The Cost of Divorce
Divorce comes at a high emotional price and with an equally stiff price tag. The emotional torment to the couple and their family can't be quantified.
"Divorce" loosely defines many complex issues above and beyond the dissolution of marriage.It's never simple. Where will the children live? What's the parenting plan going to look like? How much child support will be paid? Where will junior go to school? Will spousal support be paid? Medical insurance? What's the value of the family business? Who pays the attorney fees? Is a financial expert necessary? Are there hidden assets? Abuse? What about creditors? The IRS? The list is nearly endless.
Family law is like a fingerprint--no two cases are alike.When there's a certainty of recovery, (and insurance coverage) law firms take cases on a contingent fee basis, with no "up front" cost to the plaintiff. State bar associations do not allow the same investment arrangements in divorce actions.
Family lawyers charge an hourly rate against a retainer which is used up at that per hour rate.The price varies by experience and locality. The State Bar of Michigan periodically publishes an Economics of the Law study based on surveys of practitioners sorted by practice and region.
With lawyers one gets what one pays for, so be careful when bargain shopping.It's about communication during the process and a reasonable outcome