The finances of my $300,000 divorce

In early 2023 I engaged counsel in a non-litigation contract to represent me in an uncontested divorce.

We spent $100,000 without resolving anything in five months.

Then I hired a mediator for $8000. In 3 1/2 hours, we agreed on the terms of our separation. The retired judge opined that we were well within all the equitable distribution precedents of New York State, and even offered a refund since the mediation had been easy and without drama.

Great huh?

$200,000 (and 14 months) later the two sets of lawyers have not agreed on the documents. We have negotiated minutia and edited documents in meaningless ways.

I love my lawyers but this isn't a legal system. It's organized extortion! Or perhaps picking over the carcass of a ruined 28 year friendship that I once valued.

I'm not even including anything my ex-wife may have paid.

Uncontested? I didn't contest. I know that. I can't speak for my ex, her lawyers, or my lawyers. No one paid me for being an easy client for our mediator, though I did get $3500 off his bill.

To the family law bar generally: you should be embarrassed. To the collaborative law folks:  I don’t know where to begin.  I suggest you scrap the entire system, beg forgiveness, and start from the very beginning again. 

Comments

Popular posts from this blog

Meet my friend, the mediocre hedge fund manager

Sharing my ex-wife’s group holiday greeting

30 day warning: you don’t embarrass a mobster