Before you hire a lawyer to help with your divorce, you should learn about the fees involved. Legal fees come in many forms.
1. Consult fee. The consult fee is charged when a potential client requests a consultation. It can be a flat fee or an hourly rate. You'll have to pay the fee even if you decide not to hire the lawyer.
2. Retainer fee. This is a fee you pay upfront to secure payment for hourly legal fees. You may need to pay more once the retainer fee is used up. Ask the law firm what its payment policy is.
3. Avoid litigation. If you can, try not to go to court. Try to negotiate and compromise on a settlement. It will keep costs down and emotions in check.
4. Shop around. Don't hire the first lawyer you meet because you're desperate. Ask friends and relatives whether they know of any good lawyers. Remember that mediators also charge fees.
5. Remember these figures. The cost of a divorce typically ranges from $2,500 to $10,000.
Click here to read the entire article on understanding legal fees in a divorce.
