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No win No Fee

What costs are involved for cancelling a No Win No Fee  agreement? 

Comments

  • TELLIT01
    TELLIT01 Posts: 16,937 Forumite
    Tenth Anniversary 10,000 Posts PPI Party Pooper Name Dropper
    Potentially all their costs, which can run into thousands.  Generally, once you sign up you are committed to see it through unless the solicitors decide to end the claim.
  • Jessy07
    Jessy07 Posts: 38 Forumite
    Fourth Anniversary First Post
    The claim is only just started. They have just  been in touch with ACAS.
  • TELLIT01
    TELLIT01 Posts: 16,937 Forumite
    Tenth Anniversary 10,000 Posts PPI Party Pooper Name Dropper
    edited 14 November 2022 at 6:32PM
    If you want to pull out you need to contact the firm involved without delay.  Solicitors fees are not cheap and the longer you leave it the more expensive it will be.  They may have a minimum charge.  You may also find that, should you come to a settlement with the other party they will still want a percentage of any payment.
  • DullGreyGuy
    DullGreyGuy Posts: 12,979 Forumite
    Second Anniversary 10,000 Posts Name Dropper
    Jessy07 said:
    What costs are involved for cancelling a No Win No Fee  agreement? 
    Read your contract, normally it'll be the hours worked at the stated rate plus disbursements (eg ATE insurance) and VAT. Could be hundreds or thousands depending on how long they've been working on the case etc.
  • MEM62
    MEM62 Posts: 4,912 Forumite
    Part of the Furniture Name Dropper 10 Posts
    Jessy07 said:
    What costs are involved for cancelling a No Win No Fee  agreement? 
    Whatever costs are detailed in the contract that you signed.  NWNF operators are sharks, exit costs could be considerable.  
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