February 10th, 2010 | 
Author: If you have experienced injuries resulting from an accident at work, a car crash, or even as a result of medical negligence you will want to seek compensation. Compensation can cover the loss of an income and support you and your family throughout the time it takes to recover.
A ‘no win, no fee’ personal injury claim for compensation is by far the easiest and most effective way to gain compensation for injuries suffered through no fault of your own.
However, although the majority of people who look into a ‘no win, no fee’ agreement fully understand the principle of not having to pay the personal injury solicitor representing their case if they are unsuccessful, there appears to be a slight confusion about what they are liable to pay in fees if they win their claim.
Most solicitors will recommend the claimant takes out an After the Event insurance policy before embarking on the claim for compensation.
The personal injury solicitor should organize this for the claimant without taking any money from him or her. By doing so, the claimant will not have to worry about affording the cost for such things as medical records, witness reports and the cost of the court where the personal injury claim is to be decided.
Furthermore, the fees of the personal injury solicitor – including any success fee that is built into the ’no win, no fee’ personal injury claim – will be taken from the negligent party’s insurance policy.
This means that all of the compensation you have been awarded remains in your pocket.
Posted in