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What are we each entitled to in our divorce settlement?

What does the law say about how to split the house, how to share pensions and other assets, and how much maintenance is payable.

What steps can we take to reach a fair agreement?

The four basic steps to reaching an agreement on divorce finances are: disclosure, getting advice, negotiating and implementing a Consent Order.

What is a Consent Order and why do we need one?

A Consent Order is a legally binding document that finalises a divorcing couple's agreement on property, pensions and other assets.


Do you need help sorting out a fair financial settlement?

Our consultant service offers expert advice and support to help you reach agreement on a fair financial settlement quickly, and for less than a quarter of the cost of using a traditional high street solicitor.


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

  • maggie
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08 May 12 #329138 by maggie
Topic started by maggie
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.]

  • rubytuesday
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08 May 12 #329143 by rubytuesday
Reply from rubytuesday
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? :blink:

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08 May 12 #329146 by dukey
Reply from dukey
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 ;)

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08 May 12 #329149 by dukey
Reply from dukey
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

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08 May 12 #329152 by rubytuesday
Reply from rubytuesday
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 :blink:

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08 May 12 #329162 by Fiona
Reply from Fiona
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.

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08 May 12 #329165 by dukey
Reply from dukey
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?.

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