Although many of us experience legal problems at some point in our lives, people often hesitate to contact a lawyer for legal assistance because they’re worried about the potential costs involved.
However, with attorneys who work on a “no win, no fee” basis, claimants have a fair chance of obtaining the compensation due to them – even if they don’t have the funds to pay legal fees upfront.
What does “no win, no fee” mean?
If an attorney works on a “no win, no fee” or “contingency fee” basis, it means that the attorney you hire requires payment only if your claim is decided in your favour – in which case, the attorney will be paid an agreed fee.
The attorney will represent you for as long as your case takes and will carry the costs of engaging experts and specialists, as necessary, without charging an initial fee.
How does “no win, no fee” work?
To use the services of an attorney who works on a “no win, no fee” basis, you’ll be required to sign an agreement in compliance with the Contingency Fees Act. This is a formal, legally binding written agreement between you and your attorney, and must outline the payment that you have agreed upon if your case is successful.
How is the attorney’s fee calculated?
The attorney’s fee should be specified in the contingency agreement. It may be either a fixed sum or a percentage of your settlement, subject to the limitations imposed by the Contingency Fees Act. The success fee cannot exceed 25 percent of the total capital sum awarded to you or double the attorney’s normal rate, whichever is the lesser of the two.
No win, no fee attorneys in South Africa
DSC Attorneys is one of the leading personal injury firms in South Africa. Our attorneys have extensive experience in handling all types of personal injury claims, and are committed to promoting every client’s right of access to justice.