Law Weblog

“No win no fee” arrangements

From 1st June 2004, in Road Traffic Accident cases, a new scheme, brought into effect by rules of court, will fix the success fee paid by a defendant’s insurer to the claimant’s solicitor or barrister where they are funded by a conditional fee agreement. For example, insurers will pay solicitors a 12.5 per cent success fee on top of their costs if they win cases that settle out of court, and a 100 per cent success fee for the riskier cases that go to trial. In employers’ liability accident cases, a similar scheme applies, but the rates can be higher.
DCA website here.