What does no win no fee mean?

No Win No Fee means that you only pay the solicitor’s costs if you are successful. Sometimes they are called a conditional fee agreement or CFA. The solicitor works on your case without being paid until the agreed result is achieved. Having a No Win No Fee agreement massively reduces the risks of bringing or defending a claim. Usually the solicitor will include a success fee in No Win No Fee agreement. A success fee is an agreed increase to the solicitor’s usual hourly rate to compensate them for the risk they run of not getting paid under a No Win No Fee agreement. This success fee can be up to 100% of the normal fee. In some cases a solicitor may offer a No Win No Fee or CFA without charging a success fee.