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Author Topic: Holiday Insurance claim  (Read 1034 times)

Offline WaLLeMs

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Holiday Insurance claim
« on: January 29, 2016, 11:51:15 am »
Hey guys,

I been put through solicitors to help with my claim to Thomson however i just dont understand what this means

"The success fee is based on the following percentage increase

100% on a single stage success fee

Offline berg

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Re: Holiday Insurance claim
« Reply #1 on: February 02, 2016, 04:35:56 pm »
Speak to the solicitor at Thomsons.

Following the implementation of LASPO Act (2013) success fees can no longer be recovered from the losing party, so the Claiamnt no longer gets a free lunch if your solicitor is acting for you under a "no win, no fee" agreement. Clearly, the success fee wont be 100% and the CFA should probably have been re-drafted.

Success fees in personal injury claims are capped at 25%, so now if your example your claim is worth £3000.00 you get £2250.00
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