Holiday Insurance claim

[WaLLeMs]

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

[berg]

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