Funding your case.
We currently provide free initial advice on all case types.
In all cases the solicitor will work on a conditional fee agreement basis (CFA), which is also known as the ‘no win, no fee’ agreement.
We also have to purchase After the event insurance. This insurance covers any disbursements that need to be incurred during the running of your case. Some examples include obtaining a medical report on negligence, obtaining your medical records, Barristers fees and court fees.
If your case is not successful the insurance would cover the cost of the disbursements.
The insurance is split into two part. The smaller part is deducted from your compensation at the end of your case and you will be advised of the cost of the insurance as and when this in purchased to fund your case. No payment is required from you and the premium is deferred until the end of the case. The other part is recovered from the defendants at the end of your case.
This means that if the case for compensation is unsuccessful, the injured person will not have to pay the legal costs for the investigation.
If the compensation claim is successful, then reasonable legal costs and a portion of the legal insurance premium will be paid by the Defendant in cases involving medical negligence.
The injured party will have to pay their solicitor’s ‘success fees’ from their compensation settlement and a small part of the insurance premium (to be advised when the insurance is taken out).
The success fee would be no more than 25% (plus VAT if applicable) from the fee awarded for general damages and other financial losses.
In cases involving a Road Traffic Accident the insurance is paid for by the client out of their compensation claim. This is not
recoverable from the Defendants.