Blog

Why do I need to hire a divorce lawyer?

Going through a divorce is a life changing event. It is an uncertain and scary time. During the divorce, you will make very important decisions that will affect the rest of your life.

The assets you have acquired during the marriage need to be identified, valued and distributed. Your marital lifestyle will need to be defined.  This is so that an effort can be made to insure it is reasonably maintained. If you have children, custody and parenting time issues, child support and college contribution are primary considerations.

Because of these ultra-important issues, as well as the emotional impact and the complexities of the divorce process, it is important to have a lawyer. Not just any lawyer. You should have a lawyer who specializes in divorce law with whom you can talk to and trust. You should do some soul searching to determine what it is you want to accomplish from the divorce.  The right lawyer will help you reach your goals.

Most divorce cases eventually settle. It has been estimated that 96% – 97% of all divorce cases settle. Thus, it is really a matter of when will your case settle, not if your case will settle. You need to find a lawyer who will help navigate and negotiate a settlement that is in your best interest. Each settlement should be a fair compromise of all issues. By that, I mean both parties will be called upon to compromise – to give up something to get something in return. How quickly your case settles is largely a function of you, your spouse and the attorneys. Many cases can settle in a matter of weeks or months. Contested cases can take years to complete.

Mediation

A wonderful option in helping a client reach a fair resolution of their divorce is mediation. Mediation is a process whereby the parties negotiate, through an independent mediator, the terms of their divorce. Even when mediating, however, it is crucial to retain your own lawyer to assist you through the mediation process. I tell my clients that I must talk to them before and after any mediation session so that I am aware of what is being negotiated at the mediation session in order to provide feedback and suggestions. It is the client’s decision as to whether or not they want to participate in mediation.

There are many advantages to mediation. First, it is cost-effective. Second, it generally takes less time to resolve your case through mediation than litigation. Most importantly, though, is that you control the outcome of the case and you actively participate in the resolution of your own divorce.

Financial Records

A divorce is handled either through mediation or litigation.  Regardless, it is your attorney’s job and goal to assist you in the dissolution of your marriage. It is crucial to gather all financial records such as tax returns from the past 3 years, all brokerage account statements, stock information and stock option grants. A wonderful tool for this information is through the employer manual. It is important to obtain a copy of that document. Credit card statements and bank records are also keys to figuring out and analyzing income and spending.

The best divorce is an informed divorce.  A successful divorce happens when the terms are reached through compromises made by the clients. When you are part of the process and responsible for the settlement, you will feel better about the terms and will be able to take that first step into a happy post-divorce life.

Please contact me at jlawrence@lawlawfirm.com if you have questions about this post or any other family law matter.

Back to Blog
SHARE THIS POST:

Related Posts

Blog
When Should You File for Divorce?

Can Timing Affect Your Divorce Filing? When people decide to divorce, they may be tempted to file right away to begin the proceedings. After all, the faster the papers are filed, the more likely it is that the divorce will be finalized quickly. However, it is important to remember that divorce is not only a…

Read More
Blog
Divorce Negotiations and Stock Options

How Executive Compensation Could Affect Your Divorce Settlement For New Jersey couples with significant financial assets, several contentious issues may arise during divorce negotiations. Property division and alimony decisions can be affected by various types of assets and compensation, including non-traditional income such as executive compensation or employee incentives. A New Jersey divorce lawyer can…

Read More
Blog
New Jersey Child Custody and Cannabis Use

How Could Marijuana Affect Your Child Custody Case? New Jersey parents may be concerned about how cannabis consumption could affect their child custody case, especially after the marijuana legalization legislation that went into effect in 2021. While substance use or abuse may be considered by the family courts when determining child custody and parental rights,…

Read More
Blog
When Does Domestic Violence Law Apply in NJ?

Domestic Violence in New Jersey Family Law Domestic violence is a serious concern that poses a major threat to the health, lives and welfare of New Jersey residents, and it can be an important issue in family law matters. New Jersey’s state law on domestic violence, the Prevention of Domestic Violence Act, is intended to…

Read More
Blog
Key Tasks to Deal With After Divorce

What to Do After Your Divorce Divorce in New Jersey can be a challenging experience on multiple levels, from negotiating or litigating a solution to dealing with the emotional fallout. However, there are also important practical steps for you to take after your divorce in order to prepare for the future. These are some of…

Read More
Blog
How New Jersey Courts are Handling Litigation

COVID-19 Brings Changes to Litigation in New Jersey  The COVID-19 pandemic has changed many aspects of life in New Jersey, and the courtroom and litigation processes are no exceptions. If you are considering a divorce, you may wonder how the pandemic might affect the scheduling and process of your case. Some of the changes that…

Read More

Disclaimer and information can be found here, including links to descriptions and selection methodologies. No aspect of this advertisement has been approved by the Supreme Court of New Jersey.
Call Now ButtonCall Us