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A Conditional Fee Agreement (CFA) is a written agreement that formalises the No Win No Fee arrangement between you and your solicitor.
With a Conditional Fee Agreement, there will be very little or no costs incurred in taking the legal proceedings through to the end of trial, and the legal costs that become payable in the event of success (comprising standard hourly rates plus a % uplift in the event of success) will be recoverable at the standard rate and the award or damages.
This increase in the solicitors' costs is agreed in advance and is called a success fee. This CFA should be read in conjunction with the integrated drafting notes. The current version of the ChBA's Conditional Fee Agreement is located here.
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