In most cases the Collaborative Law process is significantly less expensive than litigation for a number of reasons:
- Information can be exchanged more seamlessly and any questions that arise can be addressed and answered directly.
- The process is entirely bespoke and certain administrative and drafting processes designed primarily for the court’s benefit can be avoided.
- Delay is often a feature of litigation and the increasing length of time between hearings often means that financial information in particular quickly becomes out of date. requires constant refreshing, all of which adds costs that can otherwise be avoided within the Collaborative process.
Although collaborative law can be a more expensive option than mediation, if legal advice is required alongside the mediation process the difference between the two may not be that significant.