If you have spent any time looking for legal representation, then you have probably encountered the phrase “no win, no fee.” It’s sometimes referred to as “no win, no pay” or “no win, no charge,” but they all mean the same thing.
The Legal Definition of No Win, No Fee
Contingent-costs agreement is the legal name for this type of service. It means that payment is contingent on successfully winning the case. It’s intended to provide an option for people with limited financial resources so that they can use the court system to become whole again after an accident or injury.
What Does “Win” Mean?
Win has a pretty broad definition. Does it mean you must win the case in court? Not necessarily. Of course, winning the case in court counts. Choosing to settle also counts. Clients should keep in mind that if they agree to a settlement, the amount may be for much less than they originally anticipated. In this instance, the lawyer’s fees will apply, and the client will have to pay.
What If I Lose?
If you lose, you may still have to pay fees for specific items. If a no win, no fee lawyer loses a case, then that means they will generally not charge you for their fees and legal outlays. You are usually still responsible for costs the insurer has incurred if you lose in court.
- Lawyers fees
- Paying for medical records and reports
- Paying for police reports
- Courier service fees
- Cost of photocopies
- Barristers fees
What If I Win?
The amount you will have to pay if you win will vary based on the agreement you have with your lawyer. Many will charge an hourly rate or on the Court scale. There may be other legal outlays charged as well. This should be discussed before the lawyer takes your case.
To learn more about no win, no fee legal services, contact Carew Lawyers. Our experts are available to answer questions and represent you in compensation claims.