No win no fee..!

villa2010

Hi All,

I was just wandering if you win compensation in a court hearing with a no win no fee solicitor how much % share do they usually take and would you have to pay court fees??

Thanks all

McKneff

Fees vary from company to company.

Court costs are usually paid by the losing side.
I think you are required to take out insurance in case you lose and this would pay the court costs.

villa2010

McKneff wrote: »

Fees vary from company to company.

Court costs are usually paid by the losing side.
I think you are required to take out insurance in case you lose and this would pay the court costs.

Any idea what the average % would be at a guess?

McKneff

ooo, at least 25%/33% I think.

When you think some of these PPI claims are charging 30% and more.

If you have house insurance you may have legal cover, might be as well asking their opinion first.

arcon5

Depends whether you fall for their sales carp....

100% compensation goes to you
Settlement:
£1k
Legal fees:
£2k

Although not all companies use this sales ploy and can charge very very high fees. I have a relative that used one of the claims management companies and was charged 40%.... yes, that's right.... 40% :eek:

Your best bet would be to see a 'real' solicitor (not these pesky claims management companies whose only interest is getting their cut!!!!) and ask about a conditional payment agreement.

shaun_from_Africa

(not these pesky claims management companies whose only interest is getting their cut!!!!)

They do have a lot of costs to cover.
After all, those prime time TV ad's must be costing some of them a fortune.

paddyrg

shaun_from_Africa wrote: »

They do have a lot of costs to cover.
After all, those prime time TV ad's must be costing some of them a fortune.

Joe Pasquale doesn't come cheap, y'know. Costs a fortune in Helium.

paddedjohn

shaun_from_Africa wrote: »

They do have a lot of costs to cover.
After all, those prime time TV ad's must be costing some of them a fortune.

And someones got to be paid to call me every fcukin day when im having my tea;)

Optimist

villa2010 wrote: »

Hi All,

I was just wandering if you win compensation in a court hearing with a no win no fee solicitor how much % share do they usually take and would you have to pay court fees??

Thanks all

The general principal is that the loser pays however the amount of costs depends on the judge and how generous he/she feels that day. So there may be a shortfall, a considerable one in some cases. You also need to pay disbursements i.e. barristers fees court costs etc.

There will also generally be a success fee as well as the normal fee, this to cover the risk your legal representative has taken in taking on your case this will be a percentage of their normal fees. If you want to know the specifics you need to read the CFA you sign.

If you lose there is a good chance you will be ordered to pay the other sides costs.

There are insurance policy's available to cover most if not all costs usually termed after the event policies if you haven't already got some legal cover on your house/motor policy which may cover.

CFA agreements are also only available for certain types of litigation.

saygoodbyetothese

Usually if your case is being run under a Conditional Fee Agreement and you win your case, you would receive 100% of any compensation you are awarded. The solicitor's costs and disbursements (court fees, barrister's costs etc) would be recovered from the other side, as well as any success fee. You should not have to pay anything out of your damages.

If you lose, the Conditional Fee Agreement is usually supported by an insurance policy which would cover the costs.

Ask your solicitor, that's what they're there for!