Conditional Fee Agreements, also known as 'no win, no fee', are alternative methods of funding litigation. In this type of funding the solicitors share the risk in that if a case is lost the solicitor will not be paid but if the case is won the solicitor will charge a success fee.
CFAs provide access to justice for those who could not afford to pursue litigation and who are not eligible for public funding. CFAs can be used in all civil litigation except for family cases.
From November 2005, existing CFA regulations were revoked with the aim of simplifying CFAs and making them more transparent and easier to use for both solicitors and their clients.
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