Here comes the cavalry...........

www.lawgazette.co.uk/news/riverview-barr...ice-divorces-wealthy

For those with assets over £500,000:
"Prices start at £1,000 for an initial conference with a junior barrister to examine the merits of the case and develop a strategy. The first court appointment to decide how the case will proceed starts at £5,000, and the fee for financial dispute resolution hearing starts at £17,500. A bespoke fixed fee will then be quoted if the case goes to trial."

[With thanks to John Bolch.]

I read this too, Maggie, but in the law Society Gazette

An FDR starting at £17,500? Wikivorce offers an FDR package at £2,950 - spot the difference?

Wikivorce has offered fixed price packages for Ancillary Relief for over a year now, its also done in four stages all fixed price, top line all the way to final hearing it costs a touch over 10k.

Not only is it quarter of the price, i think they nicked wiki`s idea

To be fair the wiki FDR service is for those with assets under 350k for those with higher value cases and or overseas assets it can be a bit more but no where close to 17.5k, the information is here.

FDR package

dukey wrote:

Wikivorce has offered fixed price packages for Ancillary Relief for over a year now, its also done in four stages all fixed price, top line all the way to final hearing it costs a touch over 10k.

Not only is it quarter of the price, i think they nicked wiki`s idea

Not did they decide to copy us, they also decided to vastly inflate the price too

The devil is in the detail. If there are significant assets, investments, businesses, offshore banking etc financial settlements can be complicated and the new service is offering a barrister or QC lead team as opposed to a solicitor lead one. Fixed prices were on the agenda since deregulation and before Wikivorce existed. However, it''s only recently that the rules have changed so that the public can directly instruct barristers.

As far as i know wiki was the first to offer a fixed price service for financial orders.

Direct instruction has been around for a couple of years now, though hits fair to say for most its not wise, i`m not sure what it has to do with fixed price services though?.