Compensation Claim Cost Payment Funding
The cost of making a claim for personal injury compensation is something clients want to know before committing 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 is a variety of options that makes 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 such as the expense of an independent medical report, travelling expenses and if your claim goes before a judge, 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 typically referred to as No Win No Fee* and it is one of the services The Compensation Experts offers our clients to make claiming compensation affordable. 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 associated with your case. If you win, part of your compensation payment will go to your solicitor 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 retain 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 opt to take out After the Event (ATE) insurance instead.
If you are injured in an accident at work, then you may be able to access legal support through a trade union you are a member of.
In England and Wales, Legal Aid is only available for personal injury claims made on behalf of children who suffer a brain injury due to an accident or negligence while in utero, during childbirth, or within the first eight weeks of their life.
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, and this amount is usually around 25%.
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
Need some help?
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 you may have a longer period to claim.
How much could I claim?
As every injury is different, the amount of compensation paid out can differ case to case. Varying factors lead to the final figure include: extent of your injuries, earnings missed out on, future losses and more.
Our dedicated team of experts will give you an indication of how much you could potentially claim for.
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 and will notify the negligent party that you wish to begin claim proceedings. With your solicitor negotiating on your behalf, you will be keep up to date every step of the way.
Why should you use us?
No Win No Fee*
We assess all claims on a No Win No Fee basis, then we can determine how successful a claim is likely to be. This service is 100% free.
We assess each claim on its merits with the information provide, which aids us determine its likely success rate.
Our dedicated panel are experts in securing compensation no matter the injury.
Our personal injury solicitors are committed to securing the best possible outcome for you while providing expert support every step of the way.
Personal Dedicated Solicitors
Each client is provided with their own Personal Injury solicitor who will work on the case from start to finish, being there every step of the way. The client will be provided with a direct phone number and direct email address of the solicitor.
Expert no win no fee solicitors working for you
We specialise in helping victims of injury claim the compensation they deserve.
We work on a No Win No Fee basis, meaning if we don’t win your case you don’t pay! Once you make contact, our experienced team will work to recover the maximum compensation you are entitled to.