Tom Farrell

Tom Farrell
click me for my website
The intention here is to spark some debate amongst practitioners, discuss topical issues and lend support to each other from a technical perspective. Maybe also to raise some more contentious issues surrounding the Financial and Legal worlds and how they interrelate - or don't!

I am interested in developing the way in which sound financial planning is used accross all forms of divorce and to explore the best ways for Financial Planners to work with Lawyers to help their clients

It should be stressed that the views expressed by me on this blog do not constitute financial or legal advice and are personal.

12.3.10

Here's Tommy!

After a lengthy break from the blog, I have given it a bit of a makeover, to try and tie it in to my new mini man on wire image.

Lots and lots has happened, both for me personally and in general.

I took the decision to train as a Family Mediator last year and completed my training through ADRg just before Christmas. So, I am now a member of the FMA and really looking forward to doing some joint Mediation work.

As a result of this, I am about to launch a new website, to promote my hybrid Financial Mediation service. Hopefully this will be up and running soon.

It's exiting, I think, to be a part of all this during such a vital part of the evolutionary process for Family Law and Financial Planning in the UK.

Lots of talk in the Financial Services industry about the RDR and the usual bleating from those who just want to flog product at people.

Lots of talk about LSC funded Collaborative work and In Court Mediation.

There is a growing drive to 'unbundle' the process and really inform clients about the options open to them. A scary proposition for many though and we are not yet working enough with each other for those trusted multi-disciplinary teams to really take root.

However, I am convinced that it will come and that we will all be far more effective for our clients as a result.

1 comment:

  1. MediationNotwar12/06/2010, 17:26

    Your absolutely right. the legal profession is largely split into three camps: those who don't understand unbundling/ADR/client-focussed-approach and don't really want to know about them; those that understand but are so full of inertia they won't do anything about them until they really have to; and those who understand and are doing something about them. First camp is massive, second camp is small and the third is tiny.

    I'd like to think I'm in the third camp. The difficulty for me is that my fellow campers are spread very thinly around the country, with an unfairly large proportion apparently in the South-West of the country. In my region, mediation is still seen as a process which is for those on legal aid - forced to undertake - not a great cost-effective way of achieving better outcomes.

    "Multi-disciplinary" is another idea I've recently been giving thought to. FLIP are trying it to their credit,but they are doing so in an otherwise fairly traditional practice. The provision of family law information and advice needs to change. Those who embrace change will benefit. Those that don't are likely to wither.

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