The importance of family law settlement negotiations cannot be overstated.
In a recent Family Court decision, the judge made a costs order against the wife – that she pay the husband $30,000!
Because, in the judge’s opinion, the wife had let her anger and distress ‘drive the litigation’ and she had failed to make a ‘meaningful attempt’ to negotiate a settlement, including aggressively rejecting the husband’s settlement offer which ended up being more than the judge awarded her.
So, the wife’s poor attitude to settlement resulted in:
1. A lesser share of the asset pool
2. A costs order.
I wonder how she’s feeling now – even more, angry and distressed?
The moral of the story – negotiate, negotiate, negotiate and settle, settle, settle.
If you want to reach a negotiated settlement ASAP,