There are various ways to fund a dispute. Below is a list of some of the options:
- Costs paid direct by the party (you).
- Conditional Fee Agreement: If you lose there is no fee to pay provided you abide by its terms. If you win the claim you will pay a success fee but this not payable if you have pre-existing legal expense insurance.
- Damages Based Agreement.
- Legal expenses insurance.
- Union funding: If you are a member of a trade union, some degree of funding may be available to you. We can liaise with your union to ensure you retain that level of support.
We can offer and discuss a variety of funding options which may be suitable to you. If you are claiming using your legal expenses insurance, the assessment will usually include:
- Does it have good prospects of success – over 50%?
- Is it proportionate to use the cover to pursue the case?
- Is there reasonable prospects of recovery from the defendant?
- Has the event occurs during the period of the policy of insurance?
- Are all other terms of the insurance policy met?
A claim funded by legal expenses insurance will have an indemnity limit which the insurer will not exceed: for example, £50,000.00 inclusive of VAT. Please note: this does not mean that all your costs are guaranteed to be covered by your insurer. The claim will need to be assessed to ensure the fees incurred by the insurer are proportionate to the value of the claim. This will be made clear in the assessment of your claim and we’ll keep you updated as the claim progresses.