Ever since I was a kid I was brought up to be frugal and to save and budget money. * Disclaimer: I am not a financial planner.
Get a good lawyer
The first thing you should do when looking for a divorce lawyer is to get one who has experience in the area where you live. If possible, ask friends and family members for recommendations. You may also want to look at reviews online so that you can see what others have said about the lawyers they've worked with. It's important that your lawyer is honest with you about costs upfront, has a good reputation in their field of work and will work diligently on your behalf without cutting corners or taking shortcuts (although this should go without saying).
When interviewing prospective attorneys for these qualities, be sure to ask questions like "How long have you been practicing?" "What percentage of your clients come from referrals?" And "How much time would it take for me to receive my money after my case is settled?"
Be aware of divorce rate in your community
- Be aware of divorce rate in your community. The divorce rate varies by community, so it's important to take this into consideration when considering options for your case. For example, if you're in a community with a high divorce rate and are looking to get divorced, it may be advantageous to consider mediation as an option. On the other hand, if you're part of a community with lower divorce rates and want out of your marriage as soon as possible, then perhaps pursuing litigation would be better suited for you.
- Consider staying married if you can or have children together. If there are children involved in your marriage and neither party wishes for them to suffer from their parents' separation or new partners then staying together may be more beneficial than going through the process of getting divorced
Do some work yourself
When you're going through a divorce and need to save money, there's no reason to hire a lawyer. You can do your own research and filing, negotiate with your spouse on your own terms, and even write up the divorce settlement yourself (or with the help of a friend). This saves you thousands of dollars in legal fees.
Don't pay for your spouse's attorney's fees
You can also save money by asking your lawyer to try to get your spouse to pay for their attorney's fees.
If that doesn't work, one option is to ask your lawyer if he or she will take a percentage of the settlement instead of charging you straight up fees. This has worked for some people I know, and it might work for you too!
Consider mediation instead of court
If you're looking to save money and time in the divorce process, consider mediation. Mediation is an alternative dispute resolution method that can help you resolve your issues out of court.
- It's cheaper than going to court.
- It can be more effective than going to court.
- It's quicker than going to court.
- It's less stressful than going to court.
- It's more private than going to court
Divorces can be expensive. You can save money on them by following these tips.
Divorces can be expensive. You can save money on them by following these tips:
- Get a good lawyer. A good lawyer will take your case seriously, and won't try to rush through it or do too little work for you. They'll also know how to get the most out of their clients' cases, whether that means negotiating with opposing counsel or fighting their client's battles in court. This can save you thousands of dollars over the course of your divorce proceedings.
- Be aware of your divorce rate in your community. Wherever there are couples getting divorced more often than others, attorneys tend to cluster there so they can make use of this opportunity while they're still hot off their last case—and looking forward to another one after that! That's why many cities have higher-than-average rates of divorce: because lawyers know they'll have clients ready for them when they arrive (and stay). So if you want less competition among attorneys, move somewhere where people stay together longer--like Florida!
Divorces are never easy, but they can be less expensive. The key is to work with a lawyer who knows what he or she is doing, and also to do some of the legwork yourself. This will help you make sure that your divorce doesn't bankrupt you in the long run!
This article is accurate and true to the best of the author’s knowledge. Content is for informational or entertainment purposes only and does not substitute for personal counsel or professional advice in business, financial, legal, or technical matters.
© 2022 Shanon Sandquist