Funding Your Personal Injury Claim

A popular way to fund a compensation claim is via a no win no fee agreement.

• How do no win no fee claims work?

  A no win no fee agreement with your solicitor means that if you lose your case, your solicitor does not get paid.

  Without a no win no fee claim, the loser normally pays the legal costs of the winner in addition to their own costs, subject to certain rules known as ‘qualified costs shifting’.

  With no win,no fee claim cases, your solicitor would agree not to charge a fee unless the case is successful.

  The risks with no win no fee claims can be limited to paying the other side’s costs if you lose, plus any ‘disbursements’ (such as the cost of expert witness reports) and Court costs. You can, however, buy insurance to cover these costs and we generally require that you do so.

  Running a legal action on a no win no fee basis with costs insurance means that as your solicitor, we are taking the largest financial risk. In no win no fee claims, if you lose we don’t get paid, but the insurance will cover any exposure to the other side’s costs and your own disbursements.

  Due to this risk, we will charge a ‘success fee’ which varies depending on how risky the case is. You will also be expected to pay the success fee from your compensation.

• Legal insurance

   

  The two forms of insurance you can buy to cover your legal costs are known as:

  • After The Event (ATE) is bought when you are in a dispute and need to cover your costs and the other side’s legal bill should you lose.
  • Before The Event (BTE) is commonly sold with house or motor insurance policies to cover your costs in the event of a legal dispute in the future.

  One of the first steps we will take in advising you on funding is to check whether you have BTE insurance cover already in place.

How our solicitors can help with your no win no fee claim

At Nelsons, our personal injury solicitors have pursued thousands of personal injury claims via no win no fee agreements. We can assist with claims for all types of injuries, including:

Compensation claims for accidents and injuries can arise from many different circumstances, so our range of experience advising on different types of accidents is very important.

Highly recommended team of experts

The team is also recommended by the independently-researched publications, The Legal 500 and Chambers & Partners, as one of the top teams of specialists in the country.

We are also members of the Law Society Personal Injury Panel – a specialist qualification held by experienced personal injury solicitors.

To find out more about making a compensation claim via a no win no fee agreement, please contact us to discuss how our team in Derby, Leicester, and Nottingham can help you. For a quick response to your enquiry, call us now or use our online chat.