This is the traditional approach to divorce and, until the 1990’s, it was the only way to proceed. You each retain your own attorney and, if necessary, your own financial and child professionals to represent you.
A series of four-way settlement conferences are held with your spouse and both attorneys to try to reach agreement. The process is adversarial by nature and although a large majority of cases do settle without having to go to trial, the process can be difficult and stressful. Many people find that the relationship with their spouse can be irreparably damaged in the process. This is a significant consideration if you have children and will need to co-parent in the future.
However, it ‘takes two to tango’, and sometimes it is the only avenue available to us for a variety of reasons. In this case, we can work as your advocate, alongside your attorney to help you firstly fully understand your financial circumstances and then to develop and explore your different settlement options. As agreements are negotiated, we can then use this data to help model your financial future for the best outcome.