No Win-No Fee

No Win No Fee & Our Low Cost Guarantee

When you engage a lawyer to handle your personal injury compensation claim on a “No Win No Fee” basis, it means that you pay nothing up front towards legal costs, and you only pay legal costs from the compensation recovered in your personal injury claim. While this is important to help injured people access justice, in reality there is nothing unique about it. Most, if not all, lawyers who handle personal injury compensation claims offer “No Win No Fee” terms. In deciding whether to retain a “No Win No Fee” lawyer, a more important question to ask is: how much am I going to pay at the end? Our market leading approach to this question is the vbr Lawyers difference.

At vbr Lawyers, our mission is to provide an outstanding “no win no fee” service for a reasonable cost. We ensure it is always our clients that benefit most from their injury compensation claims, not us. We have heard the horror stories about badly injured clients who have ended up with very little after the lawyers have taken their fees and we are absolutely determined to ensure that will never happen in any personal injury claim we run. We use three key measures to achieve this.

First, our hourly rates are much lower than our major competitors. The highest hourly rate we charge – for work done by directors of the firm – is $495.00, some $300.00 to $400.00 less per hour than charged by the large personal injury firms. We can do this because unlike certain firms that are listed on the stock market, we are not under pressure from shareholders to ramp up profits year after year. We do not rely on expensive CBD office space. We do not employ large teams of people working on one file. We just rely on the tried and true, traditional cost effective model of a single experienced lawyer running your claim from start to finish and providing outstanding personal service along the way.

Second, we do not charge uplift fees. Lawyers running “no win no fee” claims are entitled to charge an uplift fee of up to 25% on top of their professional fees, or fees for the time spent by lawyers working on your claim. It is intended to provide an additional fee to lawyers in claims that are particularly complex, but unfortunately many firms have adopted the practice of charging this uplift fee in every case, no matter the size or complexity. We think this practice is unfair and unreasonable, and we do not apply uplift fees in any of our cases.

Third is our 30% professional fee cap. This is our guarantee that our clients will not pay more than 30% of their claim (after deduction of any statutory refunds) in legal professional fees. Legal Regulations allow lawyers to charge up to 50% of claims in professional fees but we think that is too high. It is too high because clients have to pay the lawyers expenses’ or disbursements (such as medical report fees, court filing fees etc) in addition to that amount so where a 50%  fee cap is applied the total legal bill will in fact be more than 50% of the claim – often considerably more. The other unfortunate aspect of fee caps is that, instead of being a maximum limit, they are often used by lawyers as a standard basis for charging in every case, which can lead to significant overcharging.

Even our lower 30% cap does not mean we charge 30% legal fees in every case. Far from it. We can only charge what we have incurred. Let’s say that a case settles by negotiation and there is $150,000.00 remaining after payment of government and other refunds. Our professional fees are $35,000.00. Our 30% cap does not allow us to increase our costs from $35,000.00 to $45,000.00 – we can only charge the amount we have incurred, being $35,000.00.

Actually in many cases we handle, specifically motor vehicle CTP claims and claims under the Personal Injuries Proceedings Act such as slip and fall claims, as long as an amount over a certain threshold is recovered (currently $78,040.00) the insurer will pay a significant amount of the professional fees and disbursements on top of the compensation amount, so the impact of professional fees, indeed all costs, will be nothing like 30%. In the same example of a $150,000.00 net settlement amount, $35,000.00 in professional fees, plus say $15,000.00 in expenses, a costs contribution of at least $30,000.00 might be recoverable, meaning that the impact of costs on the compensation amount might be something like this:

Net Settlement Amount $150,000.00
Less Legal Costs
(total legal bill of $50,000.00 less costs contribution of $30,000.00)
$ 20,000.00
In hand amount payable $130,000.00

We hope this has been of assistance in understating our approach to costs. Above all, we hope it will be clear that our approach is one of absolute fairness that always puts our clients first.

For an obligation free discussion about our costs and charges, call one of our directors today.

 

Google Rating
5.0
Google Rating
5.0
vbr Lawyers
5.0
Based on 19 reviews
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adam thomas
adam thomas
19:52 03 Sep 20
Very professional team went above and beyond would highly recommend them to anyone who needs an injury lawyer!!!
William Crick
William Crick
12:32 08 Jul 20
I highly recommend Greg and the team from vbr lawyers, for the great professional and personal service, they went above... and beyond all expectations Will definitely use them the next time they’re neededread more
Cath Beavis
Cath Beavis
23:13 16 Jun 20
A very smooth process - a big thank you to Zach, Beth and the team. Very professional service and I would highly... recommend vbr lawyersread more
William priest
William priest
04:50 29 May 20
You will not find a more professional ,caring and supportive law firm anywhere. Many thanks to Greg , Ray and the team... at VBR law for everything you have done. I cannot thank you enough for your support.read more
Kate Barrell
Kate Barrell
23:42 19 Mar 20
I can’t speak highly enough of Zach and the team at VBR. They took on my case after another law firm stuffed it up,... and I had been turned away by other firms as a result. They were professional, caring and supportive throughout, keeping me up to date the entire journey. They achieved a result that far exceeded our expectations. These guys care about what is ‘right’. They put their heart and soul into it for me. Completely grateful to have them on my side. .I thoroughly recommend them.read more
Michael Amadio
Michael Amadio
06:29 14 Nov 19
Greg and Ray were very professional and thorough with handling of my claim. Staff, Eleanor and Caitlin, were very... helpful with handling and redirecting my queries both over the phone and via email. Highly recommended.read more
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