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When you suffer an injury that isn’t your fault, it can be quite overwhelming trying to come to terms with everything. There are a lot of emotions battling within your mind and you will probably feel them all strongly at one point or another. There is usually anger, upset, frustration and helplessness – but it is important to remember that this is not the case in reality.
Regardless of what your financial situation is, you will always have the chance to make a claim for compensation when you are injured in an accident; it is your legal right. There are bodies in existence to help you to find the best method for your claim, so you are free to speak to the Citizens Advice Bureau or one of the specialist companies who deals with personal injury; have a look at the websites of the Law Society and APIL to search for solicitors that meet your needs.
In the meantime, this blog post should help you to understand how the process can be financed which may supply you with the information you need to take the next step…
Financing your compensation claim
There are three basic ways to fund your claim for compensation, so you will need to pick the most sensible option for your circumstances. The most appealing solution for many people is to pick a conditional fee agreement (sometimes known as no win no fee) due to the reduced upfront costs – some solicitors will offer variations on this approach so it is worth asking plenty of questions. You could also opt for a privately funded claim where you are responsible for the risk, or you may have suitable insurance in place that will cover the costs.
What is a conditional fee agreement?
This phrase is used quite a lot but unless you are a legal expert you might not understand what it entails. In brief, it means that you will not have to pay your solicitor’s basic fees if you end up losing your claim. There are sometimes some other costs involved such as paying for medical reports for court evidence, but these should be clearly communicated to you on a case by case basis.
With a conditional fee agreement, you will pay your solicitor a success fee if you win your case. The amount deducted will be dependent on the agreement you have taken out, so always take care to ask the right questions and read the small print.
Who should get one?
You will need to decide whether a conditional fee agreement is right for you based on your financial situation. However it is worth noting that these types of agreement are frequently offered for many types of personal injury claim. You can see some of the most common types of claim here: www.jefferies-solicitors.com/personal-injury/. They include things like car or road traffic accidents, injuries at work, medical negligence, industrial diseases, and slips, trips and falls.