Lucy Reding is a senior solicitor in the family law team based in our Lincoln office.
Named “Associate to Watch” by Chambers & Partners in 2023, Lucy is a divorce lawyer specialising in complex financial cases for high net worth individuals.
Chambers & Partners commented on her unique work in the agricultural sector, highlighting her “notable experience handling financial issues arising in divorce proceedings, including those concerning business assets and farming estates”.
Having qualified as a solicitor in 2017, her role sees her advising clients on a wide range of family law matters including divorce, financial settlements, and private children proceedings. She has extensive experience in dealing with complex and high value financial matters involving businesses, farms, property portfolios, and trusts.
She is also particularly adept at providing advice to separating spouses or civil partners in regard to pensions. She has experience advising senior personnel across the public sector pension schemes with particular experience and skill in relation to both the NHS Pension Schemes and Armed Forces Pension Schemes, as well as being able to advise in relation to complex Self-Invested Personal Pension (SIPP) schemes and Self-Administered Pension Schemes (SSAS).
High value matters
Lucy has a broad range of experience in working with high net worth individuals, including celebrities, with their wealth deriving from a variety of sources including entrepreneurship, pre-acquired marital wealth, joint endeavours, pension accrual, and inheritance.
She finds that no two clients have the same needs and therefore providing bespoke, tailored advice throughout is key in assisting her clients to achieve the best resolution for them.
Her work frequently sees her assisting separating spouses or civil partners who are involved in a business partnership, or those who have shares in limited companies (family-run or otherwise).
Her cases often require her to call upon her experience and expert knowledge to determine whether a formal valuation of the business or shareholding is required and whether there is sufficient liquidity in the company to offset the business interest against other assets like the family home.
In these cases, she finds herself working closely with colleagues in both our corporate and commercial and employment law team for a holistic view on what is best for the business and her client. Lucy also collaborates externally with her trusted network of accountants to ensure a cohesive approach, with as minimal interruption to the business as possible.
Lucy is involved in the military sector, advising and assisting military personnel and their families – particularly in relation to the division of assets on divorce.
Her understanding of the fluctuations in income due to deployments, as well as the details of each Armed Forces Pension Scheme, allows her to have an unparalleled insight into the key factors affecting financial settlements in military divorce cases.
Further, she has a deep understanding of the impact that deployment has on families and young children. Using sensitivity and an empathetic approach, she provides clear advice to her clients in relation to child arrangements for separated military parents.
As an agriculture sector specialist, Lucy provides expert legal advice to farming families and landowners whether they are operating as a sole trader, partnership, or limited company.
She regularly helps clients who are unclear of what assets and land are owned in their sole name, what is owned by third parties or other family members, and what is owned by the farming partnership or business.
She takes on an investigative approach to establish and clarify who owns what and how. Her pragmatic methods are not only essential in assisting clients to resolve the financial aspects of their relationship breakdown, but also for their longer-term planning and arrangements into the future.
Voluntary work and memberships
Lucy is a recognised member of Resolution, the largest membership organisation for family justice professional in England and Wales.
She also volunteers her own time as an active member of the committee for her local volleyball club.
Submit an enquiry and Lucy will be in touch as soon as possible to discuss your needs.