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No win No Fee - Percentage charge

homi
Posts: 201 Forumite

Hi
Is there a standard percentage charge by solicitors on No win No fee cases . Does 25% sound about right or is it too high ?
Thanks
Is there a standard percentage charge by solicitors on No win No fee cases . Does 25% sound about right or is it too high ?
Thanks
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Comments
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25% is the maximum allowed, though most will charge it.
If you feel you have a decent case, you may not want to go the no win route.1 -
Deleted_User said:25% is the maximum allowed, though most will charge it.
If you feel you have a decent case, you may not want to go the no win route.
One of the large property dispute law firms openly advertise their fee as 30% for example.
Plus there is the likes of this case https://www.mfgsolicitors.com/site/blog/mfg-blog/the-real-cost-of-no-win-no-fee where the person won but the award was £300,000 less than the solicitors costs and as she won she had to pay
Before considering any form of conditional funding agreement its always worth checking if you have any legal expenses insurance that may cover the matter such as on your home insurance, from trade union etc.1 -
Thanks its an personal injury claim which my uncle has asked me to help with , he slipped on a floor in a shop where there was no signs and broke a couple of bones ending up in hospital for a week .
He said he phoned of the major players who just just referred him to an solicitor .
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That'd be best with a no win no fee, as if the shop can prove they did regular inspections and weren't made aware of the spill they're not liable.0
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homi said:Thanks its an personal injury claim which my uncle has asked me to help with , he slipped on a floor in a shop where there was no signs and broke a couple of bones ending up in hospital for a week .
Every generation blames the one before...
Mike + The Mechanics - The Living Years1 -
Thanks for the comments , he went ahead and contacted a large company advertised online who just passed his details onto a solicitor .
They sent him some paperwork to sign but is a bit concerned as it mentions " after the event " insurance and hourly charging rates ( £300 + VAT ) would this charge be in addition to the 25% fee .
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Deleted_User said:25% is the maximum allowed, though most will charge it.
If you feel you have a decent case, you may not want to go the no win route.
Thanks I think he is coming to that way of thinking as he has phoned few companies who charge a 25% winning fee which he understands but did not realise the letters medical reports would be charged aswell if he is successful ( plus VAT ) .
If they are going to charge him anyway would he not be better to pay himself now .
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