Your costs agreement will contain an estimate of the likely costs you will incur in your no win no fee case.
There are different methods by which solicitors charge for professional services rendered in no win no fee agreements. These include itemised scale fees, statutory scales, task-based fees, fixed fees and conditional fee arrangements which may include an uplift fee. These methods of charging may result in different fees payable.
Charging on the basis of time taken to do a task may result in a charge which is different from charging on the basis of a set fee to do that task. To calculate time charged, many lawyers operate on units of six minutes. The cost of each unit is 10% of the hourly rate of the person doing the work. If the time taken is less than six minutes, one unit (six minutes) is charged. If the time taken is not an exact multiple of six minutes, the lawyer will either rounded up or down to the next multiple of six minutes.
In Queensland, a lawyer cannot charge a personal injury claim client, in a no win no fee or no win no pay costs agreement, a fee which is dependent upon the outcome of their matter. So, for example, a lawyer is unable to have a costs agreement with a client which states that the client will pay a percentage of their settlement or judgment to the lawyer for their fees.