How do medical negligence solicitors get paid?
So you want to know how do medical negligence solicitors get paid? In truth, the cost of investigating a medical negligence claim can be extremely high. Before you set the ball rolling, it is important to figure out how you will pay for your legal costs and expenses.
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Question: How do medical negligence solicitors get paid?
So you want to know how do medical negligence solicitors get paid? In truth, the cost of investigating a medical negligence claim can be extremely high. Before you set the ball rolling, it is important to figure out how you will pay for your legal costs and expenses.
In broad terms, there are two main methods of funding a claim. The first is a “legal expenses” insurance policy that you take out before the medical incident occurs. Some people have legal expenses cover included as part of their auto or home insurance. Financial limits apply to these policies, but they are usually enough to cover the costs of investigating and pursuing a moderately sized medical negligence claim.
The second funding option is a Conditional Fee Agreement, also the “No Win, No Fee.” Under this arrangement, you only pay your medical negligence solicitor if he or she wins your claim. Then, your solicitor will retain a “success fee” from the damages you receive at the end of the claim. The success fee cannot be more than 25% of your compensation.
A No Win, No Fee funding agreement is often coupled with “After the Event” (ATE) insurance. ATE helps a victim pay for legal expenses such as:
- experts’ reports and;
- court fees if your claim is not successful.
Moreover, it will also cover your opponent’s costs if these go against you. Most medical negligence solicitors will help you find a suitable policy if ATE is advisable action in your case.
A No Win, No Fee agreement combined with ATE allows most injured patients to fund a medical negligence claim at little or no cost to themselves.
If you would like to chat with a legal expert, feel free to contact us today.
Understanding Medical Negligence Solicitors and Compensation Claims
To illustrate how medical negligence solicitors get paid, we need to see how common compensation claims are, too. For example, consider amputations: NHS figures show that between 5,000 and 6,000 amputations occur in the UK each year. The majority of these are related to progressive conditions such as diabetes, but some stem from medical negligence.
The Medical Negligence Experts understand that your situation may appear similar to other people on paper. But what that leaves out is the fact that every patient is unique. Especially in the way such negligence upends a person’s life: in the nature of their rehabilitation, support network, and how they approach their new situation.
How Can We Help?
Our solicitors obtain compensation which you can use in a variety of ways to help you move forward with your life, including privately funded rehabilitation, loss of earnings, adaptions for your home or a move to somewhere more suited to your needs, specialist sporting prosthetic limbs, mobility aids, and adapted cars.
Contact The Medical Negligence Experts today and let us start you on the path to a brighter future.