What’s this ‘No fee no Win’ that I’m constantly hearing advertised on TV these days?
You are right, the phrase “no win no fee” is brandished readily around the media. Historically, the legal system was that if you decided to pursue a claim for compensation and you lost, you would be responsible for paying not only the costs of your opponent but also paying your own legal costs. Now there is an approved scheme within the system that means if a solicitor takes a case on a “no win no fee” basis and the case is lost and you have followed your legal team’s advice, then you will not be responsible for meeting your legal costs but only your opponents. Generally your lawyer will suggest that you take out insurance to pay for your opponents costs were you to lose. There are many ways of funding claims and it is important to speak to us in order that we can guide you on the most effective and suitable way of funding your claim.
HSBC recognise Conveyancing Quality Standard
