Professional fees are the fees you pay to your no win no fee lawyer if they win your case. Personal injury lawyers in NSW and Victoria can’t take a percentage of your compensation payment – this rule protects you from being charged large fees for very little work.
Your no win no fee lawyer is only allowed to take fees for the services they’ve provided, through an hourly rate, or as set amounts for each of the services. However, your lawyer can cap their fees so that you know your fees can never exceed a certain percentage of your settlement.
If your lawyer doesn’t cap their fees, then you won’t know the maximum amount they could take from your settlement. But you can still ask for an estimate, and you can ask them to update their estimate regularly to make sure there are no nasty surprises.
At Law Partners, we cap our fees so you can be confident there will be no surprises after your case settles.