People - Ashton Lake Solicitors
Graphic Curve - Ashton Lake Solicitors
 

FUNDING YOUR PERSONAL INJURY CASE

There are various ways in which you can fund your claim:

NO WIN NO FEE

We are able to offer No win, No Fee funding of your claim. This means that we will enter into an agreement with you to proceed with your claim and we will only be paid if the case is successful. If we are successful in the claim then our costs are paid by the Defendant or his insurance company and not by you or from any deduction from your compensation. It is advised that an insurance policy is taken out which covers the risk of you having to pay the Defendants costs if you were to lose the case. We can arrange this and can often pay this on your behalf in advance. The cost of the insurance policy is also recoverable if you win the case.

LEGAL EXPENSE INSURANCE

You may have household and other legal expenses insurance, which may cover you for your legal costs. We will make all relevant enquiries with you and can assist you if this is the case.

PRIVATE FUNDING

There is the option to pay our legal costs yourself. This method of funding is the least popular since the majority of claimants wish to proceed on a no win, no fee agreement, which minimises the risks of paying any costs. If you win your claim, in order to recover your legal costs, your claim must exceed £1000.00. If you lose your claim you will be liable for the Defendants legal costs. It is possible to take out an insurance policy to cover you against the prospect of this happening. However, it is unlikely that this insurance will cover you for our costs, which you would need to pay yourself.

Graphic Curve - Ashton Lake Solicitors
disclaimer Get Printable Summary Add To Favourites

© Copyright 2004, Ashton Lake Solicitors, Loughborough, Leicestershire, UK. All rights reserved.

Regulated by the Law Society, Principal – Andrew Spence

Designed & Hosted by GloverSure Ltd