Paying For A Professional Negligence Claim
Making professional negligence claims can often be a complex and lengthy process
. This means that if you are thinking of bringing a case of professional negligence litigation, you need to think very carefully about how you will be funding your case before you proceed.
There are a few different costs involved that you need to be aware of, as well as a few different ways in which you might be able to fund your case. This article looks at what they are.
As you might expect, when bringing any professional negligence claim against, there will be legal costs involved. The amount this will cost will depend on the particular lawyers you hire, the amount of work involved in your case and how long the case goes on for before being resolved. There might also be additional costs associated with your case, such as sourcing expert witnesses and paying for their time in preparing a specialist report [and in attending court and giving evidence on your health] if necessary, as well as documents that might be able to help your case.
When it comes to paying for your case, there are a few things you could consider. One option would be to pay for your case privately; however, as negligence litigation can often take a long time, it can be quite costly to do this and so it can be a good idea to consider other options. Your lawyers will be able to give you all of the details you need in order to decide the best way to fund the costs associated with your case. In any event, when appointing lawyers, make sure that yours specialize in professional negligence litigation - as this is a particularly complex area of law that few lawyers deal with on a regular basis.
Some professional negligence litigation lawyers operate on a no win no fee basis. This means that if your case is ultimately unsuccessful, you will not have to pay any legal costs. If your case is successful, however, then your costs will be paid by the losing side.
There are also forms of insurance that you can take out that can help to cover legal and other costs associated with your case. When you sue a professional, they will generally have comprehensive insurance that covers them for these sorts of cases. Solicitors, for example, are obliged to have a minimum of 2000000 indemnity insurance - and many firms have considerably more. So if such professionals have to pay you compensation, it will normally come out of this insurance on behalf of the company rather than the individual themselves.
by: Tim Bishop
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