Monday, July 21, 2014

Justice scale


Conditional fee agreements

Question

Conditional fees: how does ‘No win, no fee’ work?

Answer

Conditional fees are more commonly known as a 'no win, no fee' arrangement.
For certain types of case, including personal injury, your solicitor may be prepared to work on a conditional fee basis. If you win the case, your solicitor's fees will mostly be paid by the other side. If you lose, you don't have to pay your solicitor's fees. You may be asked to take out an insurance policy to pay for the other side's costs if you lose.
There are various types of conditional fee arrangement, but not all solicitors' firms are prepared to work on this basis.
More information is available on our page about Paying for Legal Services..."conditional fee" in law term is meaning no win no pays but not for the paid expenses.

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