No, family mediation is not legally binding unless the following steps are taken:
- Memorandum of Understanding (MOU):
At the conclusion of proceedings, the family mediation lawyer will typically draft an MOU outlining any agreements reached. For this document to become legally binding, the following is also required:
- Consent order:
By submitting the agreement to the court for review and approval, an MOU can be converted into a consent order, which is enforceable by law.
- Binding financial agreement (BFA):
The parties may agree to draft a BFA if financial matters are complex. This outlines the agreed financial arrangements and is legally binding.
Before signing any binding agreements, both parties should seek independent legal advice to protect their rights and interests.