What is a ‘No Win No Fee’ Agreement
Following our initial consultation, if we consider you to have a viable claim we will act for you under a ‘No Win No Fee’ agreement. This is also known as a Conditional Fee Agreement (CFA), which means you are financially protected because, if we do not win your case, there is no payment to be made.
If your claim is successful, as a rule of thumb, any compensation you are awarded will be subject to a Success Fee and After the Event Insurance (ATE) Premium deduction. The level of Success Fee and ATE Premium will vary depending on the nature and complexity of the case and the exact Success Fee as a percentage of damages and ATE Premium will be confirmed to you before you sign any retainer with us.
Under the terms of a CFA, you would ordinarily only have to pay the Success Fee and ATE Premium. If you breach the terms of the CFA however, you would become responsible for our full costs as well as any disbursements incurred.