If a company or organisation is storing your personal data and fails to keep it secure which has ultimately resulted in a breach, you have the right to make a claim for compensation. Being able to access expert legal advice is a fundamental right. However, for many people, the large costs involved with legal fees and appointing a solicitor to represent them can be a deterrent when it comes to making a claim.
This is why more and more solicitors are offering their services to help clients to get data breach compensation no win no fee. No win no fee is a phrase that is used often but what exactly does it involve and are there any hidden costs you should be aware of? Read on to find out.
What is a no win no fee agreement for data breach compensation?
No win no fee is an arrangement between you and your solicitor. It is also often referred to as a Conditional Fee Agreement, meaning that if your claim is not successful, you won’t be required to pay any money for the work that has been carried out by your solicitor. However, you still have certain obligations under a no win no fee agreement. These are:
- You must be honest and not mislead your solicitor in any way
- You must not fail to cooperate with your solicitor
- If you decide to cancel your claim, you will be responsible for all costs and disbursements accumulated by your solicitor
- You are required to act in accordance with the agreement and advice given by your solicitor
Making a no win no fee data breach claim
Whilst each case is different, the experienced and professional solicitors we put you in contact with will typically be able to let you know straight away if you have an eligible claim or not. Once it has been confirmed that you want to continue with your data breach claim on a no win no fee basis, our partnered solicitors will take away all the stress and hassle for you, handling all the complex legal work for you.
In the majority of cases, the loser of the claim has to pay the winner’s costs and disbursements (other legal expenses like court fees) when formal court proceedings have been issued. To ensure you are protected from these costs, it might be necessary to get insurance that will cover you against this risk. This is called ‘After the Event’ insurance (ATE), our partnered solicitors will be happy to provide you with more information about this and answer any questions you might have.
What if your no win no fee data breach claim is successful?
If you pursue a no win no fee data breach claim for compensation and it is successful, you will normally need to pay a contribution towards your solicitor’s costs. This contribution is known as a ‘success fee’ and is taken from the compensation that is awarded to you.
The amount of success fee you will pay depends on when your case is settled. Your solicitor will always make sure that you are made completely aware of any possible costs that could occur before starting your claim.
Contact us today to find out more about how our trusted partner solicitors can help you with your no win no fee data breach compensation claim.