What Percentage Of Solicitors Work On A No Win, No Fee Basis?

In the UK, no win, no fee agreements are the most popular agreement when pursuing a personal injury claim. This is because they are low-risk and well regulated, but also because they enable people who would otherwise not be able to afford legal fees to make a claim.

Such is the popularity of no win, no fee that practically all personal injury solicitors work on a no win, no fee basis. In a large law firm like www.accidentadvicehelpline.co.uk, for instance, all of their solicitors work on a no win, no fee basis. That’s 100% of solicitors. Other law firms have a similar set up. All in all, it is thought that the percentage of solicitors who work on a no win, no fee basis in the UK is around 98 percent.

The reason so many solicitors do so is because of market demand. Quite simply, there’s a lot more people out there who would rather not pay legal fees upfront than the contrary and a conditional fee agreement (the proper name for no win, no fee) ensures this.

Here’s some more interesting facts about no win, no fee agreements:

• No win, no fee was only introduced in the UK in 1995;
• The official name for no win, no fee is solicitors Conditional Fee Agreements’ (CFAs);
• No win, no fee is designed to help people get access to justice, even if they can’t afford to pay for legal representation themselves;
• Changes were made to legislation in April 2013 – claimants may now be expected to contribute towards their solicitor’s legal costs if a claim wins;
• No win, no fee can still incur costs billed by the other side if a claim loses. For this reason, an insurance policy should be included within an agreement;
• No win, no fee agreements can apply to a wide range of claims including road traffic accidents, accidents in the workplace and slips, tips and falls;
• No win, no fee does not equal 100% compensation – a lawyer’s success fee can be up to 25% of the value of the claim in England and Wales or 30% in Scotland.

If you have been injured and it was not your fault, a no win, no fee solicitor will be able to help you get the compensation that you deserve. But before you decide on whether or not to make a claim, it’s worth discussing the circumstances of your case with an experienced claims advisor. To this end, Accident Advice Helpline provides a 24/7 Helpline that can be reached on 0800 689 0500 or from your mobile on 0333 500 0993. Get answers to all of your questions and empower yourself with expert claims advice today.