Are there any advantages to using a collaborative process rather than litigation for high-net-worth cases?
Amy Zylman Shimalla’s Answer:
As in any case, collaborative provides a great advantage over litigation in that every meeting is a productive meeting. The parties do not end up in court over and over again on numerous case management conferences, intensive settlement conferences, etc., at a cost of thousands for each appearance; or motions which cost several thousand for each party each time a motion is filed. Rather, meetings are scheduled with agendas to deal with specific items. When needed, other collaboratively trained professionals are added to the team to help reach resolution. Rather than retaining two sets of experts such as forensic accountants, or custody experts, one for each party, the parties with counsel discuss and agree on joint neutral professionals to help resolve their issues.
Other Videos on Collaborative Divorce:
- How does someone choose the right collaborative lawyer for their unique situation?
- How does Collaborative Divorce work?
- Can the collaborative model be used if there is a business involved?
- Why do the parties have to retain new lawyers if they decide to move from the collaborative process to litigation?
- If a couple is in litigation, is it too late to proceed in a collaborative divorce?
- How long does collaborative divorce typically take? Does it usually require multiple sessions?
- What makes a couple ideal candidates for collaborative divorce?
- Is it possible to achieve resolution via collaborative divorce for a high-conflict couple?
- What are the pros and cons of collaborative divorce?