This Blog was posted By The Carabin & Shaw Law Firm. principle Office in San Antonio, Texas
Should You Take Legal Actions After Being Injured In A Motorcycle Accident – No Win/No Fees
The thought of the cost of legal action after suffering a motorcycle road traffic accident can often be daunting. Many people may be put off by the possibility of hefty legal fees and lengthy court cases.
A popular method used by lawyers to encourage people to get the financial compensation they deserve is the Conditional Fee Agreement, more commonly known as the ‘No win No fee’ scheme.
The ‘No win No fee’ scheme can be an attractive way of pursuing a claim without incurring considerable legal costs. If you are unsure of the most appropriate method to claim then speaking to a personal injury lawyer can clarify what option is best for you.
How No Win No Fee Works
The ‘No win No fee’ scheme means that if a claim is unsuccessful then you will not have to pay the fees of your own lawyer (please note that some other expenses may be applicable). If, on the other hand, a claim is successful then you will have to pay a fee to your lawyer.
This fee can sometimes be quite high, as your lawyer is taking a risk of receiving nothing should the claim be unsuccessful, but the majority (if not all) of the compensation earned will be awarded to you.
Different law firms may have different charges for their ‘No win No fee’ services, it is always worth doing some background research into what the expected charges will be.
Most of the time the charges that accumulate during a case can be recovered from the other side if you win your case, although it is at the courts’ discretion of how much of these costs the other side will have to pay.
For example, if the court thinks that you have paid too much for certain services, then they may only ask the other side to pay part of these costs. The rest of the costs will have to be paid by you.
Risks Of Losing A No Win No Fee Case
Usually, if a lawyer has agreed to take on your case on a ‘No win No fee’ basis then it is unlikely that there is a risk of losing the case. Sometimes, however, a case will be lost and most people are unaware of the consequences of losing a case. If you lose your case you will be responsible for paying the costs of the other side (this can be a considerable amount). Please find more information on this website here @ https://www.accident-lawyers-dallas.com/motorcycle-accident-attorneys-dallas/
In order to protect you from unaffordable costs, a lawyer will usually require you to take out something called ‘after the event’ insurance. This insurance in itself can be quite costly, but if you win your case the costs of the insurance can usually be recovered from the other side.
Sometimes your lawyer may even pay for the insurance themselves on the agreement that if you win, you will have to pay this back to them. You may even have some form of ‘legal expenses’ insurance already, as it can often be included in your motor insurance policy.
Winning A No Win No Fee Case
Winning a ‘No win No fee’ court case for a motorcycle accident and receiving financial compensation means that you will have to pay your lawyer for their services and the costs they have incurred. These include:
Basic fees
Success fee – This is an extra fee for winning your case, it is a percentage of your basic fee (anything up to 100%). Most of the time the costs can be recovered from the other side
lawyer fees – If the ‘no win no fee claim turns into a court case, you may need a lawyer to represent you in court
Other expenses – Such as accident report fees, admin fees, court fees, and travel expenses
Is No Win No Fee Worth It?
Having a motorcycle accident through no fault of your own that results in personal injury mean that you will want to claim the compensation you deserve. Even if you are partly to blame, financial compensation can still be awarded.
It may seem like there are many costs to consider, but a lawyer will rarely take on a case that they feel has a chance of losing, as this will result in them not getting paid for their time.
A lawyer is always a safe and wise option when making a personal injury claim for a motorbike accident. They will not only relieve the stress of deciphering confusing legislation, but they will also get you the maximum financial compensation that is available.
