Our panel of solicitors have been working on business interruption claims since the pandemic began.
Stratton Richards is a trading name of Fernard Ltd. Fernard Ltd. is regulated by the Financial Conduct Authority and has been marketing for the legal sector for over 6 years. For most of that time, our panel of solicitors have been holding insurance companies to account and making sure that they pay out whenever and wherever they are responsible.
No Win, No Fee is a term used to describe an agreement between a Solicitor and a Claimant. It states that in this instance, the Claimant cannot be charged if their Business Interruption insurance claim is unsuccessful.
However, if your case is successful the solicitor may take up to 25% of the compensation awarded, although this will be subject to your individual circumstances and the actual fee may be more or less than this.
In some circumstances the solicitor may wish to insure the case with an “after the event” insurance policy, this will be done on a case by case basis.
In the circumstances where a Claimant cancels an agreement outside of the ‘cooling off’ period or is not co-operating, they could be charged a fee that is reasonable in the circumstances, reflecting the work undertaken by the Solicitor.