Personal Injury Solicitor Costs
At The Claims Partnership, we have the same three simple rules which apply to our Personal Injury Claims services, as they do to the rest of our services.
- We never charge our client anything until the day they receive their compensation payment.
- We guarantee that all our clients will receive a minimum percentage of the compensation they are awarded.
- We will agree the minimum percentage that our clients receive with them, before we start work on their claim.
For our Personal Injury Claims service, we guarantee our clients will receive a minimum of 70% of the compensation we negotiate for them.
How does this work?
It’s No Win/No Fee
We offer all our clients a No Win/No Fee Agreement (sometimes called a Conditional Fee Agreement), where we promise we will not charge them for our costs, unless and until we win their claim. This is a legally binding agreement on our part. Put simply, it would be illegal for us to try to charge you if you did not win your claim. We put this in our Agreements and highlight it in red.
This is a fundamental part of our Partnership Promises to our clients and we stand by it. It means that whatever happens with your claim, it will be a completely risk free venture for you.
We take out insurance
At The Claims Partnership, we make sure that every Personal Injury claim that we take on is insured. It works like this:
- We arrange this insurance policy for you.
- We pay for it ourselves.
- We promise that we will not ask you to pay for the cost of the insurance policy.
- We promise that the cost of the insurance policy will not be deducted from your compensation at the end of your claim.
The cost of the insurance premium varies from case to case and depends upon the type of claim, how much compensation you are awarded and at what stage of the claim process your claim settles. Occasionally, the cost of the insurance premium may be quite high and will take up most or all of the Success Fee we take from your claim. If this happens, then this is a risk that we have chosen to take and that we absorb. We will not allow your compensation to fall below the minimum percentage that we agreed with you at the start of your claim.
We take out a Success Fee
The Success Fee is the percentage of the award that we take out of your compensation claim if you win. We take this out on the day we send you the cheque or transfer the money to your bank account. At The Claims Partnership, we charge you 25% plus VAT or 30% of the compensation we recover for you. This means that we guarantee that you will receive a minimum of 70% of your compensation award.
Is it possible that I will receive more than 70%?
Yes it is. If part of your compensation award is for financial losses that you might encounter in the future such as medical costs, including physiotherapy or operation costs, then we will not apply a 30% reduction to this money and you will receive it in full.
Similarly, if you receive compensation because you will not be able to earn as much money in the future because of your injury, then we will not apply our success fee to this aspect of your compensation either.
In these circumstances and in all cases where there is a ‘Future Loss’, we will not apply our Success Fee to that part of your compensation and you will receive more than 70%.