Medical Negligence Fact Sheet - No Win No Fee Funding
There are various ways of funding a claim for compensation arising from Clinical / Medical Negligence. By far the most common is however a “No Win No Fee” Agreement.
What Is No Win, No Fee?
A No Win, No Fee Agreement, is otherwise known as a Conditional Fee Agreement and is a method by which you can fund your claim for compensation if we are satisfied that the case has sufficient prospects of success. We generally recommend that you take out a policy of insurance to cover the cost of your own disbursements (medical reports, Court fees etc) and to protect against the risk of having to pay your opponents costs in certain limited circumstances. You will be required to pay a contribution towards the total cost of the insurance premium in the event that your claim is successful.
How much will it cost me if I win my case?
If you win your case, then we expect to recover your costs from your opponent. We will however charge you a success fee payable from your damages if your claim is successful. If you have taken out insurance, you will be required to pay a contribution towards the total cost of the insurance premium.
What if I lose my case?
If you lose your case you will not be required to pay our legal costs and we will not be paid as we were acting on a No Win No Fee basis. Assuming you have additionally taken out a policy of insurance this will cover the cost of your own disbursements. The policy is self-insured, and no payment will be required by you.
Therefore, in summary if you lose your case (and have kept to the requirements of the No Win No Fee Agreement) you will not be left with any costs to pay.
Contact our medical negligence lawyers in Liverpool & London today
A specialist and experienced team dedicated solely to clinical and medical negligence cases. We offer a free initial assessment of your case and 'no win no fee funding' is available on accepted cases. call us today on 0151 236 5000 for our Liverpool office or 020 8209 0166 for our London office or complete our online contact form for more information.