How Do Compensation Lawyers Operate in NSW?
Compensation lawyers must meet strict conduct, experience and educational requirements before practising law in New South Wales. Practically all aspects of practising law and representing clients is highly regulated, including the costs associated with compensation lawyers. For example, if you have receive a successful compensation settlement working with a NSW compensation law firm, the maximum they can charge is 50% of the settlement amount. They also cannot charge percent fees of your settlement – They must charge based on their service hours to you which are clearly outlined in their terms and receipts.What is billable to clients is often highly specific such as the time spent speaking to you on the phone or fees for each letter sent to you. If you feel concerned about your fees, you have the right to request a bill from your lawyers specifically outlining your charges.
Do I Pay Anything If I lose a ‘No Win, No Fee’ Case?
If you do not win, you will not be charged any direct service fees from your lawyers – However, you may still be required to pay external costs such as fees for medical assessments and the opposing parties legal expenses.
Is it worth using a law firm for a personal injury compensation case in NSW?
It is generally highly advised you do not represent yourself for a compensation case. Compensation law firms are highly experienced with the inner workings of compensation settlements, dealing with insurers and avoiding the courts. While they are entitled to charge up to 50% of your settlement amount, the settlement amount that a compensation law firm will be able to achieve is much higher than an individual would be likely to attain, as they have essential experience dealing with insurance companies that individuals generally do not.
What Are Some Notable Compensation Law Firms in NSW?
There are many notable law firms, which you’ll be able to find using the Law Society of NSW’s ‘Find a Lawyer
’ search.One law firm of note is LHD Lawyers
who are developing cutting edge technology that ensures they remain on the forefront of firm > client relations.In reality, there is often no ‘bad’ or ‘good’ law firm. Each firm will have stand out lawyers and it’s generally advised to consult with at least a few firms to determine who you feel most comfortable with to take your case.For more general information, the NSW State Library has free, quality resources in layman’s terms describing the basic ins-and-outs of dealing with lawyers in NSW available – Read more about legal costs charged by NSW law firms