Hiring a divorce mediator can be an amicable way to part ways without the struggles of a drawn-out legal battle. Finding the right divorce mediation services is essential. One of the most important factors many people consider is the price tag for these services. Here is what you need to know about divorce mediator cost.
Divorce Mediator Cost Factors
There are a few factors involved when it comes to the costs of having your divorce mediated. Some divorce mediators charge an initial fee to start your case. Hourly rates and the number of sessions you will need also determine your overall cost. You may have to pay for additional expenses such as document creation and filing fees.
Average Divorce Mediator Cost
According to Thumbtack, the average hourly rate for divorce mediation is between $200 to $500 per hour. In some cases, you may be able to get fees waived or attend a free alternative dispute resolution settlement conference. During this type of conference, a judge facilitates discussions between the parties. You may also be able to find a low-cost divorce mediation service in your local community depending on your financial situation.
Private mediation can range from $500 to $2,000 on average. This cost will depend on the complexity of the documents and hourly rates. These costs are significantly lower than the $15,000 to $42,000 that a traditional divorce can cost. With mediation, the court will charge separate filing fees. These divorce mediation costs may be paid for from the couple’s joint funds or another agreed-upon form of payment.
Saving Money During The Divorce Mediation Process
Being organized and efficient can save you money during the divorce mediation process. Make sure you fill out your paperwork on time and correctly. Gather all the financial documents you’ll need before attending your appointment to help things go smoother. Write down a list of questions you may want to ask so you don’t forget during the middle of the negotiations. Since most people marry again about three years after a divorce, you may want to think about financial implications after the divorce is finalized.
While divorce mediation can be less expensive than hiring a divorce lawyer, it can still significantly affect your budget. By preparing ahead of time, you can save yourself time and money. If you’re looking for a divorce mediator, C.E.L. & Associates can help. Call us today to schedule a consultation.