Private FDR

A financial dispute resolution appointment (FDR) involves an independent and neutral third party (a judge) assisting the parties in reaching an agreement. This is achieved by the judge undertaking an assessment and appraisal of the parties’ positions and offering an indication, or their view, of what could be expected if the court were to make a decision.

A private FDR (pFDR) adopts the same model as the court-based FDR, but takes place outside of the court environment.

Faster dispute resolution

Specialist in field

Single case allocation

Less formal than court

The parties negotiate and attempt to find a solution. The guidance of the specialist assists in overcoming hurdles in the negotiations.

There are numerous invaluable benefits, including:

The pFDR can often be arranged quicker than in court, and can take place before the court process begins.
The pFDR judge will be a specialist in the area of the dispute.
The pFDR judge will be allocated a single case whereas in court the judge can often be allocated 2 or 3 cases at the same time, and the pFDR judge will have advance time for preparation.
pFDRs are recognised as having higher settlement rates than the traditional court-based FDR.
The pFDR environment is less formal. This creates a far less overwhelming experience than being in court.

Private FDR Judge

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