Monday, August 31, 2015

Divorce Mediation Cost Savings

Divorce mediation saves money. In many divorces, couples are already stretched beyond their financial means by now having to support two households instead of one. Mediation allows the couple to avoid the high cost of divorce litigation in the following ways:

  • In litigated divorces, most attorneys require retainers of at least $2,500.00 to $4,000.00 to commence the case.  Attorney Kaufman requests a small retainer of $300.00 which is applied towards drafting the agreement. Otherwise, clients  pay at the end of the session only for time spent. You pay as you go.
  • In mediation you will not have to worry about being billed for the hours which are typically spent preparing for and appearing at court motions and hearings.
  • In mediation you will not be billed for the cost of each of your lawyers speaking with each other.
  • Information is gathered in a cooperative fashion rather than the expensive discovery process which includes interrogatories, depositions and motions to compel.
  • Mediated agreements typically cost a total of $1,500.00 or less.