In the early twentieth century, the United Kingdom saw a major problem with its legal system, a situation that spanned a long period until the no win no fee soliciting system was introduced in the mid-twentieth century, keeping in mind the sadly concentrated judicial system.. While the system was quite flourishing in its own right and there were a huge number of solicitors working in the legal market, the system had not really reached to the common masses. The reason behind this was pretty obvious: the filing of a court case did not come easy on the pocket, and the middle classes were simply not wealthy enough to afford a case that could be, and invariably was, expensive as well as lengthy. The success of this system was almost instantaneous; the people cashed in on the idea of not having to pay the fees of the lawyers unless the case was won, and the high monetary stakes associated with the cases provided the incentive for the no win no fee solicitors to work ever harder on the cases.
The Unprecedented Downsides
As time passed, the regular implementation of the articles became more and more common among people. As a result, the downsides began to be noticed more and more, as always happens with things that become familiar enough and their novelty wears off. The various loopholes in the law began to be noticed by pole who availed of the no win no fee soliciting system. The biggest problems faced by the people was the apparent guilelessness of the system, something which disarmed many who approached this agreement, only to realise soon enough that there are quite a lot of fine prints between the lines.
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The Unprecedented Downsides
As time passed, the regular implementation of the articles became more and more common among people. As a result, the downsides began to be noticed more and more, as always happens with things that become familiar enough and their novelty wears off. The various loopholes in the law began to be noticed by pole who availed of the no win no fee soliciting system. The biggest problems faced by the people was the apparent guilelessness of the system, something which disarmed many who approached this agreement, only to realise soon enough that there are quite a lot of fine prints between the lines.
- For starters, the conditional fees settlement refers to the waiving of only the fees of the lawyer; there are other additional costs that need to be covered. So, the whole idea is not as financially liberating as it sounds.
- While the financial interest that the no-win-no-fee solicitor automatically has in the cases filed under this agreement ups the impetus to work, it also has a downside. The lawyer’s financial interties might turn him or her into a rather manipulative person, and the outcome of the case might not be exactly the way you imagined it.
- The first step into filing the claim; that is, finding a lawyer might become problematic. Since the stakes are so high, only the most sure-shot cases will be taken on by the no win no fee solicitors.
- A conditional fee claim demands that the opponent is immediately notified of the same. This is necessary because of the risk assessment and cost estimate that needs to be drawn up by the opposition. Since this is mandatory, in many cases, details of the case also needs to be disclosed, which leads to the fact that many tricks and cards have to be revealed, thus giving the opponent considerable advantage over the claimant.
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