Funding a Claim: CFAs ("No Win No Fee")

• Introduction
• Public Funding ("Legal Aid")
• CFAs ("No Win No Fee")
  • Expenses a CFA Will NOT cover
  • Insurance and Loan Agreements
  • At the End of your Case
• Other Alternatives

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Introduction

Conditional Fee Agreements (CFAs) are commonly known as a "no win no fee" deal.  The CFA we use is based on standard Law Society guidelines.

What's in it for you?

Under the terms of a CFA, we will agree not to charge you for any of our legal fees until the end of your claim.  If your claim is successful, the Defendant should generally pay your legal expenses.  If your claim is not successful, then we will not expect you to pay any of our fees.  There is more detail on how costs are worked out at the end of a case below.

What's in it for us?

If we win your case, we are entitled to charge a "success fee": an extra amount over and above our normal costs.  This is intended to compensate us for the risk of not being paid at all (i.e. if you lose) and to offset the delay in us getting paid.  Because a losing Defendant is normally obliged to meet your legal costs, they should pay the success fee.  The amount of the success fee - which will be a percentage of our normal costs - is specified, from the outset, in the CFA documentation.  It is assessed by us, taking into consideration the complexity of your claim and the likely risks associated with it.

We will usually carry out some investigations into your claim before agreeing to offer you a CFA.  This is because there is a risk to this firm that we will not recover any of our fees if your claim is not successful.  Naturally, then, we will only want to enter into such an agreement if we believe you have a winnable case.