|
|||||||||||||||||||||||||||||||||||||||||||||||||||||
Saving Money with Colorado Divorce Mediation, versus Court Orders Thus, the entire mediation process can often be completed with only 4 to 8 hours of mediator time. Even if there is a fair amount of conflict. Most mediations are completed within a 30 to 90 day time period. This assumes a minimum amount of differences over parenting and support issues; and the division of assets and debts. The cost for many efficient mediations is generally about $1,000. This includes the written agreement, but not the court filing fee or the completion of the standard court documents. This also does not include the cost of any review by outside attorneys. In many cases the parties cannot justify representation by outside attorneys, except sometimes to review the final agreement. In contrast, highly-contested court proceedings where both parties are represented by separate attorneys often cost $20,000 to $60,000 in attorney fees. Sometimes even more. This high cost is a result of lack of proper disclosure (hide the ball tactics) and the need to dispute every issue at each part of the process. Often costs are increased through the use of outside experts such as parenting evaluations, property appraisers, and vocational evaluators. The focus is on "fault" and differences. Here, every step in the process is disputed and evaluated from the standpoint of win-lose games. Both parties feel that they must "win" by making the other party "lose." The time needed to complete a contested divorce is generally more than 1 year. Saving Time with Colorado Divorce Mediation, versus Court Orders NOTE: If the marital assets include a closely-held business (valuation issue) or there are other complications such as difficult parenting issues, then mediation can take significantly longer. Particularly if both parties are represented by their own attorneys. These complications will also increase the cost of mediation.
|
![]() |
||||||||||||||||||||||||||||||||||||||||||||||||||||