No Win No Fee Lawyer
A no win no fee lawyer is someone who will only charge for his services if your compensation claim turns out to be successful. If it is unsuccessful, then you would not have to pay any contingency fee to your lawyer. If someone were in an accident and it is clear that the opposite party was at fault, still people refrained from claiming compensation. This was because of the expensive fee for hiring a lawyer that many were not able to afford. This is why no win no fee lawyer scheme started gaining traction. It was to ensure that anyone could get access to justice through the legal system irrespective of their socio economic status.
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How do no win no fee lawyers work?
Unfortunately, if you were in an accident and you decide to hire a car accident lawyer, a TPD lawyer, or a personal injury lawyer you can come to a no win no fee agreement with them. In such a case, your lawyer would take out an after the event (ATE) insurance policy on your behalf before starting the case. This is to cover costs like court fees, cost to gather evidence, etc. So, if your lawyer wins the case, then he will charge a percentage of the compensation as his fee. If not, then his insurance policy would cover his charges. At any point in time, you would never have to pay a penny from your pocket before you receive compensation.
Is a no win no fee lawyer good?
If you are having double thoughts about going into such an agreement then this section is for you. There are many advantages to hiring a no win no fee lawyer. The first advantage being you don’t have to worry about being able to afford a lawyer. If you feel you have a fair chance of winning the case then you can approach a lawyer and get into this agreement. Also, since lawyers receive their pay only when you get the compensation, they are more motivated to complete the case soon without any hold-ups. You should also make sure that your lawyer has taken after the event insurance policy so that if you end up losing the case you won’t have to pay your lawyer.
One thing to note is that just because it is free, it doesn’t mean that they are not good. No win no fee lawyers have kind of become the norm now because by agreeing to be in the arrangement, law firms found out that they could reach a wider customer base which can improve their revenues drastically. Some of these law firms have more than a 90% success rate. So, no win no fee lawyers are definitely good and there is no need to hold yourself back. You can hire one and enjoy the perks of being in this kind of agreement.
Schreuders is one such law firm that has compensation lawyers. It has a history of more than 30 years in which its lawyers have won over 17,000 cases and have a consistent success rate of 95%. We also provide a free initial consultation. So, whether you are thinking of hiring a medical negligence lawyer or a workers compensation lawyer, you can consult them for free, get legal advice and then proceed to build the case.
What percentage do no win no fee lawyers take?
No win no fee lawyers generally charge the industry standard which is anywhere between 25% to 40% of the compensation that the client receives. If you feel that this is too expensive and is eating into your compensation money then you can always find other lawyers who charge only 25%. But you should also realise that you have only received the compensation because of the lawyer. So, the choices are to pay the agreed-upon fee and save the rest of the compensation amount or get no compensation at all. With this information at hand, then the only logical solution is to hire a no win no fee lawyer and receive a major portion of the compensation.
At Schreuders, our primary duty is to help everyone get justice. We don’t want to be just another law firm that only looks at the profit margins. We take time to understand you and your journey so that we can offer you personal, tailored legal services and get you the results you deserve.
More than our no win no fee lawyers, 95% success rate, or free initial consultations. Our unique and biggest strength is through disbursement funding. Not many use this technique in the industry. Using disbursement funding we can gain spontaneous access to hard to attain reports such as radiology reports or medico-legal reports, etc. While other law firms use ATE insurance policies, they don’t provide you with the funding to obtain such reports and this gives us an edge. We can be faster than other law firms in attaining records and gathering solid evidence that can tip the scales in your favour which can’t be possible without the disbursement funding. This enables us to turn around a compensation claim in 3 to 6 months while the industry average is 24 months. It is also worth noting that the disbursement funding comes from a litigation funder and not from the client’s pockets.
With the help of Schreuders’no win no fee lawyers, you can win any compensation claim much faster & easier without having to spend a penny from your pocket. We operate in all major cities of Australia such as Sydney, Melbourne, Brisbane, Canberra, Perth, Adelaide, etc.