Some couples hesitate to file for divorce out of concern for the cost associated with the process. Litigation can increase the cost of your divorce exponentially, which is why some couples prefer to seek mediation for their divorce settlement instead.
Here are some of the financial advantages of mediation over litigation for your divorce.
Mediation reduces legal expenses
Mediation traditionally results in fewer billable hours from your attorney when compared to the cost of litigating your case in court. Your attorney may appear to represent you at mediation, but the mediation process eliminates a lot of the administrative and research tasks associated with trial. That saves you in the long run on the total legal expenses for your divorce.
Mediation helps distribute costs
When you choose mediation, you and your spouse can split the cost of the mediator’s services, reducing the financial burden on either of you.
Mediation addresses complex situations
Couples with complex financial situations and detailed asset divisions benefit from mediation because both parties have a say in how they distribute assets. Litigation takes that control away and puts it in the hands of the judge. When you want a chance to preserve your financial security in a challenging case, mediation helps.
Save the time, money and frustration of courtroom appearances and litigation of your divorce by working with a mediator. Your attorney can help you with mediation of your divorce to help you and your spouse reach an amicable and mutually-agreed settlement at a fraction of the cost that you might spend in court.