Understanding 'no win no fee' claims
The phrase ‘no win no fee claims’ is often used by solicitors, but do people really understand what it means? At Ashton Morton Slack our aim is to help people who are suffering due to the negligence or irresponsibility of others. A key aspect of our commitment to our clients is helping them understand the various aspects of the claims process. To help people understand what a ‘no win no fee’ claim really means we have put together this short guide.
The technical name of a 'no win no fee' claim is a conditional fee agreement or CFA. Under this type of agreement Ashton Morton Slack solicitor's will take on your case on the understanding that if we do not win your claim then we will not get paid.
If your claim is successful and you are awarded compensation we also guarantee that you can keep 100% of your compensation claim award. Ashton Morton Slack will not take a percentage of your much-deserved compensation.
This obviously raises the question – How do Ashton Morton Slack's solicitors get paid; they are not a working for free after all?
In the vast majority of cases where our solicitors work under a 'no win no fee' agreement we claim our costs from the other parties insurance company. For example, if you were injured in a road traffic accident it is likely that we would handle your claim under a 'no win no fee' agreement. If we were successful in proving the other party was liable for the injuries you have suffered, then their insurance company would pay suitable compensation for these injuries to you, as well as our solicitor's fees. You keep 100% of your compensation payment.
To find out more about 'no win no fee' claims, or to see if Ashton Morton Slack could handle your case in this way please call our personal injury solicitors in Sheffield on 0114 275 2888.