When you hear the policy no win no fee from your solicitor, this means that he or she will not bill you unless the lawyer's claims triumph for your case. If the solicitor loses the cases, you do not have to pay them any fee. However you have to ensure that you have a contract specifically stating that you're in a no win no fee policy.
No win no fee legal policy is advantageous for anybody as the professionals representing you make it there business to work hard to win the case for their client. It is also important to remember, the contract also encourages victims to file claims which they would have not done so if they thought that they had to pull out money for a solicitor regardless whether the case wins or not.
Be advised, a no win no fee policy is not always a healthy one. A lot of people argue that this kind of set-up shores up the biases of legal professionals. Attorneys seem to be in favour of the easier to win cases and ignore those that are hard to resolve or win. This means that if your claim for mishaps is too hard, you most likely will find it to get a willing solicitor to help you get damages or out-of-court settlement.
You may also find that, a no win no fee policy is simply a contingency basis. A contingency basis is defined in Wikipedia as "any fee for services provided where the fee is only payable if there is a favourable result." This however only applies if you are the wronged party, called the plaintiff. Plaintiff, according to Wikipedia is described as "the term used in some jurisdictions for the party who initiates a lawsuit". You will also find that the word Plaintiff is also known as "Complainant" or "Claimant." Once your case is victorious, you'll get monetary damages, and this is what you'll need to pay your attorney in return.
Most of the time, your legal representation will receive 10 percent from your total damages. You have the option to lower or increase this up if it is mentioned in your contract.
It's not hard at all to find a no win no fee lawyer within your area. There are plenty of sites of solicitors firms such as no-win-no-fees-lawyers.com, most of them answering every question you may have in mind. It's wise to get other sources or reviews by which ensuring you receive unbiased feedback regarding a company. Before choosing a solicitor, have a list of candidates first and then narrow them down as you do inquiries and consultations.
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