The meaning of ‘No Win No Fee’
No Win No Fee means that if the solicitor does not win the case you will not have to pay a fee. There will be a success fee if you win, so it is important to ask about and understand that fee.
In this video Dominic Moss, senior partner here at Stonehewer Moss solicitors, explains more about the meaning of ‘no win no fee’.
What Does No Win No Fee Mean?
People often ask me what no win no fee means, and it is often misconceived because no win no fee does not mean that you solicitor won’t be taking a fee, if they win your case. No win no fee actually means, win fee.
What that fee is, some solicitors call it a success fee or a contribution towards costs and it is usually limited to a percentage of your damages. So, people might talk about 25% but that is not the case across the board. Sometimes it could be less, sometimes it could even be zero, sometimes it can be more depending on the type of case and your own personal circumstances. There is really no way of being sure.
The best way and the advice that I would give to you or anybody is when they are making a claim to bring it up immediately. Say ‘OK how much is this going to cost and why is it going to cost that much’. Then the solicitor can explain to you, your own circumstances and what their charges are going to be. If you were buying anything else, you would ask the price so it is no different with a solicitor and that is the best advice I can give.
My name is Dominic Moss, if you have any further questions don’t hesitate to call me or you can visit our YouTube channel.