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No win no fee?

We recently extended our “no win no fee” services to cover a much wider range of maritime and insurance claims. To date, this service has really only been of interest to claimants, particularly those with good claims for hire, freight, demurrage and other easily quantifiable sums.   However, we have recently seen more interest in “no win no fee” options from those facing claims and looking for capable lawyers to represent their interests and secure a favourable outcome.   We have also been approached in relation to several insurance claims where clients are interested in alternatives to the traditional hourly rate options.

David Mcinnes commented:

We’ve had a strong response to our “no win no fee” demurrage service.  We had expected this to appeal to ship owners and FD&D insurers but, surprisingly, it has been CIF sellers who have expressed most interest.   These same clients have other claims relating to the cargoes carried on the vessel and we recently started handling some of those claims on “no win no fee” terms.   Having dipped our toes into the water of “no win no fee” and other flexible options, we realise that (A) this is what clients want and; (B) providing that we do the necessary due diligence, this is something that we can offer our clients. We feel as though we are ahead of the curve in this regard.

BDM is a specialist shipping law firm offering high quality legal advice and representation at a reasonable price. Please check out our website or follow us on social media by clicking below.   If you have a maritime claim then please contact one of our founding partners for details of our “no win no fee” and other services.

BDM is a specialist shipping law firm offering high quality legal advice and representation at a reasonable price. Please follow us on social media by clicking below.

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