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What are we each entitled to in our divorce settlement?

What does the law say about how to split the house, how to share pensions and other assets, and how much maintenance is payable.

What steps can we take to reach a fair agreement?

The four basic steps to reaching an agreement on divorce finances are: disclosure, getting advice, negotiating and implementing a Consent Order.

What is a Consent Order and why do we need one?

A Consent Order is a legally binding document that finalises a divorcing couple's agreement on property, pensions and other assets.

 

Local Firm v city firm ..which one???

  • r_elise09
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22 Mar 10 #193646 by r_elise09
Topic started by r_elise09
Hi I need help choosing between a local firm ..high street ..or to go for a big city firm for my divorce.. but I don't know. Would appreciate hearing from people's experiences...

Thanks

Elly

  • londiniumex
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22 Mar 10 #193654 by londiniumex
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Hi Elly,

I went for a local firm, really good quality (highly rated in Chambers) but provincial.

My ex went for a big city firm.

I paid £175 per hour to the solicitor but also took some barrister's advice during the bargaining process (at £175 ph), my ex paid £350 ph to her solicitor for everything.

At the end of the process, the judge humiliated her and her barrister for not having any valid legal arguments - so you could say that I had the right approach.

However, I do wonder whether her solicitor thought that mine would be a "hick from the sticks" and was much less willing to settle because of that...

  • .Charles
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22 Mar 10 #193669 by .Charles
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A solicitor in the suburbs recommended by word of mouth is a better bet than one that is based in the City but an unknown quantity.

The cost of legal representation should be proportionate. If the assets are worth millions and there are complex tax and company issues a larger firm might be better suited to deal with the case as it will have the necessary resources and experience.

However, if the assets are fairly unremarkable there is no point in using a sledgehammer to crack a nut. Instructing Paul McCartney's solicitor at £1000 p/h to deal with an undefended divorce would be ridiculous as it would cost £5k rather than £750.

There are some people who insist on instructing expensive lawyers for the kudos of doing so. Unfortunately large firms will drop you like a hot brick if you can't discharge your bills.

Charles

  • Daisy London
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22 Mar 10 #193683 by Daisy London
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Hi. I would have to agree. Word of mouth good town solicitor than a city one. Although make sure it's a relatively large office for example my solicitor has had to run things past the conveyancing team in his office.
Save your money for a specialist barrister should you need one.
Even though I haven't reached the end yet Im happy that I have a good team representing me.

Daisy x

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