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Postnuptial Agreement - divorce mediation vs litigation

Started by practical_advice_35 · Sep 1, 2023 · 2,514 views · 2 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
PA
practical_advice_35 OP

Quick background on my situation — any input appreciated.

divorce mediation vs litigation. I've been dealing with this for about 11 weeks now and the situation isn't improving.

Do I have a strong case? What should my next steps be?

SP
sidebar_please_34

I work in this industry and unfortunately this is very common. The good news is that when people actually push back with legal representation, companies usually settle ngl.

CA
cant_afford_a_lawyer_4

Real talk: realistic cost comparison for an amicable divorce with moderate assets:

Mediation$3,000-$8,000 total (mediator fees + filing costs + optional review attorney)
Collaborative divorce$10,000-$25,000 (each party has an attorney, but committed to settlement)
Litigation$15,000-$50,000+ per side (and often much more if contested)

For an amicable split where you agree on major issues, mediation is almost always the right choice. A good mediator will help you address things you haven't thought of (retirement account division/QDRO, tax implications of property transfers, life insurance for child support security, handling of debts).

One strong recommendation: even if you mediate, each party should have an independent attorney review the final agreement before signing. This costs $500-$1,500 per person and catches issues the mediator (who is neutral) can't advise you on individually.