This mini-series offers a detailed guide to navigating financial settlements in family law. It delves into the intricacies of financial mediation, conciliation conferences, and the broader legal processes involved. The series features insights from David Riddiford, a seasoned legal expert with extensive experience as a former Registrar in the Family Court and a private family law mediator. Key topics include the roles and responsibilities of mediators, the nuances and dynamics of private mediations, the importance of expert reports and preparation strategies for legal professionals. The series emphasises the importance of thorough preparation, the art of valuation in family businesses, and the psychological and legal complexities inherent in family law financial settlements.
The first episode provides an overview of mediation in the family law court system. David Riddiford, with his extensive experience as a former Family Court Registrar, discusses the responsibilities and decision-making processes of Registrars. The episode highlights the importance of thorough preparation for mediation and the nuances of the court’s involvement in financial settlements, offering invaluable insights for both legal professionals and individuals navigating family law.
The second episode shifts to David Riddiford’s current role as a private mediator. He details the mediation process, contrasting it with the formal court conciliation process. Key themes include the importance of client preparation and understanding the mediation's goals, as well as the crucial role of affidavits and comprehensive instructions in the legal process. The episode also touches on the impact of litigation costs on mediation and the unique challenges of business valuation in family law cases. David Riddiford provides insights into the mediator's role, highlighting the need for thorough preparation, realistic goal-setting, and considering the ongoing relationships in family law cases, especially when children are involved.
In this concluding episode, Andrew Henshaw and Theresa Zumbo discuss strategies and preparations for successful mediation in family law financial settlements. They reflect on insights from David Riddiford, covering topics like the aftermath of unsuccessful mediations, strategies for making compelling offers, and the importance of preparation and realistic expectations. The episode highlights the intertwined nature of parenting and financial issues in mediations and the need for a comprehensive approach. Theresa shares her experiences, emphasising the importance of client preparation, managing expectations, and the critical role of professional advice well prior to the mediation date in achieving successful mediation outcomes.
This podcast in no way constitutes legal advice. It is general in nature and is the opinion of the author only. You should seek legal advice tailored to your individual circumstances before acting on anything related to this podcast.
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