Do I have to pay costs to make a claim for personal injury compensation?
Upfront payment of costs in personal injury matters is pretty much unheard of. In the vast majority (over 99%) of cases, we will accept your claim on a Conditional Fee Agreement (no win, no fee agreement). This means that our base legal fees will be recovered from the fault party at the end of the claim. It also means that you would not be at risk of paying solicitors costs in the highly unlikely event your claim does not succeed and so you have the peace of mind knowing that you will not be liable for our fees win, lose or draw.
However, since April 2013 when a change in the Law reduced the costs the fault party have to pay, solicitors are permitted to deduct 25% of client’s damages in successful to fund their services. Whilst we would prefer not to do so, this is the way the law now works and so, you are expected to make this contribution. However, this is only something that applies if your claim succeeds and benefits both you as the client and MG Legal as your solicitor by increasing the reward for maximising the value of your claim. There is good news, however, in that, despite reducing legal fees, compensatory awards to those injured, were increased by 10%- very good news indeed.
We are always happy to discuss any aspect of the Conditional Fee Agreement with our clients and we would not expect you to sign the document until you are 100% happy with the content.