Claim Funding

There are 3 main ways that the finance for a claim can be undertaken.

i) Private Funding - You can opt to pay for all costs, disbursements and fees out of your own pocket. If you win your case the solicitor should get all of their costs back from the other party and you would only be left with any balance outstanding to pay. If you lose then you will be out of pocket for all the costs involved.

ii) No Win - No Fee (Conditional Fee Agreements) - Under a "No Win - No Fee" agreement you are only responsible for any costs if you win. These costs should be claimed from your opponent by your solicitor. If you lose, then you pay nothing.

iii) Legal Expenses Insurance - Attached to car insurance and home insurance policies and also some credit card agreements is sometimes a policy that includes Legal Expense Insurance, this should be checked before entering into a Conditional Fee Agreement (CFA) with a solicitor.