medical records or witness charges, which you will need to back up your claim for compensation; however a lot of accident claim layers will defer payment of these fees and not request these expenses up front.

The beauty of the no win no fee system is that it means everyone is eligible to claim for injuries caused by an accident that was not your fault. In the past, before 2000, in order to make a claim for compensation you could apply for Legal Aid or Public Funding to help you, but only if your income was below a certain level. Those on higher incomes would not qualify for Legal Aid, so would have to fund the legal case themselves. This put a lot of people off as lawyers are not known to be cheap but thanks to the introduction of the no win no fee system anyone who wishes to pursue an accident claim can do so without the worry of the cost of legal fees. This agreement has been very successful in providing compensation for innocent accident victims.

With a no win no fee agreement you will keep 100% of the compensation that you are awarded and your solicitor’s fees will be recovered from the other side. Even if your claim for compensation is unsuccessful you still won’t have anything to pay as you will be covered by what is known as after event insurance, which is taken out on your behalf by your solicitor. This after event insurance will mean the compensation awarded to the winning party is covered as well as their solicitor’s fees.

No win no fee claims make it easy for anyone who has suffered from an accident due to no fault of their own to bring a claim forward. So if you are suffering personal injury due to the negligence of another person then get in touch with a personal injury solicitor today to get your claim started.

Help with Your Claim are Personal Injury specialists who work on a No Win No Fee basis. So to start your compensation claim with the best, get in touch with us today.
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Source: http://www.financealley.com/article_663909_18.html