What Are No Win No Fee Lawyers?
You can’t get much clearer than this explanation: You don’t have to pay No Win No Fee Lawyers if you don’t win your case. There’s nothing more stressful than checking your mail one day to find that you’re being sued. Suddenly, your financial future doesn’t look so secure. One of the worst things that renders a case unpursuable is the mounting legal costs.
There was something I read in the newspaper in August 2010. It was an article about a couple who were based in Victoria, Australia being sued by a major international airport. It was a typical David and Goliath battle; they were sued for being in direct competition with the airport, trying to offer the space on their land as cheaper parking for people who didn’t want to pay high prices for airport parking. The battle went on for 18 years and in the end, the couple sadly gave up, simply because they couldn’t afford to mounting legal fees.
No Win No Fee Lawyers arose out of a need from people who couldn’t afford legal services, but knew that they would almost certainly win a case if they could afford legal representation. In the end, it’s almost like a business transaction. You and your legal team will sit down, work out how much it will cost for them to represent you in court (expense), then take into account the maximum possible punitive damages you could receive as a result of winning (revenue). The difference is how much you take home. If you’re happy with their conditions, they will help you out.
You could almost think of this specific branch of lawyers as a post-paid lawyer purchased with credit, just that the credit is the belief from the lawyer that they can win the case for you. Of course, It also relies on your own confidence for whether the other party is definitely wrong or not to hire them in the first place.
You’ve got to be prepared to lose the case, however. Law works in funny ways; there could be a loophole that they overlooked or something that happened between you and the other party that renders your stance irrelevant or your evidence invalid. Do not get complacent. You might end up losing valuable time and money still, especially if you didn’t read the fine print on the contract you will have to sign with the legal team before they represent you. You may have to prove that you will pay the lawyers as well by putting forward something valueable you own as a bond, probably just cash.
No Win No Fee Lawyers are the way to go if you’re after affordable legal representation for case you know you are almost certainly likely to win. Try to find a team that is experienced in cases like yours who are also empathetic to your predicaments and you will almost certainly win your case.
