Mediate Michigan

Divorce. The word itself causes many of us to shiver. Not only can it be an emotionally painful and exhausting process, but it can also burn a huge hole in one’s wallet. Divorces can be extremely long, drawn out processes or can proceed quickly depending on the attitude of the parties involved and the requirements of the state in which you live. There is no sure fire way to estimate how much a particular divorce will cost. The easiest answer to this question is “It depends.”

The majority of costs incurred in a divorce are legal fees or attorney’s fees. Of course, attorney’s fees vary greatly depending on the caliber and reputation of the attorney and in what city and state you are located. For example, in the District of Columbia, according to the Laffey Matrix, in 2008-2009, hourly rates for attorneys ranged from $130 for a paralegal or law clerk to $465 for an attorney with 20+ years of experience.

via The Financial Impact of Divorce.