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First4Lawyers are an award-winning claims management company. Their No Win No Fee lawyers will take a success fee from compensation awarded in winning cases – this is typically 25% but could be more depending on your circumstances.

The Basics

No win no fee solicitors are available for people in and around Great Wyrley, but this kind of agreement is not automatic and is not used for every legal problem. For personal injury and medical negligence claims, it usually means the solicitor’s payment depends on whether the claim succeeds, with any success fee and possible deductions explained in the paperwork before work begins. To find out whether this route may be available for your situation, you can get a free consultation with First4Lawyers, who can help match Great Wyrley enquiries with a suitable no win no fee solicitor where appropriate.

If you are searching for Great Wyrley no win no fee solicitors, it is understandable to want plain answers before sharing personal details. People nearby may be comparing options around Great Wyrley, Cheslyn Hay, Walsall or Cannock, or simply trying to understand whether a claim can be considered without paying standard legal fees upfront.

Conditional Fee Agreements

No win no fee is a common UK phrase for a Conditional Fee Agreement, often shortened to CFA. In broad terms, a CFA sets out when the solicitor is paid, what happens if the claim succeeds, and what costs may still need to be considered if it does not. In many UK personal injury claims, the success fee is commonly described as up to 25% of certain parts of compensation, but the exact wording of the agreement matters and other claim types can work differently. A no win no fee arrangement can reduce the worry of paying standard legal fees at the start, but it is still worth understanding terms such as disbursements, insurance, deductions and the circumstances in which costs might arise. Family and criminal cases are not usually handled through this type of CFA.

Types of Cost Components 

When comparing the benefits and possible drawbacks of a No Win No Fee Agreement, the most useful step is to look past the headline phrase and check how the agreement explains each cost, what the percentage is calculated on, and whether insurance or other expenses are mentioned:

  • Basic Charges or Standard Fee – Fees associated with legal work done on behalf of a client.  Typically based on the number of hours spent and hourly rates associated with the staff involved with case. Different lawyers in Great Wyrley will have different fees for their day-to-day work, and these can vary between practices, and between qualified solicitors within a practice.
  • Disbursements – Payment for expenses made on behalf of the client including but not limited to court fees, experts’ fees, accident report fees and travelling expenses.
  • Success Fee or “Uplift” To compensate for the cost of lost cases, lawyers typically are allowed to add a success fee or ”Uplift” in the CFA.   This is usually a percentage (not more than 100%) of a lawyer’s basic charges that is added to a client’s bill for which they will seek to recover from the other party if they win the claim.
  • After the Event (“ATE”) Insurance Premium – Cost of Insurance as part of a no win no fee agreement to indemnify the costs and disbursements of the lawsuit.  Usually purchased at or after the start of the litigation process.

Advantages and Disadvantages

Advantages

  • Because the cost to the client is linked to the outcome of the case.  For an unsuccessful case, there is the possibility that the client pays little or no cost.
  • Required disclosure of a CFA to the other party may encourage earlier settlement as the other party’s cost will increase in line with the level of the success fee.
  • Any damages awarded to the client will not be eaten up by the success fee, as the success fee will in most cases be payable by the opponent.

Disadvantages

  • There is no privilege, nor privacy attached to the funding arrangement in place. The existence of the CFA must be disclosed to the other party at the outset of the litigation and the risk assessment has to be disclosed to the court and if necessary to the other party when costs are assessed.
  • A CFA gives the lawyer a financial interest in the litigation and because of this they are inclined to take control of the strategy and resolution of the litigation.
  • Unless the client buys ATE to cover the winning party’s costs, the client is still at risk to pay those costs.

For reassurance about a particular firm or individual solicitor, you can search the Solicitors Regulation Authority website, which lists law firms and people regulated by the Solicitors Regulation Authority. If you would rather start with a general conversation about a possible no win no fee claim from Great Wyrley, you can also visit our partner First4Lawyers for a free no-obligation chat.