Understanding the Policy of ‘NO WIN NO FEE’
No way no policy is totally legal in terms of law and is also known as the agreement of conditional fee. The victim and the solicitor make a legal agreement between them so they can easily fight for the compensation of their accident claims. The no fee no win policy is a simple agreement in which the people can go for their compensation now which was not possible yet. The main reason behind this is that any victim can go for making his compensation if he had not paid the legal aid and the abolition of legal aid is helping the victims to achieve their desired compensation.
In this agreement of no win and no fee all the work had to be done by the appointed solicitor which makes the work of the victim easier and even the power of claiming for the compensation is in the hands of the solicitor only because if the victim didn’t get his compensation till then solicitor will not be paid. The no win no fee totally makes the victim comfortable by providing the 100% compensation for his claim and also the fee of the solicitor had to be paid by the losing party and his insurance company. And if the situation gets reversed means by chance if victim lost his case then also he had to pay nothing, all the money will be paid by the insurance company and in that case solicitor will not get any money.
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