Thursday, 20 June 2013

Funding a medical negligence case


Once you have established with your personal injury solicitor that you have a strong case and it is worth filing for compensation, you will need to discuss your options regarding how best to fund your case. Medical negligence is a complicated matter and whilst it is common that most parties hope to resolve it as quickly as possible and avoid taking it to trial, the legal costs can quickly build up. There are a number of options to consider, which are outlined below but your solicitor should be able to explain each one in more detail as well as inform you of the pros and cons to each one.

Private Funding

This essentially means funding your claims yourself using your own money. You will need to have a good idea or an estimate of how much the whole procedure is likely to cost, so that you can prepare for it in advance. Your solicitor will be able to advice you on this matter.

Legal Aid

Legal aid or public funding is available for people experiencing extreme financial hardship, who are likely to win the case and receive enough compensation to make pursuing the claim justifiable.

Legal Expenses Insurance

Some insurance policies cover legal expenses, but this is not always the case. It is however worth checking, as it could benefit you significantly.

No-Win-No-Fee arrangements

These conditional fee agreements are becoming increasingly popular and more and more personal injury solicitors are offering them as a funding option. They essentially mean that if you don’t win the case you don’t have to pay your own legal fees. You are sometimes however, required to pay a certain amount on the beginning whilst your solicitor decides whether or not your medical negligence case is strong enough to be worth taking on.

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