In contentious business, and in accordance with section 149 of the Legal Services Regulations Act 2015, a legal practitioner shall not charge any amount in respect of legal costs expressed as a percentage or proportion of any damages (or other moneys) that may become payable to his or her client or purport to set out the legal costs to be charged to a junior counsel as a specified percentage or proportion of the legal costs paid to a senior counsel. A legal practitioner shall not without the prior written agreement of his or her client deduct or appropriate any amount in respect of legal costs from the amount of any damages or moneys that become payable to the client in respect of legal services that the legal practitioner provided to the client.
In contentious business, a solicitor may not calculate fees or other charges as a percentage or proportion of any award or settlement in accordance with section 149 of the Legal Services Regulation Act 2015.
No Win No Fee Explained - A ‘no win no fee’ arrangement is a financial agreement made between a solicitor and client in which the solicitor agrees to only be paid if the case is won. This arrangement is often used in personal injury and other civil cases, and it enables people who may not be able to afford the cost of a solicitor upfront to still pursue legal action. The exact terms of the agreement, including what defines a “win” and any additional costs that the client may be liable for, should be clearly defined in the contract between the client and the solicitor.
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