What percentage do we take? That depends on how far we have to take it. Happy to discuss if you get in touch.
Yeah, I didn’t think it’d be that simple. You must have a pricing plan, unless you just make it up as you go along? What’s a typical commission from a successful case? 30%? 60%?
I’m asking because in my experience of “no-win, no fee” companies, the small print that they’re all so cagey about is that the other side of the coin is “yes-win, and we’ll take most of it.”
I may be doing you a disservice as I don’t know anything about your company, but I made a compensation claim a few years back and had a very nasty shock as to how little I got back from the claim after the fee for sending a couple of letters had come out. I think from memory their fee came out at about 40% of the entire award, and that didn’t even touch the legals, it was an out-of-court settlement. Strangely, it’s something that hadn’t even been mentioned until it was in the second half of the sentence that started “you’ve been awarded…”
If Dirtybird / anyone else is thinking of using a company with this sort of pricing model, my advice would be that you need to have that conversation right out of the gate before you agree to anything.