How a London Divorce Lawyer Could Prevent an Expensive Divorce

Divorce can be an expensive process. The settlement and legal fees can leave bank balances seriously drained. And when it comes to the separation of the richest people in the world, those figures can be astronomical. KMJ Solicitors, the Legal 500 family law firm, are here with an infographic guide to the most expensive divorces in history. We also give some advice on how to keep your costs down if you separate with your spouse.
When billionaires get divorced, the figures that change hands tend to be extremely high. All of the most expensive divorces on our list feature settlements in the hundreds of millions of US dollars. In fact, four of them even reach into the billions. There are some familiar names on the list, including media mogul Rupert Murdoch, but the most expensive settlement is between two little-known individuals. Russian businessman Dmitry Rybolovlev was forced to hand over $4.5 billion when he split from his wife Elena in 2015.
While the settlement of a divorce is subject to a number of different criteria — and therefore not under one’s control — there are ways of minimizing costs. For example, arranging your financial documents before you start negotiations is a great way of reducing billing time with your London divorce lawyer. We also recommend being completely truthful when it comes to your financial affairs, because being dishonest will only prolong the process and could affect your settlement. Additionally, while many people may think that divorcing without a solicitor will make things cheaper, this may not be the case. London divorce lawyers are trained negotiators and will fight to get you the best deal.

Infographic Source: http://kmjsolicitors.com/london-divorce-lawyer-expensive-divorce/