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No Win No Fee by BPC Lawyers

What Does “No-Win, No-Fee” Mean?

The obligation of a client to pay costs and disbursements to a lawyer is required to be agreed upon and set out in a Costs Agreement.

The Costs Agreement will deal with issues such as the hourly charge rate of the lawyers, when payment is to be made, the estimate of the total fees that are likely to be incurred and the types of disbursements that will also be charged.

A “no-win, no-fee” agreement relieves a client from paying legal fees unless and claim is successfully concluded. That is to say if the case is lost or does not end in a successful outcome, then the client is not required to pay the solicitor’s costs.

A successful outcome will be defined in the Costs Agreement, but usually refers to a settlement involving a financial benefit to the client or a judgment in favour of the client.

“No-win, no-fee” agreements are looked at favourably by many clients because not only does the agreement have the effect of reducing the client’s liability to pay legal costs, but will also instil in the client a confidence that the solicitor believes that the claim is likely to succeed. After all, why would a solicitor be wasting time and money in pursuing litigation if the claim was not likely to be won?

Party/Party Legal Costs

Ordinarily, the court will order that an unsuccessful litigant pay the successful litigant’s costs of a court case. Those costs are usually required to be paid on a party/party basis.

As a rule of thumb, party/party costs cover about two-thirds of the total amount of costs that have been incurred.

It is important to understand that a “no-win, no-fee” agreement does not operate to remove the client’s liability to pay an opponent’s legal costs if the claim is lost.

As with all Costs Agreements, it is important that you properly understand the “no-win, no-fee” Costs Agreement before the lawyer starts work. Whilst “no-win, no-fee” Costs Agreements are significantly more attractive than most Costs Agreements, there can be issues that you will need to discuss with your lawyer.

 

BPC Lawyers Recognised by Doyles Guide

BPC Recognised by Doyles Guide

PRESS RELEASE

BPC Recognised by Doyles Guide

BPC Lawyers have again been recognised by the Doyles Guide for our expertise in personal injury.

The Doyles Guide is an independent organisation that ranks law firms based on peer surveys as well as extensive telephone and face to face interviews with clients, peers and relevant industry bodies. It is pleasing for BPC Lawyers to be recognised by Doyles, as personal injury lawyers’ rankings are compiled by feedback from defendant insurance solicitors.

We believe having the respect of colleagues gives BPC an edge for our clients that other firms cannot provide.

In 2015 and 2016, BPC received the following rankings:

Leading Medical Negligence Law Firm (Plaintiff) – 2015, 2016;
Leading Motor Vehicle Accident Compensation Law Firm – 2015, 2016;
Leading Workplace Injury & Compensation Law Firm (Plaintiff) – 2015 / Recommended Workplace Injury & Compensation Law Firm (Plaintiff) – 2016; and
Leading Public Liability Law Firm (Plaintiff) – 2015, 2016.
LAWYERS

Courtenay Poulden

Leading Public Liability Compensation Lawyers (Plaintiff) – NSW, 2016
Recommended Motor Vehicle Accident & Injury Compensation Lawyers (Plaintiff) – NSW, 2016
Scott Hall-Johnston

Recommended Public Liability Compensation Lawyers (Plaintiff) – NSW, 2016
Recommended Medical Negligence Lawyers (Plaintiff) – NSW, 2016
Recommended Work Injury & Accident Compensation Lawyers (Plaintiff) – NSW, 2016
Mark Nelson

Leading Public Liability Compensation Lawyers (Plaintiff) – NSW, 2016
Leading Motor Vehicle Accident & Injury Compensation Lawyers (Plaintiff) – NSW, 2016
Kate Henderson

Leading Medical Negligence Lawyers (Plaintiff) – NSW, 2016
Leading Medical Negligence Lawyers (Plaintiff) – NSW, 2015

About BPC Lawyers

BPC Lawyers is a leading Sydney legal practice with accredited motor accident compensation lawyers, specialist workers compensation lawyers. The practice has its origins as a legal practice started by Barry Beilby in 1975. The business expanded significantly in 1993 when the practice merged with that of Flannery Mura & Costello, a firm specialising in Compensation law.

For more information, please visit The website.

Contact Info:
Name: Mark Nelson BPC Lawyers
Address: Level 18, 201 Elizabeth St., Sydney, NSW Australia 2000
Phone: +61 (02) 8280 6900

PRESS RELEASE

Australians Alerted To Proposed Changes To Motor Accident Compensation Laws

BPC Lawyers is a leading Sydney legal practice and accredited specialists in Personal Injury law. In a recent communiqué they make all Australians aware of the proposed changes to motor vehicle compensation laws.

The Minister for Innovation and Better Regulation, the Honourable, Victor Dominello MP announced in a media release on 2 March 2016 that the Government will be establishing a task force to counteract CTP fraud in New South Wales and will also conduct a review of the present CTP scheme.The Government has a clear agenda to reduce the cost of a green slip in New South Wales and is keen to see that a high proportion of the green slip premium goes towards helping the injured person.

Statistical information indicates only 45% of the premium is paid in direct claimant benefits and furthermore, 19% of the premium represents profit for the licensed insurers.

The Government has put on the table a number of potential reform options which are as follows: Option 1 – retain the current common law, fault based scheme with process improvements; Option 2 – retain the current common law, fault based scheme with adjustments to benefit levels as well as process improvements; Option 3 – move to a hybrid no fault, defined benefit scheme with common law benefits retained in parallel; and Option 4 – move to a fully no fault, defined benefit scheme with caps, thresholds and no common law.

As these discussions have progressed since March 2016, it appears the Government is in favour of option 3. This proposed scheme is similar to the scheme presently operating in Victoria which is managed by the Transport Accident Commission.

BPC Lawyers believe it is important to note the present scheme in New South Wales is already a hybrid scheme with no fault benefits paid to a significant number of classes of persons injured in New South Wales. For example, upon lodgement of the Accident Notification Form payments are made to injured persons up to the sum of $5,000.00 for medical expenses. There is also the blameless accident legislation, Lifetime Care and Support Scheme and no fault coverage for children.

In the Victorian scheme there are no payments made for gratuitous domestic assistance. At the present time in New South Wales, persons who are injured can receive assistance from friends or relatives with self-care and domestic chores but such assistance must be not less than 6 hours per week and for a period not less than 6 months. The rate is legislated by statute at $29.44 per hour and is CPI indexed.

If the present legislation is changed, BPC Lawyers believes there is cause for concern in ascertaining the entry level or threshold for access to common law benefits. Most objective observers of the proposed changes are concerned that the CTP scheme will not provide adequate economic loss compensation in most cases – meaning that those who cannot afford to pay for separate income protection insurance will be left ‘high and dry’.

Mr Mark Nelson, Partner of BPC Lawyers said, “more than ever, injured persons need to consult experienced practitioners in the area of personal injury litigation and seek the assistance of solicitors who have many years’ experience in personal injury.