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ARTICLE · 07 MARCH 2024

How To Help Reduce Costs By Being Proactive

Over the four decades I have been involved in family law, there is no doubt that costs for a divorce have increased substantially. Just using an inflation calculation...

United StatesFamily and Matrimonial

There is an old joke:

A person asks a recently divorced friend: "Why is divorce so expensive?"

The recently divorced friend replies: "Because it's worth it."

Over the four decades I have been involved in family law, there is no doubt that costs for a divorce have increased substantially. Just using an inflation calculation, what was $100 in 1983 becomes over $300 today. Beyond simple inflation, for a firm representing high-net-worth individuals and complex cases, finding and developing the most talented lawyers has far exceeded simple inflation. For people involved in a long-term marriage where substantial wealth and income have been accumulated, a divorce will be one of the largest financial transactions a person may experience during their life with long-lasting ramifications not only on themselves but also their family.

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