No Win No Fee London: The Rationale

The explanation for why No win no fee London Compensation Claims exist is technically because of the signing of the Conditional Fee Agreement in 2000. According to this law, claimants and personal injury lawyers can agree to take on the claimant’s case on the No Win No Fee basis. This scheme allows the personal injury lawyer to process the claimant’s case on the understanding that should the case win or lose, the claimant will not have to pay him his hourly fees. 

In case the claim wins, moreover, he can charge his hourly fees on the defendant instead. This amount is different from the compensation he will have to pay the claimant, that is to say, is separate from it. The hourly fees payment will, thus, not be deducted from what the claimant will receive.

Yet to look at this explanation as the only answer is to understand the letter of the law but to miss its spirit. The other, perhaps more important, answer as to why No Win No Fee Compensation Claims exist is because the government, seeing that there are claimants whose cases have strong merits, but are nevertheless incapable of filing them because off financial constraints, have decided to enact a law that will enable them to have their claims finally represented and by high-caliber lawyers at that. 

Compensation claims on this basis, therefore, exist because the government desires to materialize social justice and equity.