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WHAT ARE THE COSTS OF MEDIATION? We customarily work together in two-hour sessions. A single mediator is $ 350 for the session and the team is $ 450. DIVORCE MEDIATION: In addition to the costs of each session there is an administrative fee at the conclusion of mediation, which is capped by agreement at $ 500. The administrative fee is for the preparation of the Memorandum of Agreement as well as the detailed reports of each session, which are sent to you for review prior to the next session. This will enable you to prepare for the following session as well as to reconsider any agreements you may have made, which may not be exactly what you want or need. Generally, attorneys require a retainer from each party of $ 3,500 to $ 5,000. Often, each party may expend upwards of $ 20,000 before completing the process over a period of two to three or more years. In mediation, you pay for each session at the end of each session. We have found that when the couple have children and there are many issues including assets and liabilities that require division, a home that may or may not be sold, pensions and other investments, as well as child support and maintenance, maintenance may be completed in four to six sessions. If a couple has negotiated some of the items in need of resolution, the number of sessions can be drastically reduced. You are always in control. If you are able to create proposals in a timely fashion you will require less sessions. Rather than years, the mediation process is measured in months. OTHER FORMS OF MEDIATION: In business mediation, sessions are often extended beyond the customary two hours because of the need to resolve the problems in a timely fashion. Often, because of the number of people participating in the process, sessions will be extended because of the difficulty in scheduling a time when everyone is available. Not all mediations require session reports or a Memorandum of Agreement at the conclusion of the process. ADDITIONAL COSTS FOR AN ATTORNEY: Divorce mediation will require an attorney to complete the process through the courts. One attorney is all that is required because the attorney will effectuate your agreement and will not attempt to re-negotiate it. Other forms of mediation often do not require an attorney because the agreements need not be processed through the court system, unless at some time in the future the agreement was violated. |
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