Whilst we offer standard retainers on an hourly-rate basis of £200-£250, depending on the seniority of the solicitor, we also have considerable experience of running cases on a “No Win No Fee” basis. In practice this means that in return for a percentage of your winnings we will not charge you our legal fees if you lose your case.
Our principle is to champion our clients’ cases rather than simply invoice them on an hourly basis for advice. Law firms are all too fond of charging clients for advice on a “taxi-meter” basis, rather than helping them to solve their problems. Our view of litigation is that it is an entrepreneurial activity in which the lawyer and the client are in partnership. We will try and offer fixed fees where at all possible.
No Win No Fee can be especially important where a worthy client is faced with an opponent with deeper pockets who attempts to intimidate the client into dropping a case simply by the threat of their own rising legal bill. Redwood Legal’s track record against banks in financial mis-selling claims make us perfectly well-equipped to deal with such opponents.