For people who are injured in car accidents or on someone else's premises, the opportunity to receive a guaranteed 100 percent compensation award for damages is very attractive. In most instances, these injuries can result in permanent damages that cost the victim more money than he can possibly afford in medical expenses. Because many victims in the past could not afford to even hire solicitors to handle their legal interests, these no win no fee agreements were introduced as an alternative.

The high cost of legal representation:

Solicitors are among the most highly-sought professionals in any industry on Earth. Because of the critical role that they play in the legal process, they command rates that are often in excess of the common man's ability to pay. Still, these services must be obtained if these victims are going to have any realistic expectation of receiving the damage awards to which they are entitled as a result of their accidents and injuries.

In the past, many pure plaintiffs have simply forsaken their opportunity to recover damages owed to them, simply because they could not come up with the resources necessary to hire competent counsel. Today's solicitor, however, has more options available to him than ever before and can now contract with these victims to ensure that their best interests are properly represented in a court of law.

The conditional fee arrangement:

These guaranteed 100 percent compensation awards fall under the conditional fee arrangement structure. With these agreements, solicitors agree to represent their client on the condition that the solicitor only receives payment if he wins the case and secures an award. This success fee includes both the solicitor's normal fees as well as a percentage of any final judgment amount.

It should be noted, however, that the one hundred percent guarantee is exactly that. It is a guarantee that the entirety of the solicitor's payment will be paid by the losing party. Thus the claimant receives the entire amount awarded, and the money owed to the solicitor is added to the overall award and paid by the opposition. This arrangement works to the benefit of both the claimant and the solicitor.

The risk:

Obviously, the risk in such an agreement is borne by solicitors and claimants alike. For the solicitor, the option of working with no surety of payment is always a risk. For the claimant, every suit at law contains the risk of failure. Of course, all solicitors factor this risk level into their fee agreement. In general, most solicitors reserve the lowest fee rates for the cases that have the most obvious chance of success.

The advantages:

The main advantage is, of course, the claimant's ability to secure the representation he needs when he needs it the most. There are, however other important advantages that this structure offers. For instance, most solicitors are careful to research and make basic judgments about cases they are willing to accept under this fee structure. If a solicitor is willing to undertake representation on such conditions as these, chances are that he believes that a strong case exists.

This system also provides a strong incentive to any solicitor to thoroughly prosecute these matters to the best of his ability. Since he only gets paid if the case is successful, he is more likely to put his full effort into the process to ensure that he receives his reward. This can be a great boon for clients who may have had poor experiences with legal representation in the past.

Locating the deal:

Claimants may have to speak with several solicitors before finding one that will make these kinds of arrangements. In some cases, solicitors may want both their normal fees and a percentage of the claimant's winnings. That is a far different situation than dealing with a solicitor who takes all of his earnings from the losing party in the case.

In most cases, medical negligence cases offer the least promise for rapidly locating a solicitor willing to provide representation under these payment terms. For personal injury claims that arise from other circumstances, however, most claimants should have no difficulty locating a competent solicitor using any of the major internet search engines or other directories.

In the end, this arrangement offers true hope for personal injury accident victims, and can provide them with the opportunity they need to receive the compensation to which they are rightfully entitled. Best of all, the solicitor's promise of guaranteed 100 percent compensation helps to ensure that all of the money these claimants win in court can be used for their own personal needs.