More In This Category
View Transcript
In most cases, collaborative law is usually less expensive overall. Collaborative is a front-loaded process, meaning clients pay retainers for their professionals at the outset. In contrast, in litigation, clients typically only pay their attorney initially and then hire additional experts or valuation specialists as needed, which increases costs as the case moves toward trial. Although collaborative law requires more upfront payment, it often results in a marital settlement agreement—a contract between the parties that addresses all divorce-related issues, including custody, child and spousal support, and property division.
In Sacramento, there is currently a new initiative to make collaborative law more accessible. This involves developing different models and packages to enable more people to engage in the collaborative process.
Sacramento, CA family law attorney Mary Molinaro talks about the cost of a collaborative divorce compared to a regular divorce. In most cases, collaborative law tends to be less expensive overall. It is a front-loaded process, where clients pay retainers for their professionals at the beginning. By contrast, in litigation, clients typically start by paying only their attorney, and additional experts or valuation specialists are hired as needed, driving up costs as the case approaches trial. Although collaborative law requires more upfront costs, it often culminates in a marital settlement agreement—a contract addressing all aspects of the divorce, including custody, child and spousal support, and property division.
In Sacramento, a new initiative aims to make collaborative law more accessible. This effort includes developing alternative models and packages to allow more people to participate in the collaborative process.