Making a compensation claim can drain ones pockets sometimes with nothing to smile about as a result of spending huge sums of money. This occurs when one chooses to use a solicitor to make the claim on his/her behalf. At the end, the claim may turn out either to be successful or unsuccessful. Whatever the outcome, the solicitor has to be paid. This will mean that you incur more losses since you have to dig deep to your pockets to meet the legal fees once you lose on the claim.
However, the no win no fee compensation makes things easier and allow justice to prevail even for those who cannot afford to pay for representation.
How does a no win no fee compensation work? This works by the fact that you only pay the solicitor if your claim turns out successful. This gives everyone a chance to be heard whether you have the money or not since you will be represented for the hearing and then make the payment as a proportion of the compensation you get.
If the claim is unsuccessful, the solicitor gets nothing from you. No one would like to commit his/her efforts on anything unsuccessful and you can therefore be sure that the solicitor will do the best he/she can to make sure your claim succeeds.The Beauty of a No Win No Fee Compensation by Mark Freedman
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