Trending...
- CredHub and ManageAmerica Partner to Empower Residents Through Seamless Rent Reporting Integration
- The ITeam Ranked on Channel Partners 2025 MSP 501—Tech Industry's Most Prestigious List of Managed Service Providers Worldwide
- IQSTEL Surges Toward $400M Run Rate with $101.5M in Revenue—Reinforces Billion-Dollar Vision Backed by Fintech, AI, and Cybersecurity
REDCLIFFE, Australia - AussieJournal -- If you're considering undertaking a personal injury claim under a 'No Win No Fee' arrangement, it's useful to better understand some of the conditions that may apply.
What happens if costs are greater than the damages that are recovered?
Helpfully, there are provisions in the Legal Profession Act 2007 (Qld) which make it a requirement for law firms acting on a no win, no fee basis to reduce their fees in circumstances where their professional fees would exceed the amount that a Claimant would receive "in the hand" from the damages claim. That rule is called the 50/50 rule and provides some assurance that should you succeed in the claim, your costs must be such that you receive a reasonable amount "in the hand" from the claim.
What happens if I lose my case?
More on Aussie Journal
If a claim has been undertaken on a No Win, No Fee basis, if you are unsuccessful in the action, you do not have to pay any costs to your solicitor for the work they have performed. However, that does not mean that the case is risk free. In circumstances where the matter has proceeded to a court trial and a court has determined that the claim is unsuccessful, it is commonly the case that a court can order that the unsuccessful claimant contribute to the legal costs of the defendant in defending their claim.
How many cases go to Court?
Very few cases for personal injury matters proceed all the way to court. Approximately 98% of cases settle by agreement without a trial. There are many positives to resolving a claim by agreement if possible. These include limiting costs, time and stress. However, the court is always there should the parties fail to be able to come to an agreement and a decision needs to be made.
Based in Redcliffe, Crew Legal are personal injury lawyers who assist clients across Queensland. Visit https://crewlegal.com.au/ to learn more.
What happens if costs are greater than the damages that are recovered?
Helpfully, there are provisions in the Legal Profession Act 2007 (Qld) which make it a requirement for law firms acting on a no win, no fee basis to reduce their fees in circumstances where their professional fees would exceed the amount that a Claimant would receive "in the hand" from the damages claim. That rule is called the 50/50 rule and provides some assurance that should you succeed in the claim, your costs must be such that you receive a reasonable amount "in the hand" from the claim.
What happens if I lose my case?
More on Aussie Journal
- $796,000 in Q2 Revenue Marks Highest Earnings to Date on 3 Trailing Quarters of Profitability in Multi-Billion Homebuilding Sector: Stock Symbol: IVDN
- Cybersecurity is THE Hot Market Sector; Revenues, Earnings & Profit matter; Only 33 Million Shares + a Huge Short Position Equal an Undervalued Stock
- Despite Global Calls for a Ban, US Child Psychiatry Pushes Electroshock for Kids
- Franco Polished Plaster Celebrates 35 Years of Bringing Walls to Life in the UK
- Highest Awarded Coffee Roaster Turns 15!
If a claim has been undertaken on a No Win, No Fee basis, if you are unsuccessful in the action, you do not have to pay any costs to your solicitor for the work they have performed. However, that does not mean that the case is risk free. In circumstances where the matter has proceeded to a court trial and a court has determined that the claim is unsuccessful, it is commonly the case that a court can order that the unsuccessful claimant contribute to the legal costs of the defendant in defending their claim.
How many cases go to Court?
Very few cases for personal injury matters proceed all the way to court. Approximately 98% of cases settle by agreement without a trial. There are many positives to resolving a claim by agreement if possible. These include limiting costs, time and stress. However, the court is always there should the parties fail to be able to come to an agreement and a decision needs to be made.
Based in Redcliffe, Crew Legal are personal injury lawyers who assist clients across Queensland. Visit https://crewlegal.com.au/ to learn more.
Source: Crew Legal
0 Comments
Latest on Aussie Journal
- A Novel-in-verse Journey To Offer Hope In The Wake Of The Climate Crisis
- Preliminary.online Introduces Short-Term Job-Readiness Courses with Employer-Verified Certifications
- Psychologist-Turned-Hermeticist Releases Modern Guide to the Seven Hermetic Principles
- Winners Announced for Asia Pacific Business Awards 2024-2025
- Hamvay-Lang and Lampone.hu Join Forces with AIMarketingugynokseg.hu to Elevate Hungarian Lifestyle Brands on the Global Stage
- Google AI Quietly Corrects the Record on Republic of Aquitaine's Legal Sovereignty
- NYC Leadership Strategist Stacie Selise Launches Groundbreaking 4S Framework Series to Redefine Executive Excellence
- Make Innovation Matter: Support H.R.1's R&D Expensing Relief for American Small Businesses
- Agreement to Supply US-Based Defense Provider with Thin-Film Solar Tech for Orbital Application; Ascent Solar Technologies, Inc. (N A S D A Q: ASTI)
- Byrd Davis Alden & Henrichson Launches Independence Day Safe Ride Initiative with 500 Free Uber Credits
- Inner Canvas Counselling Launches New Online Platform for Empowering Mental Wellness
- Common Mistakes to Avoid When Making a Public Liability Claim
- databahn Launches GenAI Sales Intelligence Platform to Revolutionize Fortune 500 and Global 2000 Account Research
- IRF Builders Forum Brings Global Leaders to Washington, D.C. to Advance Religious Freedom Through Cooperative Engagement
- Colorado Scenthound Locations Partner with Humane Colorado to Give Adopted Dogs a "Clean Start"
- Endoacustica Europe Unveils iPhone 13 Pro Max Spy Phone—Pure Hardware, Zero Software Changes
- Suzanne Harp named Managing Director in Texas, USA
- $10 Million Acquisition of GXR World Sports Assets Energizes Global Launch of Sports.com Super App by Online Lottery-Sports Game Provider: Lottery.com
- Shop American Made Goods: New Online Marketplace My American Goods Curates the Best of U.S. Made
- Investor Spotlight: Cycurion, Inc. (N A S D A Q: CYCU) Secures $69M in Contracts Amid Surging Demand for AI-Powered Cybersecurity Solutions