A funny thing happened during COVID: courts shut down, and couples started to find alternative ways to resolve their divorce disputes. This unexpected shift brought a positive change, as people discovered the benefits of out-of-court solutions like private Financial Dispute Resolution hearings (Private FDRs). Now, even as things return to normal, these alternatives remain an invaluable option for resolving financial disputes. Here’s why we believe Private FDRs represent the future of dispute resolution in family law.
What Is a Private FDR?
A Private Financial Dispute Resolution hearing (Private FDR) mirrors the court process for financial remedy cases but happens outside the traditional court system. In this setup, the couple pays for a legal expert—be it a solicitor, barrister, or retired judge—to act as a neutral evaluator or “judge.” This person reviews the case and facilitates discussions, aiming to help both parties reach a fair agreement without the delays and stress of court proceedings.
Why Consider a Private FDR?
- Speed Over Delays
Courts are often overburdened, leading to months-long delays. A Private FDR allows couples to schedule their hearing quickly, avoiding prolonged financial uncertainty.
- Tailored Attention
Unlike the crowded schedules of in-court FDR judges, a Private FDR evaluator dedicates more time to understanding your case.
- Cost Efficiency
While you pay for the service, it can save money in the long run by narrowing disputes and avoiding drawn-out litigation.
- Expert Guidance
With experienced legal professionals handling your case, you benefit from informed advice tailored to your specific circumstances.
- Preserving Assets
Delays in court proceedings can devalue matrimonial assets, while timely resolutions through a Private FDR help protect financial stability.
How Does It Work?
- Scheduling: Parties agree to a Private FDR, which can be arranged in a solicitor’s office, barrister’s chambers, or remotely.
- Preparation: Legal teams prepare detailed case documentation for the evaluator to review.
- Outcome: The evaluator provides an informed view on how the case might be resolved in court, helping to guide negotiations.
The MOJ and the Case for Private FDRs
The Ministry of Justice (MOJ) and senior legal figures, including Sir Andrew McFarlane, President of the Family Division, actively encourage couples to explore alternatives like Private FDRs. These solutions align with the ethos of reducing stress, costs, and animosity in divorce cases.
Let Us Help You Take the First Step
We’re committed to offering practical, effective solutions for financial disputes. Our experienced team can guide you through the Private FDR process, ensuring you achieve the best possible outcome without the need for prolonged court battles.
We streamline the financial evaluation process, providing you with early insights based on a judge’s opinion. This helps you understand how your assets might be divided and plan your next steps. Our experienced panel of judges and solicitors at Paradigm Family law are here to guide you through the intricacies of financial resolution in family law
Contact us today to learn more about our fixed-fee service and how we simplify the divorce process for you. Feel free to give us a call on +44 (0)20 3951 0212 or email hello@whatwouldajudgesay.com or use get started to share your unique situation.