Memorandum of Understanding

Memorandum of Understanding

This document records your mediated proposals and is used by many clients as the basis of their financial consent order, drafted by the solicitor. It is drafted in a way which sets out clearly the nature of your proposals but also the thinking behind your decisions. In addition, it highlights any unresolved issues which you may wish to take further advice on. Setting out the MOU in this way should reduce the time it takes for the appointed solicitor to draft the financial consent order and hopefully minimise your overall legal bill.