Could someone comment on this letter from a no win no fee company please.

DullGreyGuy

Rob5342 said:

RobM99 said:

"No win, no fee" companies are only going to take cases they know they can win, surely? The simpler the better for them. I'm sure some cases people can do for themselves. I could (but won't) name someone who paid £700 for the bank charges refund. I told them to do it themselves but "It all takes time" was the answer I got. Can't help some people.

Not necessarily, they could betaking a chance on some of the cases that could go either way. They are obviously going to make sure they make profit overall which will be at the expense of the client somehow.

ATE insurance typically requires that the solicitor deems there is a 60% chance of success and so not exactly a flip of a coin but not a dead cert either.

What the prospects are clearly can change through the course of the claim... what is initially presented as a dead cert can quickly become a no chance if you discover the third party gave false details or a suspect witness comes out the woodwork giving a contrary statement.