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Why are solicitors deducting 25 per cent of compensation?


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My wife is considering making a claim for personal injury following a shunt which wasn't her fault. Our insurance company passed the matter on to a solicitor who said they will charge 25 per cent of any compensation awarded.

 

I've seen a few adverts from injury lawyers who say you can "still keep 100 per cent of compensation" on a "no win no fee basis"...

 

Does anyone understand/know why some solicitors charge 25 per cent and others don't?:confused:

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"the law on no-win, no-fee cases was changed in April with the aim of reducing inflated legal charges that bump up car insurance premiums for ordinary motorists and cost the NHS and other public bodies billions.

Previously a successful claimant was able to keep any damages awarded in full, with the losing side paying their legal costs plus a “success fee”.

Under the new rules, people making a claim have to pay the success fee themselves if they win the case, although it can be no more than a quarter of the compensation they are granted."

 

 

From...

 

http://www.telegraph.co.uk/finance/personalfinance/10196081/Number-of-ambulance-chasing-firms-falls-by-a-third-after-change-to-no-win-no-fee-law.html

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If you feel you have a genuine case to bring then appoint your own, local independant solicitor instead and that way you can control and negotiate the fee on your terms instead of being held to ransom or being pressured to pursue a claim via your insurance company, who will be profiting themselves from your claim and will not have your own personal best interests in mind

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