No Win No Fee Solicitors

In the current age of customer satisfaction and support, the no win no fee agreement has immensely helped the customer of medical services gain support and assistance. For people who don’t understand the term or have a few misunderstanding about it, here is what it means. The No Win No Fee is the term used to describe the Conditional Fee Agreement or CFA between a law firm and their client. In any claim, commercial or personal injury, this is mostly an agreement between the client and their attorney, which will enable the attorney to take on a case on the understanding that if the case is lost, the client will not have to pay their attorney’s or lawyer’s costs, but will still be responsible for the defendants costs if the case is lost. This is a huge bonus to the customers of the current day and age.

However though, if the case is won, they will be entitled to their standard fee plus a commission normally referred to as a success fee. In English law, the success fee cannot be greater than 100% of the lawyer’s standard fee.

If the client wins the case, either the courts or the losing party will have to pay up an award for the damages. In addition to the lawsuit amount, the defendant will be required to pay the client's legal costs including any uplift of lawyer fees and success fees as well as expenses.

There are also ways to protect a client from an adverse cost order. This means having to pay the costs and fees of the defendant if the client is not successful in winning the case. In such a case, a solicitor can purchase an After the Event Insurance or ATE. The ATE is the term used to describe a type of funding document, which is normally obtained by a lawyer acting on behalf of their client. This is generally covered at the outset of a claim, when a Conditional Fee Agreement is agreed upon. The ATE insurance is designed to protect the client from the risk of legal costs and disbursements of the defendant and generally covers the clients own disbursements if the case has the following outcomes - discontinued, lost at trial or any disbursement shortfall even if the client wins. During this an admission of liability still leaves the client at risk to cost orders. The solicitor clients need to be aware that if they lost their case or a solicitor has discontinued their case and the client was not advised of ATE insurance then there could be a potential claim against the client’s solicitor for negligence. These are the facts surrounding no win no fee solicitors.