No Win No Fee Litigation Costs
The Hourly Fees "Exemption"
What is the essential quality of No Win No Fee Cases that differentiate them from cases that are not taken on the No Win No Fee Scheme? Or to ask the same thing in other words: What makes no win no fee litigation Cases unique?
The answer can be derived from the name of the scheme itself. Put simply, the No Win No Fee Scheme is an agreement stipulated between the claimant and the personal injury lawyer in which the latter agree to take on the former's case with the proviso that win or lose, the latter will not demand any hourly fees payment. Thus, in case the claim gets dismissed (no win), the client will pay the lawyer no hourly fees (no fee). In case the claim gets honored, however, the client will still not have to pay the lawyer anything because his hourly fees will be charged to the defendant as part of the overall compensation he will then be compelled to provide.
In No Win No Fee cases, therefore, the claimant will not have to pay his lawyer whatever might happen to the case. Common cases which get accepted on this scheme are those whose merits are strong and those whose claim amounts are not too exaggerated.
How to Deal with Your Other Expenses
The subject of whether or not the claimant has to pay his personal injury lawyer on the no win no fee litigation [http://www.accidentsdirect.com/no-win-no-fee/the-definitive-no-win-no-fee-guide.aspx] basis is a common one. The quick answer is No. This is because whatever happens to the claim, whether it prospers or gets dismissed, the claimant will be spared from having to pay his personal injury lawyer's hourly fees.
This does not mean, however, that the personal injury lawyer will not receive any hourly fees at all. In case the claim gets dismissed, he will not receive any; nevertheless, if the claim gets honored, the defendant will pay his hourly fees, aside from the compensation being demanded by the claimant. A terrible prospect, to say the least.
In addition, the claimant, although he need not pay his personal injury lawyer's hourly fees whether he wins or loses, is still not free from the obligation of paying other things. For example, in the No Win No Fee Agreement, he will still have to pay for his medical bills and hospitalization, police records, and other related expenses, that is to say, the expenses related to the securing of evidence. Aside from these, he will also be compelled to pay the defendant, through what is called the "After-the-Event" insurance, in case the claim loses.
What is the essential quality of No Win No Fee Cases that differentiate them from cases that are not taken on the No Win No Fee Scheme? Or to ask the same thing in other words: What makes no win no fee litigation Cases unique?
The answer can be derived from the name of the scheme itself. Put simply, the No Win No Fee Scheme is an agreement stipulated between the claimant and the personal injury lawyer in which the latter agree to take on the former's case with the proviso that win or lose, the latter will not demand any hourly fees payment. Thus, in case the claim gets dismissed (no win), the client will pay the lawyer no hourly fees (no fee). In case the claim gets honored, however, the client will still not have to pay the lawyer anything because his hourly fees will be charged to the defendant as part of the overall compensation he will then be compelled to provide.
In No Win No Fee cases, therefore, the claimant will not have to pay his lawyer whatever might happen to the case. Common cases which get accepted on this scheme are those whose merits are strong and those whose claim amounts are not too exaggerated.
How to Deal with Your Other Expenses
The subject of whether or not the claimant has to pay his personal injury lawyer on the no win no fee litigation [http://www.accidentsdirect.com/no-win-no-fee/the-definitive-no-win-no-fee-guide.aspx] basis is a common one. The quick answer is No. This is because whatever happens to the claim, whether it prospers or gets dismissed, the claimant will be spared from having to pay his personal injury lawyer's hourly fees.
This does not mean, however, that the personal injury lawyer will not receive any hourly fees at all. In case the claim gets dismissed, he will not receive any; nevertheless, if the claim gets honored, the defendant will pay his hourly fees, aside from the compensation being demanded by the claimant. A terrible prospect, to say the least.
In addition, the claimant, although he need not pay his personal injury lawyer's hourly fees whether he wins or loses, is still not free from the obligation of paying other things. For example, in the No Win No Fee Agreement, he will still have to pay for his medical bills and hospitalization, police records, and other related expenses, that is to say, the expenses related to the securing of evidence. Aside from these, he will also be compelled to pay the defendant, through what is called the "After-the-Event" insurance, in case the claim loses.
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