Definitions for "Conditional Fee Agreement"
Conditional Fee Agreement – " No win No fee" agreement. Largely replaced Legal aid. Under this type of agreement the solicitor will usually receive no payment of his costs if the case is lost (although disbursements will be paid by an insurance policy taken out at the time of signing the agreement). Enables those with no legal expense insurance and limited financial means to fund the claim.
A costs agreement between a solicitor and a client under which the solicitor will only charge the client if the client's legal claim succeeds - sometimes called a "no win - no fee" agreement (see also no win no fee)
the document setting out the terms of the contract between Solicitor and Client often referred to as a “No Win – No Fee” Agreement.