Understanding the Process: From Compensation Claim NSW to Compensation Settlement

Posted by Paramount Lawyers
1
Apr 13, 2016
203 Views
Image

When you have to file a claim, it is important to hire an accredited specialist in order to have peace of mind during this emotionally distressing time in your life. Accredited specialists in personal injury law have to constantly meet strict requirements in terms of education, experience and conduct.  The Law Society of New South Wales regulates the process, and lawyers must adhere to certain codes in order to handle compensation claim NSW cases.

Considerations For your Compensation Claim NSW

1.Fees for legal representation

This also applies to costs, which means that lawyers can only charge a maximum charge of 50% of the compensation settlement amount. They must also charge service hours as outlined in the terms and receipts, rather than charging percent fees. Lawyers must provide clear specifications in their bills, such as itimised listings of the times when they have spoken to you on the phone, letters that were sent, and so forth.

Accredited specialists in personal injury law often work on a no win, no fee basis, which means that you only pay when the case is won. These lawyers generally only take on cases when they are confident that they can secure a settlement on your behalf. however, what happens if they don't? In the event of an unsuccessful claim, you will not have to pay for direct services from your lawyers, but you may still be liable for external costs such as legal expenses of the opposing party, or for medical assessments.

2. Benefits of hiring a lawyer to represent you

You may consider representing yourself in a compensation case, but it may not be a good idea, because:

  • Compensation settlements are complex, but compensation lawyers are highly skilled.
  • They may take up to 50% of your settlement amount, but you're likely to receive a much higher settlement thanks to their experience.

3. Who to hire

When looking for a personal injury lawyer, you will find there are any notable firms to choose from in New South Wales. It is important to find a lawyer you feel comfortable with, and who meets your particular needs. However, we recommend  you find one who:

  • has offices in Sydney and surrounding areas
  • who is willing to travel, in case you are unable to do so
  • is an accredited specialist recognised by the LAw Society.
  • offers no win no fee representation
  • has experience in working in the different jurisdictions.

At the end of the day, the lawyer you choose must suit your needs and be able to secure a fair settlement on your behalf.

Comments
avatar
Please sign in to add comment.