If you are considering whether to make a personal injury claim, you will probably be basing your decision to continue on how much it will cost.
Many people cannot afford to pay for a claim and so would not be able to get compensation without some kind of additional funding or protection from the fees and costs.
That was until 2000 when No win, No fee agreements were introduced as a replacement for the Legal Aid system for nearly all types of personal injury claims.
Also known as conditional fee agreements, they give everyone in the UK, no matter what their finances, a chance to take legal action after suffering a personal injury.
One of the first things a personal injury solicitor will get you to do is sign a no win, no fee agreement. This means that if your compensation claim is not successful, your personal injury solicitor will wave their fees.
However there are more than just your solicitors cost to think about when pursuing your compensation claim and under a straight no win, no fee agreement you may be left owing money to your opponent's solicitor and for legal costs for both sides.
This is where After The Event (ATE) insurance comes in. It can be purchased by the personal injury solicitor and will cover both themselves and the customer from all of these costs.
Some solicitors do not, and it is important to check before signing any agreements.
A no win, no fee agreement benefits the person making a compensation claim because they will know that their personal injury solicitor is going to do all he can to see a successful outcome of their case, otherwise his costs and fees will not be paid.
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If you have suffered from a Personal Injury similar to the information you have seen or read in our site dont wait until it too late.
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