No win no fee is the term used to describe how solicitors may be prepared take on a case where they pay the costs of the litigation. Solicitors who operate on this basis pay for the medical reports, stamp duty, experts fees and all other costs associated with the case. The solicitor will not charge if a successful resolution is not achieved. The successful resolution may come about by either a settlement outside of court or by appearing in front of a Judge in Court.
In the vast majority of cases, clients would not be in a position to fund the cost of litigation and thus it is quite a common practice for specialised personal injury firms to operate on this basis.
The Law Society has strict rules in place regarding advertising that prohibit any solicitor from advertising their services as no win no fee.
It is important that you clarify with your solicitor before instructing them if they operate on a no win no fee basis .If so this must put in writing to you before you make a decision to retain/hire in a letter known as a Notice issued in accordance with Section 150 of Legal Service Regulation Act 2015 and encompassing Section 68 of Solicitors (Amendment ) Act, 1994.