The rich and famous are seeing the benefits of out-of-court divorce settlement. They have the money to slog it out in court, but in the past few years, more of them choose not to do so. Last Saturday in a New York Times article, columnist Paul Sullivan delved into the lessons we can learn from such famous divorcing couples as Rupert and Wendi Murdoch.
Mr. Sullivan interviewed me on dividing up assets in divorce. Specifically he wanted to know the best and worst ways people go about sorting out the money part of a divorce. He notes in his column there are four areas to be considered in a divorce: agreements, assets, children and fees. All these points apply not just to the rich and famous, but also to normal people like you and me. Near the end of the article, Sullivan quotes me on the advantages of collaborative law divorce in out-of-court settlements.