Mediation Goals and Cost
Mediations are usually completed in a fraction of the time compared to divorce litigation. Payments are made at the end of each meeting. Large retainers (paid by each party to their respective lawyers) are not required in mediation, but are mandatory in the commencement of divorce cases. Both parties are completely and personally involved in all issues and guided by the mediator through all issues of custody, visitation, parenting, support and dividing their property fairly. This settlement is creative, just, legal and private, all without setting foot in a public courtroom, where your private issues are made public in front of a crowded courtroom of strangers. No one has access to these negotiations but you. It’s a win-win situation.
Mediation costs are moderate when weighed against the cost of litigation. For example, in a typical mediation, ten (10) to twelve (12) hours is all that is required in resolving the dispute. However, a traditional “divorce with attorneys” costs in excess of $10,000.00 in professional fees for each party, for a total of $20,000.00. Both parties share the mediator’s fee, and you’re only charged for the time spent in mediation sessions. The hourly fee is $150.00 per person.