Understand the Costs of Working with us

What you pay for the services you receive from us will depend on the specific agreement we enter into with you. The following information explains the different fee arrangements that may apply. For full details, please refer to the accompanying costs agreement.

No Win, No Fee

What is a no win no fee claim with a Solicitor?

It is an agreement between a solicitor and client under which the client only pays the solicitor’s charges if the claim succeeds*. Here the risk factor falls mainly on the solicitor.

*You may also be charged a cancellation fee if you cancel your No Win No Fee claim before it has concluded.

Advantages of No Win No Fee Claims

  • Claimants can get a significant advantage by filing a claim without the fear of expense or any losses.
  • It is a way to help claimants who may not have the funds needed to pay for litigation.
  • The Solicitor holds all the risk.
  • When a Solicitor agrees to support a Claimant on a ‘’No Win No Fee’’ basis, this assures a solid outcome and thereby it becomes less distressing for the Claimant.

Termination Fees

If you cancel your claim after 14 days the solicitor reserves the right to charge you a termination fee, please see the solicitor’s terms & conditions for more information.

How a solicitor gets paid if a ‘no win no fee’ case is successful

If your solicitor is successful in winning the claim process, you are entitled to receive 100% of the awarded compensation, Now, out of that compensation amount received you can pay your solicitor fees and cost as agreed upon which usually is XX% + VAT. So it’s in the best interest of the solicitor to fight for the highest amount possible. We will only take a case on if it has more than 50% chance of winning.

It is important that all essential points of agreements are written down as proof in writing before the trail and the objective is clear at both ends without the risk of losing.

NON-CONTENTIOUS BUSINESS AGREEMENT

No Win, No Fee Basis:

When we act under a non-contentious business agreement, you do not pay us any fees until we have successfully recovered compensation (or annulled or avoided any contract or enforced debt, as applicable to your instructions). However, if you abandon your instructions or breach your agreement with us, you will be liable to pay for the work we have already undertaken, charged at the hourly rates specified in your agreement.

Success Fee:

If your case is successful, our fee will be calculated as a percentage of the compensation we recover for you, as set out in the agreement. This fee may be deducted directly from any compensation you receive. Should you receive any monies directly in breach of the agreement, you will be liable for the fee. In addition, you may be charged interest at 8% per annum on any outstanding fees and for the cost of recovering these fees from you.

Disbursements:

We may incur additional expenses (“disbursements”) as your case progresses—such as court fees for pre-issue or third-party disclosure requests. These expenses will be notified to you in advance (or subsequently) and are payable by you, typically before they are incurred. In non-contentious matters, such expenses are usually minimal.

CONDITIONAL FEE AGREEMENT

No Fee Until Recovery:


Under a conditional fee agreement, you pay nothing until we recover compensation (or achieve the relevant contractual or debt-related outcome). If you abandon your instructions or breach the agreement, you will still be liable for the fees incurred, charged at the hourly rates stated in the agreement.

Conditional Fee and Success Uplift:

Should your case succeed, we are entitled to charge you for the work performed at the hourly rates, subject to an uplift of 100% as a “success fee” to compensate for the risk of non-recovery. This uplift is subject to a statutory cap of 50% of the compensation you receive. We voluntarily cap our fees at 40% plus VAT of your compensation, unless your claim is issued in a forum where costs recovery is limited to that cap.

Disbursements and Interest:


Any additional expenses we incur are your responsibility, whether your claim succeeds or not, and payment may be deferred until the case concludes—except for court fees or if you are in breach of the agreement. Interest at 8% per annum may be charged on any outstanding fees.


HIGHER FEE/LOWER FEE AGREEMENT

Differentiated Billing:

Under a higher fee/lower fee agreement, if your claim does not succeed, you are charged for the work performed at the lower hourly rate stated in your agreement. We may request an upfront payment on account for anticipated work or expenses, which will be held in your client account.

Success Payment:


Should your claim succeed, you will be required to pay us at the higher hourly rate for the work undertaken. We will then be entitled to the difference between the higher and lower rates (offset by any costs recovered from your opponent). As with other fee arrangements, abandoning your instructions or breaching the agreement will result in liability for fees at the standard hourly rate, payable within 14 days of termination.

Disbursements and Court Fees:


Expenses incurred as the case progresses remain payable by you. We reserve the right to request prepayment of court fees, which may be deducted from your final compensation if necessary.

ESTIMATED FEE AGREEMENT

Estimated Costs:


When working on an estimated fee basis, our charges are based on the hourly rates stated in your agreement, with an estimate provided by comparing similar matters. We may request payment on account for anticipated work or expenses, which will be held until work is completed and an interim or final bill is issued.

Payment Deductions and Interest:


Our fee will be deducted from any compensation you are entitled to receive, and you remain liable for any shortfall if you receive funds directly outside of the agreement’s terms. Interest at 8% per annum may be charged on any outstanding amounts, along with our costs for recovering fees.

Disbursements:


Expenses incurred are your responsibility whether or not your claim succeeds, and we may ask for these to be paid in advance unless stated otherwise.

FIXED FEE AGREEMENT

Fixed Fee Basis:


Under a fixed fee agreement, you pay us the fee stated in the agreement either upon instruction or in agreed stages before each phase of work commences.

Expenses:


We will specify any disbursements (expenses) that are anticipated. These disbursements may be payable on account prior to incurring them. Please note that fixed fee arrangements generally cover only specific “unpackaged” services—that is, the exact work described in the agreement without providing broader advice or representation.

Insurance Considerations:


All fee arrangements are subject to any Before the Event (BTE) insurance or legal expenses cover you may have under any membership, professional, or trade affiliation. You will be asked to complete a Funding Checks form, which forms part of your overall agreement.

COOLING-OFF PERIOD

If you cancel your claim after the 14-day cooling-off period, you may still be charged a fee. If you terminate the Agreement outside of the 14-day Cancellation period, you will be liable to pay Us our reasonable costs incurred in relation to Our Services please see our Terms & Conditions.

This document provides a general overview of the costs associated with working with Locksley Law Solicitors. For a full explanation of our fees and any specific terms applicable to your matter, please refer to the detailed agreement provided to you. Should you have any questions regarding our costs or require further clarification, please contact us at info@locksleylaw.co.uk or call 03301271950.