The majority of our cases are funded through a Conditional Fee Agreement, which is more commonly known as a “no win, no fee” agreement.
A “no win, no fee” agreement basically does what it says on the tin. If you win your case, you receive your compensation, and our fees are paid by the defendant’s liability insurers. If you lose your case, then there are no fees to pay and therefore no financial risk to you.
The “no win, no fee” agreement is very popular with our clients because it represents a no-risk way of funding what can be long and complicated legal cases. There is no requirement to raise any capital or pay for any of the costs of bringing your case. In many cases, we can get interim payments from the liability insurer to start funding specialist rehabilitation even before your case has been concluded.
Most law firms take up to 25% from the past losses and general damages award and any shortfall in their costs. We do not deduct a success fee* from your award which means instructing Aspire Law could save you hundreds of thousands of pounds.
As experts in Spinal Cord Injury, we know that living with a disability is very expensive, so we aim for you to keep as much of your compensation award as possible.
Other Funding Options
Of course, there are other ways of funding a case, apart from “no win, no fee”. When we meet for the first time, we will review these options with you. For example, you might have an insurance policy in place which will provide legal expenses insurance to fund your case.
We will review any necessary insurance documentation for you to see if any such policies exist.
If you are a member of a trade union or another organised body, you may also be entitled to legal funding.
We will discuss all funding options with you during our initial meetings, which are always free. We’ll make sure that you understand and are comfortable with whichever funding option you choose.
For a free and no-obligation discussion, please contact a member of our team on 0800 03020 40 or email us at help@aspirelaw.co.uk.
“From the moment we met you, we felt we were in good hands. It was a very difficult time for me and my family and without your support and advice, I don’t like to think what might have happened. You won a very large award for us and we now have peace of mind about the future.”
Client Quote
* Medical negligence cases and cases conducted under the Motor Insurance Bureau and Criminal Injuries Compensation Award Schemes will be subject to alternative funding arrangements.We will explain the specific details to you on a case by case basis.