How long will it take to get my compensation?
This varies considerably depending on several factors, including how cooperative the defendant and their insurers are, and whether they are prepared to admit liability for your claim at an early stage, but also depending on your recovery period and length of time that it takes to obtain the full medical evidence to support your case. On average, and depending on these factors, most cases take anything between six months and three years to conclude, although complex cases can take longer than this if they proceed all the way to a court hearing.
What is a success fee?
A success fee is the element of legal costs that we are entitled to charge if we win the case, to compensation us for having taken a risk that we would not be paid if we had been unsuccessful. It is the success fee that you are asked to contribute out of your compensation as we are no longer able to recover that element of legal fees from the defendant, even if we win the case, because of legal changes made by the government in 2013.
How much will a PI claim cost me?
Your claim will cost you nothing at all if we are unsuccessful as you will be protected from having to pay any legal costs in those circumstances. If we are successful with your claim you will be asked to make a contribution towards your legal costs out of your compensation but this will be capped at no more than 25% and you will therefore recover at least 75%.
I want to sell my business how much will it cost?
There are numerous factors that affect the sale of a business and there is no one size fits all answer to this question; your business is after all unique and something in which you have invested significant time and effort. If you are thinking of selling your business we have an experienced and dedicated corporate and commercial team who can guide you through the process and will be happy to provide you with a number of different options in terms of our costs.
Do I need terms and conditions for my business?
Properly drafted terms and conditions will provide clarity and help avoid costly disputes. They will help protect your business, ensure you comply with the law and prevent miscommunication with your customers. Whilst there are certain terms that are common from one business to another it is important to ensure that your terms properly reflect your business.
How do I buy a care home?
There is a lot to consider when buying a care home. Firstly, are you buying the existing company (i.e. the shares of the company through which the home is operated) or the business of that company? This is a fundamental question as it affects much of what follows. The care home will be an ongoing business and the apportionment of costs/liabilities/income etc. both before and after the purchase is completed will be affected. There are also regulatory considerations that must be borne in mind.
What are articles of association?
The articles of association are the basis of a company’s constitution regulating its operations. It is possible to adopt standardised model articles but it is important to consider your requirements as the articles can be amended to suit once they are properly understood. We can help you consider the options and tailor your company’s constitution.
Do I need a solicitor to register a limited company?
It is not essential that you engage a solicitor but certainly advisable that you do. There are a number of different kinds of limited company and it may be that an alternative structure such as a Limited Liability Partnership is more appropriate. There are considerations that if not addressed correctly at the outset can have a significant impact later. Sound professional advice can help you deal with such issues properly and tailor the company to your specific circumstances.