How Much Do You Think Your Divorce Will Cost?.....

After much soul searching, you have finally made the decision to divorce. Your next step, after informing your spouse, is to seek legal representation. But do you really have any idea how much this divorce will cost you? Unfortunately, most divorcing couples are unaware of how expensive a divorce can really be.

You may have the best intentions in the beginning of your divorce proceedings and even contemplate hiring a mediator to negotiate your divorce settlement. If however you or your spouse, decides to wage an all out divorce war, you may find yourself embroiled in a lengthy and expensive trial.

So just how much money does a divorce cost? Boston Law Collaborative, a law firm specializing in collaborative divorce analyzed 199 of its recent divorce cases, and found that mediation, collaborative divorce and litigation all produced high rates of successful settlement. Mediation was by far the least expensive option, with a median cost of $6,600, compared to $19,723 for a collaborative divorce, $26,830 for settlements negotiated by rival lawyers, and $77,746 for full-scale litigation.

These numbers represent the harsh reality of the high price divorcing couples pay financially when they refuse to settle their divorce amicably.From the Boston law firm's study, there is a difference of over $71,000 in savings by choosing to use a mediator instead of going for full scale litigation. That is money that can be used for your children's college educations instead of thrown away on divorce attorney fees.

Hopefully this information will serve as a wake up call to divorcing couples who are hell bent on destroying each in the courtroom. If there is any chance of settling your divorce through mediation or by using collaborative divorce lawyers, do it. The price you pay both financially and emotionally by battling your spouse in court is just not worth it.