{"id":15187,"date":"2014-03-13T21:52:50","date_gmt":"2014-03-13T21:52:50","guid":{"rendered":"http:\/\/www.theinjurylawyers.co.uk\/injury-lawyers-blog\/?p=15187"},"modified":"2014-03-13T21:52:50","modified_gmt":"2014-03-13T21:52:50","slug":"success-fee-no-longer-recoverable-how-much-will-i-be-charged","status":"publish","type":"post","link":"https:\/\/www.theinjurylawyers.co.uk\/injury-lawyers-blog\/2014\/03\/13\/success-fee-no-longer-recoverable-how-much-will-i-be-charged\/","title":{"rendered":"Success fee no longer recoverable \u2013 how much will I be charged?"},"content":{"rendered":"<p><i>100% Compensation from The Injury Lawyers<\/i><\/p>\n<p>You may have heard that the government have stopped the Success Fee being recoverable from the other side. As of April 2013, the Success Fee is no longer recoverable from the other side which means that lawyers are now taking it from your compensation payout if you win.<\/p>\n<p><!--more--><\/p>\n<p><b><span style=\"text-decoration: underline;\">So how much are you going to lose?<\/span><\/b><\/p>\n<p>Now the Success Fee is no longer recoverable, the government have capped the deduction at 25% which means you can\u2019t lose any more than 25% from your payout for the lawyers Success Fee. The Success Fee is important as it allows lawyers to take on cases on a No Win, No Fee basis \u2013 i.e. not charge people who claim and can\u2019t win their case \u2013 because sometimes its too hard to know whether you have a valid claim unless you actually pursue it.<\/p>\n<p>Most firms appear to have settled on 25% as a market rate, given that\u2019s the most they can\u2019t take. For some claims, we could claim much higher rates from the other side depending on the risk of the case in the past. Now, a lawyer can\u2019t take any more than 25% from you now the Success Fee is no longer recoverable.<\/p>\n<p><b><span style=\"text-decoration: underline;\">So can we give you 100% compensation?<\/span><\/b><\/p>\n<p>Yes, we can. We agree for most claims to waive the Success Fee charge \u2013 so we don\u2019t recover it from you, we just waive it.<\/p>\n<p>So because we don\u2019t charge you a Success Fee, you get to keep all 100% of your compensation payout.<\/p>\n<p><b><span style=\"text-decoration: underline;\">How do we do this?<\/span><\/b><\/p>\n<p>Simple \u2013 lawyers still get paid by the other side, we just don\u2019t get as much as we used to now that the Success Fee is no longer recoverable. All we\u2019re doing is receiving less fees for your claim by not charging the Success Fee to you and waiving it.<\/p>\n<p>We can afford to do this because we take on and win a high volume of claims. Most other firms probably can\u2019t afford to not charge you the Success Fee, whereas we can. We\u2019re also very efficient at what we do as we only ever represent victims for compensation claims.<\/p>\n<p><b><span style=\"text-decoration: underline;\">So what do I do?<\/span><\/b><\/p>\n<p>Give us a call on 0800 634 75 75 and find out now if we can still give you a 100% compensation agreement even though the Success Fee is no longer recoverable from the other side.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>100% Compensation from The Injury Lawyers You may have heard that the government have stopped the Success Fee being recoverable from the other side. As of April 2013, the Success Fee is no longer recoverable from the other side which means that lawyers are now taking it from your compensation payout if you win.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,7,6],"tags":[],"class_list":["post-15187","post","type-post","status-publish","format-standard","hentry","category-100-compensation-4u","category-articles","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Success fee no longer recoverable \u2013 how much will I be charged?<\/title>\n<meta name=\"description\" content=\"Success fee no longer recoverable \u2013 how much will I be charged?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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