High Net Worth Divorce

What is the best approach for my divorce?

At the first meeting, you will be advised of various options of the routes you can pursue in your divorce. We understand that you may wish to pursue litigation, so you are awarded a specific amount, but it is always best to negotiate matters as much as possible before relying upon formal proceedings.

Litigation

It is sometimes best to attempt to resolve disputes and reach an agreement without the involvement of courts. Unfortunately, there are times when you are unable to reach an amicable agreement with your spouse and require the intervention of the courts.

Litigation can be costly and unpredictable so it's always best to stray away from such proceedings unless necessary. It is therefore always beneficial to consider other options that are both time and cost effective. In addition to this, in high net worth divorces, discretion might be something you desire and therefore both parties might wish to reach an agreement without entering any court proceedings.

Mediation

Mediation is an alternative dispute resolution process that has shown to be very effective with multiple family matters, including but not limited to Child Arrangement Matters and Financial Matters following a divorce. This process is voluntary and therefore both parties should approach this with an open mind and with the view of resolving matters amicably. This process provides complete discretion and has proven to be very time efficient.

The process generally involves both parties attending at a meeting with a mediator who will be able to assist with reaching an agreement that will aim to resolve issues and achieve a reasonable outcome for both parties.

Collaboration

During the process of collaboration, both parties as well as their lawyers attend structured meetings where they work towards reaching an agreement in terms of both financial matters as well as child related issues.

Arbitration

Arbitration is one of the most effective methods of dispute resolution. It is a legal process that aims to resolve the legal dispute without the intervention of the courts. An independent third party, who has no connections to any of the parties or the case, makes the decision.

The arbitrator will hear all evidence following which they will make an impartial and independent decision based on circumstances.

Why choose Westridge Legal?

Divorce and Separation is a very difficult decision to make and should never be taken lightly. Our team of divorce lawyers are aware of the sensitivity and complexity involved in such matters.

We understand that every individual requires different care. Our highly experienced lawyers will guide and support you every step of the way.

If you wish to speak about your options directly with our specialist staff, please contact us on 0121 724 0302 to book a consultation today.