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LEGAL FEES
Clients are sometimes very concerned about legal fees. However, if your injury has been caused by someone else, our experience is that there is no need for clients to worry. In addition, this firm does not deduct fees from clients compensation.
There are 2 main ways of funding a personal injury claim
These are :-
No Win No Fee (Conditional Fee Agreement)
Legal Expenses Insurance
No Win No Fee (Conditional Fee Agreement)
At Goodmans Law we are proud to be able to offer clients the facility of funding their personal injury claims by way of a Conditional Fee Agreement, more commonly known as a “No Win No Fee Agreement“.
Our ability to offer such an agreement will depend entirely upon how strong your case is and this will be discussed with you before you formally instruct us.
We have also been able to secure the agreement from specialist personal injury barristers to act on a No Win No Fee basis for our clients.
If you win your case. The Defendant or more commonly the Defendants Insurer will pay your legal fees.
If you lose your case, we will not charge you for the work we have done for you. We will also ensure that you have insurance in place (at no cost to you) to cover the other side’s legal costs.
Put simply, you do not need to worry about paying for legal costs.
The insurance product we can offer you is a fully insured deferred premium, which means that there is no need to pay for the insurance premium until the end of the case. The cost of this premium is claimed against the other side if you win. If you lose, you do not have to pay the insurance.
When appropriate we will fully explain all aspects of purchasing such insurance.
Legal Expenses Insurance
You may already have insurance to cover legal fees if you have an accident. Legal expenses insurance is often attached to an existing insurance policy, such as your home contents and building insurance and even your car insurance.
If you have this cover you will need to provide us with your insurance policy details, so that we can ask the insurer's permission to act on your behalf. The relevant policy will be the one which was in force at the date of the alleged negligent act. Once the insurers are satisfied as to the merits of your case, your legal costs will usually be covered under this policy.
Some Insurers will tell you that you have to use their panel Solicitor. You don’t. You should choose your own Solicitor who is a specialist in the field and not one that has been chosen for you by an Insurer.
Carol Hopwood, Director and Head of Serious Injury Claims at Goodmans Law explains how personal injury cases are funded and why clients shouldn't worry about legal fees.
