Capped legal fees for all No Win No Fee personal injury claims
The “50/50 Rule”
To make it affordable for you to make a claim, most personal injury law firms run claims on No Win No Fee basis. This is known as a conditional costs agreement.
However, it is a myth that a lawyer can end up charging you more than you receive in compensation, or that lawyers charge large percentages. In Queensland, it is actually illegal for firms to charge fixed percentages on your claim – so with most No Win No Fee arrangements, the lawyers professional fees are calculated and charged by the time spent on your case (and charged by the hour).
By law, professional fees charged by No Win No Fee lawyers cannot exceed 50% of your personal injury settlement or court award. This maximum charge is known as the ’50/50 rule’ and it applies regardless of the amount of hours that are spent on your claim. This gives you a ‘worst case scenario’ style cost protection.
Our “60/40 Rule”
At ROCHE Legal, we believe you deserve more than just half of your settlement even in the worst case scenario. We strive to run your claim as cost effectively as possible and only ever charge by the hour – but we set our cost cap at a maximum of 40% rather than the legislated maximum of 50% under the 50/50 rule.
So with us, you are guaranteed to collect an absolute minimum of 60% of your settlement – no matter what.
This is why we say our offer is better than the standard no win no fee cost protections.