Pump Court Chambers

Private Financial Dispute Resolution

Private Financial Dispute Resolution (FDR) is a new service we have designed to meet the growing need for a non-court-based resolution service for family finance cases.

All financial remedies practitioners will be familiar with the high rate of settlement that can be achieved through the FDR process but settlement is highly dependent on the expertise and experience of the FDR judge and the time available to the judge and parties during the process.

Private FDR is a way of capturing the benefits of this approach while avoiding the stress, unpredictability of a court-based FDR. It involves using an independent third party – adopting a quasi-judicial role – to assist both parties to reach an agreement, much in the way that a family judge does at a court-based FDR. The ‘judge’ will read and hear the cases advanced by each party and provide his or her opinion as to the likely outcome of the case should it proceed to a full final hearing or arbitration.

Everyone in our Private FDR team is a financial remedies specialist who also sits as a part-time judge, arbitrator or civil mediator.

The advantages to the parties involved of taking this approach include:

  • The ‘judge’ will be someone with proven expertise in this complex area
  • The parties will have a full day to conduct the FDR ‘hearing’, and to continue their discussions and negotiations, rather than the one-hour slot conventionally allocated at court,
  • The ‘judge’ will have prepared thoroughly for the meeting and will continue to assist the parties throughout the course of the day until agreement is reached
  • A suitable venue can be chosen which allows for a less formal process, with refreshments and space for private discussions.
  • There is no delay – the Private FDR can be arranged before court proceedings have been started, at any stage of those proceedings or as part of an arbitration process
  • If further time is needed on a different day, the parties can elect to continue the Private FDR without being reliant upon court listing.

We are happy to offer a fixed-fee quotation for the Private FDR service. For further information please contact our senior family team clerk, Sean Gentleman, on 020-7373-0711 or s.gentleman@pumpcourtchambers.com.

Instructing Us

Would you like to know more?

If you require help or advice please contact our clerking team.

Call +44 (0)20 7353 0711 or email clerks@pumpcourtchambers.com.

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