No Win No Fee Agreements
Otherwise known as a Conditional Fee Agreement (CFA), the question of whether we get paid for the work which we do depends upon whether you win or lose your case.
Winning
If you win your case and are awarded compensation, your legal costs and expenses will normally be paid by your opponent. However, because we have taken a risk, we are entitled to an additional ‘success fee’.
The success fee is agreed with you at the beginning of your case and represents an increase on our normal charges. It is based on the facts of the case, how likely you are to win, and how long your case is likely to take. It is possible to recover the success fee from your opponent or more probably their insurance company as part of your claim for costs.
Losing
If you lose, you will not have to pay for the work that we have done at all.
However, you may have to pay for any expenses we have incurred on your behalf, including any barrister’s fees. You will also have to pay all of your opponent’s costs and expenses, unless you have taken out insurance against this.
For this reason CFAs are usually entered into as part of an overall package for funding the case including After the Event Insurance and/or Disbursement Funding Agreements.
Hart Brown Solicitors are a leading firm of Surrey lawyers with offices in Cobham, Cranleigh, Guildford, Godalming, Woking and Wimbledon Village.
