No Win No Fee – Advice From An Expert
September 8, 2010 by Mark Walters
Filed under Finance
Some legal cases only require payment upon success. This means that if your case is lost, you may not have to pay a fee to your lawyer. However, if the lawyer wins the case in court, then he or she is paid. This fee is generally known as a success fee and is generally a percentage of the total amount of money recovered. These cases are almost always personal injury cases. If you are considering filing a no win no fee legal claim, consider this information first.
Not all legal cases will qualify for no win no fee plans. Lawyers don’t want to work for free, and they will generally only take on cases that they feel have a good chance of winning. While most of these cases are in personal injury realm, the most common payment upon success cases are specifically wrongful death, injuries at work, medical claims like malpractice and accident claims including bike, train, plane, boat or other types of accident. In these cases, your lawyer will try to prove that someone else’s negligence resulted in injury and will seek monetary compensation for the damages caused. Very few cases overall qualify for the payment upon success option.
If you think that you have a case that will qualify for a payment upon success claim, you will want to talk with a lawyer to find out for sure. Often attorneys offer a free consultation where this can be determined. As you talk with the lawyer, he or she will analyze your case and see if they think you will win. If the lawyer thinks you have a case, he or she may offer to complete your claim as no win no fee. Make sure you are comfortable with the lawyer you choose, as his or her skills may ultimately determine the outcome of your claim.
Another aspect that you will need to be aware of when preparing a no win no fee claim is that you will need to gather together all the relevant evidence and documentation. Keep this evidence in a safe and secure place. You will need items like hospital records, receipts and prescriptions for medicine, receipts for other treatments, records of lost work time, etc. All of this evidence should be carefully collected. Also be sure to contact your doctor and grant your lawyer access to your records.
Finally, you need to be aware that while you may not be paying attorney’s fees unless you win, you may be responsible for other fees no matter the outcome. These other fees include filing fees, court fees and possibly witness fees. These fees can end up being quite a lot of money, so set some funds aside so that you can cover them should the need arise. Choosing a great lawyer is important to ensure your victory and a settlement for your injury.
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