Professional Negligence Claims Solicitors and Insurance Litigation experts in London and Amersham. Funding Professional Negligence Claims.
FUNDING OPTIONS
A question we are often asked is ‘How can I fund my claim?’
This is an important question which should be considered early in any proposed litigation.
We offer a number of different funding options and which one you choose will depend on a number of factors, such as:
- your personal financial circumstances,
- your own preferences,
- your attitude to risk,
- the nature of your case,
- the value of your claim, et cetera.
We will work closely with you to identify which option is most appropriate for you in your particular circumstances.
Please note that our firm does not do legal aid work. If you believe you may be entitled to legal aid, please do check the position.
For immediate assistance, please call us now on 020 3795 6043 or complete a Free Online Enquiry and we will be delighted to help you.
“I found the firm to be incredibly valuable in all my dealings with them. With great and timely advice, support, genuine care and a practicality which was both refreshing and absolutely needed.
I always recommend them to anyone looking for legal advice or representation.”
Frank Durrell
Ways To Fund Your Claim
• Fixed fees agreed on a stage by stage basis.
Where appropriate, we may offer fixed fees for certain elements or stages of work to be carried out on your case.
With this option, stages of work and the costs of such work are agreed between the client and the firm in advance of the work being carried out.
• Hourly rates.
With this option, you will be billed at regular intervals on the basis of the time spent by us on the
work we are required to carry out on your case.
You are billed according to our hourly rates, plus VAT.
• No win, no fee arrangement.
This option is also commonly known as a Conditional Fee Agreement (CFA). With this type of arrangement, you only pay us in the event you win your case.
We may also, in certain circumstances, offer to work on a Partial No Win No Fee Agreement or a Reduced Fee Agreement. In both cases payment to us is outcome dependent.
• Deferred fees.
In certain cases we may agree with you to defer payment until a set stage in the proceedings or at the conclusion of your case.
Payment in this case is not dependent on the outcome. This simply allows you time to pay in case cash-flow is an issue.
• Damages based agreement (DBA)
With a DBA we act on the basis that we will be paid an agreed percentage of the damages awarded from either settling your case or winning in court.
Payment to us is thus dependent on the outcome of your case.
• Third party litigation funding
In certain types of cases we are able to approach a 3rd party investor to fund the cost of your litigation.
They agree to fund the costs of your case in return for a percentage of your winnings.
• Legal expenses insurance
You may already have legal expenses insurance as part of other cover you have previously taken out, for example home (buildings or contents) insurance.
The specific terms of any policy you may have will be a factor in determining whether this is a suitable option for you.
You should speak with us about the different options available.
Litigation can be costly and risky.
This is a conversation that ought to take place early in the course of litigation.
About Ventura Law
Ventura Law was founded by Himanshu Batra, who has been in the profession for over 25 years and is an experienced and highly skilled commercial lawyer, litigator and employment law adviser. Himanshu specialises in dispute resolution in these areas as well as in professional negligence cases and property co-ownership disputes.
He is analytical, and methodical and always strives to ensure the best outcome is achieved for his clients.
Himanshu regularly represents directors, as well as shareholders and business owners in the range of legal matters that can arise. He is particularly experienced in employment disputes, and issues between partners, shareholders and directors.
Himanshu is also regularly instructed by other lawyers, accountants, doctors, dentists, surveyors, etc in their legal matters.
Make An Enquiry
For immediate assistance, please call us now on 020 3795 6043 or complete a Free Online Enquiry and we will be delighted to help you.
“I required professional advice when I found myself in situation requiring expert legal advice.
Himanshu was able to guide me with a combination of sage advice drawn from his experience in such matters and intricate knowledge of the law.
Himanshu has the entire skill set needed to expertly guide you through any legal problem.
Highly recommended.”
Benjamin Fruhman