Is no win no fee really a rip-off or not…
No win no fee is it a fiddle or not? A large amount of individuals out there speculate if the no win no fee claim is a fiddle or not. The great majority of people don’t really realise what is exactly required in the legal procedure that is in involved. A great number of people are under the notion that the lawyer or solicitor that is managing your claim for compensation is on the scam or that they actually earn more than the payment that we collect.
It will probably well be the case that the law firm receives a large payment for handling your claim for compensation, but realistically business is business and solicitors and lawyers have to make cash. There is a large amount of work preparing a compensation claim, dealing with third party insurers and preparing a case for court if it goes that far. The amount that the law firm receives is relative to the work involved preparing your claim for compensation.
As for the notion that the solicitors are on the fiddle is a bit of a myth to be honest, if you approach a law firm with regards to your claim for compensation and they take your case on then the law practice is taking your case on, on a no win no fee understanding so you can’t actually be scamed. The vast majority of law firms are honest and work to a code of very strict ethics that surround the legal trade. A lot of us are under the impression that lawyers are out for their own gains and it is partially true to a certain aspect but at the end of the day they are fighting for our compensation, and I personally think individuals tend to fear what they don’t understand and that is just human nature.
The no win no fee claim has become very popular over the last 10 years as it has opened the door to scores of people who would not normally have the capital reserves to take on a claim for compensation for their selves. If you where unfortunate enough to have an accident whether it be in the workplace or outside your residence that wasn’t your fault then you have the right to compensation. There are a number of individuals out there who place dishonest claims and even set up phony accidents so they can claim for compensation, but there are a lot of us who suffer serious life changing injuries caused by accidents that where not our fault, and have the right to compensation for the inconvenience and pain we suffer. The no win no fee claim has given all of us a platform to fight for what we deserve, personally I think it is a great scheme and should not be looked upon as a scam.
Find out more about the No win No fee claim at No win no fee UK.info
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