The Government has announced it will introduce provisions in the Coroners and Justice Bill, which is currently before Parliament, to enable “proper regulation of damages-based agreements by putting in place protection for vulnerable claimants against unfair or unreasonable agreements.” Damages-based arrangements, usually referred to as contingency fee agreements, allow individuals to make claims, usually accident compensation or employment tribunal claims, on a no win no fee basis.
The Ministry of Justice is proposing to introduce new regulations which include:-
• A cap on the percentage of damages that can be recovered by the legal representative;
• A requirement that legal representatives provide claimants with clear and transparent information on total costs;
• A requirement that legal representatives clarify the deductions made from the claimant’s award which are to go to the representative as their fee for taking on the case;
• A requirement that they provide explicit information on alternative methods of funding.
Lawson-West will always discuss any proposed no win no fee or contingency fee agreements in detail before taking a case on. We offer a free initial consultation so that we can talk through any funding arrangements.
For accident compensation claims our no win no fee arrangements mean that you don’t pay for any expenses such as medical reports or court fees and you keep all your compensation. Further details of our accident claim no win no fee arrangement are here.
For employment tribunal claims, we always discuss funding arrangements during the free initial consultation and will discuss the best way of funding your claim depending on your circumstances. Often this will be through a no win no fee arrangement and further details are available here.
Please phone us on 0116 212 1000 if you have any queries about accident compensation or employment tribunal claims and how they are funded.
