Conditional Fee Agreement (“CFA”)Conditional Fee Agreement • July 9th, 2021
CFA’s are better known as “no win, no fee” agreements. In most cases, solicitors will work on your case, incur hourly charges and then raise an invoice on a monthly basis that is payable by you. A CFA generally means that whilst we will incur hourly charges for the work undertaken on your case, no monthly invoice is raised. Instead, all time is kept on the file and if you are successful (whether this is at trial or a settlement is reached with the opponent) you are then liable for the balance incurred. This is often recovered from your opponent (see below).