WHAT IS “NO WIN NO FEE”?

This is an important question to get clarified before you instruct a solicitor - mainly because there are many variations of a "no win no fee" service. It could mean quite literally "no win, no fee" - which means if you win there is a fee to be paid, or it could mean "no fee, win or lose". This is because the phrase "no win no win" is usually substituted for the Law Society's Conditional Fee Agreement (CFA) - a document which, while it must comply with certain conditions laid down by the Regulation 4 of The Conditional Fee Regulation 2000, a CFA allows the solicitor to agree to return 100% of a client's compensation (making it a FREE service for the client) to one that allows the solicitor to deduct a substantial percentage of the client's compensation.

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