No Win No Fee
"No Win No Fee" in the UK is the term used to describe the Conditional Fee Agreement (CFA) between a law firm and their client. In any claim (Commercial or Personal Innjury), this is an agreement between the client and their lawyer, which will enable the lawyer to take on a case on the understanding that if they lose the case, the client will not have to pay their lawyer’s costs, but will still be responsible for the defendants costs if the case is lost. However, if the lawyer wins the case they will be entitled to their standard fee plus an uplift referred to as a success fee. In English law, the success fee cannot be greater than 100% of the lawyer’s standard fee. If the client wins their case, either the Courts or the losing party’s will make an award of damages. In addition, the defendant will be required to pay the client's legal costs including any uplift of fees as well as expenses. With most Conditional Fee Agreements, the client will have nothin...