Funding Jargon Explained

No Win, No Fee (or CFA) Agreement

If your claim is unsuccessful you do not have to pay your solicitors fees and if the claim is successful your solicitor is ordinarily entitled to recover your legal fees from the losing Party.

Legal Expense Insurance (LEI)

This is another way of funding your case.

This is a type of policy which covers your legal costs win or lose and is often included within house contents insurance or motor insurance policies

We act for many clients who have such legal cover and we suggest you contact us in the first instance and we can make the necessary enquiries as to whether you have such cover at no cost to you.

After the Event Insurance (ATE)

If you lose your case, although we will not charge you for our costs, the Opponent’s costs will be payable by a Claimant who loses.  ATE is an insurance policy which covers the other side’s costs if you lose and in certain circumstances some or all of the expenses incurred on your behalf.

At Rudzki & Jones we can obtain such insurance for you where appropriate so that you can pursue your claim without risk.

Success Fees

You will often see in your No Win No Fee Agreements a reference to a ‘Success Fee’.  This is an enhancement on the lawyers basic costs to reflect the risk they have taken in pursuing a claim on a no win no fee basis. Under UK law, the success fee is recoverable from the opponent when the case has been won – It is not deducted from your compensation and so you will receive 100% of any compensation awarded in your matter.

Disbursements

This word is used to describe the ‘additional expenses’ that your solicitor may have to incur on your behalf for example a police report fee medical report fees.