- August 30, 2016
- Posted by: Seymour Furlong
- Category: No Win No Fee
If you have suffered a personal injury and are dealing with a situation that is both personally and financially difficult and stressful, you want to know that you are in good hands. You also want to know that a very experienced, professional lawyer. At Seymour Furlong Lawyers, not only are we by your side to protect your rights, but we also are there to help you get back on your feet.
With the above being said, you may also want (and/or need) to know at the very outset of any intended claim, what legal costs you will be ultimately responsible to pay for to progress your claim to an outcome.
Other Firms’ Fees
It is a requirement for law firms to enter into a cost or client agreement with an individual should they wish to proceed with a personal injury law claim. Different firms have different agreements and therefore, it is vital that you fully read and understand the contents of a costs agreement before signing one. Your lawyer should explain the entirety of the cost agreement contents to you. Make sure that the agreement accords with how you believe your claim will be progressed, and that you are fully aware of what costs may be incurred throughout the life of your claim. If in doubt: ASK!
Personal injury law firms charge their clients different sorts of fees and in different manners when you instruct them how to handle your claim. Many personal injury law firms and lawyers charge their clients hourly rates which can lead to increased legal fees and costs. These fees are based on the time period in which it takes the lawyer to perform the work in relation to a claim.
Such system may not be beneficial to the client as it is based essentially on how efficiently or inefficiently a lawyer performs the work to progress the claim. Alternatively, other personal injury law firms may charge a flat rate or lump sum based on, for example, the matter progressing through certain phases. This approach may also not be beneficial to a client (ie. a firm may not be driven to proactively investigate all aspects of your claim to achieve the best outcome for you in the circumstances because of cost capping limits).
At Seymour Furlong Lawyers, we offer a No Win No Fee guarantee which means that all claims we deal with are done on a complete No Win No Fee basis both with respect to our professional fees and outlays.
Professional Fees and Outlays
“Professional Fees” are the costs to cover our time to perform the work to progress your claim.
“Outlays” are costs incurred to ensure the best outcome for your claim and are amounts that are paid to external parties (other than our firm) to progress your claim. Some examples of outlays that you may see include doctor’s report fees, barrister’s fees, liability expert fees and search fees.
No Win No Fee
Our No Win No Fee guarantee means that you do not have to pay any legal costs whatsoever (be it Professional Fees or Outlays) unless you are successful in obtaining a monetary settlement or awarded damages from the court by way of a judgment in your favour. This approach is often commonly referred to as a speculative basis or “Spec” basis.
The fees that we charge are not based on an excessive hourly rate. They are based on the court scale of fees which means that our fees are very competitive and far less than some of the fees charged by other lawyers practising personal injury law in Brisbane.
Seymour Furlong Lawyers provide this No Win No Fee guarantee to our clients to ensure that you receive the personalised attention that you deserve and to ensure your claim is thoroughly investigated to guarantee that all available legal avenues or options are explored and you receive the best possible outcome or maximum compensation that is achievable in relation to your claim.
Prior to any settlement of your claim, we will ensure you are fully aware of the total fees payable by you to our firm and what monetary sum you will ultimately receive in your hand if the claim is to settle, so that you can make a fully informed decision about whether to resolve your claim in the circumstances.
Contact us today for an obligation fee initial consultation to discuss your individual case.