Tuesday, January 9, 2018

Personal Injury Solicitors and No Win No Fee

How do you make a No Win No Fee Personal Injury claim for compensation for your injuries from an accident that was not your fault? Do Personal Injury Solicitors No Win No Fee grow on trees? And if not where and how do you find them?

Firstly, you need to find an “experienced” personal injury solicitor who has been in practice for some time and who has both a wealth of past experience of pursuing Personal Injury Claims for compensation for injuries and has offered their clients to take them on a No Win No Fee basis.

Naturally enough any Personal Injury Solicitor will have to carry out a risk assessment of your potential personal injury claim before deciding whether the merits of the personal injury claim are sufficiently strong for them to accept it on a No Win No Fee basis. Remember that with No Win No fee agreements that only if you win your claim will you pay your solicitor fees and costs. If you lose you pay nothing. So, any Personal Injury Solicitor is going to do due diligence on your claim before offering you a No Win No Fee agreement. No Win No Fee agreements can represent a significant proportion of any personal injury solicitor’s portfolio, so it is very important to them from a commercial point of view to ensure that the risks are properly assessed. Your choice should be a firm that has an excellent record of success and also that it aims to keep it that way! In some situations they will be able to make an immediate decision for you. In others, they may need to see a report on liability from an expert witness, such as a surveyor or an accountant, doctor, consultant or another kind of expert before they can make a decision.

Once they have agreed to take your personal injury claim on under a No Win No Fee basis you will only be responsible for their fees and costs if you win your case. And because the loser is normally required to contribute towards the winner’s legal fees you can expect to recover a good proportion of those fees and costs from your opponent.

Going the No Win No Fee route can be an excellent way in which to fund a personal injury claim for compensation for your injuries. It is important for you to avoid the common mistake of thinking that it means there will be no cost to you. Win or lose, you will have a liability for part of your overall costs. Therefore, potential claimants should seriously consider whether the claim is commercially viable from the outset.

Clearly what most people forget is that if you unfortunately lose your claim for personal injury then you may well become liable to pay the other side’s fees and costs. However, your Personal Injury Solicitor No Win No Fee should be able to fix you up with an inexpensive insurance policy to cover this eventuality.

The post Personal Injury Solicitors and No Win No Fee appeared first on Personal Injury Solicitors Dublin.

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