This is a relatively new process in which both separating parties engage in discussion and negotiations, with support from their lawyers, during a series of four-way meetings. It is particularly suitable for complicated cases involving business assets.
From the outset you agree to stay away from the court process, which means that all involved are focused on reaching agreement.
Other professionals - i.e. accountants, financial advisors and counselors - can be involved in the process in order to achieve an outcome that is appropriate to your particular situation.
The benefits of this process include:
- you decide the priorities for discussion
- you control the timetable
- the process is private
- you can involve experts in the meetings
- it is informal and flexible
Divorce and civil partnership dissolution How finances are dealt with on divorce Mediation Collaborative law process Court procedure for finances on divorce Which procedure Children