No Win – No Fee Explained
The expression No Win – No Fee is often used in personal injury cases. It is used as a way of funding a compensation case where the accident victim does not have the means to pay the costs involved as the case progresses. A number of solicitors are prepared to handle personal injury cases on a No Win – No Fee basis but very few are able to offer their clients complete protection if the case is unsuccessful. In that event, the client could end up being liable for many thousands of pounds in legal expenses. Digby Brown, with its own funding company, Compensate, provides a complete litigation funding and indemnity package. This allows claimants to litigate with no financial risk. If the case is successful Compensate is entitled to charge a success fee expressed as a percentage of your damages. The percentage which Compensate will charge depends on the degree of risk involved. If the case is unsuccessful Compensate pays all your legal expenses and those of your opponent – you pay nothing.
The expression No Win – No Fee is often used in personal injury cases. It is used as a way of funding a compensation case where the accident victim does not have the means to pay the costs involved as the case progresses. A number of solicitors are prepared to handle personal injury cases on a No Win – No Fee basis but very few are able to offer their clients complete protection if the case is unsuccessful. In that event, the client could end up being liable for many thousands of pounds in legal expenses. Digby Brown, with its own funding company, Compensate, provides a complete litigation funding and indemnity package. This allows claimants to litigate with no financial risk. If the case is successful Compensate is entitled to charge a success fee expressed as a percentage of your damages. The percentage which Compensate will charge depends on the degree of risk involved. If the case is unsuccessful Compensate pays all your legal expenses and those of your opponent – you pay nothing.
