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There are a variety of funding options available to you if you wish to claim compensation for injury arising out of an accident. You can fund a claim by any one of the following methods:
Conditional fee agreement ‘no win, no fee’
If you lose we will not charge you any legal fees. If you win, you pay us a success fee. The law changed on 1 April 2013 so that the success fee is now payable out of your compensation up to a maximum of 25% of your compensation for your actual injuries and for past financial losses.
We will offer you an insurance policy to guard against the risk that you might lose.
Legal expenses insurance
Your household buildings and contents insurance may include a legal expenses policy. This will cover your legal fees for your claim, whether or not you win or lose your case. This policy may also pay for charges that occur during the case, such as fees for doctors’ or experts’ reports.
Your Certificate of Insurance or Policy Schedule will usually state if it includes a legal expenses policy. We will need the name and address of your insurer and your policy number to request permission for us to proceed with a claim on your behalf.
If you are a member of a trade union or other similar organisation they may cover the cost of your claim.
Private fee payment (pay as you go)
If you decide to fund your claim yourself, you will be required to pay the cost of the case as it progresses, including providing a sum of money on account of the costs and charges that will be incurred. We will submit interim accounts to cover work done every three months.
If you win, you should recover the majority of your costs from your opponent. When those costs have been paid we will reimburse you for the sums you paid by on account. Please contact us for our full terms and conditions of payment.
Most clients do not choose this option.
If you would like further information please contact us on 023 9238 8021 or fill in the enquiry form.