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How much does it cost to make a personal injury claim?

We specialise in helping victims of injury claim the compensation they deserve. Here is everything you need to know about the financial costs of making a claim.

Compensation Claim Cost Payment Funding

The cost of making a claim for personal injury compensation is something clients want to know before they commit to anything. We understand; the idea of hiring a personal injury lawyer is likely to be an expense you have never had to consider. But the good news is that there are a variety of options that make it affordable for everyone.

Ways to Pay for a Compensation Claim

The cost of a compensation claim includes not only your lawyer’s fees but also incidental charges. These include the expense of an independent medical report, travelling expenses, if your claim goes to court, and barrister’s fees. Some personal injury solicitors charge by the hour while others may offer a flat fee for a particular type of compensation claim. The three most important ways people afford their legal costs are through a conditional fee agreement, with an insurance payment or, in a small number of claims, with assistance from their trade union.

A conditional fee agreement is also known as No Win No Fee* and it is one of the services The Compensation Experts offer our clients. With a No Win No Fee agreement, you do not need to pay the cost of your legal fees if your claim is unsuccessful, though you may still be liable for some of the incidental expenses of your case. If you win, your solicitor will take part of your compensation payment to cover their fee.

If you do not meet the criteria for a conditional agreement, or you prefer to pay your legal expenses separately and keep the full amount of compensation for yourself, you might choose to cover your legal costs with an insurance policy. Some clients already have legal protection as part of their home or car insurance, while others take out After the Event (ATE) insurance instead.

If you have an accident at work, then you may be able to access legal support through a trade union you are a member of.

How Do Solicitors Get Paid?

When lawyers offer clients a conditional agreement contract, they only do so when they have looked into the claim and believe there is a chance it will succeed. They take the risk that, if their client doesn’t get paid compensation, they lose the billable hours they have spent on the case.

If your compensation claim is successful, then the bulk of your lawyer’s costs will be paid for by the insurance company of the losing party. Your lawyer’s success fee is from your compensation payment as a percentage rate you agreed with them at the start of the claim. Standard fees for successful claims are 25% of the compensation you receive.

Contact The Compensation Experts today if you want to know more about our No Win No Fee* agreements, or you have any other questions about making a compensation claim for personal injury.

*conditions may apply

Personal injury claims: how much do they cost?

When making any personal injury claim, whether it’s for a road traffic accident, fall, or anything else, there’s a lot that will be going on.

It’s a stressful, often painful time, so the last thing you want to be worrying about on top of everything else is the costs associated with hiring a qualified solicitor; an expense that most people have likely never had to consider.

The cost of making a claim is often something clients want to know well before they commit to anything. No one enjoys sudden upfront costs or additional unexpected fees. That being said, the cost of making a personal injury claim will vary depending on numerous aspects, such as what type of personal injury claim you’re making, and whether it goes to court or not.

How much do solicitors charge?

There isn’t a fixed rate for how much personal injury lawyers may charge. Some will charge by the hour, while others might offer a fixed rate or flat fee depending on the type of claim you’re making. On top of this, their overall cost will also be based on a variety of additional factors, including but not limited to:

  • The cost of any requested accident reports
  • The cost of requesting copies of any medical reports
  • Barrister fees if the case goes to court
  • Travel expenses

Alongside this, many solicitors might ask for a success fee for personal injury claims. A success fee is a percentage of billable work related to the complexities and risks relating to your specific case. This means that success fees will vary from case to case, but they will always be agreed upon before you agree to begin the claims process. Naturally, a success fee will only be paid if your claim is successful.

While this might seem a lot to bear in mind, in many cases you won’t have to pay a solicitor’s fee in full. A large portion of the legal expenses may come from payments made by the opposing side’s insurers and there are a variety of options that make hiring injury lawyers affordable for everyone, regardless of their circumstances.

Ways to Pay for a Compensation Claim

Generally speaking, there a three main methods people can use in order to cover the costs associated with their legal expenses:

  • A conditional fee agreement
  • An insurance payment
  • Assistance provided by their trade union

Starting with the first and most common option, a conditional fee agreement is also known as a no-win, no-fee agreement*. When you opt for a no-win, no-fee agreement, you won’t need to pay a single penny of your legal fees if your claim proves unsuccessful, though you may still be liable for some of the incidental expenses of your case. However, If your case is successful, you will be required to cover some of your solicitor’s legal expenses.

If, on the other hand, you dont meet the criteria for a conditional agreement, or you prefer to pay your legal expenses separately and keep the full amount of compensation for yourself, you might choose to cover your legal costs with an insurance policy. Some clients already have legal protection as part of their home or car insurance, while others take out After the Event (ATE) insurance instead, ensuring that they have the funds to cover any legal costs should a personal injury occur.

Finally, if you’re unfortunate enough to experience an accident at work, then you may be able to access legal support through any trade union you are a member of who can cover most if not all of the legal fees for you.

What percentage do solicitors take for a success fee?

As stated, when you agree to a no-win, no-fee agreement, the resulting success fee from any successful claim will be taken from your compensation in order to cover their fee. This is due to changes in the law made in April 2013 that no longer allow success fees to be recovered from the defendant, requiring you to cover them instead from any compensation you receive.

The fees asked for by your solicitor will vary based on case type, but if it is a case that our solicitors can take on, the legal team will explain the fees associated with your case and any additional VAT. Of course, if your case is unsuccessful, it won’t cost you anything.

Here at The Compensation Experts, we give every claim the time and consideration it deserves.

Contact our expert team today to see if you’re eligible to make a claim, what that claim might cost, and everything you need to know about our no-win, no-fee agreements. You can also read some of our more frequently asked questions regarding the claims process right here.

*Conditions may apply

 

    Start by speaking to our expert team now and find out how much your claim could be worth...

    Am I eligible?

    If you have been harmed physically in the last 3 years, due to someone else’s negligence, the short answer is yes.

    Exceptions to this are for instance industrial disease or if you were a child at the time of the accident. In these cases you may then have a longer period to claim.

    Find out more

    How much could I claim?

    As every injury is different, the amount of compensation paid out can also differ case to case. Varying factors lead to the final figure. These include: extent of your injuries, loss of earnings, future losses and more.

    Our dedicated team of experts will give you an indication of how much you could potentially claim for.

    Find out more

    How does the process work?

    We understand that when making a claim it’s important to know what to expect and when to expect it. That’s why we make the process as transparent & clear as possible.

    Your solicitor will gather all the evidence. They will then notify the negligent party that you wish to begin claim proceedings. With your solicitor negotiating on your behalf, you will be up to date every step of the way.

    Find out more