Total Legal Solutions

Legal Guidance and Research / Experts / Organisations / Total Legal Solutions

1 Experts

Clear all filter
Alex Bagnall

Total Legal Solutions

1 Contributions by Total Legal Solutions Experts

Discounted CFA with LEI: usual rate on success, LEI rate if not?
Q&As
What is a DCFA? Most practitioners know the ‘pure’ CFA, commonly referred to as a ‘no win, no fee’ agreement. Working under a pure CFA, the lawyer or legal representative is remunerated only upon a win, as the CFA expressly defines it. If that outcome is not achieved, no fee is payable for the professional work undertaken on the matter. For additional detail, see the subtopic: CFAs and DBAs for further information. A DCFA is often described as a ‘no win, lower fee’ arrangement in contrast to the pure CFA. Under a DCFA, the client agrees to meet the lawyer’s fees in full on success; if the case fails, a reduced fee is payable to the representative. The role of success fees Success fees exist to ensure a solicitor’s portfolio of CFA-backed litigation can operate at nil net loss overall. Put
Practice Compliance
If you expected to see yourself on this page, click here.