e.g. CTP Payout, What is CTP

A “no-win, no-fee” agreement that CTP Claims Lawyers offers to its clients allows access to justice for drivers, passengers, motorcyclists, cyclists and pedestrians seeking legal representation for claims for loss of income and other losses from motor accidents, truck accidents, motorcycling accidents and cyclist accidents. Often referred to as “no-win, no-charge” and “no-win no-pay,” fees and case expenditures are only payable when the claim is successfully finalised or you are made a reasonable settlement offer that you decline to accept.

With your lawyer taking on the financial burden of pursuing your case, you can focus on your recovery and in the meantime on how best to care for your family.

No Win No Fee – why is it important?

CTP insurance companies have a huge legal budget and claims denial is just part of how they do business.

Because they are so big, they have been able to persuade the government to change the legal system so it works in their favour. As a result, motor accident compensation claims for drivers, passengers, motorcyclists, cyclists and pedestrians are much harder to win and the damages that the at-fault party’s insurer  must pay to the person injured through no fault of their own has been diminished substantially.

Motor accident compensation rights that just 20 years ago we could take for granted – and that citizens of other English-speaking nations still enjoy – have been subverted or abolished altogether.

If insurance companies had their own way they would pay next to no motor accident claims whatsoever.

“No-win-no-fee” terms that CTP Claims Lawyers and other firms offer gives a leg up to ordinary individuals with limited resources to be able to take on these powerful insurers.

Can I be left with a legal bill to pay?

There’s no need to worry that after legal costs are charged you will be left with a legal bill to pay. Queensland law protects your interests by placing an upper limit on  professional fees (including GST) that can be charged to a ‘No Win. No Fee.’ client.

The 50/50 rule guarantees that any legal fees that you are charged can not exceed half of the sum left after refunds (eg to Medicare, Centrelink etc) and case expenses (barrister fees, medical specialist report fees etc)  have been deducted.

This rule often comes in to play in claims that have a settlement value of less than $80,000 because insurance companies are only liable to pay any of the injured person’s legal costs if the settlement value is higher than that sum.

What happens if your case is successful?

If your claim results in a payment or an offer of payment to you, costs are calculated according to the work actually performed. These together with expenses incurred are payable out of the claim proceeds.

Some law firms would then charge you an additional uplift fee (also known as a success fee).

CTP Claims Lawyers does not charge any uplift fee</strong> that can be as high as 25% of the professional fees.

What happens if your case is unsuccessful?

If a “No Win. No Fee.” law firm is unable to resolve a claim with a payment or offer of payment to you, then you do not have to pay any legal costs whatsoever.

More than 95%  of our client’s disputes are settled at CTP Claims Lawyers without having to go to court. If we accept your case on a no win no fee basis it’s because our technical knowledge and legal expertise gives us the confidence to proceed to a winning outcome.

What is covered by our “No Win No Fee” Injury Claims agreement?

Once you choose CTP Claims Lawyers, we will evaluate your prospects of success and discuss no win no fee terms with you. In most cases it covers absolutely everything along the way until we achieve a successful outcome for you.

Are you eligible for “No Win No Fee” Injury Claims representation?

Before we offer No Win. No Fee terms, we need to be sure that:

  • There is legal merit to your claim
  • Your claim has a good prospect of success. A strong case may typically be settled and resolved without the need to go to court which will keep legal costs lower and eliminate the possibility of losing in court.
  • You could not afford to take legal action without no win no fee representation;
  • You are fully aware of the costs that apply if the claim is successful.

The greatest advantage of a “No Win. No Fee” agreement  is to ensure that, irrespective of your financial status, you can get justice in the legal system. In compensation cases, there are typically time limits involved and it might not be an option to wait until you can afford to hire an expert law firm.

We reserve the right to assess the success prospects of your potential claim. Call or email today for a no-obligation “No Win No Fee” discussion with our expert claims lawyer. A discussion with our experts will help relieve stress and anxiety at an already difficult time for your family.

Time limits that restrict the period in which you may make a claim, unfortunately, don’t give you the luxury of deferring any action.