Friday, November 1, 2019

Conditional Fee or Contingent Essay Example | Topics and Well Written Essays - 750 words

Conditional Fee or Contingent - Essay Example The essay "Conditional Fee or Contingent" talks about the conditional fee which is in the United States or in other words, a contingent fee in the United Kingdom is a fee system which provides services where the fee is only to be paid if a constructive result is shown. This system is also known as ‘no win no fee’ system. No win no fee system, in general, is an English legal system which refers to a conditional fee contract amid a customer and a law. The process of this agreement is that a lawyer will take the authority of this law or case, by knowing the fact that if lost than he or she will not be rewarded or paid. But if the case is won by the solicitor, he or she will be paid on hourly basis. As a contrast with the US, the triumph fee is much greater than the normal fee in the UK. Conditional fee system is usually found in countries such as in England, Canada, Northern Ireland, Scotland, Ireland, Australia, New Zealand, France, Greece, Japan, the Dominican Republic, B razil and in the US. Conditional fees permitted for a limited series of cases such as personal injury, insolvency etc. cases in 1999. But in 2000, legal aid was not obtainable for injuries, fatal accidents, business matters or law for partnerships. Legal aid got banned due to the more appropriate proceedings because of conditional fees. There are many advantages of conditional fee agreement as it provides admittance to the courts for the people who do not have enough money to pay the fees of lawyers and the overheads of civil court cases.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.